Russia is an important exporter of natural diamond rough embryos in the world. In 2020, the amount of rough diamonds exported by Russia was about US $3 billion. Due to the sanctions launched by the United States, the European Union, the United Kingdom and Canada against Russia, the diamond processing sector has been facing problems such as unstable supply and continuous rising prices of rough materials. According to IDEX data, the global diamond price index on March 1, 2022 has increased by 9.9% compared with the end of last year. De Beers, Alrosa and Petra, the main natural diamond producers, have successively raised the blank price in January, with an increase of more than 5%.
The epidemic has led to excessive currency, and the conflict between Russia and Ukraine has led to the rise of bulk commodities, which is constantly pushing up inflation. As a commodity that can resist inflation, diamonds are favored by global consumers, especially American consumers. The inventory consumption of diamond suppliers has accelerated. By the end of 2021, the diamond inventory is at the lowest level in history. At present, the supply is in short supply.
According to the theme database of financial Associated Press, among the relevant listed companies:
Henan Liliang Diamond Co.Ltd(301071) six face press equipment cooperates with the third grinding Institute to ensure that the company’s newly installed capacity is leading in the whole industry. It is expected that the company’s diamond production capacity will exceed 1 million carats / year by the end of 2022.
Henan Huanghe Whirlwind Co.Ltd(600172) is the leader of artificial diamond. With nearly 20 years of precipitation of diamond cultivation technology, it has achieved mass production of 5-6 carats of cultivated diamonds with high yield.
