Guangzhou Debuts Mine Diamond Tender
Recently Guangzhou Diamond Exchange held a Rough Diamond Tender in Panyu, Guangzhou, using international adopted trading mode as of Dubai and Antwerp. More than 230K cts, about 46 kg of rough diamond mined from Africa has been on tender, attracting around 200 industry experts from nearly 50 companies. It turns out that all parcels have been successfully transacted, reaching a close rate of 100%, a transaction amount of near 6 million USD and import & export value of around 11 million USD.
The tender has marked itself as first time achievements for domestic industry in 4 aspects: The first international diamond tender taking advantage of the innovative policies of China Pilot Free Trade Zone; The first large scale run of mine tender covering all types and sizes of rough mined from the origin.
The first synchronized global tender based on internet; The first time to realize China’s right to speak in international rough diamond pricing system. To sum up, the tender brought about an international diamond trading fair to buy and sell globally for domestic and oversea companies, marking Guangzhou's accession to the world's diamond resource allocation cites.
The tender carried out a new concept of development and a creative trading mode, attracting global diamond dealers to participate in the bidding of first hand run of mine from international mining country. The supplier, Société Anhui-Congo d’Investissement Minier, is a joint venture of Chinese enterprise and the government of the Democratic Republic of the Congo.
The strategy of Going Out in developing mineral resources overseas has facilitated the African origin rough diamond transacted through China’s trading platform in Free Trade Zone, and then distributed all over the world. China’s active participation in globalization and diamond resource allocation power has been significantly improved.
