Trading Levels Up 12% At Shanghai Diamond Exchange In 2013

The exchange plays a critical role in the country's diamond trading.

There was a 12-percent rise in trading at the Shanghai Diamond Exchange (SDE) in 2013 with a total value of $4.3 billion.

In volume terms, trading rose almost 7 percent the year before to approximately 80 million carats.

The Shanghai bourse was established in October 2000 and is the only diamond exchange in China authorized for the import and export of precious stones.

Membership of the Shanghai Diamond Exchange expanded to 364 at the end of 2013.