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India: Market Still Slow

As of July 18

Jul 18, 2019 10:57 AM   By Rapaport News
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Fewer transactions than this time last year, despite strong foreign-dealer presence in Mumbai. Buyers looking for bargains amid rumors of tight liquidity and financial distress. 0.30 ct. diamonds selling in parcels since prices of certified goods have declined. GIA has reduced grading fees for 0.30 by 10%. Solid demand for SI1-I2 parcels. Manufacturers maintaining low polished production.

Round  
-1 point: Good demand: $300-$650 whites.
  Fair demand: $150-$200 whites.
-2 point: Fair demand: $250-$375 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: +$500 whites.
33 points: Fair demand: +$500 whites.
50 points: Good demand: +$800 whites.
  Fair demand: -$800 whites.
75 points: Fair demand: +$1000 whites.
1 carat+: Good demand: +$1500 whites.
  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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