Sentiment weak, with Indian cutters lacking liquidity. Steady demand for 1 ct. diamonds supporting the market. Low manufacturing profits placing pressure on under-0.50 ct. sector. Rough prices stable at De Beers sight, with April sales +10% to $575M. Trade expecting shortages, as De Beers plans to reduce supply to sightholders in new sales period. Alrosa March sales -33% to $377M. Graff unveils world’s largest square emerald diamond: A 302.37 ct., D stone cut from 1,109 ct. Lesedi La Rona. LVMH upbeat on luxury market, with 1Q jewelry and watch sales +9% to $1.2B. Far East retail outlook uncertain. Responsible Jewellery Council names Iris Van der Veken executive director.