Petra's Dippenaar Upbeat for Small Diamond Demand

Diamonds.net: Dippenaar stressed that these goods were significantly cheaper a few years ago and that there is still “room for growth,” as scores of new Chinese consumers enter the market. “Diamonds are a late cycle product and China’s urbanization is bringing more and more diamond customers to the market,” he explained. “This hasn’t even happened in a big way yet, but they will start by buying moderately priced goods and create a larger market for smaller stones.”