Menu
Market NewsIndex ReportsPolished index recovers slightly

Polished index recovers slightly

With many Israeli offices shut for Jewish holidays, the drift in the overall polishedprices index continued before recovering at the end of the week.

Daily Index levels

Level

Daily Change

Monday  09/10

115.2

-0.1%

Tuesday  10/10

115.5

0.2%

Wednesday 11/10

115.4

-0.1%

Thursday 12/10

115.2

-0.1%

Friday 13/10

114.9

-0.3%

Monday  16/10

115.2

0.3%

Weekly Index

The main polishedprices index opened level compared to the previous Monday at 115.2 points. The overall index is 4.0% lower than this time last year and has lost 1.8% since the start of the year.

Of the benchmark categories, only the better quality 1.0 carats ranges showed significant gains, with Fine and Commercial adding 0.4% and 1.2% respectively over the week.

Smaller Fine 0.3 stones were under the most pressure during the week with 0.5 carats slipping 1.8% and 0.3 carats 2.4%, 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

115.2

-0.0%

-4.0%

114.3

15-Sep

118.7

03-Jan

-1.8%

                   

1 crt/4gr

Fine

107.6

0.4%

-3.7%

105.8

27-Mar

118.9

26-May

-0.4%

 

Commercial

111.0

1.2%

0.3%

106.3

12-May

114.8

04-Jul

0.9%

 

Mixed

95.4

-0.2%

-0.2%

93.4

06-Apr

97.9

10-Jul

0.7%

                   

0.5 crts / 50 pts

Fine

91.1

-1.8%

-18.0%

90.3

13-Oct

113.2

14-Mar

-13.3%

 

Commercial

98.6

-1.8%

-5.1%

97.0

03-Aug

107.0

03-Jan

-4.1%

 

Mixed

97.3

-0.2%

-2.0%

96.3

15-Aug

100.8

11-Jul

-1.1%

                   

0.3 ctrs/ 30 pts

Fine

99.5

-2.4%

-1.4%

94.6

08-Sep

108.8

10-Jul

0.6%

 

Commercial

112.7

-0.9%

2.9%

105.6

12-Jan

120.2

29-Aug

4.5%

 

Mixed

124.3

0.1%

4.0%

119.0

23-Jan

125.5

27-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.