The world Diamonds Trade

First we will talk about how the diamonds comes? In the beginning the carbon turns into the diamonds by extreme pressure and high temperature about 1000 C. The diamonds goes up to the surface by The Magma Via. The biggest amount of diamonds comes from Africa.

The biggest company of diamonds in the world is (De Beers consolidated mines Ltd) and they bring the diamonds from South Africa. They have or control more than 80% of diamonds in the world. In 20th century they keep the price of diamonds high by restrict the amount of diamonds.

Antwerp city has been a diamonds center for 600 years. The people who associated with the diamonds trade in this city are Indian families and Lebanese. In these days 1500 polishers and cutters are left Antwerp city. The percentage of the worlds rough diamonds pass through Antwerp city is 80%.

The percentage of the worlds rough diamonds are cut and polished in India is 90%. The most rough diamonds come from Antwerp city and Tell Aviv city. The Indian workers get 40 cents for each cut and polished gem. Dubai now is developing in this course and it tries to be the center of diamonds.