The diamond market disrupted
Why is De Beers’ output decreasing so fast?
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Diamond output by the mining giant De Beers is down 23% this quarter. Demand is slowing as a bounce from the coronavirus pandemic wears off and synthetic diamonds eat into market share. Today on the show, we try to understand the market for diamonds. Also, we go short Charles Dickens in the theatre and short UK weather.
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You can email Katie Martin at katie.martin@ft.com.
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