South Africa

Details

  • Industry: Mining
  • Type: Business and industry issue
  • Date: 2012/11/22

Quarterly Commodity Insights Bulletin: Diamond Q3-2012 

This Quarterly Commodity Insights Bulletin looks at how Diamond has performed during the third quarter of 2012.

Macroeconomic uncertainties such as the Eurozone crisis and lower demand from India have exerted downward pressure on diamond prices in recent months.

 

The 2012 outlook for rough diamond prices appears to be dim and this trend is likely to remain the same until 2014, when constrained supply, stable US demand and increased demand from emerging economies is expected to pull rough diamond prices up.

 

Also in this report:

 

  • Botswana to sparkle from Diamond migration
  • Supply and demand

 

Download the full report

 

Share this

Share this

Contact

Contact
Carel Smit
Head of Markets
Energy and Natural Resources
Tel: +27 (0)11 647 7065
carel.smit@kpmg.co.za