Conventional wisdom says that an increased rate of diamond recycling results in downward diamond price pressure due to the theoretical increase in supply. However, the contrary may actually be true today in this relatively nuanced market. A more prevalent diamond recycling market could in fact be the natural diamond industry’s saving grace.
Historically, given that a more active recycled market would inevitably increase the amount of polished diamonds in the supply chain, the upstream and midstream diamond industries have understandably lacked incentive to support the secondary market. However given the current state of the diamond industry there is new incentive. Read more…
[pt_view id=”892ba0309f”]