The company fetched an average price of $125 per carat at rough-diamond tenders held during the three months that ended December 31, versus $127 per carat reported from a year ago.
“The price per carat realized during the tenders and sales continued to reflect weaknesses in certain categories of rough diamonds,” Diamcor said. Additional weakness was “experienced in the prices of smaller goods in December due to widely reported currency issues in India during the period,” it added.