Morning Bites (part 3)

💎 India’s rough diamond net imports declined 16% YoY in March, following the -13% YoY in February. Meanwhile, India’s polished diamond net exports were down 31% YoY, the same as in February. Synthetic rough diamond net imports slid 13% YoY, after the 107% YoY jump in February. The share of lab-grown net rough imports in total trading stood at 6% in March

We note India accounts for ~95% of world polished stone supply

#diamonds 
https://metals-wire.com/sector/Diamonds