< THURSDAY, JANUARY 27TH, 2011 >
Natalie J. Raps and Edahn Golan

Price resistance is slowly crumbling as demands are growing and shortages are reported.

 

 

U.S.

Reported shortages in the NYC market are helping push up the prices of polished. With rough prices on the rise again, manufacturers are already considering further price increases.

 

Demands are strongest in carat sizes and lower: 0.05-0.75 cts in SI+ clarities and 0.75-0.99 cts in lower qualities.

 

Rounds

 0.05-0.15 cts, D-J / pique, selling

 

 0.05-0.15 cts, D-J / VS+, selling

 

 0.10-0.75 cts, D-J / SI+, selling against shortages

 

 1/5-3/4, D-J / I1-2, strong demand against shortages

 

   1/5-3/4, D-J / VS+, mediocre demand

 

 0.90-1.50 cts, D-J / SI+, selling

 

 1.00-2.00 cts, D-M / pique, selling

 

   1.00-3.00 cts, D-M / VS+, mediocre demand

 

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

 

 4.00+ cts D-J/ pique, selling against continued shortages

 

Fancy Cuts

   All fancy cuts, 0.10-0.99 cts, SI+, mediocre demand

 

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

 

   Marquises, Pears and Ovals, 0.20-1.00 cts, H+ / VS+, mediocre demand

 

 Ovals, 0.20-1.00 cts, H+ / VS+, selling

 

 Ovals and Pears, 1.00+, nice makes, hard to find, selling

 

 

Antwerp

Despite continued pressure to push up prices, demand in the market is solid, with buyers seeking polished and rough. Buyers are however complaining that they are not able to recoup the higher polished prices when moving further down the pipeline.

 

Rounds

 0.005-0.15 cts, F-J / pique, slow

 

 0.005-0.15 cts, F-J / SI+, selling

 

 1/5, D-J / VS+, slow

 

 0.25-0.90 cts, white / pique, selling

 

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

 

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

 

 1.00-3.00 cts, F-J / SI1+, good makes, selling, high pressure on prices

 

 4.00+ cts, G-J / VS+, slow

 

 5.00+ cts, G-J / SI1+, selling

 

Fancy Cuts

 Princesses, Pears and Emeralds, 1.00-5.00 cts, D-K / SI+, selling

 

   Marquises, Radiants, Ovals, and Hearts, 1.00-4.00 cts, G-K / SI+, mediocre demand

 

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

 

 

Mumbai

Continued demand from local and international buyers along with firm prices are keeping traders happy, while at the same time they are expressing concern over very high rough prices. This will require further increases in the price of polished in the future and some traders are already collecting goods in anticipation of that.

 

Rounds

 0.005-0.15 cts, F-J / SI+, selling

 

   1/5, H-J / VS, mediocre demand

 

 1/4-3/8, white / pique, selling

 

 1/4-3/4, D-J / SI+, good makes, selling

 

 1/2-3/4, white / pique, including goods for treatment, selling

 

 0.80-0.90 cts, F-J / VVS, selling

 

 1.00-3.00 cts, D-K / SI to pique, selling

 

 1.00-3.00 cts, H-K / SI1+, good makes, selling

 

 4.00+ cts, H-M / VS+, slow, price sensitive

 

Fancy Cuts

   Emeralds and Stabbes (wide baguettes), 0.25-1.00 cts, D-J / VS+, mediocre demand

 

   Marquises and Hearts, 0.25-3.00 cts, F-J / VS+, mediocre demand

 

 Princesses, Pears and Emeralds, 2.00-5.00 cts, I-L / VS, selling

 

 

Ramat Gan

A good trading week in Ramat Gan was supported by a large number of visiting buyers. The high demand is taking place against wide, which in turn pushes polished prices to what some call unproportional levels. Some traders are starting to hold the opinion that the prices are too high and will scare buyers away to other buying.

 

Rounds

 0.005-0.15 cts, D-J / pique, slow

 

   0.005-0.15 cts, D-J / VS+, mediocre demand

 

 1/5, G-K / SI+, selling

 

 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, selling

 

 1.00-3.00 cts, G-K / SI+, good makes, selling

 

 4.00 cts, across the board, slow

 

 5.00-8.00 cts, G-L / VS+, selling

 

Fancy Cuts

 Princesses, Pears and Emeralds, 1.00-5.00 cts, G-L / SI+, selling

 

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

 

 Marquises, Hearts and Ovals, 1.00-4.00 cts, G-J / SI+, slow

 

   All fancy cuts, 1.00-3.00 cts, fancy colors, mediocre demand

 

 

Far East

A week of high action and movement was at the Hong Kong diamond market as the Chinese New Year is approaching and last minute orders were fulfilled before the market closed for the holiday.

 

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+, slow

 

 0.25-0.90 cts, white / pique, selling

 

 0.25-0.90 cts, H-J / SI+, selling

 

   1.00-5.00 cts, D-J / pique, mediocre demand

 

 1.00-3.00 cts, H-M / VVS-SI, selling, stiff resistance to the prices

 

 4.00 cts, H-L / SI+, slow

 

 5.00-7.00+ cts, H-L / VS+, selling

 

Fancy Cuts

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

 

   Princesses, Pears, Emeralds, Marquises, Ovals and Hearts, 1.00-5.00 cts, H-K / SI+, mediocre demand

 

   Marquises, Ovals and Hearts, 1.00-3.00 cts, H-K / SI+, mediocre demand

 

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