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Market NewsIndex ReportsPolished index recovers from slow start

Polished index recovers from slow start

The overall polishedprices index recovered from a slow start, posting a modest overall gain by the end of the week.

Daily Index levels

Level

Daily Change

Monday 09/07

120.5

0.8%

Tuesday  10/07

120.1

-0.3%

Wednesday 11/07

119.7

-0.3%

Thursday 12/07

119.9

0.1%

Friday 13/07

120.4

0.4%

Monday 16/07

121.1

0.6%

Weekly Index

The main polishedprices index opened on Monday at 121.1 points, up 0.5% compared with the previous week. The overall index is 3.2% above its level of this time last year, and has gained 4.4% since the start of the year.

Strongest of the benchmark categories last week was the Commercial 0.3 carat range, which jumped 4.2% over the previous week.

The Fine 0.3 range also performed well, adding 2.7% over the week to record its highest value since May 2015.

For the second week running, Fine 1.0 carats were the weakest performer, slipping 1.2% compared to the previous Monday.

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

121.1

0.5%

3.2%

115.9

12-Jan

121.5

02-Jul

4.4%

                   

1 crt/4gr

Fine

121.5

-1.2%

8.0%

112.4

16-Feb

126.8

02-Jul

7.0%

 

Commercial

117.9

-0.2%

4.7%

109.5

02-Mar

120.0

03-May

6.1%

 

Mixed

96.9

0.9%

-0.2%

94.3

05-Feb

98.1

27-Mar

1.1%

                   

0.5 crts / 50 pts

Fine

103.5

0.3%

5.2%

94.2

09-Jan

105.2

25-Jun

8.2%

 

Commercial

108.6

-0.3%

5.3%

99.6

02-Jan

112.0

17-May

10.7%

 

Mixed

97.6

-0.2%

-0.4%

96.2

02-Jan

100.5

26-Apr

1.0%

                   

0.3 ctrs/ 30 pts

Fine

117.8

2.7%

15.1%

98.8

09-Feb

117.8

16-Jul

19.6%

 

Commercial

124.1

4.2%

9.1%

110.3

04-Jan

125.4

13-Mar

13.9%

 

Mixed

125.5

0.3%

0.6%

122.0

12-Jan

126.4

14-May

2.5%

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.