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Market NewsIndex ReportsDiamond Index reaches 2 year high

Diamond Index reaches 2 year high

The overall polishedprices index consolidated last weeks gains and pushed on to reach its highest level since September 2016. It remains however 29.8% below its peak of August 2011.

Daily Index levels

Level

Daily Change

Monday 22/10

121.5

1.8%

Tuesday  23/10

121.1

-0.3%

Wednesday 24/10

120.8

-0.2%

Thursday 25/10

120.8

0.0%

Friday 26/10

121.0

0.1%

Monday 29/10

121.6

0.5%

Weekly Index

The main polishedprices index opened on Monday at 121.6 points, up 0.1% compared to the previous week. The overall index is 5.9% above its level of this time last year, and up 4.9% since the start of the year.

The main strength over the past week came from the lower quality 1.0 carat ranges with Commercial and Mixed gaining 3.0% and 3.2% respectively.

The weakest performer of the benchmark categories was the Fine 0.5 carat range, which slipped 4.2% 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

121.6

0.1%

5.9%

115.9

12-Jan

121.6

29-Oct

4.9%

                   

1 crt/4gr

Fine

118.6

-1.7%

10.7%

107.7

30-Aug

126.8

02-Jul

4.5%

 

Commercial

121.0

3.0%

10.4%

109.5

02-Mar

121.0

29-Oct

8.9%

 

Mixed

106.1

3.2%

12.0%

94.3

05-Feb

106.1

29-Oct

10.7%

                   

0.5 crts / 50 pts

Fine

102.9

-4.2%

10.5%

92.8

02-Aug

108.2

08-Oct

7.5%

 

Commercial

108.3

-1.8%

9.5%

99.6

02-Jan

112.8

01-Oct

10.4%

 

Mixed

95.1

1.5%

-2.3%

92.9

26-Oct

100.5

26-Apr

-1.5%

                   

0.3 ctrs/ 30 pts

Fine

116.1

-1.3%

18.3%

98.8

09-Feb

119.4

27-Sep

18.0%

 

Commercial

123.6

-0.6%

8.9%

110.3

04-Jan

127.8

25-Sep

13.4%

 

Mixed

123.1

-0.0%

-0.8%

122.0

12-Jan

127.0

24-Sep

0.6%

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.