Diamond Industry Financing Is Shrinking. This Is What It Means

Diamonds in the rough-Kan die Indiese diamantbedryf die huidige krisis oorleef?-Rough Tweets-De Beers Plans Overhaul of Supply Policy-The average wholesale price of 1ct round diamonds fell 6.1% in 2019-Rapaport Press Release: Diamond Prices Stable After Year of Declines-“Future of Diamonds” Panel Will Be a Highlight of VICENZAORO January-FINANCING CUTS CHALLENGE IMPACT INDIA’S ROUGH CUTTERS-Carnegie Institution seeks cut of rising lab-grown diamond sales-Diamond Crisis Gets Worse-DIAMONDS CHANGING FOREVER-Edahn Golan-The Golan Diamond Market Report – Q3 2019-Diamond industry’s torrid year set to continue for some time-Diamond Industry Financing Is Shrinking. This Is What It Means

Diamond industry financing has considerably declined over the last couple of years.

Utilized Bank Credit to the Diamond Midstream Decreased Every Month in 2019

Generally, the industry views this as unfavorable; yet, this can be debated. What is not in debate is that right now the diamond industry’s debt level is at its lowest in well over a decade.

Heavy Haul Quotes

Currently, diamond industry financing is estimated at around $9 billion. According to our estimates, industry indebtedness averaged $9.7 billion in 2019, with a downward trajectory throughout the year. That includes bank-supplied credit and money supplied by other financial entities such as investment firms and insurance companies. Read more..

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