Menu
Market NewsIndex ReportsPolished index falls to lowest level since December 2009

Polished index falls to lowest level since December 2009

The overall polisheprices index set new lows this past week, sinking to levels not seen since December 2009.

Daily Index levels

Level

Daily Change

Monday  11/09

115.5

0.5%

Tuesday  12/09

115.2

-0.2%

Wednesday 13/09

115.3

0.0%

Thursday 014/09

115.3

0.0%

Friday 15/09

114.3

-0.9%

Monday  18/09

114.8

0.4%

Weekly Index

The main polishedprices index opened down 0.7% compared to the previous Tuesday at 114.8 points. The overall index is 4.7% lower than this time last year and has lost 2.2% since the start of the year. The index is now 33.8% below its peak of August 2011.

Amongst the benchmark categories, only larger lower quality diamonds nudged into positive territory, with mixed 1.0 and 0.5 carats gaining 0.3% and 0.1% respectively over the week.

The Fine and Commercial 1.0 carat ranges fared worst, losing 2.4% and 2.5% 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

114.8

-0.7%

-4.7%

114.3

15-Sep

118.7

03-Jan

-2.2%

                   

1 crt/4gr

Fine

110.3

-2.4%

-7.0%

105.8

27-Mar

118.9

26-May

2.1%

 

Commercial

111.2

-2.5%

-0.5%

106.3

12-May

114.8

04-Jul

1.1%

 

Mixed

95.7

0.3%

-0.8%

93.4

06-Apr

97.9

10-Jul

1.0%

                   

0.5 crts / 50 pts

Fine

94.7

-1.0%

-14.8%

92.3

07-Sep

113.2

14-Mar

-9.9%

 

Commercial

100.5

-0.0%

-3.5%

97.0

03-Aug

107.0

03-Jan

-2.2%

 

Mixed

97.7

0.1%

-2.6%

96.3

15-Aug

100.8

11-Jul

-0.8%

                   

0.3 ctrs/ 30 pts

Fine

99.8

-0.2%

0.8%

94.6

08-Sep

108.8

10-Jul

0.9%

 

Commercial

112.4

-1.0%

2.3%

105.6

12-Jan

120.2

29-Aug

4.2%

 

Mixed

124.3

-0.4%

3.1%

119.0

24-Jan

125.5

26-Jul

4.6%

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.