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Rapaport Weekly Indian Market Report

As of February 23

Feb 23, 2017 10:58 AM   By Rapaport News
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Trading cautious with foreign buyers looking for bargains and dealers waiting for better prices at the Hong Kong show. Domestic demand quiet with small independent retailers still acclimatizing to new demonetization rules. Steady demand for 1 ct., G-J, VS-SI diamonds. Manufacturing back to normal levels with shortage of small Indian rough during sight week.

Round  
-1 point: Good demand: +$250 whites.
-2 point: Fair demand: $300-$450 whites.
2-7 point: Good demand: $300-$450 whites.
  Fair demand: $550-$600 whites.
8-18 point: Good demand: +$400 whites.
20 points: Fair demand: -$400 whites.
25 points: Good demand: -$700 whites.
33 points: Good demand: -$700 whites.
  Fair demand: +$700 whites.
50 points: Good demand: +$500 whites.
75 points: Fair demand: $700-$900 & +$1,500 whites.
1 carat+: Good demand: +$1,500 whites.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Good demand: -$400 whites.
20 point: Fair demand: $600-$700 whites.
25 point: Good demand: -$500 whites.
33 point: Fair demand: $500-$800 whites.
50 point: Fair demand: +$800 whites.
75 point: Fair demand: $1,000-$1,400 whites.
1 carat+: Fair demand: +$1,500 whites.
   
Marquise  
-6 point: Fair demand: $400-$550 whites.
+7-18 point: Fair demand: $400-$800 whites.
20 point: Fair demand: $300-$500 whites.
25 point: Fair demand: $350-$550 whites.
33 point: Fair demand: $500-$700 whites.
50 point: Fair demand: $800-$1000 whites.
75 point: Fair demand: $800-$1000 whites.
1 carat+: Fair demand: +$1000 whites.
   
Tapers & Baguettes  
  Fair demand: $350-$400 2mm-2.5mm whites.
                           $450-$500 2.5mm-3mm whites.
                           $600-$700 3mm-4mm whites.
                           $700-$800 4mm-5mm whites.
                           $800-$1,000 +5mm whites.
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