Huanghe whirlwind: the price of diamond continues to keep rising
Post Date: 19 May 2011 Viewed: 463
One of the leading diamond companies in china:
Brokers give enough listed space for Huanghe whirlwind. Brokers didn’t make a research while the shares of friends in fortune forum winners first dug it out but now they say: based on the product prices and sales may exceed expectations, we will continue to measure the possibility of profit rises. The latter profit forecast must be upward and recently the competitor, mid-south diamond, raises the most radial price. Some of the products have reached 10% or 20%. Considering the average price of Hauanghe whirlwind is always the highest in industry, Haunghe whirlwind may take the control of the price though he doesn’t raise a price.
First, synthetic diamond can be mainly used in two types of end-products and intermediate products. At present, the end products such as disc saw, grinding stone, drill, having mainly been applied to the cutting of stone material, now is used in new areas such as ceramic abrasives and medical tools. The demand for intermediate products is great identically because the polycrystalline composite material, P C D, has taken the place of hard alloy.
Second, because of the high cost the abroad capability of diamond, diamond end-products and intermediate products increasingly reduced, so it is impossible to compete with Chinese companies and the companies from abroad will have to choose to produce the high-end products therefore the effective demand from native companies will be more booming!