By Richard PlattNovember 4th, 2019
With Indian offices closed for Diwali, the overall polished prices remained steady in low trading volumes.
|
Daily Index levels |
Level |
Daily Change |
|
Monday 28/10 |
115.7 |
0.2% |
|
Tuesday 29/10 |
115.7 |
0.0% |
|
Wednesday 30/10 |
115.7 |
0.0% |
|
Thursday 31/10 |
115.6 |
0.0% |
|
Friday 01/11 |
115.6 |
0.0% |
|
Monday 04/11 |
115.9 |
0.2% |
Weekly Index
The main polishedprices index opened on Monday at 115.9 points, up 0.2% compared to with the previous week’s opening. The overall index is 5.5% below its level of this time last year and has lost 3.1% since the start of this year.
Most of the benchmark categories were in positive territory, with the largest gain came from the Fine 0.3 carat grouping, recording a gain of 1.4% compared to the previous Monday.
The only decline came from the Commercial 0.3 carat range, which fell 0.1% 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 |
-0.0% |
-5.7% |
115.2 |
11-Oct |
121.8 |
04-Apr |
-3.3% |
|
|
1 crt/4gr |
Fine |
108.5 |
0.5% |
-9.4% |
106.1 |
11-Oct |
124.8 |
10-Apr |
-4.0% |
|
Commercial |
111.9 |
-0.0% |
-9.5% |
110.3 |
02-Oct |
121.8 |
15-Apr |
-3.9% |
|
|
Mixed |
107.8 |
0.0% |
-0.7% |
104.7 |
01-Apr |
114.5 |
04-Feb |
-2.8% |
|
|
0.5 crts / 50 pts |
Fine |
88.7 |
-1.6% |
-16.8% |
87.3 |
18-Oct |
103.4 |
25-Apr |
-8.2% |
|
Commercial |
98.1 |
-0.8% |
-13.5% |
95.4 |
11-Oct |
107.2 |
07-Jan |
-4.2% |
|
|
Mixed |
97.8 |
0.0% |
1.5% |
95.8 |
05-Feb |
99.5 |
22-Feb |
-0.3% |
|
|
0.3 ctrs/ 30 pts |
Fine |
88.0 |
0.1% |
-24.9% |
83.7 |
11-Oct |
108.1 |
29-Jan |
-14.5% |
|
Commercial |
97.3 |
-0.2% |
-22.5% |
94.3 |
11-Oct |
115.4 |
07-Jan |
-10.8% |
|
|
Mixed |
114.7 |
0.0% |
-7.4% |
113.3 |
14-Mar |
120.1 |
03-Jan |
-4.9% |
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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