< THURSDAY, NOVEMBER 3RD, 2011 >
Natalie J. Raps, Vicky Sharma and Edahn Golan

A slow but steady pickup in demand in the global markets was seen this week. This included a certain firm up in prices, yet traders are still voicing concern over the level of trading, saying that for this time of the year, they hoped to see more business.

 

 

U.S.

As buyers keep stocking up on inventories, prices are slowly creeping up. Traders and dealers are optimistic and anticipate an active market with steady demands, coupled with firming prices.

 

Rounds

 0.05-0.15 cts, D-J / I, selling

  

 0.05-0.15 cts, D-J / SI+, selling

 

 0.15-0.75 cts, D-J / SI, selling

 

   1/5-3/4, D-J / pique, mediocre demand

 

 1/5-3/4, D-J / VS+, selling 

 

 0.90-1.50 cts, D-J / SI+, selling

 

 1.00-2.00 cts, D-M / pique, selling

 

 1.00-2.00 cts, F-J / SI+, selling 

 

 1.50-3.00 cts, D-M / VS+, selling 

 

   2.00-4.00 cts D-K / SI+, mediocre demand

 

 4.00+ cts D-J/ pique, selling

 

Fancy Cuts

 All fancy cuts, 0.10-0.99 cts, SI+, slow

 

 Pears, 0.10-0.40 cts, D-J / I+, selling

 

 Pears and Ovals, 0.20-1.00 cts, H+ / VS+, slow

  

 

Antwerp

Still bogged down by absent traders, the Belgium diamond market remained slow. Demand levels are not strong enough to push prices up significantly, leaving traders to wait for a further improvement in demand.

 

Rounds

 0.005-0.15 cts, F-J / pique, slow

 

 0.005-0.15 cts, F-J / SI+, slow

 

   1/5, D-J / VS+, mediocre demand

 

   0.25-0.90 cts, white / pique, mediocre demand

 

 0.25-0.90 cts, F-K / SI+, good makes, slow

 

   1.00-3.00 cts, white / pique, including goods for treatment, mediocre demand

 

 1.00-3.00 cts, F-J / SI1+, good makes, slow

 

   1.00+ cts, Fancy colors, mediocre demand

 

 1.00-5.00 cts, D/ IF, slow

 

 4.00+ cts, G-J / VS+, slow

 

 5.00+ cts, G-J / SI1+, slow

 

Fancy Cuts

 Princesses, Pears and Emeralds, 1.00+ cts, D-K / SI+, slow

 

 Marquises, Radiants, Ovals, and Hearts, 1.00+ cts, G-K / SI+, slow

 

   Tapers and Baguettes, 1/10-1/6, D-I / SI+, mediocre demand

 

 

Mumbai

The Mumbai market is inactive due to the Diwali vacation. Our next report from Mumbai will be on November 10.

 

 

Ramat Gan

A sharp increase in activity is seen at the Israeli Diamond Exchange this week. Traders are starting to buy goods, after finding renewed confidence seeing that prices of polished goods did not drop as sharply as they feared.

 

Rounds

   0.005-0.15 cts, D-J / pique, mediocre demand

 

 0.005-0.15 cts, D-J / VS+, slow 

 

   1/5, G-K / SI+, mediocre demand

 

 0.25-0.90 cts, white / pique, selling

 

 0.25-0.90 cts, D-K / SI+, good makes, selling

 

   1.00-3.00 cts, white / pique, including goods for treatment, mediocre demand

 

 1.00-3.00 cts, G-K / SI+, good makes, a pickup in demand

 

 1.00-5.00+ cts, D / IF, slow

 

 4.00 cts, across the board, slow

 

Fancy Cuts

 Princesses, Pears and Emeralds, 1.00-10.00 cts, G-L / SI+, slow

 

 Radiants, Asschers and Cushions, 1.00-5.00 cts, G-J / SI+, slow 

 

 Marquises, Hearts and Ovals, 1.00-10.00 cts, G-J / SI+, slow

 

 All fancy cuts, 1.00-5.00 cts, fancy colors, slow

 

 

Hong Kong

Orders for Christmas are starting to arrive, but traders are still hesitant. Their concerns are over a possible drop in prices, and therefore they stick to buying against confirmed orders.

 

Rounds

 0.005-0.15 cts, white / SI2 to pique, selling

 

 0.005-0.15 cts, D-J / SI1+, good makes, selling

 

   1/5, G-J / VS+, mediocre demand

 

 0.25-0.90 cts, white / pique, selling

 

 0.25-0.90 cts, H-J / SI+, selling

 

 1.00-10.00 cts, D-J / pique, slow

 

   1.00-3.00 cts, H-M / VVS-SI, mediocre demand

 

 1.00-5.00 cts, D / IF, slow

 

   4.00 cts, H-L / SI+,  mediocre demand

 

 5.00-10.00+ cts, H-L / VS+, slow

 

Fancy Cuts

   Princesses and Emeralds, 1/10-1/3, H-K / SI+, mediocre demand

 

   Princesses, Pears and Emeralds, 1.00-10.00 cts, H-K / SI+, mediocre demand

 

   Marquises, Ovals and Hearts, 1.00-10.00 cts, H-K / SI+, mediocre demand

 

 Tapers and Baguettes, 1/10-1/2, H-J / VS+, slow