How do changes in the raw stock prices affect the value of diamonds?
Regrettably as it is, but the raw stock prices have been cut adrift from the realistic prices for diamonds, so they currently show much less consistency than the cutters would like to see. Which classes of diamonds are enjoying the greatest demand? Basically, these are gemstones of up to 1 carat with good characteristics. Which countries can boast a steady demand for diamonds at present? The demand is actually everywhere, the only question is that of volumes. How are things currently going in Ruis Diamonds? We continue our business, though the volumes have naturally decreased. The main obstacle for a normal operation is a yet unregulated issue with VAT and those extremely high prices for diamonds asked for by ALROSA. Therefore, it is more profitable for us to buy a major portion of diamonds abroad. Do you experience any competition from Indian producers of diamonds? Naturally, there is the competition. Over the past few years, the Indians have made a huge leap forward largely due to th
