For those interested a follow up article from Avi Krawitz on the state of the diamond market.
The chart showing rough supply into India is significant as the high volumes through 2016-18 really depressed prices. The current volumes at similar levels are being absorbed by a positive polished market, though if sustained may start impacting.
https://www.diamonds.net/News/NewsItem.aspx?ArticleID=68251&ArticleTitle=The%2bVicious%2bRough%2bCycle
General Chat, page-642
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $170.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $90.78K | 751.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 266059 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 76416 | 4 |
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| Last trade - 13.15pm 08/10/2024 (20 minute delay) ? |
| BDM (ASX) Chart |