16 December 2017
Home Page About Us Services Publications Links
VIEWS
TACY'S MEMO
Opinion
Analysis
NEWS
Mining & Exploration
Rough Trade
Polished Wholesale & Manufacturing
Retail
Governmental
Labs & Trade and Industry Bodies
Branding & Marketing
Legal
Financial
Diamond Pipeline
Statistics
ARCHIVE NEWS - PRE 2008
People
Regional Issues
Created Diamonds
Civil Society
Ethics
Development Issues
Conflict Diamonds
Auctions
Kimberley Process
DIAMOND INTELLIGENCE BRIEFS
Diamond Intelligence Briefing 2017
Diamond Intelligence Briefing 2016
Diamond Intelligence Briefing 2015
Diamond Intelligence Briefs 2015
Diamond Intelligence Briefs 2014
Diamond Intelligence Briefs 2013
Diamond Intelligence Briefs 2012
Diamond Intelligence Briefs 2011
Diamond Intelligence Briefs 2010
Diamond Intelligence Briefs 2009
Diamond Intelligence Briefs 2008
Diamond Intelligence Briefs 2007
Diamond Intelligence Briefs 2006
Diamond Intelligence Briefs 2005
Diamond Intelligence Briefs 2004
Diamond Intelligence Briefs 2003
Diamond Intelligence Briefs 2002
Diamond Intelligence Briefs 2001
Diamond Intelligence Briefs 2000
Diamond Intelligence Briefs 1999
Diamond Intelligence Briefs 1998
Diamond Intelligence Briefs 1997
Diamond Intelligence Briefs 1996
Diamond lntelligence Briefs 1995
Diamond lntelligence Briefs 1994
Diamond Intelligence Briefs 1993
Diamond Intelligence Briefs 1992
Diamond Intelligence Briefs 1991
Diamond lntelligence Briefs 1990
Diamond lntelligence Briefs 1989
Diamond lntelligence Briefs 1988
Diamond lntelligence Briefs 1987
Diamond lntelligence Briefs 1986
Diamond Intelligence Briefs 1985
Diamond Intelligence Briefs 1984
TACY RESEARCH
Tacy's Reports
Tacy's Research
Tacy's Presentations
RESOURCE LIBRARY
Company Reports
Kimberley Process
NGO Reports
Government Reports
Conflict Diamonds
Producer Marketing Documentation
Trade Organization Guidance
Supplier of Choice
Legal Issues
LEGAL
Laws and Regulations
Court Documents
Anti-Money Laundering
Best Practice Principles
Compliance
Competition
Banking
FINANCE
Basel II
Compliance
Decisions
PICTURES
Botswana
De Beers Archive Pictures
Conference Photos
India
Zimbabwe
SITE MAP
MY ARTICLES
created by CyberServe
 Email this      Printer-Friendly Format    
2006 DIAMOND PIPELINE – 2006 WAS A SOFT YEAR: DIAMOND OUTPUT BY VALUE UNCHANGED; PROSPECTS FOR ROUGH SHORTAGES UP TO 2015
23 April 2007
In theory all available supply and demand data points to expected rough diamond shortages. Some even say that it is already hard to find the required rough. In practice, however, in 2006, we saw a considerable softening of prices on the rough supply side, exacerbated by an inability by the producers to sell their entire output. At De Beers rough sales arm DTC, clients “left goods on the table” and its Diamdel subsidiary wasn’t able to reach its sales targets, even after reducing prices (to below the DTC’s selling prices). Rio Tinto decided to withhold Argyle goods from the market and stockpiled goods in the range of US$100 - US$125 million by the end of 2006. The voluminous Argyle mine itself also produced some 1.4 million carats less in 2006 than in 2005. Though the goods withheld from the market don’t represent a large sum, they may amount to some 10 million carats of low value goods which has a severe impact on manufacturing in India.

PREMIUM CONTENT
Access to this article is limited to DIB members. Sign in now.
Relevant non-profit associations, academic institutions, and professional journalists may apply for complimentary membership. Please contact DIBaccess@tacy.co.il
   Back»