{"id":21666,"date":"2023-06-21T12:18:54","date_gmt":"2023-06-21T06:48:54","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=21666"},"modified":"2023-06-21T12:18:54","modified_gmt":"2023-06-21T06:48:54","slug":"de-beers-reports-softening-rough-demand-in-5th-sales-cycle","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/","title":{"rendered":"De Beers Reports Softening Rough Demand In 5th Sales Cycle"},"content":{"rendered":"

De Beers reported a 32% decline year-on-year in the value of rough diamond sales for the fifth sales cycle of 2023, encompassing global sightholder sales and auctions. During Cycle 5 2023 (5 – 20 June), the provisional sales value reached $450 million, marking a 6% decline compared to $479 million achieved in Cycle 4 2023, and a 32% fall versus sales of $657 million in Cycle 5 2022.<\/p>\n

Al Cook, CEO, De Beers Group, said: \u201cFollowing the JCK Show, and with ongoing global macroeconomic challenges continuing to impact end-client sentiment, the diamond industry remains cautious heading into summer. Reflecting this, we saw demand for De Beers rough diamonds during the fifth sales cycle of the year slightly softer than in the fourth cycle.\u201d<\/p>\n\n\n\n\n
<\/td>\nCycle 5 2023<\/strong><\/p>\n

(provisional)<\/strong><\/td>\n

Cycle 4 2023<\/p>\n

(actual)<\/td>\n

Cycle 5 2022<\/p>\n

(actual)<\/td>\n<\/tr>\n

Sales value ($m)<\/strong><\/td>\n450<\/strong><\/td>\n479<\/td>\n657<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

De Beers reported a 32% decline year-on-year in the value of rough diamond sales for the fifth sales cycle of 2023, encompassing global sightholder sales and auctions. During Cycle 5 2023 (5 – 20 June), the provisional sales value reached $450 million, marking a 6% decline compared to $479 million achieved in Cycle 4 2023,…<\/p>\n","protected":false},"author":1,"featured_media":21667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-21666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\nDe Beers Reports Softening Rough Demand In 5th Sales Cycle - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers Reports Softening Rough Demand In 5th Sales Cycle - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"De Beers reported a 32% decline year-on-year in the value of rough diamond sales for the fifth sales cycle of 2023, encompassing global sightholder sales and auctions. During Cycle 5 2023 (5 – 20 June), the provisional sales value reached $450 million, marking a 6% decline compared to $479 million achieved in Cycle 4 2023,…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-21T06:48:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/06\/Beers-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/06\/Beers-1.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/\",\"name\":\"De Beers Reports Softening Rough Demand In 5th Sales Cycle - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/#primaryimage\"},\"datePublished\":\"2023-06-21T06:48:54+00:00\",\"dateModified\":\"2023-06-21T06:48:54+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/de-beers-reports-softening-rough-demand-in-5th-sales-cycle\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=21666"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21666\/revisions"}],"predecessor-version":[{"id":21668,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/21666\/revisions\/21668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/21667"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=21666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=21666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=21666"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=21666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}