To je jak se zlatem... ale naivního fanoušků bude pořád dost, jako tady

RAPAPORT
Market Comment

September 7, 2023
News: Decline in diamond prices intensifying due to high inventories. 1 ct. RAPI -4.7% in August; 0.50 ct. -8.6% in record monthly drop. Indian suppliers offering deep discounts and willing to take losses. GJEPC pushing for miners to reduce rough sales. Weak outlook for holiday season as synthetics take market share. Low expectations for Hong Kong show amid China economic slump. Industry discusses proposal for keeping Russian diamonds out of G7. GIA lays off 20% of Carlsbad employees. Gem Diamonds 1H revenue -28% to $72M, average price -21% to $1,373/ct. Martin Rapaport Webinar “Warning to the Diamond and Jewelry Trade” on Sept. 13 at 10 a.m. EDT (register here).

Fancies: Market slower than before. Prices falling, but less sharply than for rounds. Longer Ovals, Pears, Radiants and Cushions bringing higher prices than shorter stones. Goods with medium and short ratios weak. Prices of square Cushions falling amid low demand and high inventories. Marquise prices holding up following drop in supply. 0.30 ct. doing well. Orders low for 0.70 to 1.20 ct. diamonds. VS-SI losing strength, except in 1.20 to 1.49 ct. Well-cut stones seeing shortages. Excellent shapes commanding premiums. Retailers offering broader product ranges as consumers seek alternative cuts. Oversizes trading at higher prices than usual. Off-make, poorly cut fancies illiquid and hard to sell.

United States:

Consumer market mixed ahead of holidays. Middle America’s spending still weak; high end stronger. 1 to 2 ct. diamonds slow due to competition from synthetics. 3 ct. and larger doing better. Companies can make money on new goods by buying cheap. Slowdown in India has enabled larger buyers to get better payment terms from manufacturers.

Belgium:

Morale low as prices drop and synthetics expand their market share. Demand for 1 to 4 ct. diamonds weak. Future of G7-wide sanctions on dealers’ minds as industry considers ways to sideline Russian goods.

Israel:

Activity subdued, with dealers limiting their purchases amid slow demand. Prices continue negative trend. August polished exports down 4% year on year at $260.1 million, Ministry of Economy and Industry reports.

India:

Sentiment weak amid muted sales. Polished inventories bloated despite lower production. Industry leaders planning to ask miners to reduce supply. Manufacturers continue buying rough to keep workers busy and maintain relationships with mining companies. Better-quality stones moving but at heavily discounted prices. Suppliers have low expectations for Hong Kong show, as Chinese demand has not recovered. Synthetics a constant worry.

Hong Kong:

Market steady but quiet ahead of important Jewellery & Gem World Hong Kong show (September 18 to 24). Jewelry manufacturers starting to receive some orders, but Chinese economy mostly slow. Local engagement-ring demand supporting market, with stable interest in 1 ct., D-G, VS diamonds. Shortage of eye-clean, non-BGM SIs is pushing buyers toward VS qualities. Consumers purchasing more gold than diamonds.

RAPAPORT
Market Comment
September 28, 2023
News: TRADE WARNING: DIAMOND PRICES UNDER EXTREME PRESSURE AND FALLING AS INDIAN TRADE CALLS FOR VOLUNTARY HALT OF ROUGH IMPORTS. Market waiting for De Beers’ reaction. Surat manufacturers slashing production and planning extended Diwali break. China slow, with concerns about mainland economy after real-estate giant Evergrande misses bond payment. Synthetics gaining popularity in China as shoppers shift to lower price points. Lucara terminates HB supply deal. Diamond-jewelry demand flat at $86.5B in 2022, De Beers estimates. AWDC president David Gotlib resigns. Rapaport “Warning to the Trade” webinar now online via rapaport.com/warningtothetrade.

Fancies: Fancy market slowing. Prices falling, but less sharply than for rounds. Longer Ovals, Pears, Radiants and Cushions bringing higher prices than shorter stones. Goods with medium and short ratios weak. Prices of square Cushions falling amid low demand and high inventories. Marquise prices holding up following drop in supply. 0.30 ct. doing well. Orders low for 0.70 to 1.20 ct. diamonds. VS-SI losing strength, except in 1.20 to 1.49 ct. Well-cut stones seeing shortages. Excellent shapes commanding premiums. Retailers offering broader product ranges as consumers seek alternative cuts. Oversizes trading at higher prices than usual. Off-make, poorly cut fancies illiquid and hard to sell.

United States:

Short week with Jewish traders off Monday for Yom Kippur. Memo driving the market, as jewelers don’t want to acquire stock. Nice goods in short supply. Brown, green or milky (BGM) diamonds piling up in inventories and losing value.

Belgium:

Dealers losing money and concerned about costs. Trading very quiet amid Jewish holidays. Sluggish diamond sales at Hong Kong show, but more movement in jewelry and gemstones.

Israel:

Bourse quiet during Jewish holiday period. Activity expected to return after Oct. 8, with hope for fourth-quarter improvement.

India:

Sentiment low as companies return from slow Hong Kong show. Manufacturers under financial pressure and concerned about coming months. Polished production declining. Trade organizations ask factories to protect workers during two-month voluntary rough-import freeze. Synthetics impacting real-diamond demand. Domestic market steady ahead of Diwali and busy wedding season.

Hong Kong:

Dealers unhappy after weak Jewellery & Gem World show. Trading slower than at March fair, with weak mainland demand for real diamonds. Chinese buyers were absent or attended only to check prices. Very few sales. Pearls and gemstones did better than diamonds. Chinese real-estate crisis causing negative market outlook.

Americká společnost WD Lab Grown Diamonds, která je druhým největším producentem syntetických diamantů ve Spojených státech, zkrachovala. Stala se tak první velkou obětí rostoucího přebytku v odvětví umělých drahokamů, uvedl list Financial Times.
Kolaps velkého producenta syntetických diamantů však může být i určitou úlevou pro těžařské firmy.
Něco podobného už bylo s korundem. Pokud se dá syntetický odlišit od přírodního, tak, tak nebude drahý. Stejné je to u kopií mincí.

Nakoľko nie je dostatočné množstvo prírodných drahokamov určitých odrôd potrebnej kvality dôležitých pre elektroniku atď., syntetickým kameňom bude venovaná stále vysoká pozornosť ohľadne výroby a zdokonaľovaniu pre ich vodivé a optické vlastnosti...

Tento segment priemyslu hoci laickej čitateľskej verejnosti sa to nemusí javiť ako potrebné pre život, ale zamestnáva mimoriadne vysoko kvalifikovaný personál.

Málokto si uvedomuje, výrobky tohto segmentu denno denne používa skoro každý.😉

a proto zkrachovali...😃

Zkrachovali proto, že vyráběli draho. Výrobu zvládly i další firmy a došlo k poklesu cen. Pro průmyslové použití je to dobrá zpráva.

Výskum a výroba syntetických diamantov hoci cez súkromné firmy bola skrytá podpora štátov hodne dlhodobo nevedeli nad carat v IF kvalite vyrobiť a stať pre svoje potreby armády potrebuje ďaleko väčšie kamienky...
Samozrejme ešte hafo iných odrôd vysokej kvality.

RAPAPORT
Market Comment

October 19, 2023
News: Industry mourns Israel bourse members and their families who were killed in Hamas attacks and ongoing war. Global trading quiet; prices continue to fall. US market preparing for holiday season. India voluntarily freezes rough imports from Oct. 15. G7 discussing options for Russian diamond ban. Rapaport to release US Diamond Protocol next week in opposition to WDC G7 Protocol. Ukraine government agency removes India’s SRK from “war sponsor” list. WD Lab Grown files for bankruptcy, estimates $44.8M in liabilities. Petra rough-tender prices -17% from previous sale. Rio Tinto 3Q production -37% to 757,000 cts. Hong Kong jeweler TSL projects $6.4M 1H loss and warns about weak China market.

Fancies: Fancy market slowing. Prices falling, but less sharply than for rounds. Longer Ovals, Pears, Radiants and Cushions bringing higher prices than shorter stones. Goods with medium and short ratios weak. Prices of square Cushions falling amid low demand and high inventories. Marquise prices holding up following drop in supply. 0.30 ct. doing well. Orders down for 0.70 to 1.20 ct. diamonds. VS-SI losing strength, except in 1.20 to 1.49 ct. Well-cut stones seeing shortages. Excellent shapes commanding premiums. Retailers offering broader product ranges as consumers seek alternative cuts. Oversizes trading at higher prices than usual. Off-make, poorly cut fancies illiquid and hard to sell.

United States:

Retailers preparing for holiday season, which usually starts over Thanksgiving weekend. Commercial melee prices stable for VS and SI but declining for collection (D-F, VVS) qualities. Matching-layout services seeing gradual uptick in business as more retailers request finished jewelry sets. Memo sales improving, with dealers satisfied that shipments are translating into purchases.

Belgium:

Rough market very quiet as Indians reduce buying due to import halt and festive season. Polished market slow amid buyer caution. AWDC appoints Isidore Mörsel as president. Trade preparing for G7 ban on Russian rough.

Israel:

Activity slow as industry focuses on war and shifts to working from home due to family responsibilities. Many worried about relatives serving in the army. Overseas dealers unlikely to arrive during next few weeks. Companies looking to operate internationally due to drop in domestic business.

India:

Two-month voluntary ban on rough imports began Oct. 15. Overseas sales weak. Domestic market steady amid festive season and wedding preparation. Polished production low. Factories closing for extended break during Diwali holiday period.

Hong Kong:

Consumers favoring gold over diamonds. Market very quiet despite expectations that demand would pick up after September show. More dealers and buyers showing interest in synthetic diamonds. Rebound in tourism reigniting retail business.

RAPAPORT
Market Comment
October 26, 2023
News: Rapaport US Diamond Protocol for restricting US imports of sanctioned Russian diamonds will be released Tuesday, Oct. 31, on rapaport.com/sanctions. US retailers finalizing purchases before India’s Diwali holiday, which begins Nov. 12. Weak demand at De Beers sight amid Indian freeze on rough imports. De Beers 3Q sales -19% to 7.4M cts., production -23% to 7.4M cts. Botswana president warns of growing threat from synthetic diamonds, calls them microwave diamonds.

Fancies: Fancy market slowing. Prices falling, but less sharply than for rounds. Longer Ovals, Pears, Radiants and Cushions bringing higher prices than shorter stones. Goods with medium and short ratios weak. Prices of square Cushions falling amid low demand and high inventories. Marquise prices holding up following drop in supply. 0.30 ct. doing well. Orders down for 0.70 to 1.20 ct. diamonds. VS-SI losing strength, except in 1.20 to 1.49 ct. Well-cut stones seeing shortages. Excellent shapes commanding premiums. Retailers offering broader product ranges as consumers seek alternative cuts. Oversizes trading at higher prices than usual. Off-make, poorly cut fancies illiquid and hard to sell.

United States:

Jewelers focusing on holiday season, with expectations for decent but not great sales. Retailers buying on memo. Round, 1 to 2 ct., H-J, SI2-I1 goods under pressure from synthetics. Fancy shapes doing better. Dealers looking for bargains as Indian manufacturers reduce prices and get ready to close for Diwali.

Belgium:

Some movement in VS and higher clarities; SIs weak. Fancy shapes stable. Demand focusing on 3X goods with no fluorescence. Rough sector slow. Traders hope India’s two-month moratorium on rough imports will help global market.

Israel:

Bourse quiet amid Gaza war. Small companies struggling. Market slow and prices falling. Industry members mourning relatives and friends lost in Hamas terror attacks and ongoing fighting.

India:

Surat factories preparing to shut for Diwali, but sales offices likely to remain open. Some orders for VVS and VS goods following price drop. Domestic consumers supporting market during wedding and festive season. Sentiment weak as sellers reduce prices to close deals. Lab-grown impacting demand for natural diamonds

Hong Kong:

Market quiet as regional economy remains weak. Prices on downward trend; sales difficult. Moderate pickup in local consumer demand ahead of holidays and as government stimulates spending. Mainland demand sluggish.