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Market NewsIndex ReportsPolished index hits 16-month high

Polished index hits 16-month high

The main polishedprices index reached its highest level since October 2016 last week.

Daily Index levels

Level

Daily Change

Monday  05/03

118.7

0.4%

Tuesday  06/03

118.9

0.1%

Wednesday 07/03

118.8

0.0%

Thursday 08/03

119.0

0.1%

Friday 09/03

118.8

-0.2%

Monday  12/03

119.1

0.2%

Weekly Index

The main polishedprices index opened on Monday at 119.1points, up 0.3% from the previous week. The overall index is 1.0% above its level for this time last year, and has gained 2.7% since the start of the year.

Amongst the benchmark categories, the Commercial 1.0 carat range was the strongest performer, adding 3.5% compared to the previous Monday.

There was weakness, however, across all the 0.5 carat ranges, with the Fine, Commercial and Mixed categories losing 1.6%, 2.3% and 0.4% respectively over the past seven days.

Benchmark groupings PolishedPrices Index

   

Current Levels

   

2018 Low

 

2018 High

   
   

 Index Jan 04=100

Change from week ago

Change from year ago

Index

Date

Index

Date

 Year to date change

 

Overall

119.1

0.3%

1.0%

115.9

12-Jan

119.1

21-Feb

2.7%

                   

1 crt/4gr

Fine

117.1

-0.6%

1.3%

112.4

16-Feb

120.1

21-Feb

3.2%

 

Commercial

116.4

3.5%

4.0%

109.5

02-Mar

116.4

12-Mar

4.7%

 

Mixed

97.8

1.5%

3.8%

94.3

05-Feb

97.8

12-Mar

2.0%

                   

0.5 crts / 50 pts

Fine

98.6

-1.6%

-7.0%

94.2

09-Jan

100.7

01-Mar

3.1%

 

Commercial

103.8

-2.3%

-0.0%

99.6

02-Jan

107.4

12-Feb

5.8%

 

Mixed

98.8

-0.4%

0.0%

96.2

02-Jan

100.0

23-Feb

2.3%

                   

0.3 ctrs/ 30 pts

Fine

110.6

0.9%

10.0%

98.8

09-Feb

110.8

26-Feb

12.4%

 

Commercial

123.5

2.2%

12.4%

110.3

04-Jan

123.5

12-Mar

13.3%

 

Mixed

123.9

0.2%

3.7%

122.0

12-Jan

124.4

19-Feb

1.2%

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.