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India: Chinese New Year Offering Some Optimism

As of January 23

Jan 23, 2020 10:57 AM   By Rapaport News
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Polished slower than usual for this time of year. Dealers worried about repeat of 2019 diamond glut as they anticipate influx of rough following large De Beers and Alrosa January sales. Chinese New Year offering some optimism for suppliers. Local Indian jewelry market weak amid tight liquidity and high gold prices.

Round  
-1 point: Good demand: $300-$650 whites.
  Fair demand: $150-$250 whites.
-2 point: Fair demand: $250-$400 and $150-$200 whites.
2-7 point: Fair demand: $250-$400 and $150-$200 whites.
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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