![]() Manufacturers welcomed the break as they try to reduce the supply of diamonds in the marketplace during the ongoing period of weak polished demand. ![]() In addition, traders in India began their annual vacations during the school holidays from mid-April to the end of May.Ĭonsequently, manufacturing and trading activity is expected to remain muted in the month ahead. ![]() Trading was sporadic and order-specific, with many dealers in Antwerp, Ramat Gan and New York taking vacation during the eight-day Passover Jewish holiday, which coincided with the long Easter weekend. Dealers and manufacturers expressed uncertainty about the future in light of their continued deep concerns about tight liquidity and low profit margins. ![]() Polished markets were quiet during April, with very low trading volume in the diamond centers. ![]()
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