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India: Sales Encouraging During Festival

As of November 8

Nov 8, 2018 10:58 AM   By Rapaport News
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Market very quiet, with most businesses closed for Diwali. Factories expected to stay shut for two to four weeks, as dealers are stuck with large inventories over the break. Jewelers report encouraging sales during the festival, boosted by lower gold prices due to weak rupee.

Round  
-1 point: Very good demand: $300-$650 whites.
-2 point: Fair demand: $250-$350 whites and $150-$200 white Natts.
2-7 point: Fair demand: $250-$350 whites and $150-$200 white Natts.
8-18 point: Fair demand: $350-$600 whites.
20 points: Fair demand: +$500 whites.
25 points: Good demand: +$500 whites.
33 points: Good demand: +$700 whites.
  Fair demand: -$700 whites.
50 points: Good demand: +$1000 whites.
  Fair demand: -$1000 whites.
75 points: Fair demand: +$1000 whites.
1 carat+: Good demand: +$2000 whites and lower colors.
  Fair demand: $1200-$2000 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-$550 whites.
+7-18 point: Fair demand: $500-$800 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+: Good 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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