|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Diamond Prices: https://www.procurementresource.com/resource-center/anethole-price-trends/pricerequest
Diamond is a crystal form of arrangement of atoms, which is known as diamond cubic. It is a robust structure of carbon elements. It is highly rigid due to its composition and grouping of atoms.
Diamond is used in various industrial applications such as polishing tools and cutting because of its great thermal viscosity and toughness. Diamond is basically found in three types of deposits, like alluvial gravels, glacial tills, and kimberlite pipes.
Diamonds vary from colourless to black, and they may be transparent, translucent, or opaque. The specific gravity of the diamond of 3.52±0.01 and its refractive index is 2.418 (at 500 nm). Its density ranges from 3.5–3.53 g/cm3 3500–3530 kg/m3.
The leading diamond-producing countries are Russia, Botswana, Canada, and South Africa.
Key Details About the Diamond Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diamond price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Diamond price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Diamond Price Trend:
They are extensively employed for grinding, drilling, cutting, and polishing processes, because of their essential properties such as solidity and adaptability to heat.
Industrial diamonds are converted to create a grainy powder or micrometer-sized coarse which is called “diamond paste” and further they are utilised for delicate types of polishing or grinding.
The major applications that affect diamond prices worldwide are jewellery, automotive, aerospace, and defense. It is also employed in high-power electronics, lasers, and optics as well as materials, physics, and energy R&D.
Key Market Players:
- De Beers Group (Anglo-American)
- Applied Diamond Inc
- Industrial Diamond Laboratories, Inc.
- Lucara Diamond Corp. (Lundin Group of Companies)
- Petra Diamonds Limited
- Gem Diamonds
News and Events:
- July 25, 2022: Due to the dipping in demand and hike in the prices of rough cuts and roughs, the Indian diamond industry is anticipated to witness a decline of 15-20 percent in revenue.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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