Price of Natural Diamond Continues to Rise

Statistics show that from the first half of last May to the present, China's sales revenue of natural diamond has hit ￥1,000,000,000, among which consumption of 2 carat and five carat diamond has risen by more than 40% based on year-on-year basis. Early in Feb. 2012, De Beers, the global largest rough diamond supplier, improved its quoted price of rough diamond by approximately 7%. in simply two-month time, the price again rose by 7%.

The natural diamond began to witness a good sale since last year. Customers showed a high enthusiasm for purchasing. Demand exceeds supply in the natural diamond market. It is acknowledged to all that minerals are non-renewable resources. Currently, the global output of natural diamond is declining. If no new minerals are found, experts claim that the existing diamond mines will be used up in forty years. What's more, increasing market demand for diamond may result in shortage. It is predicted that in the near future, diamond of big carat will be out of stock.

According to the latest diamond price sheet in 2014, rough diamond of 1 carat and 3 carat have seen an increase substantially. The growth rate of 1 carat diamond has been the fastest, which is 8%. The trend is most obvious in diamond with superior quality.