By Richard PlattDecember 2nd, 2019
The overall polishedprices index fell last week to it’s lowest level since September 2017.
|
Daily Index levels |
Level |
Daily Change |
|
Monday 25/11 |
115.3 |
0.1% |
|
Tuesday 26/11 |
115.7 |
0.4% |
|
Wednesday 27/11 |
115.6 |
-0.1% |
|
Thursday 28/11 |
115.4 |
-0.2% |
|
Friday 29/11 |
114.7 |
-0.6% |
|
Monday 02/12 |
114.5 |
-0.1% |
Weekly Index
The main polishedprices index opened on Monday at 114.5 points, down 0.7% compared to with the previous week’s opening. The overall index is 5.6% below its level of this time last year and has lost 4.3% since the start of this year.
The main weakness came from the better quality 1.0 carat ranges, with the Fine and Commercial categories slipping 4.2% and 3.9% respectively.
The largest gain came from the Fine 0.3 carat range, which added 110% 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 |
114.5 |
-0.7% |
-5.6% |
114.5 |
02-Dec |
121.8 |
04-Apr |
-4.3% |
|
|
1 crt/4gr |
Fine |
105.6 |
-4.2% |
-11.0% |
105.0 |
29-Nov |
124.8 |
10-Apr |
-6.5% |
|
Commercial |
109.4 |
-4.0% |
-8.1% |
108.0 |
29-Nov |
121.8 |
15-Apr |
-6.1% |
|
|
Mixed |
110.3 |
0.6% |
-2.1% |
104.7 |
01-Apr |
114.5 |
04-Feb |
-0.5% |
|
|
0.5 crts / 50 pts |
Fine |
90.4 |
-2.0% |
-11.8% |
85.1 |
12-Nov |
103.4 |
25-Apr |
-6.4% |
|
Commercial |
95.7 |
-2.5% |
-10.1% |
95.4 |
11-Oct |
107.2 |
07-Jan |
-6.5% |
|
|
Mixed |
96.3 |
-1.4% |
-1.5% |
95.8 |
05-Feb |
99.5 |
22-Feb |
-1.8% |
|
|
0.3 ctrs/ 30 pts |
Fine |
88.7 |
0.7% |
-17.9% |
83.7 |
11-Oct |
108.1 |
29-Jan |
-13.8% |
|
Commercial |
96.0 |
0.6% |
-16.7% |
92.3 |
12-Nov |
115.4 |
07-Jan |
-11.9% |
|
|
Mixed |
113.1 |
-0.4% |
-7.9% |
113.1 |
02-Dec |
120.1 |
03-Jan |
-6.2% |
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.
December 23rd, 2019
Diamond index flat in quiet trading
December 16th, 2019
Diamond index rises from last week’s low
December 9th, 2019
Diamond index sinks to a ten year low
November 25th, 2019
November 18th, 2019
Diamond index decline continues
November 11th, 2019