The Hong Kong International Jewellery Show is opening on Friday, and for the next few days the much of industry will focus on it. The hope of many is that a good show will single that the diamond and jewelry industry is heading to a year of higher polished prices and growing consumer demand.

 

 

U.S.

No change in the level of activity of the New York market. Dealers continue to report shortages in smaller goods, which backs the firm prices. Demands are mostly felt for goods below 1.50 carats.

 

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+, selling

 

 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+, selling

 

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

 

 

Antwerp

Stable and consistent demand as traders started shipping goods to Hong Kong ahead of the trade fair. The expectation among traders is that the show is going to be a good one and that they will return to Antwerp with a large number of orders.

 

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

Overseas buyers kept the Mumbai market busy, an activity level that would not have been generated by local business. Many traders are already heading to Hong Kong where some expect prices to be very high.

 

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

 

 5.00+ cts, H-M / VS+, selling

 

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, 2.00-10.00 cts, I-L / VS, selling

 

 

Ramat Gan

The busy trading activity was somewhat replaced with arrangements for the Hong Kong show. However, the general consensus is that demand levels in Israel are much higher than at the other global centers.

 

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+ 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

All eyes are on Hong Kong, with buyers and exhibitors from all around the world are already gathering here. Many buyers are already trying to purchase goods from exhibitors, even before the show opens.

 

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

 

   1.00-10.00 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

 

 5.00-10.00+ cts, H-L / VS+, slow

 

Fancy Cuts

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

 

   Princesses, Pears, Emeralds, Marquises, Ovals and Hearts, 1.00-10.00 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