# diamonds
Latest news and articles about diamonds
Total: 2 articles found
How Henan's Lab-Grown Diamond Boom Is Shattering Prices and Rewriting an Industry
A surge in lab-grown diamond production centred in Henan has driven global prices down more than 40% since 2022, forcing legacy players like De Beers and branded jewellers to cut prices, run down inventories and rethink strategies. The technological and scale advantages of HPHT production in China have made high-quality synthetic stones widely available and affordable, challenging the economic and symbolic value of natural diamonds.
De Beers’ Price Retreat Signals a New Era for Diamonds — and a Test for Producer Power
De Beers has trimmed diamond prices again as demand weakens, lab-grown stones proliferate and competition intensifies. The cuts, coupled with swelling inventories and producer countries’ interest in buying stakes in the company, signal a structural shift in an industry long governed by supply control and strong branding.