What is a key characteristic of the London Diamond Syndicate?

The London Diamond Syndicate is known for its role in coordinating sales from major diamond producers. This organization operates as a collective that facilitates the distribution and pricing of diamonds, ensuring that producers can communicate and share market intelligence effectively. This coordination helps maintain a stable market and influences the overall pricing structure of diamonds worldwide. By pooling resources and information, members can better manage their sales strategies and navigate the complexities of the diamond market.

The focus on production and sales coordination distinguishes the syndicate from other options that emphasize different aspects of the diamond industry, such as ethical mining practices, advocacy for certification, or fashion promotion. These other aspects, while important, do not pertain to the primary function and fundamental characteristic of the London Diamond Syndicate.