De Beers CEO Signals Natural Diamond Price Rebound Amidst Sustainable Development Push in China
De Beers CEO Al Cook stated that natural diamond prices are stabilizing and beginning to rise due to increased demand and falling supply. These comments were made during an interview with China Global Television Network (CGTN) in Beijing, coinciding with the signing of the Beijing Declaration on Natural Diamonds and Sustainable Development. The event highlights a concerted effort to link diamond trade with sustainable practices, potentially influencing market dynamics.
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Natural Diamond Prices Starting to Rise, says De Beers CEO (IDEX Online) - De Beers Group CEO Al Cook says natural diamond prices have stabilized and are now beginning to rise, as demand increases in key markets and global supply falls. He made the comments in an interview with China Global Television Network (CGTN) while in Beijing on September 15 for the signing of the Beijing Declaration on Natural Diamonds and Sustainable Development. "In the last few months, we've seen the price stabilize a