Diamond market back in sync in 18 to 24 months – Bristow

A combination of clean-out and restructuring of the mid-market occupied by cutters and polishers, and the commendable supply constraint exercised by major producers, will combine to put the global diamond market back in sync in the next 18 to 24 months, diamond consultant Dr John Bristow forecasts. The developer of two successful alluvial diamond companies – Gem Diamonds in 1998 and Rockwell Diamonds in 2006 – commended De Beers and Debswana for opting to leave diamonds in the ground and Russia’s Alrosa for building inventories to prevent an oversupply of rough diamonds.