Diamonds and Energy-intensive industry

Their prices have moved together.

Diamonds (commodity) and Energy-intensive industry (energy): 1 relationship.

How they are linked

1. Price link: lab-grown cost

Cost and price · Moderate · Both ways

Growing diamonds by vapour deposition or high-pressure presses takes a lot of electricity, so cheap power in India and China helps lab-grown stones undercut mined ones. The US power index correlates at 0.10 monthly and 0.37 yearly with the diamond index.

• 0.10 monthly change correlation
• 0.37 12-month change correlation
• 0.02 fitted elasticity

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