Rapaport to Introduce Diamond Futures Proposal to Belgium Diamond Industry

Martin Rapaport will explain how a diamond futures contract is being developed in his keynote “State of the Diamond Industry” address in Antwerp on June 27 at 4:30 p.m. The presentation will emphasize how diamond stakeholders, especially small to medium size firms, will benefit from the proposal. Price transparency, market liquidity, risk management, and speculation will be discussed.

The presentation will include: the impact of African beneficiation on diamond distribution, globalization of diamond demand, currency volatility, synthetic-treated diamonds, and a basic forecast of diamond prices.

The lecture is open to the diamond trade and the general media. Due to security considerations individuals who are not members of Belgium Diamond Bourses will require identification and must RSVP to blanche@diamonds.net +32-3-232-3300 with their name and their identity number.