Diamond market outlook: Russia’s miner ALROSA CEO says India will adapt to US tariffs; natural stones to stay resilient as synthetic prices plunge
Russia’s diamond miner ALROSA CEO-Chairman Pavel Maryinchev said diamond companies will need time to adjust to the US tariff hike but the long-term impact is unlikely to be severe, adding that India’s cutting and polishing sector should be able to “adapt and minimise the effect”.“According to GJEPC data, the amount of diamonds purchased by Indian…
