The diamond industry began 2021 in a stronger position than it has seen in some time. Surprisingly, the coronavirus crisis enabled the trade to reduce inventory and improve its profitability and liquidity. But is the recovery sustainable in the long term?
In our quarterly webinar series, Rapaport Senior Analyst Avi Krawitz assesses the state of the diamond market and the steps the industry must take to keep up the momentum.
• A look at the market improvement via supply-and-demand factors and price trends in 1Q, based on exclusive trade data.
• What needs to happen to ensure the positive results continue through the rest of 2021?
• A rundown of the new key challenges facing the diamond sector.