Diamond Futures: Hedging Instrument for Diamond Merchant

India procures most of their diamond requirements either from De Beers, one of the largest producers of Diamond in the World, or some Diamond Mining/producing nations. 20 Large Diamond Companies including Kiran Gems and Rosy Blue have become members to trade on exchange. Most of the small Diamond merchants carry a huge risk in the fluctuations of the Diamond Prices, due to large holdings in stock. If such Traders or merchants can be educated well, they shall be able to hedge their risks in such Diamonds holding easily and shall be able to shine in the business of the shining Glass.