News

Advanced Search

Rapaport TradeWire January 3, 2019

Jan 3, 2019 10:41 AM   By Rapaport
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
8 July 2018 Igi Tw Top Banner
Rapaport TradeWire
January 3, 2019
RAPAPORT MARKET COMMENT
image

Happy New Year! Diamond trade ends relatively good year with 1 ct. RAPI +0.7% despite weak 2H. Diamond manufacturers cautious amid expectations of continued midstream consolidation due to bankruptcies and mergers. Dealer market quiet over New Year holiday. Polished suppliers start 2019 with high inventory of small goods up to 0.30 ct. Total diamonds listed on RapNet +24% year on year to 1.5M on Jan. 1. Positive US holiday season sees strong store and web traffic. Retail outlook optimistic, boosted by tax reforms and low unemployment, but stock-market volatility, higher interest rates and US-China trade tariffs may slow luxury spending. 

30 Dec 2018 Delgatto Trade Wire Banner V4
RAPNET DIAMOND INDEX (RAPI)
image
Weekly Monthly Y2Y
0.30 ct -0.07% -3.90% -1.21%
0.50 ct -0.52% -1.51% 2.55%
1.00 ct -0.47% -1.25% 0.39%
3.00 ct -0.37% -2.82% -3.85%
RAPI Yearly Graph
Trade Wire 600X160 April 2018
Market Reports
image
United States: Trading expected to increase in January following decline in inventory levels during holiday season...
image
Belgium: Dealers assessing first-quarter inventory needs before bourses reopen on January 7...
image
Israel: Cautious outlook for the year amid consolidation and rumors of layoffs...
image
India: Manufacturers raising polished production, but wary due to high inventory levels...
image
Hong Kong: Jewelry manufacturing steady, with orders from the US and China staying strong despite trade war...
image
Gia Tw Banner E 31 May 2018
Diamond Trade Records Cautious Growth in 2018

Polished prices edged up in 2018, mainly due to a strong first half, though the US-China trade war and volatile stock markets injected uncertainty in the final six months. The latest issue of the Rapaport Research Report outlines steps the industry must take to stimulate growth in the years to come.

UPS AND DOWNS
image
Angola to Open Multipurpose Diamond Hub
image
New Bourse Certification Should Boost Surat Exports
image
Central African Republic Rough Output Slumps
image
Zimbabwe Panel Urges Govt. to Reinstate Banned Miners
image
Isde 30 Dec 2018 Tw Banner Gif
WEEKLY NEWS
industry
image
News Thumbnail
Four Trends from a Tough Year for Stocks
Diamond-related shares slumped amid the global rout, with few exceptions.
News Thumbnail
Crimes of the Times: 2018’s Biggest Jewel Heists
Royal thefts top the list.
News Thumbnail
Graph Diamonds: The Year in 5 Telling Charts
These data visualizations tell the story of 2018 for the industry.
News Thumbnail
Hong Kong Jewelry Exports Face Slowdown
Sluggish economic growth could hit business, trade body warns.
News Thumbnail
Adamas Acquires Synthetics Producer Scio
Buyer to pay $3.3 million to cover CVD firm’s secured debt.
retail
image
News Thumbnail
Roberto Coin Jade Line Pulled from Macy’s
Move follows allegations the designer used gem certification unlawfully.
News Thumbnail
Damiani Family to Buy Out Namesake Jeweler
Founders plan to delist luxury Italian supplier.
News Thumbnail
TrueFacet Looks to Raise $10M from Investors
Pre-owned watch-and-jewelry marketplace has already amassed more than $7 million.
News Thumbnail
De Grisogono Hires Piaget Exec as CEO
Céline Assimon will manage brand development and product expansion.
mining
image
News Thumbnail
Gem Diamonds Signs Off 2018 with 125ct. Find
Stone is the 15th over 100 carats miner recovered during the year.
general
image
News Thumbnail
India Aims to Promote Its Jewelry in UAE
GJEPC partners with metals group to boost interest in nation’s goods.
News Thumbnail
Nilesh Sheth to Continue as IDCA President
New York-based group reelects Nice Diamonds chief.
News Thumbnail
Rare Opal Contains Trapped Insect
Animal may have been stuck in amber that was later opalized.
Dec 13 2018 Tw Banner E
FINANCE
Diamond Industry Stock Report
image

Retail stocks rebounded this week after a December slump, with J.C. Penney (+12%), Signet (+9%), Tiffany (+7%), Macy’s (+5%) and Walmart (+5%) all rising. Petra Diamonds (+22%) and Stornoway Diamond (+8%) both increased, though other miners were mainly flat. Chow Sang Sang (-6%) and Chow Tai Fook (-1.9%) fell following disappointing Chinese manufacturing data and a warning from Apple about a slowdown in the region.

Rapnet Trade Wire
Tradewire Square Melee Single Stone January 2019
300X300 Mag Cover 72Dpi
11 Jul 2018 Rap Ac Digital 300X300Px Static
Contact Us
image
Facebook  Twitter  LinkedIn  Google+  RSS  Email
© Copyright 2019 Martin Rapaport. All Rights Reserved.
Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Similar Articles
India ArchIndia: Companies Reducing Prices
Jun 20, 2019
Polished trading relatively quiet for this time of the year. Some companies reducing prices to boost
Rapaport TradeWire June 13, 2019
Jun 13, 2019
Industry Retail Mining General Finance June 13, 2019 RAPAPORT MARKET COMMENT Disappointing Las Vegas
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.