Retailers

Rough diamond sales drop in cycle 6 to $630m

It is down from $657m (£545m) in cycle five

De Beers Group has announced the value of rough diamond sales for the sixth sales cycle of 2022 has dropped to a provisional $630m (£523m), down from $657m (£545m) in cycle five.

Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has said it continued to implement a “more flexible approach to rough diamond sales during the sixth sales cycle of 2022”, with the Sight event extended beyond its normal week-long duration.

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