DeBeers Archives - Inflation Watch https://inflationwatch.drduru.com/tag/debeers/ Watching for inflation here, there and everywhere Mon, 13 Jun 2011 08:50:28 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 DeBeers Archives - Inflation Watch https://inflationwatch.drduru.com/tag/debeers/ 32 32 246324047 Diamond prices up 17% in the first quarter https://inflationwatch.drduru.com/diamond-prices-up-17-in-first-quarter/?utm_source=rss&utm_medium=rss&utm_campaign=diamond-prices-up-17-in-first-quarter Mon, 13 Jun 2011 08:50:28 +0000 http://inflationwatch.wordpress.com/?p=1841 In “Diamond Prices Set To Sparkle“, CNBC reports that diamond prices increased 17% in the first quarter of this year. While the U.S. remains the biggest market for diamonds at 40% of sales, Indian and Chinese demand is rapidly rising. DeBeers thinks it may have to double output in 15 years at China’s current rate […]

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]]> In “Diamond Prices Set To Sparkle“, CNBC reports that diamond prices increased 17% in the first quarter of this year. While the U.S. remains the biggest market for diamonds at 40% of sales, Indian and Chinese demand is rapidly rising. DeBeers thinks it may have to double output in 15 years at China’s current rate of growth. This will mark quite a turnaround for the diamond company as it turned in a loss in 2009 and required a $1B “injection” of capital to stay afloat.

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