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LAST UPDATE: 24/9/2008 - 5:58PM EAT

Wednesday, September 24, 2008

Tanzanite prices and demand 'stable'

By Citizen Reporter, Arusha

Stakeholders in the tanzanite industry say the price of the precious gemstone found only in Tanzania is stable and competitive on the world market.

They said in an interview here yesterday that demand for larger, better quality precious stone was still strong.

However, they admitted that there was a slight drop in price for smaller stones on the world market, but demand and prices for larger ones were still strong.
The stakeholders were reacting to reports that the price of tanzanite on the world market has dropped More...


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