Advanced Search

Rapaport TradeWire November 21, 2019

Nov 21, 2019 10:32 AM   By Rapaport
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
8 July 2018 Igi Tw Top Banner
Rapaport TradeWire
November 21, 2019

Market sentiment improves as focus shifts to retail ahead of Thanksgiving weekend. Jewelers preparing Black Friday promotions, with strong emphasis on e-commerce. Department stores and mall-based retailers offering heavy online discounts to entice customers. A lot of diamonds out on memo. Dealers maintaining firm prices for RapSpec A3+ diamonds, with positive trend in dossiers as reduced manufacturing has led to scarcity of better qualities. Cutters raising polished production in anticipation of post-holiday demand, but rough supply limited. Belgium Oct. rough imports -30% to $529M. Petra Diamonds sells 20.08 ct. blue rough for $14.9M ($741,000/ct.).

12 Nov 2019 Phillips Trade Wire Banner 600X160
Weekly Monthly Y2Y
0.30 ct 1.02% 2.78% -15.90%
0.50 ct 0.54% 1.18% -8.40%
1.00 ct -0.07% 0.08% -5.75%
3.00 ct -0.15% -1.06% -18.15%
RAPI Yearly Graph
5 Nov 2019 Gemolithos Tw Banner
Market Reports
United States: Steady demand for 0.90 to 1.50 ct., G-J, VS2-I1 diamonds for engagement rings...
Belgium: Lack of goods limiting transactions after 3Q market slump...
Israel: Dealers willing to compromise on profitability, preferring goods that are easy to sell quickly...
India: Steady rough demand as factories raise polished production...
Hong Kong: Diamond wholesale and jewelry retail markets extremely quiet as political protests have escalated...
21 Nov 2019 Bonhams Trade Wire Banner
Zvi Yehuda: The Industry’s Idea Man
WITH Leah Meirovich

Over his 66-year career, Zvi Yehuda’s name has become synonymous with innovations and technology that have revolutionized the diamond industry. 

Tiffany Gives LVMH Access to Finances After It Ups Bid
Hidden Japanese Diamonds Coming to Auction
US Court Revives Sterling Gender-Bias Case
Indigenous Group Worried over Impact of Rio Tinto Project
Trade Wire 600X160 April 2018
News Thumbnail
Petra Sells 20ct. Blue Diamond for $15M
Stone fetches $741,000 per carat at Johannesburg tender.
News Thumbnail
CIBJO Creates Lab-Grown Diamond Committee
Group will establish rules to avoid conflict between natural and synthetic industries.
News Thumbnail
Rio Tinto Sees Strong Bidding for Argyle Pinks
Aurostar subsidiary buys 1.75-carat Argyle Enigma.
News Thumbnail
Zimbabwe to Take Smaller Cut of Diamond Sales
Government aims to attract investors with lower royalty rate of 10%.
News Thumbnail
Rough Slowdown Weighs on Asian Star
Indian manufacturer’s revenue and profit drop amid slump in trading business.
News Thumbnail
Tiffany Brings Ex-Barneys CEO on Board
Daniella Vitale will be jeweler’s new executive vice president and chief brand officer.
News Thumbnail
US Retail Sales Rise Ahead of Holidays
October purchases up 4.2% year on year.
News Thumbnail
Revenue Tumbles at Singapore’s SK Jewellery
Retailer notes weak consumer outlook in Asian markets.
News Thumbnail
Rio Tinto Seeks Majority Stake in Canada Site
Deal will give the miner 60% of Star-Orion South diamond project.
News Thumbnail
Mothae Yields Two Diamonds over 100ct.
Lucapa recovers 220- and 127-carat stones at its Lesotho mine.
News Thumbnail
Diamcor Mining Shifts Back into Black
Company benefits from lower costs in quarter ending September 30.
News Thumbnail
De Beers Announces 2020 Sight Schedule
First sale will begin January 20.
News Thumbnail
Decline in Belgium Trade Intensifies
Polished exports drop 30% in October.
News Thumbnail
Blue Diamond Earrings Lead Bonhams Auction
December sale will also feature jewels from late New York Yankees executive Joan Steinbrenner.
News Thumbnail
US, China Boost Swiss Watch Trade
Shipments to those markets outweigh significant drop in Hong Kong.
News Thumbnail
3ct. Blue Diamond to Lead Phillips Sale
Tiffany ring has high estimate of $2.5 million.
13 Nov 2019 Gia Id 100 Machine Tw Banner
Diamond Industry Stock Report

Shares in Macy’s (-7%) and J.C. Penney (-7%) fell after they reported a drop in quarterly sales. Other retail stocks also declined, with Chow Sang Sang (-2.9%), Luk Fook (-1.2%), LVMH (-2.5%) and Pandora (-2.7%) all losing ground. Miners saw an improvement, as Lucapa (-1.6%) and Petra (-1.2%) slipped only slightly, while Mountain Province (+6%) rose.

Rapnet Trade Wire
Trade Wire Square 29 Oct 19 Almor
2019 Nov 3 Comp Edge 300X300Px Final
300X300 Cover
Contact Us
Facebook  Twitter  LinkedIn  Google+  RSS  Email
© Copyright 2019 Martin Rapaport. All Rights Reserved.
Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Similar Articles
Rapaport TradeWire April 29, 2021
Apr 29, 2021
Industry Retail Mining General Finance April 29, 2021 RAPAPORT MARKET COMMENT Diamond markets mixed.
Rapaport TradeWire April 1, 2021
Apr 01, 2021
Industry Retail Mining General Finance April 1, 2021 RAPAPORT MARKET COMMENT Diamond market quiet during
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.