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India: Market Still Not Fully Operational

As of November 7

Nov 7, 2019 10:57 AM   By Rapaport News
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Mumbai market still not fully operational as dealers return from Diwali vacation. Surat factories closed for another week or two.Dealers focused on filling US orders and select demand from China. Shortage of top-quality SIs due to reduced manufacturing. Cutters hoping for better profit margins after Diwali break following De Beers rough price cuts.

Round  
-1 point: Good demand: $300-$650 whites.
  Fair demand: $150-$250 whites and white naats.
-2 point: Good demand: $250-$475 whites.
  Fair demand: $150-$200 whites and white naats.
2-7 point: Fair demand: $250-$400 whites and $150-$200 whites and white naats.
8-18 point: Fair demand: $350-$600 whites.
20 points: Fair demand: +$400 whites.
25 points: Good demand: +$400 whites.
  Fair demand: -$300 whites.
33 points: Good demand: +$500 whites.
  Fair demand: -$400 whites.
50 points: Good demand: +$800 whites.
  Fair demand: -$800 whites.
75 points: Fair demand: +$1000 whites.
1 carat+: Good demand: +$1500 whites and top shades.
  Fair demand: -$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-$750 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: $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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