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Market NewsIndex ReportsPolished index weakness continues

Polished index weakness continues

The overall polishedprices index fell again last week in high trading volumes.

Daily Index levels

Level

Daily Change

Monday  04/09

116.4

-0.5%

Tuesday  05/09

116.4

0.0%

Wednesday 06/09

116.1

-0.2%

Thursday 07/09

114.8

-1.1%

Friday 08/09

115.0

0.1%

Monday  11/09

115.5

0.5%

Weekly Index

The main polishedprices index opened down 0.8% compared to the previous Tuesday at 115.5 points. The overall index is 5.2% lower than this time last year and has lost 1.6% since the start of the year.

Of the benchmark categories, the main weakness was the 0.3 carat Commercial range, which slipped 3.6% compared to the previous Monday. Better quality 0.5 carats were also under pressure with the Fine and Commercial categories slipping 3.0% and 2.7% respectively.

The 1.0 carat ranges performed well however, with all ranges in positive territory with the Commercial category adding 1.7% 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

115.5

-0.8%

-5.2%

114.5

17-Aug

118.7

03-Jan

-1.6%

                   

1 crt/4gr

Fine

112.9

0.2%

-5.6%

105.8

27-Mar

118.9

26-May

4.5%

 

Commercial

114.1

1.7%

-0.4%

106.3

12-May

114.8

04-Jul

3.7%

 

Mixed

95.4

1.0%

-2.2%

93.4

06-Apr

97.9

10-Jul

0.7%

                   

0.5 crts / 50 pts

Fine

95.6

-3.0%

-14.6%

92.3

07-Sep

113.2

14-Mar

-9.1%

 

Commercial

100.5

-2.7%

-5.2%

97.0

03-Aug

107.0

03-Jan

-2.2%

 

Mixed

97.6

0.1%

-3.0%

96.3

15-Aug

100.8

11-Jul

-0.9%

                   

0.3 ctrs/ 30 pts

Fine

100.1

-1.0%

0.7%

94.6

08-Sep

108.8

10-Jul

1.1%

 

Commercial

113.5

-3.6%

1.2%

105.6

12-Jan

120.2

29-Aug

5.2%

 

Mixed

124.9

-0.4%

3.4%

119.0

24-Jan

125.5

26-Jul

5.0%

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.