{"id":8682,"date":"2021-05-17T10:52:47","date_gmt":"2021-05-17T05:22:47","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=8682"},"modified":"2021-06-09T10:43:43","modified_gmt":"2021-06-09T05:13:43","slug":"market-commentary-chinese-demand-for-sri-lankan-sapphires-strong-despite-pandemic","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/market-commentary-chinese-demand-for-sri-lankan-sapphires-strong-despite-pandemic\/","title":{"rendered":"Chinese Demand for Sri Lankan Sapphires Strong Despite Pandemic"},"content":{"rendered":"\n

Chinese demand for Sri Lankan sapphires, notably blue and Padparadscha sapphires, has been strong despite the pandemic, Armil Sammoon, a well-known Sri Lankan gemstone dealer and Sri Lanka ambassador for digital trading platform Gembridge, said.<\/p>\n\n\n\n

He also noted brisk Chinese demand lately for rubies, tsavorites and spinels, many of which arrive in Sri Lanka as rough stones from Africa for processing.<\/p>\n\n\n\n

\u201cThere were delays in the early part of the lockdown, but from around late June\/July 2020 shipments of goods picked up again as China recovered quickly,\u201d Armil said.<\/p>\n\n\n\n

\"\"<\/a>
Armil Sammoon<\/figcaption><\/figure><\/div>\n\n\n\n

Armil Sammoon<\/strong><\/em><\/p>\n\n\n\n

Some Chinese gem dealers were forced to remain in Sri Lanka for months due to pandemic regulations, and had facilitated more trade to China, he added.<\/p>\n\n\n\n

Armil achieved a strong sale of seven sapphires, in a variety of colours, via Gembridge\u2019s platform to a Hong Kong customer which sells fine gemstone jewellery in mainland China.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

\u201cGembridge is going to be a vital channel to boost digital gemstone trade from Sri Lanka to China and Hong Kong in the coming months,\u201d Armil said.<\/p>\n\n\n\n

\u201cSome local dealers are still not very digitally savvy, but this will change with time, as the younger generations become more involved in the gemstone business. This is a positive signal for Gembridge.\u201d<\/p>\n\n\n\n

Chen Shen, Gembridge\u2019s China ambassador who helped to popularize sales of pink sapphires on a TV shopping channel in China, said that blue, pink and Padparadscha sapphires are much sought-after in the Chinese market.<\/p>\n\n\n\n

\u201cThe Chinese love for blue sapphire is heavily influenced by Princess Diana\u2019s blue sapphire ring,\u201d Chen said. \u201cThe princess\u2019s ring design is the most common blue sapphire ring design in China.\u201d<\/p>\n\n\n\n

Attention surrounding Princess Eugenie\u2019s pinkish-orange Padparadscha sapphire engagement ring has contributed to the popularity of Padparadscha sapphires in China.<\/p>\n\n\n\n

\u201cWe certainly see more dealers promoting and selling Padparadscha,\u201d Chen said.<\/p>\n\n\n\n

Purple sapphires have a moderate uptake in China, but yellow sapphires have struggled, Chen added, noting strong competition from yellow diamonds<\/a>.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

Gembridge provides an end-to-end solution for coloured gemstone trading, including insurance and door-to-door delivery.<\/p>\n\n\n\n

The platform\u2019s global network of senior industry ambassadors, including Armil and Chen, has deepened the marketplace and added extensive listings of coloured gemstones<\/a>.<\/p>\n\n\n\n

Trade fairs<\/a> such as the duty-free Shenzhen show late last year will also continue to be key conduits for gemstone trade and will flourish alongside digital platforms, Armil said.<\/p>\n\n\n\n

https:\/\/jewelleryoutlook.com\/market-commentary-chinese-demand-for-sri-lankan-sapphires-strong-despite-pandemic\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese demand for Sri Lankan sapphires, notably blue and Padparadscha sapphires, has been strong despite the pandemic, Armil Sammoon, a well-known Sri Lankan gemstone dealer and Sri Lanka ambassador for digital trading platform Gembridge, said. He also noted brisk Chinese demand lately for rubies, tsavorites and spinels, many of which arrive in Sri Lanka as…<\/p>\n","protected":false},"author":1,"featured_media":8684,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95,100,106,79],"tags":[],"thb-sponsors":[],"class_list":["post-8682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coloured-gemstones","category-in-focus","category-manufacturing","category-viewpoint"],"acf":[],"yoast_head":"\nChinese Demand for Sri Lankan Sapphires Strong Despite Pandemic - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/market-commentary-chinese-demand-for-sri-lankan-sapphires-strong-despite-pandemic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese Demand for Sri Lankan Sapphires Strong Despite Pandemic - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"Chinese demand for Sri Lankan sapphires, notably blue and Padparadscha sapphires, has been strong despite the pandemic, Armil Sammoon, a well-known Sri Lankan gemstone dealer and Sri Lanka ambassador for digital trading platform Gembridge, said. 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