Diamond imports to India sank to annual minimums

According to the results of June, India, the largest diamond guard, reduced the purchase of stones by 23% in carats and by 4.33% in dollars in an annual comparison. The export of already processed stones, diamonds also fell by almost a quarter in kind and by 15% in monetary. Reducing stones turnover occurs due to a decrease in diamonds of diamonds of all sizes. The situation in the industry is aggravated by an exacerbation of trade wars and a weakening of the Chinese economy. However, some experts expect to start the market recovery in the fall.