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Market NewsIndex ReportsTrading slows, upward price trend continues

Trading slows, upward price trend continues

 

The upward trend which began in April continued last week, although volumes of trades in the market were much lower compared to previous weeks.

Daily Index levels

Level

Daily Change

Monday 22/06

111.7

-1.0%

Tuesday 23/06

114.8

2.7%

Wednesday 24/06

114.5

-0.2%

Thursday 25/06

113.2

-1.2%

Friday 26/06

112.4

-0.7%

Monday 29/06

112.6

0.2%

Weekly Index

The main PolishedPrices index opened 0.8% higher over the week, opening at 112.6 points on Monday. The index is currently 17.4% lower than this time last year, and has fallen 5.7% since the start of the year. However, it is 6.2% above the low reached in April.

Better quality 0.5 carat diamonds recorded the largest gains, with Fine quality gaining 1.8% and Commercial rising 2.1% over the week.

The worst performer amongst the benchmark categories was the Mixed 1.0 carat range, which fell 3.8%.

Benchmark groupings PolishedPrices Index.

   

Current Levels

 

2009 Low

2009 High

 
   

Index

Jan 04

=100

Change from week ago

Change from

year ago

Index

Date

W/E

Index

Date

W/E

Year to date change

 

Overall

112.6

0.8%

-17.4%

106.0

19-Apr

123.3

11-Jan

-5.7%

                   

1 ct

Fine

117.8

-0.1%

-22.7%

98.8

12-Feb

128.4

03-Feb

5.2%

 

Commercial

109.7

1.8%

-20.4%

95.9

21-Apr

128.5

11-Jan

-8.3%

 

Mixed

148.2

-3.8%

-13.9%

122.8

30-Apr

165.5

07-Jan

0.6%

                   

0.5 ct

Fine

110.3

1.8%

-18.1%

102.1

12-Apr

127.6

22-Jun

-4.3%

 

Commercial

101.6

2.1%

-17.4%

91.0

31-May

113.6

16-Feb

-4.0%

 

Mixed

89.7

-0.9%

-15.5%

86.4

14-May

98.2

05-Jan

-8.7%

                   

0.3 ct

Fine

111.3

-1.2%

-19.6%

108.0

08-Jan

132.7

08-Mar

-6.8%

 

Commercial

111.5

1.0%

-18.4%

106.7

30-Apr

123.2

12-Jan

-6.0%

 

Mixed

103.0

-0.4%

-8.8%

100.4

03-May

109.2

16-Mar

-2.0%

The definitions of our groupings are:

Fine: goods better than I colour and VS2 and above.

Commercial: K SI3 and above, excluding the Fine category, and

Mixed: the rest down to M I3.

The weightings used in the calculation of these indices are chosen to reflect world production. Please contact us if you would like to see details of the weightings used, or would like to see the information grouped differently.

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