(diamonds.net) - Dealers at the Hong Kong International Diamond, Gem & Pearl Show expressed concerns about sluggish polished demand and an oversupply of goods in the wholesale segment. Inventory moved slowly despite busy traffic at the fair, which began last week, people who attended the event told Rapaport News. A surplus of lower-value polished has spooked the market, with attendees bringing a large volume of goods to the exhibition. The number of stones on the RapNet Show Listings service, an electronic catalog of inventory, grew to a record 160,000 for the Hong Kong event, compared with the usual 100,000 to 130,000.
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