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De Beers sorting
De Beers Lets Clients Delay Rough Purchases
De Beers loosened its purchasing requirements for roughbuyers at last week’s sight in an effort to ease the oversupply affecting the diamond market.Sightholders have struggled to reduce their inventories due to an imbalance of stocks and weak polished demand....
Mining Jul 28, 2019 Joshua Freedman
Stornoway 150
Stornoway Prices Continue to Fall
Rough prices slumped for Stornoway Diamond Corporation inthe second quarter, as market weakness dented demand for the miner’s range ofgoods. The average price of the company’s sales slid 18% to $76 percarat in the...
Mining Jul 11, 2019 Rapaport News
A rough diamond
Rough Prices Set for Slump – Analyst
Rough-diamond prices are likely to fall 5% this year asweakness in the industry continues, Panmure Gordon analyst Kieron Hodgson haspredicted. The investment bank has lowered its expectations for themarket, having previously forecast price...
Rough Markets Jul 08, 2019 Rapaport News
Sotheby's 102.34 carat 2018
Why the Market for Large Diamonds Is in Free Fall
As the who’s who in the glitzy world of high-valuediamond auctions gathered in Geneva in May, there was an understated tone tothis year’s pilgrimage to the Swiss city. While Sotheby’s and Christie’s playedup their offerings of magnificent jewels,...
Polished Markets Jul 02, 2019 Joshua Freedman
Polished diamonds
Midstream Struggling as Diamond Prices Soften
RAPAPORT PRESS RELEASE, June 5, 2019, LasVegas … Diamond markets are under pressure as profit margins have tightenedand the trade war with China has fueleduncertainty. US jewelry sales arerobust, but the midstream is not profitableenough...
Polished Markets Jun 05, 2019 Rapaport
Gahcho Kué
Analysts Expect Flat Rough Prices in 2019
Rough-diamond prices will remain sluggish this year as themarket challenges that arose in the second half of last year are set to continue,two investment banks have warned.Prices are likely to drop 1% to 2% in the first half of2019,...
Rough Markets Mar 28, 2019 Rapaport News
Basel
Basel to Drop Prices by up to 30%
Baselworld will reduce booth prices by 10% to 30% at next year’sshow and move diamond dealers to a more attractive location, organizers have confirmed. Management will reopen Hall 2, which was empty at the 2019show, and place...
Polished Markets Mar 27, 2019 Rapaport News
De Beers for the NewsBrief
De Beers Sales Slump Amid Market Weakness
De Beers’ rough-diamond sales slowed in January as adisappointing holiday season piled further pressure on the midstream. Proceeds fell to $505 million at the first sales cycle ofthe year, 25% lower than the $672 million it sold...
Rough Markets Jan 29, 2019 Joshua Freedman
Lucapa 46ct pink
Lucapa Predicts Premium from Angola Reforms
Angola is set to host its first diamond sale under newrules designed to improve transparency and prices.Sodiam, a state-owned diamond-marketing company, will this month offerseven large stones from Lucapa Diamond Company’s Lulo mine, including...
Rough Markets Jan 14, 2019 Joshua Freedman
Diamond Foundry
Diamond Foundry Hikes Output, Prices
Diamond Foundry is increasing its production more than tenfoldand raising wholesale prices 15%, as it predicts an uptick in demand forlab-grown diamonds. The company believes there is a shortage ofsynthetic-diamond supply while consumer interest in the product is rising....
Polished Markets Jan 09, 2019 Joshua Freedman
De Beers
De Beers Cuts Prices of Cheaper Rough
De Beers significantly reduced prices of lower-quality rough diamonds at this week’s sight in response to a slowdown in the Indian manufacturingsector, dealers reported. Prices fell by high-single-digit percentages versus theprevious sale, sightholders told Rapaport News Tuesday. The...
Rough Markets Nov 13, 2018 Joshua Freedman
Fancy Color
Prices Rise for Pink and Blue Diamonds
Pink and blue fancy-color diamonds saw price increases inthe third quarter, while yellows dipped, according to the Fancy Color ResearchFoundation (FCRF).The organization’s Fancy Color Diamond Index for pinks grew0.4% versus the...
Polished Markets Nov 01, 2018 Rapaport News
De Beers rough
De Beers Raises Rough Prices Again
De Beers sold $550 million worth of goods at its May salescycle as strong consumer demand boosted the rough-diamond market.The miner raised prices for the third consecutive sight amidthe strong demand, with the emphasis...
Rough Markets May 22, 2018 Joshua Freedman
Petra 26ct Blue Jan 2014
Blue Diamond Scarcity Drives Price Rise
Blue diamond prices climbed in the third quarter due tolower supply, according to the Fancy Color Research Foundation (FCRF).The price of fancy blue diamonds grew 4.7% year on year in the three months ending September...
Retail Nov 07, 2017 Rapaport News
Alrosa polished 2
Diamond Prices Slide in August
RAPAPORT PRESS RELEASE, September 5, 2017, New York… Diamondprices remained under pressure with slow trading during the August vacationperiod. Liquidity and profitability tightened duringthe summer, but suppliers are optimistic that trading...
Polished Markets Sep 05, 2017 Rapaport
Sothebys Sky Blue Diamond on hand
Blue Tops Fancy-Color Market
Prices of fancy blue diamonds performed better in the secondquarter than the entire fancy-color market combined, as supply shortages andsolid Asian demand kept prices stable, the Fancy Color Research Foundation(FCRF) said Monday.The FCRF’s...
Polished Markets Aug 07, 2017 Rapaport News
Gahcho Kue
Gahcho Kué Prices Lower than Expected
Mountain Province’s share of production from the new GahchoKué diamond mine in Canada amounted to 424,830 carats in the first quarter,though the company reported lower sale prices than anticipated.The Toronto-based miner held three sales...
Mining Apr 26, 2017 Rapaport News
U.S. New york
U.S. Jewelry Sales Rise Amid Higher Prices
U.S. jewelry sales increased last year while prices also climbed,government data showed. Sales grew 4.8 percent to $71.44 billion in 2016, data fromthe Bureau of Economic Analysis showed. Watch sales jumped 5.3 percent...
Retail Jan 31, 2017 Rapaport News
Jewelry Prices
U.S. Jewelry Prices Decline
The U.S. consumer price index (CPI) for jewelry declined 3 percentin November from the previous month, according to theBureau of Labor Statistics. The index, which is not seasonally adjusted, remains 9 percent above its level...
Retail Dec 19, 2016 Rapaport News
De Beers Jwaneng truck
De Beers Slashed Rough Prices 5% in 2016
De Beers said its rough diamond prices fell 5 percent this year even as the diamond market showed signs of a vast improvement. Diamond prices declined from January to November, while prices of other commodities in the conglomerate’s...
Rough Markets Dec 08, 2016 Rapaport News
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