Depreciation marring strength of lab-grown diamond market: NDC

The Natural Diamond Council is attempting to set the record straight on a few common misgivings concerning natural gemstones.

NDC shares that report findings are derived from a thorough review of a wide range of secondary research sources and the evaluation of internal research conducted on behalf of the Natural Diamond Council by globally respected third-party organizations. The research was conducted at the beginning of 2023.NDC’s report findings suggest that lab-grown diamonds have experienced significant price depreciation in recent years.

Furthermore, 3 of every five lab-grown diamonds are mass-produced in jurisdictions including China and India, and while some players in the alternative materials space make claim to mining-free processes in marketing, authors of the report have called this premise into question.According to the organization, synthetic diamond production can require graphite and metals.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Seattle City Council confirms first members of film commission to boost local film and TV industry'I’m excited to see the innovative ideas the commission puts forward to put Seattle back on the big screen where it belongs,” said Mayor Bruce Harrell. Do some more Seattle is Dying videos and hire the homeless people. You will have plenty of sequels. “..state’s film making incentives…” so the state recognizes that lowering taxes incentivizes productivity. Interesting. Wonder why they don’t lower MY taxes. 'Here's my pitch: post-apocalypse'
Source: KIRO7Seattle - 🏆 271. / 63 Read more »