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Market NewsIndex Reports Diamond index falls to 17 month low

Diamond index falls to 17 month low

The overall polishedprices index fell to its lowest value since February 2018 last week.

Daily Index levels Level Daily Change
Monday 22/07 119.3 0.1%
Tuesday 23/07 120.0 0.6%
Wednesday 24/07 119.9 -0.1%
Thursday 25/07 119.6 -0.2%
Friday 26/07 118.3 -1.1%
Monday 29/07 118.0 -0.3%

Weekly Index

The main polishedprices index opened on Monday at 118.0 points, down 1.1% compared to the previous week’s opening. The overall index is 2.2% below its level of this time last year and has lost 1.4% since the start of this year.

The main losses came from the smaller sizes Fine categories with 0.5 carats and 0.3 carats falling 3.7% and 3.2% respectively over the week.

Only two of the benchmark categories were in positive territory with the Commercial 1.0 carat and Mixed 0.5 carats showing gains of 0.4% and 0.3% respectively, compared to the previous Monday.

Benchmark groupings PolishedPrices Index

   

Current Levels

   

2019  Low

 

2019

High

   
   

 Index Jan 04=100

Change from week ago

Change from year ago

Index

Date

Index

Date

Year to date change

 

Overall

118.0

-1.1%

-2.2%

118.0

29-Jul

121.8

04-Apr

-1.4%

                   

1 crt/4gr

Fine

111.9

-1.3%

-6.4%

109.4

04-Jul

124.8

10-Apr

-0.9%

 

Commercial

113.5

0.4%

-4.6%

111.3

19-Jul

121.8

15-Apr

-2.5%

 

Mixed

113.4

-0.5%

18.0%

104.7

01-Apr

114.5

04-Feb

2.3%

                   

0.5 crts / 50 pts

Fine

94.1

-3.7%

-7.9%

91.0

03-Jul

103.4

25-Apr

-2.6%

 

Commercial

98.9

-1.8%

-7.0%

98.4

03-Jul

107.2

07-Jan

-3.4%

 

Mixed

98.4

0.3%

1.2%

95.8

05-Feb

99.5

22-Feb

0.3%

                   

0.3 ctrs/ 30 pts

Fine

93.6

-3.2%

-19.1%

89.7

26-Jul

108.1

29-Jan

-9.0%

 

Commercial

105.0

-1.2%

-13.7%

105.0

29-Jul

115.4

07-Jan

-3.7%

 

Mixed

116.9

-1.2%

-6.0%

113.3

14-Mar

120.1

03-Jan

-3.0%

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.