The Diamond Show will be shaky due to the unrest in Hong Kong

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Mumbai, Ta. September 14, 2019, Saturday

At the Indian Commodity Exchange The turnover recorded in Diamond Futures was Rs. 8 crore with a decrease of Rs. It was 1.5 million.

Meanwhile, the contract for the month of Diamond 1 carat at the exchange in October contract was priced at Rs. 4.1 from Rs. 5.6 Decreased Rs. 2 was born.

In addition to declining Chinese wholesale demand, fewer suppliers and buyers have fallen in importance due to the unrest in Hong Kong during the Diamond Show to be held in Hong Kong next week.

With the holiday season in the United States approaching, dealers are optimistic about improving the trading of polished goods. The market is stable for 8.5 / 5 cents on low production Buyers only apply for specific goods, rather than raising inventory. The focus of the suppliers is on D-H and V-S malls of 1.5 to 8 carats.

Manufacturers are focusing on maintaining a low polished product but it is likely to encourage rough buying from October 1 before the Diwali holiday. Meanwhile, the Commerce Ministry has requested GJEPC to examine the possibility of setting up a separate council for Diamond.

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