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Rapaport Weekly Indian Market Report

As of June 30

Jun 30, 2016 11:00 AM   By Rapaport News
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Sentiment weak with dealers disappointed at Hong Kong show. Chinese demand cautious and fewer buyers in Mumbai ahead of U.S. vacation period. Demand is order-specific with buyers avoiding inventory purchases and pushing for higher discounts. Stable demand for 1 ct., D-H, VS-SI diamonds. 3 ct. steady in SI’s, weak in other areas. Manufacturing levels steady with new rough coming to factories after June sight. Rough trading stable with good demand from smaller manufacturers.

Round  
-1 point: Good demand: $250-$500 whites.
  Fair demand: $250-$400 white natts.
-2 point: Fair demand: $300-$450 whites and $250-$350 white natts.
2-7 point: Fair demand: $250-$450 whites.
8-18 point: Fair demand: -$550 whites.
20 points: Fair demand: -$400 whites.
25 points: Fair demand: $-400 & +$700 whites.
33 points: Good demand: $800-$1300 whites.
  Fair demand: -$400 whites.
50 points: Good demand: $1000-$1500 whites.
  Fair demand: -$1000 whites.
75 points: Fair demand: $700-$900 and +$1,500 whites.
1 carat+: Good demand: +$ 2,000 whites.
  Fair demand: $700-$1500 whites and $1500-$2000 lower color.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Fair demand: $350-$500 whites.
20 point: Fair demand: $600-$700 whites.
25 point: Fair demand: $800-$900 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: $500-$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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