The moral controversy of natural diamonds is becoming more and more serious
Date:
16/07/26
At present, about a quarter of the natural diamonds in circulation in the world market are sold at high prices to fund illegal armed conflicts and wars, and in some regions, diamonds are even traded directly for weapons of mass destruction. The bloodiness of this trade goes far beyond the environmental problems of natural diamonds and the child labor of miners.
At present, about a quarter of the natural diamonds in circulation in the world market are sold at high prices to fund illegal armed conflicts and wars, and in some regions, diamonds are even traded directly for weapons of mass destruction. The bloodiness of this trade goes far beyond the environmental problems of natural diamonds and the child labor of miners.
The mass production and low price of synthetic diamonds obviously can not meet this special large capital demand, so to a certain extent, the development of synthetic diamond market is slowed down, but it is inevitable that the development of synthetic diamonds is low cost, low price and environmental protection; It also avoids controversy over the ethical issues associated with trading; And there is no difference in diamond properties from natural diamonds. Even Zohar, chairman of the Israeli Diamond Consulting firm, offers his opinion on the natural versus man-made question: For the modern young consumer, what is the difference between buying a diamond from "above ground" and one from "below ground"? Who cares about above or below ground?
In fact, the physical properties and chemical composition of synthetic synthetic diamonds are no different from natural diamonds dug out of the ground. The preparation of an artificial diamond takes less than 10 weeks, and the finished product is very delicate. In order to distinguish between artificial and natural diamonds, it is necessary to rely on high-precision machine detection to distinguish.
According to industry research published by Bloomberg, synthetic diamonds accounted for only a tiny fraction of the $80 billion in global diamond sales in 2014; In 2014, about 360,000 carats of synthetic diamonds were produced, while 146 million carats of natural diamonds were produced.
A survey of consumers between the ages of 18 and 35 in North America shows that nearly half of consumers are still in love with natural diamonds. But there are industry forecasts that by 2026, synthetic diamond production will soar to 20 million carats. Walmart and Warren Buffett's Herzberg Diamond Company are said to have begun stockpiling synthetic diamonds.
In the game to seize the diamond market share, the production and sales of natural diamonds are still playing the romantic card, they believe that only natural diamonds buried in the ground for ten billion years can play a variety of beautiful meanings given to diamonds, each natural diamond that has experienced time sedimentation carries a unique natural and human story, which is unrivaled by the laboratory production of diamonds. According to the survey, a 1 carat natural diamond market value of $10,000 in New York jewelry stores, while the same 1 carat artificial diamond is only $6,000, in contrast, the price advantage of artificial diamonds is self-evident, and greatly avoided the related moral controversy brought by natural diamonds, its consumer demand is also very large in the future.
Vishal Mehta, CEO of IIA Technologies in Singapore, said: "We are creating a new industry to become a prolific producer of synthetic diamonds. Environmentally friendly and ethically uncontroversial "pure" diamonds are increasingly accepted by modern consumers; It was also a turning point in the development of synthetic diamonds."
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