IDEX Price Report for 1 December: Rounds Down Yet Again, Some Rises Among Fancies

(IDEX Online) - Rounds fell yet again during November as the recession showed no sign of easing. Consumers turned to cheaper goods, pushing up some fancy prices.  

Rounds

The decline that began in March continued, with price drops dominating almost every size category shown in 0.40-cts to 1.00-ct goods. There were very few price rises of any sort in goods below 1.25-cts. There was a more even mix among 1.25-cts to 4.99-cts, with prices falling among better colors and clarities (J+/VS2+ approx) and rising among lower quality goods (K/SI2 and lower). Prices drops dominated among 5.00-cts to 5.99-cts, especially below L and VS1. Very little movement among goods under 0.40-cts.

Fancies

There were many price rises among fancies, but less movement overall than among rounds and fewer distinct trends.  Price rises dominated in 1.25-cts to 1.49-cts. Larger sizes of 1.50-cts to 4.99-cts saw a more or less even mix of increases and decreases, with decreases, as in rounds, noted in the better goods of H+/VS2+, and more rises for SI/I and lower quality goods. There was a block of price drops among 0.18-cts to 0.22-cts, relatively little movement in goods 0.23-cts to 0.44-cts, and almost across-the-board increases for 5.00-cts.

KEY CHANGES 

Rounds

0.18-0.22 ct. E / VS2 +3.5%

0.23-0.29 ct. N / IF-!2 -6-14%

0.30-0.39 ct. G / VVS2-VS1 -3% 

0.40-0.44 ct. I-J / IF-VS1 -2.5-6.5%

0.45-0.49 ct. G-H / IF-VS1 -2-4%, D-E / VVS2-VS1 -1.5-3.5%

0.50-0.69 ct. D-I / VVS2-SI2 -1.5-6%

0.70-0.79 ct. G-J / IF-VS2 -2-3.5%

0.80-0.89 ct. F-J / IF-SI2 -0.5-4.5%

0.90-0.99 ct. E-H / IF-VS2 -1-5.5%, L / IF-VVS2 +6.5-7%

1.00-1.24 ct. D-H / VS1-SI1 -2-5-5%

1.25-1.49 ct. G-J / VVS2-VS1 +1-2.5%

1.50-1.99 ct. D-F / IF-VVS1 -1.5-3%, I-J / VVS1-SI1 +2-5%

2.00-2.99 ct. D-G / VVS2-VS2 -0.5-4%, H-I / SI1-SI3 +1-3.5%

3.00-3.99 ct. E-G / VVS1-SI1 -1-4.5%, I-J / VVS2-SI2 -0.5-2.5%, M-N / IF-VVS2 +1-3% 

4.00-4.99 ct. D-F / IF-VS2 -1-4%, D-F / SI1-I1 +1-4.5%

5.00-5.99 ct. L-N / IF-SI1 -0.5-5.5%, D-G / SI2-I2 +0.5-4% 

Fancy Cuts

0.18-0.22 ct. G-I / VVS1-VS2 -5-7%

0.23-0.29 ct. I-J / VS1 +5-6.5%

0.30-0.39 ct. G-H / I1-I2 +7-22%

0.40-0.44 ct. E-G / IF -2-4%

0.45-0.49 ct. D-F / IF +3-5%, M / VVS1-SI1 -4.5-5.5%

0.50-0.69 ct. F-G / IF +1.5-4%

0.70-0.79 ct. E-G / VS2-SI3 -1.5-4%, D-F / VVS2-VS1 +1-4%

0.80-0.89 ct. D-H / VVS2-VS12 +1-4%, D-I / SI1 -1-3.5%

0.90-0.99 ct. D-F / VVS1-VVS2 +3-5.5%

1.00-1.24 ct. G-I / IF-VS2 +1-6.5%, D-H / SI1 -1.5-3.5%

1.25-1.49 ct. E-J / IF-VVS1 +2-6.5%, D-H / SI1 +1.5-3.5%

1.50-1.99 ct. D-G / IF-VVS1 +1-5%, D-G / VVS2-VS1 -0.5-3.5%

2.00-2.99 ct. E-G / VVS2-VS2 -2.5-4.5%, H-I / VVS1-SI1 +1.5-4.5%

3.00-3.99 ct. E-G / VVS2-VS1 -3.5-4.5%, D-G / SI3-I1 +1.5-6%

4.00-4.99 ct. E-L / SI3 +2-6.5%, E / IF-VVS1 -1-2%

5.00-5.99 ct. I-L / IF-VVS1 +1-2.5%, D-F / IF +1-3%