Strong demand across all centers with the holiday stocking up finally in full swing with the small exception being the slowdown in the U.S. trade late in the week due to the Thanksgiving holiday.

 

The pressure on prices continues, but traders are reporting that the strong resistance is abating in growing frequency.

 

U.S.

The New York market has been a bit quiet due to the Thanksgiving holiday and long weekend. In rounds, 2 to 3 grainers are still reporting high demands, as are 1.00-2.00 cts. I1-2 goods are still in top demand. Healthy demands are also reported for fancy cuts.  As opposed to rounds moving especially well in KLM colors, fancy cuts below J color are very hard to sell, and can be bought at competitive prices.

 

Movement of 0.10-0.99cts in SI and lower qualities fancy cuts are steadily moving, specifically pears and ovals in all clarities, I+ colors. Marquises are selling better in 0.10-0.40 carats.

 

Rounds

 0.05-0.15 cts, D-J / pique, strong demand

 

 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

 

 1.00-3.00 cts, D-M / pique, selling against shortages

 

 2.00-3.00 cts, D-M / VS+, selling

 

 2.00-4.00 cts D-K / SI+, selling

 

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

 

Fancy Cuts

 All fancy cuts, 0.10-0.99 cts, SI+, Selling

 

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

 

 

Antwerp

The Antwerp diamond market saw traders finding it difficult to sell the goods and buyers placing very high pressure on the prices of polished goods. All this, while prices of rough are rising. Despite this, a good number of buyers from other centers were noted and the demand levels are high.

 

Rounds

   0.005-0.15 cts, F-J / pique, mediocre demand

 

 0.005-0.15 cts, F-J / SI+, selling

 

   1/5, D-J / VS+, mediocre demand

 

 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 with strong pressure on prices

 

   4.00+ cts, F-L / VS+, mediocre demand

 

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+, slow

 

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

 

 

Ramat Gan

A good week at the Ramat Gan diamond exchange with a decent number of overseas buyers and local demands keeping the traders busy. Prices of polished seem to be very high compared to other centers but sellers were able to close deals, of course after a lot of hard work. Traders feel that these are the days that they can make money, just before Christmas.

 

Rounds

 0.005-0.15 cts, D-J / pique, slow

 

 0.005-0.15 cts, D-J / VS+, slow

 

 1/5, G-K / SI+, selling

 

 0.25-0.90 cts, white / pique, selling

 

 0.25-0.90 cts, G-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

 

 4.00-8.00 cts, G-L / VS+, a pickup in demand

 

Fancy Cuts

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

 

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

 

   All fancy cuts, 1.00-2.00 cts, fancy colors, mediocre demand

 

 

Mumbai

The Indian diamond market is showing good movement, with a lot of new orders and action. Overseas buyers were in high numbers although they complained of very high prices for polished goods. On the other hand, Indian traders say that there is a scarcity of goods in all the centers and those that need the goods will ultimately pay up.

 

Rounds

 0.005-0.15 cts, F-J / SI+, selling

 

   1/5, H-J / VS, mediocre demand

 

 1/4-3/8, white / pique, slow

 

 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+, mediocre demand

 

Fancy Cuts

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

 

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, slow

 

 

Far East

A further pick up in the Hong Kong diamond market with a small show that started in the later half of this week bringing a good number of overseas buyers, especially Indian. They are here with orders and a desire to buy but will struggle for better prices.

 

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, selling

 

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

 

 4.00-6.00 cts, H-L / SI+, a pickup in demand

 

 7.00+ cts, H-L / SI+, 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

 

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