DTC March Sight Estimated at $420M

The following article appears courtesy of Rapaport Trade Wire

Intellectual property of Rapaport

The Diamond Trading Company’s (DTC) March sight had an estimated value of $420 million as both prices and assortments remained consistent. Sightholders were satisfied with the DTC boxes, saying that De Beers is currently offering the best value on the market.  One sightholder added that: “The more you see of outside goods, the cheaper DTC looks.”

De Beers pledged during the February sight to keep prices stable in the short term, barring “any further major changes in market conditions.” Sightholders said they expect this stability to last at least until the JCK Las Vegas show in June.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s