(IDEX Online) - Weak sentiment, quiet trading, low demand, slow market. We've heard these phrases many, many times before. And it's hard to avoid using them again. Rounds and fancies saw prices dip yet again in June, at least among all goods under 2.00-cts. No immediate signs of an improvement.

Lab growns prices are still plunging. Even if they're almost as low as they can go, they're still impacting the whole diamond industry.

India's polished exports remain in the doldrums, down almost 15 per cent year-on-year in May to $1.47bn. De Beers (loss-making, future uncertain) sold just $315m of rough during its June cycle, the lowest figure of 2024. It blamed ongoing economic growth challenges in China.

Rounds

Price drops dominated yet again among most goods under 2.0-cts. Little activity in goods under 0.50-cts, but from 0.50-cts to 1.99-cts there were decreases among G+ / VS1+ and barely any increases at all. It was a very different picture among 2.0-cts to 5.99-cts, where there were wholesale rises in prices for better colors and clarities, H+ /SI1+

 

Fancies

As with rounds, prices fell among better clarities and colors in goods under 2.0-cts. Price rises dominated in 4.00-cts to 4.99-cts and to a lesser extent in 5.00-cts to 5.99-cts and 2.00-cts to 3.99-cts.

 

 

Rounds

0.18-0.22 ct. E-G / I1-I2 -6.5-8.5%

0.23-0.29 ct. H / IF-VVS1 -3-%

0.30-0.39 ct. N / SI1-3 -7.5-9%

0.40-0.44 ct. N / SI1-2 -6-6.5%

0.45-0.49 ct. H-I / I3 -6%

0.50-0.69 ct. D-E / VVS2-VS2 -2-6%

0.70-0.79 ct. D-H / VS1-SI1 -1-6%

0.80-0.89 ct. D-H / IF-VS1 -1-4.5%

0.90-0.99 ct. D-F / IF-VVS21 -1-4.5% 

1.00-1.24 ct. D-H / IF-VS2 -2-6%

1.25-1.49 ct. D-H / IF-SI1 -1-5.5%

1.50-1.99 ct. G-J / IF-SI1 -1-5%, E-F / VVS2 +1-3%

2.00-2.99 ct. D-H / VVS2-VS2 +1.5-5%, I-J / IF-VS2 -1-3.5%

3.00-3.99 ct. D-H / VVS1-VS1 +1-4.5%, D-G / SI2-I1 -0.5-4%

4.00-4.99 ct. D-I / IF-VS1 +2-4.5%, D-H / SI1-3 -0.5-5%

5.00-5.99 ct. D-H / IF-VS1 +3.5-4.5%, D-F / SI1-I1 -1-4.5%

 

 

Fancy Cuts

0.18-0.22 ct. H / VS2-SI1 -6.5-7.5%

0.23-0.29 ct. J / SI3-I1 +11%

0.30-0.39 ct. F / SI3-I2 +5-8%

0.40-0.44 ct. J-L / SI2-I1 -6.5-12%

0.45-0.49 ct. D-F / IF-VS1 -2-7%

0.50-0.69 ct. D-F / IF-VS1 -2-6.5%

0.70-0.79 ct. D-G / IF-VS2 -1.5-5%

0.80-0.89 ct. D-H / IF-VS2 -1-5.5%

0.90-0.99 ct. F-G / IF-VS1 -1.5-4%

1.00-1.24 ct. D-H / IF- VVS2 -2-7%

1.25-1.49 ct. F-I / IF-SI1 -1.5-7%

1.50-1.99 ct. D-J / IF-VVS1 -0.5-5%

2.00-2.99 ct. D-G / VVS2-VS2 +1-4.5%, I-J / IF-SI3 -1-6%

3.00-3.99 ct. E-H / VVS2-VS2 +1-4.5%

4.00-4.99 ct. D-G / IF-VS1 +2-4.5%

5.00-5.99 ct. E-F / IF-VS2 +1.5-4%, H-N / IF-VVS1 -1-4%