Material Insights · Understanding the Material World

Abrasives and Diamonds

Their prices have moved together.

Abrasives (commodity) and Diamonds (commodity): 1 relationship.

How they are linked

1. Price link: industrial use

Cost and price · Moderate · Both ways

Industrial diamonds, now almost all synthetic, are used in grinding, cutting and drilling tools alongside other abrasives. They do not affect gem prices much; the abrasives index shows a monthly correlation of 0.02 and yearly of 0.33.

  • 0.02 monthly change correlation
  • 0.33 12-month change correlation
  • 0.03 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.