Financial experts like to say that the crisis is in fact a new opportunity. The current global economic downturn is not an exception. It turns out that he opens the prospect for the diamond sector in terms of revising some of the most controversial methods of doing business in it? Can such a change create a more solid foundation for this business in the future for this business? These questions were asked by Antwerp Facets portal in the analysis devoted to the practice of transferring goods for sale in diamonds trading.

Over the past 15 years or so, the practice of doing business in the diamond sector has undergone significant changes. Diamonds have always been sold mainly for money, and payment of bills was made regularly, usually at the end of the working week. Precious stones literally cost money, as the seller received this money immediately. Nevertheless, despite the fact that producers of rough diamonds continue to sell diamonds, they receive money immediately, at the diamond end of this business in kings there is a loan.

Transformation of trade in diamonds into a business experiencing a shortage of money is not explained solely by one single reason. Its role in this definitely played the policy of the largest producers of rough diamonds. Strict control over the circle of customers contributed to the creation of an industry dependent on supplies, which led to the fact that often the prices of rough diamonds grew faster than the prices for diamonds. The requirement for diamond manufacturers to participate in marketing initiatives of raw material processors often resulted in overhead costs that were higher than planned.

What was a relatively simple business, has turned into a much more complex kind of activity. Manufacturers of diamonds began to offer retailers more and more long-term loans, to transfer goods for sale, and even with the right to return. Dealers working with diamonds gave their goods to retailers, in effect telling them that they can pay for them when they have money.

http://rough-polished.com/ru/analytics/29973.html