By Richard PlattOctober 14th, 2019
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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