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De Beers secretly sells discounted diamonds to selected traders
| ''"'''"''"' | 05/13/25 |
| ''"'''"''"' | 05/13/25 |
| ''"'''"''"' | 05/13/25 |
| gedood persoon | 05/13/25 |
| ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, | 05/13/25 |
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Date: May 13th, 2025 12:12 PM Author: ''"'''"''"' De Beers is facing industry challenges. The company is selling rough diamonds at lower prices to select buyers. This move aims to reduce inventory. However, it creates tension among other customers. Anglo American pressures De Beers to boost sales. The diamond market shows signs of stabilization. US tariffs pose new threats. The industry is lobbying for exemptions.
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Date: May 13th, 2025 12:12 PM Author: ''"'''"''"' The secret deals appear aimed at reducing De Beers’s ballooning inventories without openly cutting prices — something the company typically tries to avoid, but which has led to a big gap between its official pricing and valuations in the wider diamond market. De Beers usually holds 10 sales in Botswana each year for its roughly 70 registered buyers, where prices are non-negotiable. (http://www.autoadmit.com/thread.php?thread_id=5724470&forum_id=2E#48926934) |
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Date: May 13th, 2025 12:14 PM Author: ''"'''"''"' Rumors about the sales are adding to tensions among De Beers’s buyers who weren’t selected for the special deals, and are still expected to pay the company’s official rate at its set-piece sales. (http://www.autoadmit.com/thread.php?thread_id=5724470&forum_id=2E#48926944) |
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Date: May 13th, 2025 12:42 PM Author: gedood persoon lol (http://www.autoadmit.com/thread.php?thread_id=5724470&forum_id=2E#48927098) |
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Date: May 13th, 2025 1:05 PM Author: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, who owns De Beers? (http://www.autoadmit.com/thread.php?thread_id=5724470&forum_id=2E#48927148) |