(IDEX Online) - There were significant losses among rounds, as the war in Ukraine enters its seventh month. A more mixed picture among fancies. Indian manufacturers are still filling the supply gaps, especially small goods, by switching to lab growns. However Alrosa is reportedly selling $250m of rough a month despite sanctions, circumventing dollar restrictions by accepting rupee payments. Alrosa declined to comment on the report and has not published sales figures since the war began.

 

Rounds

Prices drops dominate in almost all sizes over 0.50-cts, with the notable exception of "investor stones" - 5.00-cts to 5.99-cts. The biggest casualties were 1.50-cts to 2.99-cts, which saw prices down among virtually all colors and clarities. A more mixed picture among 3.00-cts to 3.99-cts. Little activity among goods under 0.50-cts, with some downwards movement. There were price increases among almost all colors and clarities in 5.00-cts to 5.99-cts. There was also some upward movement in 0.50-cts to 0.79-cts goods, among high-end colors (DEF) and clarities (IF-VVS) possibly as an investment trend.

Fancies

 

There was significantly less activity overall among fancies, and a far more balanced mix of price rises and falls. Decreases dominated in 0.70-cts to 0.79-cts and, to a lesser extent 0.80-cts to 0.89-cts. There were many increases among G+ in 1.00-cts to 1.25-cts, and some among 0.30-cts-0.39-cts.

 

KEY CHANGES 

Rounds

0.18-0.22 ct. G-I / SI2 -5-6%

0.23-0.29 ct. D / S1-I1 +3.5-5.5%, N / IF-I1 -11-20%

0.30-0.39 ct. D-G / VS2 -3%, L-N / VVS1-VS1 -4.5-5.5%, D-F / VS1 +2.5% 

0.40-0.44 ct. F-N / VVS1-SI1 -3-3.5%, F-K / SI1 -2.5-4%

0.45-0.49 ct. F-G / IF-VVS1 -1-6%, D-F / VS1 -2-3%

0.50-0.69 ct. D-I / VVS2-SI1 -1-4.5%, D-F / IF-VVS1 +1-3% 

0.70-0.79 ct. D-I / VS1-SI3 -1-7%, D / IF-VVS2 +1-3%

0.80-0.89 ct. D-I / VS1-SI3 -1-6.5%, E-F / IF-VVS2 +2-4.5%

0.90-0.99 ct. D-H / IF-VS2 -1-5.5%

1.00-1.24 ct. D-I / VVS1-SI1 -1-4%

1.25-1.49 ct. D-F / VVS1-SI1 -0.5-3%

1.50-1.99 ct. D-J / IF-SI3 -1-4%

2.00-2.99 ct. D-L / IF-SI3 -0.5-6%

3.00-3.99 ct. H-I / IF-VVS2 -1-3%, L-N / IF-VS1 +1-8%

4.00-4.99 ct. D-G / VVS2-VS2 -1-4%, H-I / IF-VS1 +2-3.5%

5.00-5.99 ct. D-G / VVS2-VS2 +0.5-4.5%, K-M / IF-SI3 +1-4%

 

 

Fancy Cuts

 

0.18-0.22 ct. E-G / IF +3.5-5%

0.23-0.29 ct. H / IF +3%

0.30-0.39 ct. K-L / IF-VS1 +4.5-16.5%

0.40-0.44 ct. D-F / IF -1.5-7%

0.45-0.49 ct. D-F / IF -1.5-5%

0.50-0.69 ct. D-E / VVS2 -1.5%, K-N / IF -3-4%

0.70-0.79 ct. D-I / IF-SI1 -1-4.5%

0.80-0.89 ct. D-E / IF-SI1 -1-3.5%, H-I / VS2-SI1 -1.5-3.5%

0.90-0.99 ct. D-E / IF +2-4%

1.00-1.24 ct. D-G / VVS2-SI1 +1-5.5%

1.25-1.49 ct. D / IF-VVS2 +0.5-3.5%, H-J / IF -1.5-5%

1.50-1.99 ct. J-K/ IF-VS2 -1.5-4.5%, D-H / VS1 +0.5-3%

2.00-2.99 ct. E-F / IF-VVS1 +2-3.5%, J-L / IF-VVS1 -1-4.5%

3.00-3.99 ct. J / IF-SI1 +1.5-3.5%, E-H / IF -1-4%

4.00-4.99 ct. L-M / VVS1-SI1 +1.5-3%, G-H / VVS1 -1%

5.00-5.99 ct. D-H / VVS1-2 +0.5-4.5%, E-G / SI1-2 -1-2%