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Market NewsIndex ReportsPolished index posts modest gain in light trading

Polished index posts modest gain in light trading

With markets still quiet after holidays after India’s Diwali holiday, the overall polishedprices index traded in narrow ranges before a slight uptick towards the end of the week.

Daily Index levels

Level

Daily Change

Monday  30/10

114.9

-0.2%

Tuesday  31/10

115.1

0.2%

Wednesday 01/11

115.1

-0.1%

Thursday 02/11

115.1

0.0%

Friday 03/11

115.1

0.1%

Monday  06/11

115.6

0.4%

Weekly Index

The main polishedprices index opened up 0.6% compared to the previous Monday at 115.6 points. The overall index is 2.1% lower than this time last year and has lost 1.5% since the start of the year.

Fine quality diamonds led the increases amongst the benchmark categories, with 0.3 carats adding 4.1% and 1.0 carats adding 3.0% over the week.

Mixed 0.5 carats showed the largest loss over the week, slipping 1.2%.

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

0.6%

-2.1%

114.3

15-Sep

118.7

03-Jan

-1.5%

                   

1 crt/4gr

Fine

110.3

3.0%

0.7%

105.8

27-Mar

118.9

26-May

2.1%

 

Commercial

112.9

2.9%

6.6%

106.3

12-May

114.8

04-Jul

2.6%

 

Mixed

94.8

0.2%

-1.2%

93.4

06-Apr

97.9

10-Jul

0.1%

                   

0.5 crts / 50 pts

Fine

94.5

1.5%

-14.9%

90.3

13-Oct

113.2

14-Mar

-10.1%

 

Commercial

98.8

-0.2%

-4.8%

97.0

03-Aug

107.0

03-Jan

-3.9%

 

Mixed

96.2

-1.2%

-2.7%

96.2

06-Nov

100.8

11-Jul

-2.3%

                   

0.3 ctrs/ 30 pts

Fine

102.2

4.1%

5.9%

94.6

08-Sep

108.8

10-Jul

3.3%

 

Commercial

114.3

0.7%

7.1%

105.6

12-Jan

120.2

29-Aug

6.0%

 

Mixed

123.7

-0.3%

2.7%

119.0

23-Jan

125.5

27-Jul

4.1%

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.