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Rapaport Weekly Indian Market Report

As of September 14

Sep 14, 2017 10:58 AM   By Rapaport News
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Mumbai trading low-key, with many dealers and large volume of goods at Hong Kong show. Buyers testing the market with offers at higher discounts. Suppliers reducing prices on old stock that’s been difficult to move. Steady demand for SI goods. Manufacturing slowing due to concerns of oversupply and tight liquidity before Diwali.

Round  
-1 point: Good demand: $300-$550 whites.
-2 point: Fair demand: $300-$450 whites.
2-7 point: Fair demand: $300-$450 whites.
8-18 point: Fair demand: +$450 whites.
20 points: Fair demand: $500-$700 whites.
25 points: Good demand: $500-$800 whites.
  Fair demand: -$500 whites.
33 points: Good demand: +$700 whites.
  Fair demand: -$600 whites.
50 points: Good demand: +$1000 whites.
  Fair demand: -$800 whites.
75 points: Fair demand: $800-$1200 whites.
1 carat+: Good demand: +$1500 whites.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Fair demand: -$400 whites.
20 point: Fair demand: $400-$500 whites.
25 point: Fair demand: -$500 whites.
33 point: Fair demand: $500-$800 whites.
50 point: Fair demand: +$800 whites.
75 point: Fair demand: $1,000-$1,200 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: $800-$1100 whites.
50 point: Fair demand: $800-$1000 whites.
75 point: Fair demand: $1000-$1300 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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