Cycle 8 in the sync with a quieter time

De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2019. At the juncture Bruce Cleaver, CEO, De Beers Group, said: “As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our customers flexibility during this sales cycle.”

 

Particular:	Cycle 8 2019 (provisional)[1]	Cycle 7 2019 (actual)[2]	Cycle 8 2018 (actual)
Sales value[3]($m)	295	287	482

Notes:

[1]  Cycle 8 2019 provisional sales value represents sales as at 2 October 2019.

[2] Cycle 7 2019 actual sales value is restated following the earlier publication of a provisional figure for the seventh sales cycle of 2019.

[3] Sales values are quoted on a consolidated accounting basis. Auctions included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.

 

 

 

 

 

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