Diamond industry global market situation.

According to RAPAPORT News the diamond industry finds itself in the middle of many external forces.

The Russia-Ukraine war has modified the stockpile circumstance and harmed US interest for Alrosa merchandise. Lockdowns in China have decreased deals in the Far East market.

This mix of variables has developed an intricate dynamic. Inventory is down, yet a couple of classifications are seeing huge deficiencies, explains Shimon Gerstensang, the Rapaport Group’s in-house expert on the diamond market and pricing. As Western sanctions continue, scarcities will intensify in the items that Alrosa tends to produce, he predicts.

While there’s a lot of uncertainty in different markets all over the world, the strong US market is the sole engine driving the industry.

At Owl, we provide the financing you need to get ready for the upcoming challenges of the industry.

We can show you how to optimize your slower moving inventory to take advantage of the market.

CALL US TODAY at 212-319-1250 for a private, discreet conversation on how you can leverage your jewelry assets to meet your cash needs.

You can also email us at info@owlfinancialgroup.com with any questions you may have or schedule a meeting at our offices.

Owl Financial Group - Respected and trusted by Jewelers and Manufacturers throughout the world for over a decade.

Warm Regards,

Kathy Hillelson & Kalman Klein

Owl Financial Group, LLC

P: 212.319.1250 | F: 888.518.5744 | 844.CALL.OWL

info@owlfinancialgroup.com