The IDEX Online Polished Price Report for May 31, 2012
May 31, 12
(IDEX Online News) – Prices of polished diamonds have inched up this week, mainly the result of last minute pre-JCK show demand. Traditionally, prices increase against strong demand in this time of year. This year, however, the increase in price is hesitant and overall fairly modest in scale.
While the prices of rounds changed mainly for 3-carat goods, prices of fancy cuts were more mobile, especially in the VS+ clarity range, according to the IDEX Online Polished Diamond Price Report.
Rounds
- Prices of 0.50-0.69 cts F / I2 gained 3.2% compared to last week, rising to $1,600 p/c
- Demand for 0.70-0.79 cts L / I2 goods continued for a second week, gaining 5.0% and are now $1,050 p/c on the IDEX Online Polished Diamond Price Report
- 0.90-0.99 cts JK / I1 items are also continuing their upwards climb, up 4.2% (J) and 4.8% (K)
- 1.00-1.24 cts E / VVS1 lost 2.8%, listing at $1,760 p/c
- After last week's reversal in the price trend of the 2.00-2.99 cts JKL / Pique items, this week K / I1 goods increased by 2.9% to $3,600 p/c
- 3 cts are down about 3% in the H / VVS2, I / SI1 and L / SI1 items. K / I1 goods lost 3.5% and are now listed at $5,500 p/c
- 4.00-4.99 cts K /I1 softened by 1.8% to $5,600 p/c
Fancy Cuts
- The price of 0.23-0.29 cts F / VS1 declined 3.1% to $1,550 p/c
- 0.30-0.39 cts F / VS1 lost 2.4%, listing at $1,650 p/c this week
- Top quality 0.40-0.44 cts D / IF goods declined 2.8% to $3,500 p/c
- 0.45-0.49 cts H / VS2 items are down 3.1 percent to $1,550 p/c
- Many price increases of 2.4%-4.0% for 0.70-0.79 cts VVS1 items
- 0.80-0.89 cts items, mainly in the higher DEF / IF-VVS1 range, are down by 1%-3.3%
- Conversely, E / VS1, G / VVS2 and I / SI1 fancy cuts are up 2%-3%
- 0.90-0.99 cts H color goods are up by about 3.7% in the SI3-I1 range
- In One carats, H / VS2-SI1, prices are up >2% as demand for Princess cuts is increasing. K / VVS2 gained 3.0% and is listed at $3,400 p/c
- 2 cts, EF / SI1+ are doing well, with prices up nearly 3%. This is true for IJ / IF-VVS1 goods as well.
- Lower color and clarity 4 cts gained 5%
- 5.00-5.99 cts D-G / VS1 fancy cuts took a sudden turn downwards, falling by about 3% and making them an attractive opportunity for buyers.
To receive a full free copy of the IDEX Online Diamond Price Report, please email us at prices@idexonline.com.
