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Market NewsIndex ReportsPrices drift downwards throughout week

Prices drift downwards throughout week

Polished prices drifted downwards throughout last week, recording losses across nearly all ranges.

Daily Index levels

Level

Daily Change

Monday 20/02

117.9

0.9%

Tuesday  21/02

117.7

-0.1%

Wednesday 22/02

117.5

-0.2%

Thursday 23/02

117.4

-0.1%

Friday 24/02

117.6

0.1%

Monday 27/02

117.1

-0.4%

Weekly Index

The main polishedprices index opened down 0.7% compared to the previous Monday and down 0.2% for the year to date at 117.1 points. The overall index is 4.3% lower than this time last year.

Of the benchmark categories, only the Mixed 1.0 carat range was in positive territory, adding 0.4% over the previous week.

The largest loss came in the Fine 1.0 carat range, which fell 3.1% over the week, while Commercial 0.5 carat also did badly slipping 2.3%.

Benchmark groupings PolishedPrices Index

   

Current Levels

   

2017 Low

 

2017 High

   
   

 Index Jan 04=100

Change from week ago

Change from year ago

Index

Date

Index

Date

 Year to date change

 

Overall

117.1

-0.7%

-4.3%

116.4

12-Jan

118.7

03-Jan

-0.2%

                   

1 crt/4gr

Fine

110.9

-3.1%

-9.0%

109.4

12-Jan

116.5

15-Feb

2.6%

 

Commercial

112.7

-0.3%

0.3%

107.0

17-Jan

113.9

01-Feb

2.5%

 

Mixed

94.7

0.4%

-8.2%

94.0

23-Jan

95.3

20-Jan

-0.0%

                   

0.5 crts / 50 pts

Fine

104.9

-1.9%

-6.4%

101.8

16-Feb

109.4

16-Jan

-0.2%

 

Commercial

101.7

-2.3%

-10.2%

99.5

02-Feb

107.0

03-Jan

-1.1%

 

Mixed

98.8

-0.6%

-4.4%

98.4

23-Jan

100.0

24-Feb

0.3%

                   

0.3 ctrs/ 30 pts

Fine

99.1

-1.6%

-3.3%

97.1

17-Feb

103.8

06-Feb

0.2%

 

Commercial

108.6

-0.6%

-5.5%

105.6

12-Jan

109.7

06-Jan

0.7%

 

Mixed

119.9

-0.1%

-1.4%

119.0

24-Jan

120.3

13-Feb

0.9%

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.