At Last, a Pipeline Truly Driven by Demand - Narvekar and Even-Zohar
November 02, 20
(IDEX Online) - The diamond pipeline has reverted, for the first time in almost a century, to one that is truly driven by demand, say industry experts Pranay Narvekar and Chaim Even-Zohar.
Rough suppliers no longer set the price and this is a welcome development, they say in The 2019 Pipeline - Prelude to the Storm, an authoritative analysis of the state of the industry, available online from this week.
"A gradual pipeline restructuring process finally matured into an inevitable and, in fact, a most desirable conclusion for the midstream sector," they write. "The diamond industry will become structurally not only more competitive, but also much healthier.
"After a disastrous 2020 we face an uncertain future. But we should still be thankful for 2019. It was a tough, there's no question about that.
"However, it left us in a stronger position to face what's coming... as we become a truly market-driven industry."
Click here to read the full Pipeline 2019 article
Click here to see the Pipeline 2019 graphic