DTC raises prices of rough in 'bullish' climate

Although Kago Mmopi of DTC Botswana will not shed light on the exact amount of the price increases, he says "there has been some incremental adjustments to DTC box prices over the past few sights and a further and higher single-digit increase for Sight 2."

Industry sources say DTC has increased its prices by seven to nine percent at its February sale (Sight2) that was held last week and which Mmopi says performed according to expectations and was vastly better than last year's for the same period.