Index Reports  18/01/2010
Free Registration Polished markets remain quiet


 

In the second week after the Christmas holiday break, the polished markets remained relatively quiet.

Daily Index levels

Level

Daily Change

Monday 11/01

114.8

1.0%

Tuesday 12/01

116.8

1.8%

Wednesday 13/01

115.4

-1.3%

Thursday 14/01

115.3

0.0%

Friday 15/01

114.6

-0.6%

Monday 18/01

114.6

0.0%

Weekly Index

The main PolishedPrices index fell slightly over the week, opening at 114.6 points on Monday, down 0.2% compared to previous week’s opening. The index is currently 2.8% lower than a year ago, but has risen 8.1% from last April’s low.

Better quality 1.0 carat diamonds were in strong demand during the week, with the Fine category rising 5.2%. Commercial qualities rose 5.6%.

The weakest of the benchmark categories during the week were Mixed 1.0 carats, which slipped 5.5%.

Benchmark groupings PolishedPrices Index.

Current Levels

2010 Low

2010 High

Index

Jan 04

=100

Change from week ago

Change from

year ago

Index

Date

W/E

Index

Date

W/E

Year to date change

Overall

114.6

-0.2%

-2.8%

113.1

05-Jan

116.8

11-Jan

0.4%















1 ct

Fine

123.9

5.2%

13.9%

117.4

04-Jan

123.9

17-Jan

4.1%

Commercial

119.0

5.6%

0.8%

111.8

06-Jan

121.8

13-Jan

2.2%

Mixed

144.1

-5.5%

-5.2%

135.9

05-Jan

156.1

06-Jan

3.5%













0.5 ct

Fine

109.1

-5.0%

-3.1%

107.3

04-Jan

123.8

11-Jan

-0.2%

Commercial

97.6

-3.7%

-9.7%

97.5

06-Jan

101.4

10-Jan

-0.6%

Mixed

91.7

0.0%

-4.4%

91.7

13-Jan

92.0

03-Jan

-0.3%













0.3 ct

Fine

111.8

-4.3%

-4.8%

111.8

17-Jan

118.4

11-Jan

-3.4%

Commercial

115.7

-0.8%

-5.3%

112.7

06-Jan

119.2

11-Jan

1.3%

Mixed

106.9

0.1%

1.7%

106.3

03-Jan

106.9

17-Jan

0.6%

The definitions of our groupings are:

Fine: goods better than I colour and VS2 and above.

Commercial: K SI3 and above, excluding the Fine category, and

Mixed: the rest down to M I3.

The weightings used in the calculation of these indices are chosen to reflect world production. Please contact us if you would like to see details of the weightings used, or would like to see the information grouped differently.