Capstone Presentation ON Price Movement in Global Diamond Market and Diamond Drivers
Capstone Presentation ON Price Movement in Global Diamond Market and Diamond Drivers
Capstone Presentation ON Price Movement in Global Diamond Market and Diamond Drivers
ON
PRICE MOVEMENT IN GLOBAL
DIAMOND MARKET AND
DIAMOND DRIVERS
PRESENTED BY:-
ANIKET AGARWAL (11605951)
DILIP SINGH PAL (11605620)
INTRODUCTION
Diamond is the most renowned and fictional
of all gemstones. Diamonds stand out in
several characteristics and functions. They
are the hardest metal on earth and famous for
it, the characteristics of diamond like
durability, attractiveness and less availability
or supply make them the most sought out of
all stones. There is no other gemstone as
popular and demanding in market due to
these special characteristics.
There are many gemstones other than diamonds
but they are colorless or vaguely colored which
makes them less attractive and desirable. The
topic to be discussed is price fluctuations of
diamond in the global diamond market. First
and foremost, the diamond market is explored
and found out to be heterogeneous that is made
of three significant market segments. Later the
process of movement of stones from mines to
global market is studied. And then the diamond
drivers and other determinants that impact the
prices of diamonds will be assessed.
PROCESSING OF DIAMONDS FROM THE
DIAMOND MINES TO MARKET
De Beers
Groups
COLOUR
FOUR
CUT CLARITY
“C”
CARRAT
DIAMOND COLOR EXPLAINED
HOW IS DIAMOND COLOR ASSESSED?
WHAT IS FLUORESCENCE?
HOW DO COLORED DIAMONDS WORK?
WHAT IS DIAMOND CLARITY?
HOW IS DIAMOND CLARITY GRADED?
THE GIA DIAMOND CUT GRADING SYSTEM
ELEMENTS INFLUENCING PRICE
MOVEMENTS
LOCAL MARKET SURVEY
Clarity Grade Meaning Description
IF $8000 -
I1 $3200 15.6%
I2 $2400 33.3%
Price Per Carat % Drop in Price From Next Highest Grade
Colour Grade
D $7250 -
E $6500 11.5%
F $6100 6.5%
G $5450 11.9%
H $5000 9%
I $4300 16.2%
J $3600 19.4%
K $3150 14.2%
CUTS
LEVELS OF CERTIFICATION WITH THE CONSISTENCY
GIA is known for being the best lab in the World.
TOP
AGS- The are considered best for cut but when the measured in clarity context they are having
SECOND grading issues,
HRD- This is also an well-known and recognized lab but when it comes to the grading of
colour they have a bit of issues involved,
GCAL- Their results are highly regarded because they the most consistent with GIA
IGI- They are new ones and considered as improving ones can expect 1 grade of inconsistency.
THIRD PGS- They are good at grading but their market share and area of operation is very less.
GSI- This is more popular amongst large chain jewelers, and comes below IGI because its
FOURTH grading is not so consistent when compared to others.
EGL- They are not the Reliable lab for grading to be done at some points but they are also
FIFTH hated by many in the market.
Cutting and Polishing Industry 2017
120
100
80
60
40
20
0
2013 2014 2015 2016 2017
Cutting and Polishing Industry 2017 India Cutting and Polishing Industry 2017 China Cutting and Polishing Industry 2017 Other
Rough Diamond Production Grew
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Other Angola South Africa Drc Australia Botswana Canada Russia
180
160
140
120
100
80
60
40
20
0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Polished Diamond market Price Index Rough Diamond Polished Diamond market Price Index Polished Diamond
CONCLUSION & RECOMMENDATION