Natural diamond prices rose significantly to foster diamond recognition will increase rapidly
Release Time:
2022-03-01
According to CCTV financial reports, the recent global rough natural diamond production continued to decline, natural diamond prices rose significantly. The 1 karat diamond index rose 5.6 percent in February, up 12.9 percent from the beginning of the year. At the same time, the cultivation of diamonds is receiving more attention from the market, recognition is rapidly increasing, and sales of branded stores have tripled.
According to CCTV financial reports, the recent global rough natural diamond production continued to decline, natural diamond prices rose significantly. The 1 karat diamond index rose 5.6 percent in February, up 12.9 percent from the beginning of the year. At the same time, the cultivation of diamonds is receiving more attention from the market, recognition is rapidly increasing, and sales of branded stores have tripled.
Cultivated diamonds have the same physical and chemical properties as natural diamonds, but the price is only about 1/3 of the latter. According to Bain, the penetration rate of China's Peiyin drill will increase from 4% in 2020 to 16.7 in 2021, and is expected to reach further by 2025.
13.8 percent. With the increase in consumer awareness and consumer habits. The sales volume of Pei Yan Diamond in the domestic consumer market, especially the first-tier city owners, will grow rapidly.
On the company's side, Zhongbing Red Arrow (000519) forward-looking layout to cultivate diamond business, production capacity and technology are in the domestic first echelon; Yellow River Whirlwind (600172) industrial diamond products full production and sales, and continue to raise prices.
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