Investor sentiment contradicting diamond market fundamentals

Lukewarm investor sentiment for natural diamonds seems to contradict the stable demand and favourable supply forecasts for natural diamonds, US-based diamond analyst Paul Zimnisky notes in a statement released last week. He recalls that during the State-owned Russian diamond company Alrosa’s Capital Markets Day on March 18, the company noted that the questions most frequently asked during one-on-one meetings with investors are ones related to the impact of laboratory-grown diamonds on the business.