Supply Constraints in the Natural Market
Industry analyst Paul Zimnisky reports that natural diamond production will remain at multi-decade lows throughout 2026. De Beers has recently cut its production guidance, citing challenging rough-diamond trading conditions. This contraction in supply is beginning to stabilize prices for high-quality natural stones, which had previously faced pressure from the lab-grown market.
Supply Chain Insights:
- Scarcity Trends: The availability of large, investment-grade natural diamonds is tightening, particularly for D-F color and IF-VVS clarity ranges.
- Production Cuts: Major miners are prioritizing value over volume, leading to a leaner global pipeline.
- Market Balance: Falling supply is expected to bring the diamond market back into balance by the end of Q4 2026.
Sources: GJEPC, Paul Zimnisky, JCK Online