|
Diamond trading surges 39% in 1st quarter
(Xinhua)
Updated: 2004-05-01 09:13
Business turnover in diamond trading reported a 39 percent rise year-on-year
to US$80.8 million during the first quarter of this year at the Shanghai Diamond
Trading Center, the bourse for diamond trading in the Chinese mainland.
A continuing rise in diamond wholesale price in international markets shored
up the trading in Shanghai, with the volume registered in March hitting a record
high.
In March, trading of diamond totaled at US$40.7 million, up 91 percent
year-on-year, with diamond imports rising 48 percent to US$12.2 million , and
raw diamond trade soaring 270 percent to US$3.71 million.
Trade raw diamond accounted for 10.45 percent of the total trading volume
during the first quarter of this year, rising many times over the previous year.
|
