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Market NewsIndex ReportsIndex ends week on a positive note

Index ends week on a positive note

After trading in narrow bands, the overall polishedprices index finished the week strongly.

Daily Index levels

Level

Daily Change

Monday 27/02

117.1

-0.4%

Tuesday  28/02

116.9

-0.1%

Wednesday 01/03

116.7

-0.1%

Thursday 02/03

117.0

0.2%

Friday 03/03

116.9

-0.1%

Monday 06/03

117.4

0.4%

Weekly Index

The main polishedprices index opened up 0.3% compared to the previous Monday and up 0.1% for the year to date at 117.4 points. The overall index is 4.3% lower than this time last year.

There were gains across nearly all of the benchmark categories,, with only the 1.0 carat Commercial range reporting a loss compared to the previous week.

Strongest performer over the week was 0.3 carat Commercial, which rose 1.9% to record its highest value for the year to date. 0.3 carat Mixed also reported a year to date high.

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

117.4

0.3%

-4.3%

116.4

12-Jan

118.7

03-Jan

0.1%

                   

1 crt/4gr

Fine

112.1

1.0%

-7.3%

108.1

01-Mar

116.5

15-Feb

3.7%

 

Commercial

111.1

-1.4%

-3.6%

107.0

17-Jan

113.9

01-Feb

1.0%

 

Mixed

95.1

0.4%

-7.9%

94.0

23-Jan

95.3

20-Jan

0.4%

                   

0.5 crts / 50 pts

Fine

106.5

1.5%

-5.3%

101.8

16-Feb

109.4

16-Jan

1.3%

 

Commercial

103.3

1.6%

-7.9%

99.5

02-Feb

107.0

03-Jan

0.5%

 

Mixed

99.0

0.2%

-3.7%

98.4

23-Jan

100.0

24-Feb

0.5%

                   

0.3 ctrs/ 30 pts

Fine

100.4

1.2%

-3.2%

96.9

28-Feb

103.8

06-Feb

1.4%

 

Commercial

110.7

1.9%

-3.9%

105.6

12-Jan

110.7

06-Mar

2.6%

 

Mixed

120.4

0.4%

-1.1%

119.0

24-Jan

120.4

06-Mar

1.3%

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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