Generally speaking, futures diamond ring is an operation mode chosen by businesses with relatively limited strength in order to save costs and transfer risks. Consumers' choices are diverse, and it is impossible for small businesses to buy spot loose diamonds in large quantities to meet the various needs of consumers. As long as you choose the futures diamond ring, the goods are not in the warehouse, and there is no backlog and funds. After paying the deposit, consumers will use the money to set a diamond and make a diamond ring. For merchants, it is necessary to avoid the micro-risk of capital. Many couples who are about to get married can choose this way of buying.
Most of the problems of futures diamond rings focus on quality, and the "downstream drilling" of diamond supply chain is often used. What is downstream drilling? In the diamond supply chain, the remaining diamonds are selected by big customers. Because most futures diamond rings are single diamonds, they are generally downstream diamonds. In addition, futures are commodities that consumers can't see and what they get! Most merchants treat customers who buy futures, and the deposit will not be refunded or exchanged!