De Beers Diamond trading Company (DTC) reduced sight prices by an estimated average of 8 % at its week. The sights total value is estimated at $580 million USD and all site boxes were taken.
Price were down across the range with reductions of up to 17 % for better-quality goods.
DTC is said that rough prices have now in line with polished, which have since stabilized.
DTC sales have declined by 23 % year on year to about $4 billion.