The IDEX Online Polished Price Report for June 14, 2012

(IDEX Online News) – Demand for fancy cut goods continues to heat up. Although demand for some items cooled down, overall prices increased in many areas of the heels of the JCK Las Vegas show, according to the IDEX Online Polished Diamond Price Report.

Demand is limited for round goods, with a number of exceptions. Most price changes are in the pique goods. Smaller round goods are in rising demand.

Following are many of the price changes:

Rounds

• Prices of 0.18-0.22 cts IJ / VS2 gained 4.2% (I) and 5.3% (J) compared to last week, rising to $1,250 and $1,000 p/c respectively
• A quiet week for 0.23-0.29 ct goods. E / VS1 losing 2.4% to $2,050 p/c, H / VS1 lost another 2.9% to $1,700 p/c
• 0.70-0.79 ct I / I1 lost 2.2% and is now listed at $2,250 p/c. M / I1 gained 3.6%, listing at $1,450 p/c
• 0.90-0.99 cts JK / I1 items keep losing their luster and are now down 4.2% (J) and 4.8% (K).
• 1.00-1.24 cts unchanged
• 1.25-1.49 ct L / VS2 goods are down 2.2% to $4,500
• 1.50-1.99 cts E / IF are down 2.7% to $25,500 but K / I1 are up 2.9% to $3,500
• Lower price 2.00-2.99 cts are improving and JK / I1 items are up 2.2%-2.9%
• 3 cts K / I1 goods keep sliding, mainly the mid color SI1 and I1 items
• 4 cts H-K /I1 softened by 1.3% (H), 2.9% (I) and 3.6% (K). N / I3 lost 3.6% of its price, now listing at $1,800 p/c.

Fancy Cuts

• The price of 0.18-0.22 cts D / VVS2-VS1 declined 3%
• 0.40-0.44 cts D / SI1 up 2.9% to $1,750 p/c, F / I1 goods gained 5%, listing at $1,050 and G / VVS2 strengthened to $1,950 p/c, +2.6%
• 0.40-0.44 cts L / VVS2, and M / VVS2-VS1 declined by more than 5%
• 0.45-0.49 cts I-N / IF-S1 items are down 3.1%-5.6%
• 0.50-0.69 cts G / VVS1 +3.7%, I / VVS1 +2.2% and I / VS1 goods in are in increasing demand, gaining 2.5%
• Continued strong demand for top quality 0.70-0.79 cts. DEF / VVS1-VS1 items, leading to price increases of 1.6%-3.5%.
• Top quality 0.80-0.89 cts items, mainly in the higher EF / VVS1-VS1 range, are in increasing demand, up 2.7%-3.5%. I / SI1 gained another 4.0% to $2,600 p/c
• In One carats, mid color H-K in the high to mid clarities of IF-SI1, prices are up 3%-4% as demand for Princess cuts keeps increasing. K / VS1-SI1 gained another ~3.5%
• 2 cts, F-J / VVS1-SI2 are doing well, with prices up 2.6%-3.4%
• The sole area where prices of fancy cuts are declining is among lower clarity 4 cts. E / SI2-3, F / SI3-I2, G / SI3-I2 and H / I2 lost 1.4%-3.9%, an opportunity for buyers.

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