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India: Polished Production Low

As of September 12

Sep 12, 2019 10:57 AM   By Rapaport News
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Market for 0.30 to 0.40 ct. stabilizing due to lower production. Buyers looking to fill specific requests rather than build inventory. Fewer dealers than usual going to Hong Kong show due to ongoing protests and drop in Chinese wholesale demand. Suppliers focused on 0.30 to 1 ct., D-H, VS-SI goods. Manufacturers maintaining low polished production but starting to consider rough purchases before Diwali break, which begins on October 27.

Round  
-1 point: Good demand: $300-$650 whites.
  Fair demand: $150-$200 whites.
-2 point: Fair demand: $150-$200 and $250-$400 whites.
2-7 point: Fair demand: $150-$200 and $250-$400 whites.
8-18 point: Fair demand: $350-$600 whites.
20 points: Fair demand: +$400 whites.
25 points: Good demand: +$450 whites.
33 points: Good 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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