IDEX Price Report: Further Drops for Rounds and Fancies

(IDEX Online) - Price drops dominated yet again both for rounds and fancies during January, as US tariffs on India and the continuing rise of lab growns took their toll.

Rounds

Among 1.00-cts to 1.24-cts, the price of almost all G+ and VVS2+ goods fell.  0.80-cts to 0.89-cts also saw price drops in most G+ and VVS1+ goods.

There were many more drops in goods 1.25-cts to 5.99-cts, albeit with some clusters of increase in 3.00-cts to 4.99-cts. Very limited activity in goods under 0.79-cts.

Fancies

Price drops more pronounced than among rounds in 2.00-cts to 3.99-cts, but less so in 4.00-cts to 5.99-cts. Overall, still a month of significant decline.

There was a large cluster of price drops among 1.50-cts to 1.99-cts, notably in I+ and SI1+ goods. Little significant activity in fancies under 0.69-cts.

Highlighted changes

Rounds

0.80-0.89 ct. D-E / IF-VS1 -1.5-5.0%

1.00-1.24 ct. D-G / IF-VVS1 -1.0-3.0%

2.00-2.99 ct. G-J / VS1-2 -1.0-3.0%

Fancies

0.70-0.79 ct. D-E / IF-VS -1.5-6.0%

1.25-1.49 ct. D-H / IF-VVS1 -1.0-5.5%

4.00-4.99 ct. K-M / VVS2-VS2 +1.0-2.0%