# Abrasives and Diamonds

Their prices have moved together.

Source page: https://www.materialinsights.org/links/abrasives-and-diamonds/

[Abrasives](https://www.materialinsights.org/commodities/abrasives/) (commodity) and [Diamonds](https://www.materialinsights.org/commodities/diamond/) (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.