IDEX Online March Polished Market Report for March 2012
April 05, 12The slow start seen in February has improved dramatically in March. All trading centers report rising business activity and firming prices. The large boost comes from retailer demands in the U.S. and solid business at the two imported trade shows that take place in March - Hong Kong and Basel. Each caters to a different geographic market, Asia and
The
Wholesalers who remain cautious are reporting that the market is relatively quiet, however retailers and small traders are active and are reporting that demands are picking up and well under way, especially from the Far East.
Shortages continue to be reported in rounds 0.90 cts-1.50 cts in G-H colors in SI1s, and the smaller 0.30-0.70 cts in SI+ are in good demand. There has also been an emphasis on fancy cuts, with increasing demands for cushion and princess cuts.
Rounds
0.05-0.15 cts, D-J / I, slow
0.05-0.15 cts, D-J / SI+, selling
0.10-0.75 cts, D-J / SI, mediocre demand
1/5-3/4, D-J / pique, mediocre demand
1/5-3/4, D-J / VS+, mediocre demand
0.30-0.70 cts, D-J / SI+, top sellers, shortages reported
0.90-1.50 cts, G-H / VS2-SI2, selling
1.00-2.00 cts, D-M / pique, slow
1.00-2.00 cts, F-J / SI+, selling
1.50-3.00 cts, D-M / VS-SI, selling
2.00-4.00 cts D-K / SI+, selling
4.00+ cts D-J/ pique, selling
Fancy Cuts
All fancy cuts, 0.10-0.99 cts, SI+, mediocre demand
Pears, 0.10-0.40 cts, D-J / I+, selling
Pears and Ovals, 0.20-1.00 cts, H+ / VS+, slow
A pick up in trading in the
Rounds
0.005-0.15 cts, F-J / pique, slow
0.005-0.15 cts, F-J / SI+, selling
1/5, D-J / VS+, selling
0.25-0.90 cts, white / pique, selling
0.25-0.90 cts, F-K / SI+, good makes, selling
1.00-3.00 cts, white / pique, including goods for treatment, mediocre demand
1.00-3.00 cts, F-J / SI1+, good makes, selling
1.00+ cts, Fancy colors, mediocre demand
1.00-5.00 cts, D/ IF, mediocre demand
4.00+ cts, G-J / VS+, slow
4.00+ cts, G-J / SI1+, selling
Fancy Cuts
Princesses, Pears and Emeralds, 1.00+ cts, G-K / SI+, selling
Marquises, Radiants, Ovals, and Hearts, 1.00+ cts, G-K / SI+, mediocre demand
Tapers and Baguettes, 1/10-1/6, D-I / SI+, mediocre demand
Mumbai
The Mumbai diamond market is also seeing an increase in activity and traders are stocking up on polished again. The rise in prices led to a sense among buyers that prices are high, exasperated by the limited availability of many goods.
Rounds
0.005-0.15 cts, F-J / SI+, selling
1/5, H-J / VS, mediocre demand
1/4-3/8, white / pique, selling
1/4-3/4, D-J / SI+, good makes, selling
1/2-3/4, white / pique, including goods for treatment, selling
0.80-1.99 cts, F-M / VVS to SI, mediocre demand
1.00-3.00 cts, D-K / SI to pique, mediocre demand
2.00-3.00 cts, H-K / SI1+, good makes, slow
4.00+ cts, H-M / VS-SI, mediocre demand
4.00+ cts, H-M / VVS, slow
Fancy Cuts
Emeralds and Stabbes (wide baguettes), 0.25-1.00 cts, D-J / VS+, slow
Marquises and Hearts, 0.25-3.00 cts, F-J / VS+, slow
Princesses, Pears and Emeralds, 2.00-10.00 cts, I-L / VS, mediocre demand
Together with the rest of the global diamond markets, business at the diamond exchange in
Rounds
0.005-0.15 cts, D-J / pique, mediocre demand
0.005-0.15 cts, D-J / VS+, slow
1/5, G-K / SI+, mediocre demand
0.25-0.90 cts, white / pique, selling
0.25-0.90 cts, D-K / SI+, good makes, selling
1.00-3.00 cts, white / pique, including goods for treatment, mediocre demand
1.00-3.00 cts, G-K / SI+, good makes, a pickup in demand
1.00-5.00+ cts, D / IF, mediocre demand
4.00 cts, G-L / SI+, slow, price an issue
4.00 cts, G-L / VVS, slow
Fancy Cuts
Princesses, Pears and Emeralds, 1.00-10.00 cts, G-L / SI+, selling
Ovals, Asschers and Hearts, 1.00-5.00 cts, G-J / SI+, mediocre demand
Marquises, Radiants and Cushions, 1.00-10.00 cts, G-J / SI+, slow
All fancy cuts, 1.00-5.00 cts, fancy colors, slow
The slow
Rounds
0.005-0.15 cts, white / SI2 to pique, selling
0.005-0.15 cts, D-J / SI1+, good makes, selling
1/5, G-J / VS+, mediocre demand
0.25-0.90 cts, white / pique, selling
0.25-0.90 cts, H-J / SI+, selling
1.00-10.00 cts, D-J / pique, mediocre demand
1.00-3.00 cts, H-M / VVS-SI, mediocre demand
1.00-5.00 cts, D / IF, slow
4.00 cts, H-L / SI+, slow
5.00-10.00+ cts, H-L / VS-SI, mediocre demand
5.00-10.00+ cts, H-L / VVS, slow
Fancy Cuts
Princesses and Emeralds, 1/10-1/3, H-K / SI+, mediocre demand
Princesses, Pears and Emeralds, 1.00-10.00 cts, H-K / SI+, mediocre demand
Marquises, Ovals and Hearts, 1.00-5.00 cts, H-K / SI+, mediocre demand
Tapers and Baguettes, 1/10-1/2, H-J / VS+, mediocre demand