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Market NewsIndex ReportsIndex drifts downwards throughout week

Index drifts downwards throughout week

The overall polishedprices index drifted steadily downwards all week.

Daily Index levels

Level

Daily Change

Monday 17/07

117.3

-0.6%

Tuesday  18/07

117.2

-0.1%

Wednesday 19/07

116.9

-0.3%

Thursday 20/07

116.8

-0.1%

Friday 21/07

116.9

0.1%

Monday 24/07

116.2

-0.7%

Weekly Index

The main polishedprices index opened down 1.0% compared to the previous Monday at 116.2 points. The overall index is 4.0% lower than this time last year and is 1.0% lower than the start of the year.

The weakness came in the larger lower quality diamonds. with the 1.0 carat commercial and Mixed ranges losing 2.7% and 1.9% respectively, compared to the previous week.

The 0.3 carat ranges showed strength, however, with all categories in positive territory. The Commercial was the strongest range, adding 1.6% over the 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

116.2

-1.0%

-4.0%

115.7

24-Mar

118.7

03-Jan

-1.0%

                   

1 crt/4gr

Fine

111.9

-0.5%

-4.3%

105.8

27-Mar

118.9

26-May

3.6%

 

Commercial

109.5

-2.7%

-2.2%

106.3

12-May

114.8

04-Jul

-0.4%

 

Mixed

95.4

-1.9%

-5.1%

93.4

06-Apr

97.9

10-Jul

0.7%

                   

0.5 crts / 50 pts

Fine

97.4

-1.0%

-11.9%

97.4

24-Jul

113.2

14-Mar

-7.3%

 

Commercial

102.4

-0.7%

-2.1%

99.5

02-Feb

107.0

03-Jan

-0.4%

 

Mixed

98.3

0.2%

-2.8%

97.8

21-Jul

100.8

11-Jul

-0.2%

                   

0.3 ctrs/ 30 pts

Fine

103.2

0.9%

2.9%

96.5

21-Jun

108.8

10-Jul

4.3%

 

Commercial

115.6

1.6%

2.7%

105.6

12-Jan

116.4

12-Jun

7.2%

 

Mixed

125.3

0.4%

3.6%

119.0

24-Jan

125.3

19-Jul

5.4%

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.