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India: Manufacturers Concerned Polished Prices Will Soften

As of February 13

Feb 13, 2020 10:57 AM   By Rapaport News
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Sluggish market in absence of China and Hong Kong-based buyers. Demand down but suppliers maintaining steady prices for now. Manufacturers concerned polished prices will soften as coronavirus’s impact on business spreads. Inventory levels rising again due to China slowdown and strong rough buying in Dec.-Jan. Purchase of commercial-quality rough cautious at start of Alrosa Alliance sale.

Round  
-1 point: Good demand: $300-$650 whites.
  Fair demand: $150-$250 whites and white natts.
-2 point: Fair demand: $250-$400 and $150-$200 whites and white natts.
2-7 point: Fair demand: $250-$400 and $150-$200 whites and white natts.
8-18 point: Fair demand: $350-$600 whites.
20 points: Fair demand: +$400 whites.
25 points: Fair demand: +$450 whites.
33 points: Good demand: +$700 whites.
  Fair demand: $400-$700 whites.
50 points: Good demand: +$800 whites.
  Fair demand: $500-$800 whites.
75 points: Fair demand: +$1000 whites.
1 carat+: Good demand: +$1500 whites and top shades.
  Fair demand: $1000-$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: $900-$1,200 whites.
1 carat+: Fair demand: +$1,500 whites.
   
Marquise  
-6 point: Fair demand: $400-$500 whites.
+7-18 point: Fair demand: $500-$700 whites.
20 point: Fair demand: $300-$500 whites.
25 point: Fair demand: $350-$550 whites.
33 point: Fair demand: $600-$900 whites.
50 point: Fair demand: $800-$1200 whites.
75 point: Fair demand: $900-$1300 whites.
1 carat+: Fair demand: +$1200 whites.
   
Tapers & Baguettes  
  Fair demand: $300-$400 2mm-2.5mm whites.
                        $400-$500 2.5mm-3mm whites.
                        $600-$700 3mm-4mm whites.
                                            $700-$800 4mm-5mm whites.
                        $800-$1,000 +5mm whites.
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