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Market NewsNewsDe Beers June sales total $390 mn, vs $581 mn in June 2018

De Beers June sales total $390 mn, vs $581 mn in June 2018

Press Release

DE BEERS GROUP ROUGH DIAMOND SALES FOR CYCLE 5, 2019

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2019.

Cycle 5 2019 (provisional)

Cycle 4 2019

(actual)

Cycle 5 2018 (actual)
Sales value ($m) 390 416 581

Notes to this table are shown at the bottom of this page.

Bruce Cleaver, CEO, De Beers Group, said: “While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished diamond inventories in the midstream resulted in a cautious approach from rough diamond buyers during the fifth cycle of 2019.”

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