Menu
Market NewsIndex ReportsPolished index gains as markets slow during summer holidays

Polished index gains as markets slow during summer holidays

The overall polishedprices index gained over the past week, in thin volumes due the summer holidays in Europe and the US.

Daily Index levels

Level

Daily Change

Monday 24/07

116.2

-0.7%

Tuesday  25/07

115.8

-0.3%

Wednesday 26/07

116.1

0.2%

Thursday 27/07

116.0

-0.1%

Friday 28/07

116.4

0.3%

Monday 31/07

116.7

0.3%

Weekly Index

The main polishedprices index opened up 0.5% compared to the previous Monday at 116.7 points. The overall index is 2.5% lower than this time last year and is 0.5% lower than the start of the year.

There were gains amongst nearly all of the benchmark ranges, with only the 0.5 carat Mixed category in negative territory, showing a loss of 0.5% over the week.

Strongest performer was the 0.5 carat Fine range, which gained 2.6% compared to the previous Monday.

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

116.7

0.5%

-2.5%

115.7

24-Mar

118.7

03-Jan

-0.5%

                   

1 crt/4gr

Fine

112.5

0.5%

-4.4%

105.8

27-Mar

118.9

26-May

4.1%

 

Commercial

111.8

2.1%

0.7%

106.3

12-May

114.8

04-Jul

1.6%

 

Mixed

95.8

0.4%

-4.1%

93.4

06-Apr

97.9

10-Jul

1.1%

                   

0.5 crts / 50 pts

Fine

99.9

2.6%

-10.5%

95.6

26-Jul

113.2

14-Mar

-5.0%

 

Commercial

102.6

0.2%

0.4%

99.5

02-Feb

107.0

03-Jan

-0.2%

 

Mixed

97.8

-0.5%

-2.3%

97.8

21-Jul

100.8

11-Jul

-0.7%

                   

0.3 ctrs/ 30 pts

Fine

104.9

1.7%

4.1%

96.5

21-Jun

108.8

10-Jul

6.1%

 

Commercial

118.3

2.3%

7.9%

105.6

12-Jan

118.3

31-Jul

9.6%

 

Mixed

125.5

0.2%

4.4%

119.0

24-Jan

125.5

26-Jul

5.6%

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.