The
gap between diamond demand and supply is set to
widen from mid-2008 as demand from India and China
will grow but no major new mines are expected to
come on stream in the next three years......
Prices Will Moderate
Sooner Or Later
The fear of double
digit inflation looms large over the Indian economy
as official data (on 13/06/08) showed inflation
rate reaching 8.75%, which is the highest in last
seven years. Analysts say that they see fewer signs
of a reversal of the trend anytime soon.
