The fact of the matter is that pure rough diamond manufacturing is too excessive compared to what the market can readily take up. And but the major suppliers have been compelled to drop their costs, and while contractual obligations allowed De Beers to promote, the middle market experienced little demand for diamonds. The commerce became increasingly anxious about extreme polished shares impacting middle-market liquidity, which in flip weakened rough demand and prices. Most diamantaires had already written off 2022 and hoped to see improvements later in 2023. It’s been mentioned before that there’s never a dull day in the worldwide…