IDEX Price Report for 1 December: Prices Finally Turning a Corner
December 01, 24
Rounds
There are swathes of green (price increases), the like of which we have not seen for many, many months. They're most notable among 4.00-cts to 5.99-cts goods, but there are also encouraging signs among 1.00-cts to 1.99-cts and, to a lesser extent, 2.00-cts to 2.99-cts. Among smaller goods, there are still price drops, but not on the scale we have seen of late. Many of the price drops were among L-N color 0.18-cts to 0.22-cts. Increases far outweighed decreases among 1.50-cts to 2.99-cts.
Fancies
Fancies fared less well than rounds, but still showed marked signs of recovery. Among goods of almost all sizes (0.18-cts to 5.99-cts) there was either an even mix of price increases and decreases or, as with 1.50-cts to 1.99-cts, the increases dominated.
Highlighted Changes
1.00-1.24 ct. D / IF-VVS1 +2-3%
1.25-1.49 ct. E / VVS2-VS2 +1-3%
4.00-4.99 ct. D-G / IF-VS1 +1.5-4.5%, K-N / IF-VS1 +1-3.5%
5.00-5.99 ct. D-G / IF-VS1 +1-3%, K-N / VVS1-VS1 +1-5.5%
Fancy Cuts
1.00-1.24 ct. D-E / IF +1-2%, F-G / IF -1-1.5%
2.00-2.99 ct. D-F / IF-VVS2 -1-4%, E-G / VS1 +1-3%
5.00-5.99 ct. E-H / SI3-I1 -2-3%, D-G / IF +2-4.5%
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