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Rapaport Weekly Indian Market Report

As of February 16

Feb 16, 2017 10:58 AM   By Rapaport News
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Polished trading improving with foreign buyers in Mumbai and local dealers gaining confidence. Effect of demonetization diminishing but concerns remain that small manufacturers in rural areas are unable to open required bank accounts to resume normal business activity. Large manufacturers raising polished output to fill shortages of select categories. Steady Asian demand for GIA dossiers. Good U.S. demand for piqué (I1 to I3 clarity) diamonds. Rough trading stable ahead of next week’s De Beers sight.

Round  
-1 point: Fair demand: +$250 whites.
-2 point: Fair demand: $300-$450 whites.
2-7 point: Good demand: $300-$450 whites.
8-18 point: Good demand: +$400 whites.
20 points: Fair demand: -$400 whites.
25 points: Good demand: -$700 whites.
33 points: Good demand: -$900 whites.
50 points: Good demand: +$500 whites.
75 points: Fair demand: $700-$900 & +$1,500 whites.
1 carat+: Good demand: +$ 1,000 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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