Sergio Sorrentino “The Natural Diamond Market is Recovering: Are Price Increases on the Horizon?”
According to analysts, one key factor behind this trend is the reduction in production by major industry players such as De Beers, which has implemented supply containment strategies to counter downward pressure on prices.
Sergio Sorrentino «The criterion of difference between natural and synthetic is Value»
The diamond supply market is experiencing strong growth after the 2020 setback caused by the pandemic. We spoke about this with Sergio Sorrentino, founder of the diamondsonline.it platform, owner of E-Motion Natural Diamonds, a leading company in the marketing of natural diamonds and owner of Easydiam, “which is another company”, the entrepreneur points out, “not born from a rib of E-Motion but which shines its own light and deals in Lab-Grown diamonds”. Natural and lab-made diamonds. Sorrentino, if you had to choose one criterion that differentiates them what would you point to?“The first big difference is value. We are lucky: the Italian market is very traditional, there is a great focus on value.
Sergio Sorrentino on Rapaport Market Comment
International Diamond Market: A Look at Current Trends
(Source: RapNet)
The diamond market reflects the usual seasonal slowdown in the United States following the holidays, with stable demand for round stones between 0.30 and 0.69 ct, D-F, IF-VVS2. De Beers has decided to keep prices stable for the January sight, while allowing buybacks of up to 20%. In India, the duty-free import of polished stones below 0.25 ct could significantly impact sourcing costs.
