According to foreign media reports, the world's largest diamond producer is preparing to raise prices substantially. As a result, diamond prices will rise sharply across the board. According to informed sources, with the gradual recovery of the global diamond industry, De Beers, the world's largest diamond producer, raised the price of diamonds by about 5% in its first transaction this year.

It is understood that the price increase mainly involves diamonds weighing more than one carat. People familiar with the matter pointed out that this may be the fastest price increase in 10 years. However, a spokesman for De Beers declined to comment on the news.

Jewelers in China are expected to release pent-up demand during the Lunar New Year on February 12, and manufacturers are also increasing production efficiency to cope with the expected post-holiday inventory replacement, resulting in an increase in rough diamond orders. Therefore, it is expected that there will be a large number of loose diamonds on the market in the first quarter.

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The history of De Beers Company

Since 1888, De Beers has been a well-known name in the diamond mining and evaluation industry.

De Beers has been closely involved in all aspects of the diamond industry, from rough mining to diamond sales, and has tried its best to win support. Through its global network of diamond promotion centers and diamond consultation centers, De Beers promotes and publicizes diamonds in 2/kloc-0 languages, providing help and professional advice to the jewelry industry and the media. The most important thing is to help consumers understand diamonds and drive the trend of diamond ornaments.