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Market NewsIndex ReportsPrices steady in lower volumes

Prices steady in lower volumes

Prices steady in lower volumes

After touching a seven-year low last week, volumes were sharply down, amid a reluctance of traders to accept lower prices.

Daily Index levels

Level

Daily Change

Monday 27/03

116.1

0.3%

Tuesday  28/03

116.1

0.0%

Wednesday 29/03

116.2

0.1%

Thursday 30/03

116.3

0.1%

Friday 31/03

116.2

-0.1%

Monday 03/04

116.8

0.5%

Weekly Index

The overall polishedprices index opened up 0.6% compared to the previous Monday at 116.8 points. The overall index is 5.0% lower than this time last year and is down 0.5% for the year to date.

The Fine 1.0 carat range recovered some of the losses it suffered last week, adding 4.0%.

Of the benchmark categories, only Mixed 0.5 carats and Commercial 0.3 carats were in negative territory, losing 0.5% and 0.7% respectively over the previous week.

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

116.8

0.6%

-5.0%

115.7

24-Mar

118.7

03-Jan

-0.4%

                   

1 crt/4gr

Fine

110.0

4.0%

-7.4%

105.8

27-Mar

116.5

15-Feb

1.8%

 

Commercial

110.1

0.9%

-4.6%

107.0

17-Jan

113.9

01-Feb

0.1%

 

Mixed

93.4

0.0%

-10.4%

93.4

30-Mar

95.3

20-Jan

-1.4%

                   

0.5 crts / 50 pts

Fine

108.1

1.1%

-6.9%

101.8

16-Feb

113.2

14-Mar

2.8%

 

Commercial

102.6

1.5%

-8.3%

99.5

02-Feb

107.0

03-Jan

-0.1%

 

Mixed

98.2

-0.5%

-3.6%

98.2

03-Apr

100.0

24-Feb

-0.3%

                   

0.3 ctrs/ 30 pts

Fine

101.6

1.5%

-2.3%

96.9

28-Feb

103.8

06-Feb

2.7%

 

Commercial

110.1

-0.7%

-4.2%

105.6

12-Jan

110.9

27-Mar

2.1%

 

Mixed

120.7

1.1%

-0.7%

119.0

24-Jan

120.9

31-Mar

1.5%

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.