Tools
News
Gemstone shapes
Chanthaburi . 2016-03-12
Gemstone market news
The Fall of Tourmaline
After a few years of continue increase, tourmaline prices turns back to normal. Tourmaline is a very nice colored stone with a high patrimonial value but not a product of investment scheme.

After a few years of continue increase, tourmaline prices turns back to normal.
Tourmaline is a very nice colored stone with a high patrimonial value but not a product of investment scheme.
Big manufacturers could not cope with the ever rising prices and stopped buying. Chinese buyers were the only ones left to push up. With the slowdown of Chinese growth, the decline in China stock market and the lack of new buyers, prices dropped sharply. All qualities are affected. Even the sky-high blue Paraiba tourmaline had also to face the slow disappearance of the old, very old customers who were looking at their possible healing capacities. Mozambique new mines added a surplus in production in all colors.
Every five years or so, a new source of tourmaline is discovered. The last one was Mozambique mines but the boom of Chinese market absorbed the production. New mines are in survey in Malawi which will add production in the future.

Source : Roger Pingley
puce Back to all news
Archives

View all Gemstones news...

RSS