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Market NewsIndex ReportsDiamond index now at 23 month low

Diamond index now at 23 month low

After a brief respite over the past two weeks, the overall polishedprices index resumed its downward trajectory to record the lowest value since November 2018.

Daily Index levels Level Daily Change
Monday 07/10 116.4 0.5%
Tuesday 08/10 116.5 0.0%
Wednesday 09/10 116.1 -0.3%
Thursday 10/10 116.1 -0.1%
Friday 11/10 115.2 -0.7%
Monday 14/10 115.6 0.3%

Weekly Index

The main polishedprices index opened on Monday at 115.6 points, down 0.7% compared with the previous week’s opening. The overall index is 3.7% below its level of this time last year and has lost 3.4% since the start of this year.

Nearly all of the benchmark categories were in negative territory with only largest the Fine 1.0 carat grouping recording a slight gain compared to the previous Monday.

The biggest decline came from the Fine 0.5 carat range, which fell 4.3% over the week.

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

115.6

-0.7%

-3.7%

115.2

11-Oct

121.8

04-Apr

-3.4%

                   

1 crt/4gr

Fine

109.4

0.7%

-6.1%

106.1

11-Oct

124.8

10-Apr

-3.2%

 

Commercial

112.5

-0.4%

-0.5%

110.3

02-Oct

121.8

15-Apr

-3.4%

 

Mixed

107.7

-0.2%

6.8%

104.7

01-Apr

114.5

04-Feb

-2.8%

                   

0.5 crts / 50 pts

Fine

89.1

-4.3%

-14.6%

88.2

11-Oct

103.4

25-Apr

-7.7%

 

Commercial

96.9

0.0%

-10.8%

95.4

11-Oct

107.2

07-Jan

-5.4%

 

Mixed

97.2

-0.3%

2.5%

95.8

05-Feb

99.5

22-Feb

-0.9%

                   

0.3 ctrs/ 30 pts

Fine

84.1

-3.6%

-24.3%

83.7

11-Oct

108.1

29-Jan

-18.3%

 

Commercial

94.7

-1.9%

-23.4%

94.3

11-Oct

115.4

07-Jan

-13.1%

 

Mixed

115.0

-0.0%

-8.2%

113.3

14-Mar

120.1

03-Jan

-4.6%

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.

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