Diamond polished prices increasing, says De Beers
Friday, November 19, 2010
Speaking during a press conference here with journalists from Botswana, De Beers Consolidated Mines (DBCM) CEO Phillip Barton said that increased demand coming mainly from India and China has seen the imbalance, which prevailed during the crisis period, starting to normalise.
"We have seen restocking starting to take place again in the pipeline after the crisis two years ago. And now with the increase in the demand, which is mainly driven by the by demand from Asia, polished prices have started to increase and we should see that gap starting to close," he said.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...