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Market NewsIndex ReportsPolished index falls to lowest level since January 2010

Polished index falls to lowest level since January 2010

The overall polishedprices index fell to its lowest level for seven and a half years last week in thin trading volumes.

Daily Index levels

Level

Daily Change

Monday 07/08

117.4

0.7%

Tuesday  08/08

117.5

0.1%

Wednesday 09/08

117.7

0.1%

Thursday 10/08

115.4

-1.9%

Friday 11/08

115.5

0.1%

Monday 14/08

115.6

0.1%

Weekly Index

The main polishedprices index opened down 1.5% compared to the previous Monday at 115.6 points. The overall index is 3.7% lower than this time last year and has lost 1.5% since the start of the year.

Of the benchmark categories, the main pressure fell on the 1.0 carat Commercial range, which lost 5.0% over the week.

The 0.3 carat ranges performed well, however, with Fine, Commercial and Mixed gaining 2.3%, 1.4% and 0.2% respectively, 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

115.6

-1.5%

-3.7%

115.4

10-Aug

118.7

03-Jan

-1.5%

                   

1 crt/4gr

Fine

111.8

-1.3%

-6.7%

105.8

27-Mar

118.9

26-May

3.5%

 

Commercial

108.3

-5.0%

-6.0%

106.3

12-May

114.8

04-Jul

-1.5%

 

Mixed

95.4

-0.2%

-4.2%

93.4

06-Apr

97.9

10-Jul

0.7%

                   

0.5 crts / 50 pts

Fine

97.8

-1.4%

-13.8%

95.1

10-Aug

113.2

14-Mar

-7.0%

 

Commercial

102.0

2.6%

-2.4%

97.0

03-Aug

107.0

03-Jan

-0.7%

 

Mixed

97.6

-0.0%

-1.6%

97.6

14-Aug

100.8

11-Jul

-0.8%

                   

0.3 ctrs/ 30 pts

Fine

105.9

2.3%

7.3%

96.5

21-Jun

108.8

10-Jul

7.1%

 

Commercial

118.8

1.4%

7.4%

105.6

12-Jan

118.8

14-Aug

10.1%

 

Mixed

125.3

0.2%

4.3%

119.0

24-Jan

125.5

26-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.