The IDEX Online Polished Price Report for July 12, 2012

(IDEX Online News) – After a couple of quiet weeks, the wholesale diamond market is decreasing prices. Round goods lost about 3% of their price in many categories, according to the IDEX Online Polished Diamond Price Report, which reflects changes in traders' asking prices. 

Among fancy cuts, some items continued to do well, especially off-sizes. However, even with the latest improvement in demand for Princess and Cushion cuts, some price declines took place here too.

Following are some of the price changes:

Rounds

• Prices of 0.18-0.22 cts G / IF up  another 2.5% to $2,050 p/c
• 0.40-0.44 F / SI1 lost 2.5%, down to $1,950 p/c
• 0.45-0.49 cts EF / IF, D / VVS2 and K / VVS2-VS1 declined this weak
• 0.50-0.69, H-M / VVS1-I1 many price declines of 2.0%-3.2%
• 0.70-0.79 cts IJK / VS2 down 2.0%-3.3%, some declines in SI3-I2 goods in FGH colors
• 0.80-0.89 cts, declines across the board, mainly in lower color and clarity  items
• Another increase for 0.90-0.99 cts K / I1 items up another 4.8% to $2,200 p/c
• 1.00-1.24 cts E / VS1, F / SI1 and K / SI3 items lost 2.5%-2.7%
• A few small declines in 1.25-1.49 cts goods
• 2.00-2.99 cts E  / SI1, F / VS2 are also losing ground, -2.1% and 3.0%, respectively
• 3 cts G / IF-VVS1 down 3%
• 4 cts HI / I1 goods up again, this week by 1.3% to $7,800 p/c. N / SI1 lost 3.7% listing at $5,200 p/c

Fancy Cuts

• 0.18-0.22 cts J / IF gained4.8%, listing at $1,100 p/c
• 0.23-0.29 cts D / IF lost 2.3% to $2,100 p/c
• F / VVS2 0.40-0.44 cts up 2.4% to $2,120 p/c, and I / VS2 lost 3.7%, listing this week at $1,300 p/c
• 0.45-0.49 cts are declining again, this week the declines are among the F-G items
• 0.50-0.69 cts E-F / SI2 gain 2.6%
• Another week of strong demand for top quality 0.70-0.79 cts. E / IF-VVS2 up 3%, I / SI1 up by another 2.0%, J / VVS2 up by 2.4%
• 0.80-0.89 cts E / VVS2 goods are hot, up 2.9% to $5,350 p/c. G / SI2 in continued increasing demand, up 2.0% to $2,650 p/c
• 0.90-0.99 cts goods H / VS2 up 2.7% to $3,800 p/c
• MN / VVS1 1.25-1.49 gaining 3.5% and 3.9%, respectively. J-M / VS2 reverse their course, gaining 2.5% and 4.8%
• 2 cts F / VS2, H / VVS1 and H / SI1 moving up by about 3%
• 4 cts E / IF in another week of declines, losing 2.8% to $58,600 p/c, an opportunity for buyers. F / SI2  softened by a percent, to $10,600 p/c
• 5 cts H / VVS2 lost 2.2% this week, listing at $30,600 p/c. L / SI1 items also declined, down 3.0% to $6,400 p/c.

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