Home | Rough Diamond | Rough Diamond Trade

Rough Diamond Trade

Diamond Trading Company (DTC)

Diamond Trading Company (DTC)

The most common way is through the channels of De Beers: Diamond Trading Company (DTC).

The DTC is the rough diamond distribution arm of De Beers, and is the world's largest supplier of rough diamonds, by value.

The Diamond Trading Corporation's purpose is to stabilize prices when times are hard, and raise them with inflation and demand when times are good.

DTC holds ten week-long selling sessions called sight each year. These sights are by invitation only, and only a handful of diamond manufacturers from around the world (called Sightholders) are allowed to attend. The value of each sight varies from $500,000.00 to $2,000,000.00.

« Outside » Market

The « outside » market is the market « Outside DTC », i. e. not controled by De Beers.

There are other mining companies (BHP Billiton, Alrosa, Rio Tinto) operate diamond mines and sell their rough diamonds on the international market. These sales are like the sights of De Beers.

Diamond Exchange, Bourse

The major diamond manufacturing centers includes Israel, Belgium, India and New York. The most important is Antwerp in Belgium, more than half of the world market of polished diamonds passes by Antwerp.

In Belgium, approximately 1,500 diamond offices are located in Antwerp in a diamond district: Hoveniersstraat, Schupstraat, Rijfstraat and Pelikaanstraat.

The rough is distributed to the cutting centers and to dealers in Antwerp, where approximately 80-85% of the total rough diamond trade takes place.

The main diamond bourses are:

Antwerp Diamond District

Beurs voor Diamanthandel: Antwerp, polished diamonds.

Diamantclub van Antwerpen: Antwerp, rough and polished diamonds.

Vrije Diamanthandel: Antwerp, rough and polished diamonds.

Antwerpse Diamantkring: Antwerp, rough diamonds.

Diamond Dealers Club: New York, rough and polished diamonds.

The Israel Diamond Exchange Ltd.: Ramat-Gan, rough and polished diamonds.


The conditions to become member of one of these bourses are very strict.

Copyright © 1999-2017 Info Diamond. All rights reserved.
Newsletters

Precious Metals Prices
Gold
$1,241.00
Down
Palladium
$1,012.00
Up
Platinum
$892.00
Up
Silver
$16.00
Down
Currencies & Tax Tools
GIA: Gemological Institute of America     HRD     IGI: International Gemological Institute     AGS Laboratories
Visa     American Express     MasterCard     CB     Paypal     Fedex