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Rapaport TradeWire January 2, 2020

Jan 2, 2020 10:05 AM   By Rapaport
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26 Nov 19 Igi Tw Banner Jewelry
Rapaport TradeWire
January 2, 2020
RAPAPORT MARKET COMMENT
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Happy New Year! Diamond market gaining confidence for 2020 after relatively good holiday season. Polished prices stable, supported by US and Chinese holiday demand. 1 ct. RAPI -0.2% in Dec. and -5.3% for full year. RAPI for 0.30 ct. +1.7% in Dec. due to China orders, amid positive outlook for Jan. 25 lunar festival. Hong Kong luxury weak as protesters start year with massive demonstration. Dealer trading quiet over holidays. Suppliers reduced inventory levels, but still holding large volume of less desirable goods. None-to-faint fluorescence selling well and in short supply. New decade presents opportunity to boost diamond-jewelry demand with significant investment in marketing.

5 Nov 2019 Gemolithos Tw Banner
RAPNET DIAMOND INDEX (RAPI)
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Weekly Monthly Y2Y
0.30 ct 1.09% 1.61% -7.36%
0.50 ct 0.56% 1.08% -5.17%
1.00 ct -0.03% -0.24% -5.36%
3.00 ct -0.04% -0.45% -16.31%
RAPI Yearly Graph
Trade Wire 600X160 April 2018
Market Reports
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United States: Conference Board reports consumer confidence slightly down in December...
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Belgium: Diamond trading slow, with the bourses and most businesses closed for holidays until January 6...
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Israel: Suppliers maintaining firm prices when filling orders for specific goods...
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India: Manufacturers raised production since Diwali but continue to operate below capacity...
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Hong Kong: Wholesale sentiment improving as jewelers prepare inventory for Chinese New Year on January 25...
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13 Nov 2019 Gia Id 100 Machine Tw Banner
Webinar: Transition to a New Decade
WITH Avi Krawitz

Rapaport’s Senior Analyst will put the 2019 diamond market into perspective, and explore the platform from which it can grow in the coming year. 

Avi will use exclusive data from RapNet that illustrates supply, demand and price trends in the polished sector. 

UPS AND DOWNS
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Jewelers Report Strong End to Holiday Season
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Argyle Closure Could Boost Canadian Mining
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Warren Buffett Turned Down Shot to Buy Tiffany
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Mark Cuban Refutes Criticism of New Diamond Company
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Trade Wire 25 Dec 19 Jewelry Catalog
WEEKLY NEWS
industry
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What Happened in the Diamond Trade in 2019
A month-by-month digest of Rapaport Weekly Market Comments.
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Alrosa Releases 2020 Supply Schedule
First big-stone auction begins January 12 in Israel.
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Sotheby’s Watch Sales Hit Record $109M
Space Traveller I by George Daniels was the highest seller last year, fetching $4.6 million.
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The 10 Most Read Stories of 2019
Lab-grown diamonds, De Beers and the GIA top the list of our most popular articles.
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Tech Pioneer Sees Future for Synthetics in Israel
Diamond bourse refutes Benny Landa’s claim that polishing industry “will never return.”
retail
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Tips for Promoting Ethical Credentials
Five pieces of advice for gaining buyers’ confidence.
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Revamping the Retail Experience
How can modern jewelers make it worth customers’ while to shop brick-and-mortar?
mining
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Alrosa Unearths 191ct. Rough Diamond
Miner finds stone at its Botuobinskaya pipe in Yakutia.
general
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Diamonds That Created a Buzz in 2019
From huge rough to auction records, these stones made their mark last year.
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What’s New at World’s Oldest Jewelry School
The president of the Haute École de Joaillerie explains what the French institute is doing to meet the demands of the 21st century.
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The Keys to Dating a Diamond Ring
Suzanne Martinez, co-owner of Lang Antiques in San Francisco, on how to distinguish the real from the repro.
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How Cutters Can Maximize Profits
Moving away from the traditional system of contract sales and credit allows iSparkle to be more nimble, says founder and CEO Ilan Kaplan.
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The Jewelry That’s Set to Sparkle in 2020
Large link chains, piles of necklaces, chokers and hoop earrings top the list of hot trends.
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FINANCE
Diamond Industry Stock Report
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Solid retail sentiment boosted stocks this past week, with Macy’s (+6%), Signet (+5%) and Luk Fook (+4%) rising. Mining shares showed an improvement following a poor 2019: Firestone (+16%), Lucapa (+9%) and Petra (+4%) all gained.

Rapnet Trade Wire
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Tradewire Square January 2020 Melee Ss
11 Jul 2018 Rap Ac Digital 300X300Px Static
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