The underlying factors that determine the price of rubies

Mondo Collection Updated on 2024-01-19

Today, let's analyze the impact or determine the deep factors of ruby, as well as its trend, first talk about some industry background and deep factors, we all know that there is a clear international pricing in the diamond industry, we take this ** as a reference to guide the market, and how did this target come about?Diamonds are produced by Australia, Zaire Botswara, Russia, South Africa and other countries, and diamonds are controlled by a few large companies and countries from the source.

When there is a demand for a market and there are rules, there will be a standard price, and the industrial chain of the colored gemstone industry is far inferior to diamonds, in all colored gemstones almost only rubies and emeralds, there is a large-scale public auction of the industrial chain, and when it comes to the industrial chain of rubies, it has to be said that Gemfields and Fura These two companies, Gemfields, the British company, in 2012 and a local company in Mozambique, have 75 in Montepuez% of the equity, what is Montepuez place?The industry is recognized as the world's largest ruby deposit, and another company called Fura caused a sensation in the world some time ago, setting a record of $34.8 million at auction, and the 55-carat ruby known as the Star of Fura came from this company.

This company is a rising star after Gemfields, and the industrial chain caused by these two companies is also very clear, the two companies mine rubies in the place of origin, and after grading the rubies, they take them to Bangkok or Singapore for public auction, which is generally auctioned by several large companies in Thailand, and these companies polish, cut, polish, and polish the rubies in Thailand. Grading and then putting it on the market for sale, it can be said that these two companies have absolute pricing power for rubies, and more than 70% of the rubies you see in Thailand and China are from these two companies.

Next, let's talk about the ** trend of Mozambique ruby and the price increase factor, we often say a word, when you don't know what to buy colored gems to buy rubies, everyone pay attention to the rubies I am talking about here, are based on a carat unburned pigeon blood red with GRS or egl certificate as a standard, this is also the most standardized product in the colored gemstone market, everyone thinks that this is always a category that is steadily rising in price, but in fact it is not, Mozambique rubies are once in this decade** In 12-13 years, ruby is in the first-tier cities of the national meat, and the high-quality unburned pigeon blood red is about 10,000-10,003.

After 16 years, Mozambique ruby experienced a short period of decline, **fell back to 6,000-8,000 carats, and after 18 years, its**returned to the range of 10,000-15,000, and the time came to the end of 19 when the epidemic began, ruby** actually had a period of sideways, in 20-22 years the domestic market began to recover, after the source market was suppressed** Began to soar, at this time in the domestic first-tier cities, 1 carat of rubies to 20,000 to 20,000 5, and especially fine rubies are more than 10,000 **, and Mozambique this ** trend is so strong, the reason is also very simple, in the terminal market it is not only in China, in other markets around the world it is the most popular category, always the king of the highest demand for colored gems deservedly, and in the source market due to large companies and capital, the control and monopoly of resources caused by them can have ** The right to speak. Ruby

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