Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
The 7% to 15% rough diamond prices increase at last week’s BHP Billiton auction has made Indian diamond dealers reluctant to sell polished at current prices. The Indian market also widely anticipates a further price rise at the next auction, leading wholesalers to dig their heels in even more.
