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Rapaport Weekly Indian Market Report

As of November 16

Nov 16, 2017 10:58 AM   By Rapaport News
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Trading returning to normal after Diwali, with dealers filling US and Chinese holiday orders. Steady market for 1 ct., G-J, VS2-SI1 (3X, no-fluorescence) diamonds. Rough demand stable, despite high polished inventory levels. Factories ramping up polished production after Diwali break. Gold jewelry demand slow in 3Q due to new GST tax system, World Gold Council reports. Diwali sales average.

Round  
-1 point: Good demand: $300-$550 whites.
  Fair demand: $700-$750 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: Fair demand: +$500 whites.
33 points: Good demand: +$700 whites.
  Fair demand: -$700 whites.
50 points: Good demand: +$1200 whites.
  Fair demand: -$1000 whites.
75 points: Fair demand: $800-$1200 whites.
1 carat+: Good demand: +$1500 whites & Top Shades.
   
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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