Natural diamond prices continue to rise in 2014

Summary 2014 diamond price trend: There are data in the industry that from the beginning of May last year to the present, the national diamond sales exceeded 1 billion yuan. The consumption of diamonds from 2 carats to 5 carats increased by more than 40% year-on-year. As early as February 2012, the world's largest supply of rough diamonds...
2014 diamond price trend: There are data in the industry that from the beginning of May last year to the present, the national diamond sales exceeded 1 billion yuan. The consumption of diamonds from 2 carats to 5 carats increased by more than 40% year-on-year. As early as February 2012, De Beers Diamond Trading Co., the world's largest supplier of rough diamonds, raised the price of rough diamonds by about 7%, while the price of rough diamonds was raised by 7% after only two months.

Since last year, diamond sales have been optimistic, and the diamonds in the hands of merchants have also begun to decrease. In contrast, consumers’ enthusiasm for buying is still high, and the diamond market is in short supply. As we all know, ore is a non-renewable resource. At present, global diamond production is declining. If no new mines are found, some experts say that after 40 years, the global diamond mines will be exhausted, and the demand for diamonds is growing. Drilling is tight, and it is expected that the diamonds of Dakla will be out of stock in the near future.

According to the latest diamond price report in 2014, the 30-, 50-, 1-, and 3-carat loose diamonds all have different growth rates. One carat of diamonds grew the fastest, reaching 8%. For example, the price of a diamond of 30 points is raised by about 200 yuan on the basis of the original price. This trend is most evident in high-quality diamonds with better carats, clarity, color and cut.

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