IDEX Price Report for 1 November: Some Signs of Round and Fancy Prices Stabilizing

(IDEX Online) - The trend for polished goods in October remains downwards, as it has for many, many months, but the red clusters of price drops among rounds and fancies are fewer, and less pronounced. There seems to be some sense of optimism, as lower production in India limits supply, prices show signs of stabilizing and sentiment improves.

Rounds

Price drops again dominated, although there were notable increases among 2.00-cts to 4.99-cts. There was negligible activity among 0.23-cts to 0.49-cts.    Among 0.50-cts to 1.99-cts there were clusters of price drops, in D-F and IF-VS1 and beyond. The biggest price drops were among 1.50-cts to 1.99-cts and 5.00-cts to 5.99-cts.  

Fancies

There was less activity overall among fancies. Price drops still outweighed rises, but only just. Decreases were most dominant among 1.00-cts to 1.49-cts. There was very little movement among 0.40-cts to 0.69-cts.

Highlighted changes

Rounds

1.00-1.24 ct. D-E / VVS1-VS2 -1.5.5%

1.50-1.99 ct. D-I / VVS1-2 -1-3.5%

5.00-5.99 ct. K-M / VS1-SI3 -1-5.5%

Fancy Cuts

1.00-1.24 ct. D-F / VVS1-VS2 -1-4%

1.25-1.49 ct. D-H / IF-VVS1 -0.5-4%

2.00-2.99 ct. D / VVS1-SI1 -1.5-3.5%, G / VS1-SI1 +1-5.5%

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