On March 19th, 2024, the fourth quarter "Gemports" international colored gemstone trade information conference was successfully held in Beijing. Shi Hongyue, the full-time vice president of the China Jewelry and Gemstone Industry Association (GAC), and Chomphol Phornchindarak, the president of the Thailand Jewelry Industry Association (TGJTA), jointly released the "Gemports" Index (GPI) for the fourth quarter of 2024 "and provided in-depth analysis of global trends in the colored gemstone market. More than 100 representatives from the National Jewelry and Jade Industry Consultative Conference witnessed this industry event together.
“Gemports”: Promote the transparency of Caibao trade and global interconnection
As the world's first comprehensive trading platform focused on the colored gemstone industry, "Gemports" has built a comprehensive trading ecosystem for colored gemstones, including B2B, B2C, and C2C transactions. Gemports is committed to using standardized services and data empowerment as dual drivers, and by building a transparent and efficient Caibao circulation system, effectively improving the circulation efficiency and transaction security of Caibao, and promoting the standardized and sustainable development of the Caibao industry. The main services of the platform include four major sections: "Gemports" information services (such as reports, indices, news and information, etc.), education and training services, membership services, and trade and auction services.
Since its joint launch in 2019 by the China Jewelry and Jade Industry Association (GAC), the National Gem and Jade Inspection Group (NGTC), the Thai Jewelry Industry Association (TGJTA), and the Thai Jewelry Precious Metals Alliance (GJPCT), the "Gemports" platform has undergone 5 years of careful polishing and market validation, and was officially launched globally in 2024. In the future, Gemports will release industry data on a quarterly basis, creating an information hub for the jewelry industry in Asia and even globally, continuously expanding its influence in the global jewelry market.
Gemports Index (GPI): an internationally recognized benchmark for the value of colorful treasures
The "Gemports" Ruby Index (GPI) and "Gemports" Sapphire Index (GPI) released this time are based on 2019, quantifying the supply and demand fluctuations and value trajectory of ruby and sapphire, providing scientific and reliable decision-making basis for global buyers, investors, and consumers. It is reported that the GPI index is not only a practical tool for tracking changes in the value of colored gemstones, but also a key foundation for promoting market transparency and industry mutual trust.
Based on the profound accumulation and resource advantages of China and Thailand in the jewelry industry, "Gemports" is focusing on building an international Caibao value benchmark cooperation mechanism. In the future, it plans to expand to more high-value colored gemstone categories such as emeralds and spinel, create a complete Caibao value evaluation matrix, inject new digital momentum into the global jewelry market, and promote the continuous development of the industry towards standardization and transparency
