RapNet


Rapaport News

 

Polished Markets

 
Difusión Rapaport
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Búsqueda avanzada
Últimos artículos
Videos
Funciones
Noticias
Minas
Mercados en bruto
Mercados de pulidos
Fabricación
Minoristas

Rapaport Weekly Market Comment

Oct 10, 2019 11:03 AM   By Rapaport News
Print Imprimir Facebook Facebook Twitter Twitter Compartir Share
Diamond market quiet over Jewish holidays. Slight improvement in India ahead of Bharat Diamond Week, with buyers looking for polished before Diwali break (Oct. 27). Shortages in RapSpec A3+, nonfluorescent goods as manufacturers maintain low production. China retail sales +8.5% during Oct. 1 Golden Week. Luxury brands shifting high-ticket items from Hong Kong to Shanghai stores. LVMH 3Q jewelry & watch sales +8% to $1.24B. Sotheby’s HK sells $38M, with 10.64 ct., purplish-pink, IF diamond selling for $19.9M ($1.9M/ct.); auction also reflected sluggish big-stone market as 80.88 ct., D, FL diamond fails to sell. Rapaport offices will be closed on Oct. 14-15 for the Jewish holidays.

Fancies: Fancy shapes soft, reflecting slowdown in overall demand. High-end collection goods weak, as dealers and consumers are shifting to lower price points. Some brands with bespoke requests are paying a premium for rare items and well-made fancies. Ovals for fashion jewelry moving well, especially 1.50 and 2 ct., G-H, VS and H-K, SI2. Marquises and Princesses weak despite reduced manufacturing. US sustaining market for commercial-quality, medium-priced fancies under 1 ct. Chinese consumers seeking fancy shapes at better prices. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

Rapaport News will resume publication of the country market comments after the Jewish holiday period.
Etiquetas: Rapaport News
Artículos similares



Llámenos: 1-702-893-9400
Member License Agreement   Reglamento y Código de Conducta de RapNet    Política de privacidad  
  
twitter twitter
Acerca de Rapaport
Anuncie con nosotros