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Commodities: Diamond prices stabilise and market moves into a stronger position

Posted on 28 January 2013

Diamond prices have probably finished their correction and a return to a bull market is close at hand, according to Japanese broker Nomura. “The diamond market has progressed through a tremendous dislocation since the global financial crisis in 2008. Prices fell sharply, followed by a rebound that pushed rough diamond prices through record levels and beyond equilibrium levels.
The market corrected in 2012, but we see a reasonably strong holiday period as likely signalling the end of the downturn,” Nomura explains………………………………………..Full Article: Source


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