Commercial goods are still heavily influencing the index. Combined with low market volumes and a mid-week dip the overall PolishedPrices index struggled to turn around and finished the week down.
Daily Index levels
Level
Daily Change
Monday 25/02
139.0
0.1%
Tuesday 26/02
139.6
0.4%
Wednesday 27/02
139.1
-0.3%
Thursday 28/02
137.5
-1.2%
Friday 01/03
137.7
0.2%
Monday 4/03
137.9
Weekly Index
The main PolishedPrices index opened down 0.8% from the previous week on Monday at 137.9 points. The overall index has lost 9.8% since this time last year and lost 1.1% since the start of 2013.
The strongest performers on the index were Commercial 0.3 carats, which gained 2.6% over the previous week.
Commercial and Mixed 1.0 carats suffered the most significant losses over the past week, dropping 4.0% and 2.5% respectively.
Benchmark groupings PolishedPrices Index
Current Levels
2013 Low
2013 High
Index Jan 04=100
Change from week ago
Change from year ago
Index
Date
Year to date change
Overall
-0.8%
-9.8%
136.6
03-Jan
142.2
17-Feb
-1.1%
1 crt / 4gr
Fine
152.3
-4.1%
140.3
29-Jan
153.9
14-Feb
-2.3%
Commercial
137.0
-4.0%
-14.3%
132.5
156.5
17-Jan
1.1%
Mixed
170.3
-2.5%
-10.9%
164.8
27-Jan
181.4
24-Jan
-5.7%
0.5 crts / 50 pts
130.9
-8.0%
114.3
135.0
21-Jan
-1.6%
119.7
-10.6%
106.9
127.5
-0.6%
110.5
-0.2%
-12.7%
03-Mar
116.9
-4.6%
0.3 ctrs/ 30 pts
122.8
-1.0%
-1.3%
116.3
125.3
11-Feb
1.2%
144.9
2.6%
3.2%
139.8
21-Feb
147.7
-1.7%
128.2
-3.2%
27-Feb
134.4
-1.5%
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.