No Data
No Data
Global Coal Demand Is Set to Plateau Through 2027 -IEA
Commodity Roundup: Commerzbank 2025 Copper View; ING Sees Energy Markets Under Pressure
Anglo American Faces 'Serious' Environmental Charges in Chile Over Alleged Violations
News reportedly states that the world's largest diamond producer De Beers has significantly lowered commodity prices.
According to Bloomberg, citing sources, the world's largest diamond producer, De Beers, has lowered the prices of most of its commodities by 10% to 15%. This is the first significant price reduction since the beginning of this year, with a historically rare magnitude.
Anglo's De Beers Diamond Unit Closes 2024 With Big Price Cuts
The diamond giant is bowing down! De Beers is reportedly lowering prices by more than 10%, abandoning price-setting defenses.
1. According to media reports, international diamond giant De Beers has comprehensively reduced diamond prices by more than 10%, abandoning the setting of price bottom line; 2. De Beers used to be a monopoly giant in the diamond industry, now supplying approximately 40% of natural diamonds globally, but the industry is facing the most serious decline in decades; 3. High inflation is impacting consumer purchasing willingness, nurturing the rise of lab-grown diamonds and weakening natural diamond prices, De Beers significantly lowered prices for the first time at the beginning of the year.