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Shine: Market Fundamentals Signal Growth
Solid Demand From China But Weaker Rupee Impacts India
Jun 6, 2012 2:30 PM
By Rapaport News
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RAPAPORT...
Varda Shine, the Diamond Trading Company's (DTC) chief executive, discusses how market conditions are shaping the second half of 2012. In this video, she shares observations from the JCK Vegas show; Indian market conditions due to the weaker rupee; China's economic impact on rough demand; global price outlook for rough diamonds, and what DTC's move to Botswana represents in terms of southern Africa's emerging e conomy.
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Tags:
Botswana, China, company, diamond, DTC, Economy, India, Rapaport News, rough, Rupee, trading, Varda Shine
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Varde Shine is much too optimistic
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Jun 8, 2012 1:05PM
By Gary Wright
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Varde Shine's comment that the US economy and consumption is "robust" misses the mark and is far too optimistic! Further, her comment about an election year being a driver, is conditional at best. If Obama retains his position as US President, you can count on continued depressed consumption of jewelry going forward. It does appear though that this is unlikely, which may be Good News for US jewelers & dealers!
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