Rapaport Weekly Market Comment

Aug 2, 2018 10:59 AM

TRADE ALERT: New US Federal Trade Commission guidelines still require full disclosure for lab-grown diamonds. While the FTC expanded the definition of the word “diamond” to include synthetics, it continues to restrict the use of the word “diamonds” to natural diamonds unless it is immediately preceded by a phrase that clearly discloses the product is not a mined diamond. News: Trading centers quiet, with Antwerp and Israel shutting for summer vacation. Polished prices soften in seasonal slowdown, with 1 ct. RAPI -0.4% in July. Rough premiums cool to 4% after $530M De Beers sight. Rio Tinto 1H diamond sales -5% to $323M. Swatch Group pulls out of Baselworld 2019.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Slow polished trading. New York JA and Antique shows didn’t attract much attention. Inventory levels rising, with dealers hoping for strong improvement during fourth-quarter holiday season. Stable demand for dossiers. Upward trend in cushion brilliants, as jewelers focus on bridal during summer wedding season.

Belgium: Very little activity, with most diamantaires on summer vacation. Bourses closed from July 30 to August 20. Some Antwerp-based Indian dealers in Mumbai looking for goods.

Israel: Trading seasonally quiet as dealers prepare for summer break. Bourse to close from August 5 to 17. Steady orders for 1 ct., F-H, VS1-SI1, RapSpec A2+ diamonds, with prices firming. Rising inventory of 0.30 to 0.49 ct., D-F, IF-SI2s. Concern about synthetics fraud after bourse member suspended for diamond swapping.

India: Some improvement as other trading centers take vacation. Buyers from China, Belgium, Israel and US in Mumbai looking for goods. Low expectations for next week’s IIJS show (August 9 to 13), amid stagnant domestic demand due to weaker rupee. Manufacturing margins squeezed after rough prices rise 4% in first half, while polished softened during July quiet. Rough trading slows after De Beers sight.

Hong Kong: Stable market. Dossiers selling better than 1 ct. and larger, reflecting sales in retail sector. 0.30 to 0.50 ct. are strongest sizes. Buyers shifting to lower J-M colors. Buyers cautious due to yuan depreciation, waiting for September Hong Kong show to assess prices. Retail sentiment positive after strong first-half growth, but some concern about impact of US-China trade tensions.

Rapaport Weekly Market Comment

Aug 9, 2018 10:59 AM By Rapaport News

Mumbai IIJS show opens to busy jewelry section, due to pent-up demand after India’s 2Q gold jewelry sales -8% to 147.9 tonnes, according to the World Gold Council. Diamond halls quiet, with larger companies displaying finished pieces rather than loose stones. Global markets slow and still in vacation mode. Some improvement in US, with retailers focused on custom bridal pieces during summer wedding season. Samuels Jewelers files Chapter 11, with liabilities of $100M to $500M. Titan 1Q revenue +9% to $652M, profit +38% to $48M. Letšeng 2Q average price +33% to $2,742/ct. Karowe 2Q average price -39% to $782/ct. René Kamm resigns as MCH Group CEO after Swatch exits Baselworld.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Dealers more active than before vacation. Positive sentiment, with buyers focused on specific orders. Steady demand for 1 ct., G-H, VS-SI, RapSpec A3+ diamonds. Retail sales stable as consumer confidence edges up in July, according to the Conference Board. Larger independents and established brands driving growth.

Belgium: Market very quiet, with bourses officially closed and most dealers on vacation until August 20. Optimism for good trading after the break.

Israel: Very little going on, with bourse closed until August 19. Dealers focused on preparing inventory for the September Hong Kong show.

India: Local traders concentrating on IIJS show, which started Thursday (August 9). Sentiment mixed amid further bankruptcy rumors. Few foreign buyers in the market, with companies preferring to wait until the Hong Kong fair. Steady demand for 1 ct., G-H, SIs.Rough prices firm, but activity low due to Antwerp dealers being on vacation.

Hong Kong: Polished trading slightly improved. Rising expectations for Hong Kong show, as jewelers have delayed purchases due to seasonally slow summer and weak currency. Dealers shifting to lower-color and -clarity diamonds, reflecting changing consumer trends. Steady demand for 0.30 to 1 ct., G-H, VS1-SI2, 3VG+ diamonds. Retailers eyeing October 1 Golden Week season for next sales boost.

Rapaport Weekly Market Comment

Aug 16, 2018 10:59 AM

Diamond markets quiet and conservative, with dealers in Belgium and Israel returning from vacation next week. Diamantaires hoping September Hong Kong fair will stimulate stronger 4Q polished trading. IIJS show sees busy gold-jewelry section, but wholesalers cautious as rupee depreciates to INR 70/$1 for the first time. Rough demand stable as cutters prepare for holiday orders. Alrosa July sales +16% to $339M, starts testing ruble payments for rough. Sarine 2Q sales -1% to $18M, profit +28% to $4M. Belgium July polished exports +8% to $1.1B, rough imports +23% to $956M. Tiffany to refurbish 5th Avenue flagship store. De Beers appoints Jim Duffy to head Tracr blockchain program.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Dealers still feeling impact of summer slowdown. Selective demand with suppliers holding prices firm. Steady orders for 1 ct., G-J, VS-SI, 3X goods. Some caution in jewelry retail sector, with lower-than-expected July and August sales. Trade optimistic for fourth-quarter holiday season.

Belgium: Bourses closed for annual summer break and set to reopen next week. Dealers concerned about growing acceptance of synthetics, and are calling for more effective lobbying from industry leadership.

Israel: Trading slow during ongoing vacation period. Dealers working with James Allen note shift in demand to VS from SIs. Good orders on the consumer portal for 0.70 ct., G-H, VVS2-VS1. Weak wholesale market for smaller items up to 0.29 ct., with prices down from three months ago. Businesses preparing for Hong Kong show, seeing stable Chinese interest in 0.50 to 1.99 ct., VVS-VS, K-M diamonds.

India: Activity relatively quiet following last week’s IIJS show. Polished trading slow as expected at the fair, but solid demand for gold and diamond jewelry. Retailers looking for lower price points, with lightweight gold and fancy-shape diamonds proving popular. Dealer sentiment cautious amid ongoing bankruptcy rumors. Manufacturers maintaining steady production ahead of fourth quarter.

Hong Kong: Market improving, with dealers acclimating to weaker yuan currency and higher price points. Recent stock market drop dampening retail sentiment. Dossiers moving well, with stable orders for 0.30 to 0.50 ct. D-H, VS-SI, RapSpec A2+ diamonds. IF-VVS dossiers soft. Lower colors strong, reflecting shift in local demand. Rising expectations for September show.

India Dealing in Higher-Value Diamonds

Aug 22, 2018 11:08 AM

RAPAPORT... India’s polished-diamond exports were boosted by a significant rise in the average price of goods leaving the country, data published by the Gem & Jewellery Export Promotion Council showed. At $812 per carat, the average price achieved in July was a record high for the country, according to Rapaport records. Rough imports also showed strong improvements over last year.

India Diamond Trade Data for July 2018

$ Millions unless stated otherwise July 2018 Year-on-year change

Polished exports $1,840 12%
Polished imports $133 -42%
Net polished exports $1,707 20%
Rough imports $1,666 26%
Rough exports $100 10%
Net rough imports $1,566 27%
Net diamond account $141 -23%

Polished exports: volume (thousand carats) 2,265 -28%
Average price of polished exports ($/carat) $812 55%

January-July 2018 Year-on-year change

Polished exports $14,668 10%
Polished imports $968 -37%
Net polished exports $13,699 16%
Rough imports $11,059 0%
Rough exports $759 -19%
Net rough imports $10,300 1%
Net diamond account $3,399 107%

About the data: India, the world’s largest diamond-cutting center, is a net importer of rough and a net exporter of polished. As such, net polished exports — representing polished exports minus polished imports — will usually be a positive number. Net rough imports — calculated as rough imports minus rough exports — will also generally be in surplus. The net diamond account is total rough and polished exports minus total imports. It is India’s diamond trade balance, and shows the added value the nation creates by manufacturing rough into polished.

Image: Bharat Diamond Bourse

Rapaport Weekly Market Comment

Aug 23, 2018 10:59 AM

Polished trading quiet, with inventory rising after slow summer. Suppliers keeping prices firm, hoping for strong Hong Kong show. Chinese buyers shifting to lower qualities, with steady demand for 3VG goods, as weaker yuan currency squeezes budgets. US demand steady, but consumer sentiment down, reflected in households purchasing fewer big-ticket items, according to University of Michigan. Macy’s and J.C. Penney list jewelry among top sellers in 1H. Rio Tinto opens A21 pipe at Diavik mine. Okavango 1H sales volume -2% to 1.8M cts. India July polished exports +12% to $1.8B, rough imports +26% to $1.7B. Sarine to provide rough-mapping technology to Lucara’s Clara blockchain.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Market stable, with some activityduring India week at the New York Diamond Dealers Club. No urgency to sell at lower prices. Expectations for stronger trading in September as retailers prepare holiday inventory. Good demand for 1 ct., G-J, VS-SI, RapSpec A3+ diamonds. Ovals and cushions selling well among fancy shapes.

Belgium: Activity slowly picking up after bourses’ reopening, but many dealers still on vacation. Sentiment slightly weak, with fewer orders than expected after the break.European demand solid, with improvements in Germany and the UK. More orders from Hong Kong and China, fueling some optimism for next month’s Hong Kong Jewellery & Gem Fair. Rough market quiet, despite this week’s Alrosa Alliance sale.

Israel: Trading sluggish as businesses gradually return from vacation. Steady requests for 1 ct., G-J, VS-SI diamonds, but overall not a lot of orders coming in. Trade focused on Hong Kong show. Memo dominating the market. Rough dealers cautious.

India: Mood slightly down amid rumors of further bankruptcies. A number of Antwerp-based expat Indians in Mumbai looking for SI goods and lower. Stable demand for 0.30 to 0.50 ct., G-J, VS-SI diamonds. Stars and melee slow, with dealers avoiding further inventory in these categories. Manufacturers restrained and not raising polished production before Diwali break.

Hong Kong: Slight improvement, with dealers back from vacation and preparing for next month’s show (September 12 to 18). Solid orders for 0.30 ct. and 1 ct., G-J, VS-SI goods. Higher colors (D-F) weak. Buyers interested in VG goods as they shift to lower price points. Some concern for retail sector during upcoming October Golden Week, after stock markets declined and Chinese yuan currency depreciated.

Tedy, chtel bych moc podekovat fsem dyzkuterum. Moc krasne jsem si v tom pocetl. Ne ze bych vsemu rozumnjel ale vetsinou jsem vse pochopil. Hlavne ta englistina mi dala zabrat. Ale stalo to za to!

Jsem moc rad, ze se zde najde tolik fundamentoznich spicialistu.

Myslim, ze minimalne v morgoskych dezamantech mam ted jasno. Dekuji.

Rapaport Weekly Market Comment

Aug 30, 2018 10:59 AM

Market preparing for Hong Kong show, with concerns that trade tensions and yuan devaluation will impact buying. Chow Sang Sang warns China trade war could reduce future earnings, after 1H sales +19% to $1.2B, profit +54% to $77M. Record-low rupee (INR 70.75/$1) creating concern in India.Cutters shifting away from melee due to lower demand in India and China amid currency declines. Steady demand for rough that yields under-the-carat GIA dossiers as cutters prepare for holiday season. Alrosa 2Q sales +2% to $1.1B, profit +1% to $379M. US market optimistic. Tiffany & Co. 2Q sales +12% to $1.1B, profit +26% to $145M. Signet 2Q sales +2% to $1.4B, loss of $31M vs. profit of $85M.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: New York wholesale market relatively slow for smaller dealers. Larger suppliers expecting orders from retail chains. Others selling at low profit margins to raise liquidity and move inventory. Stable demand for 0.30 to 1 ct., G-J, VS-SI, RapSpec A3+. Jewelers optimistic for final four months of the year.

Belgium: Trading quiet, as dealers not yet out of vacation mode. Caution about doing business in India due to bankruptcy rumors and liquidity concerns. Activity expected to improve as businesses prepare for Hong Kong Jewellery & Gem Fair, which begins September 12. Many traveling to the show to assess the Far East market amid US-China tensions. Rough trading steady ahead of next week’s De Beers sight.

Israel: Bourse quiet, but dealers upbeat about Hong Kong show. Weak demand for lower-quality small goods. Stable demand from watch industry for top-quality melee. Strong demand for 1 ct., G-J, VS-SIs, while 0.30 to 0.50 ct. slower than before August break.Rough market active during Alrosa auction in Ramat Gan, but manufacturers waiting to assess prices at De Beers sight (September 3 to 7).

India: Stable market, but dealers concerned about reduced bank credit, as well as currency devaluation after rupee hits record low (INR 70.75/$1). Strong demand for nice SIs. A lot of weak SIs available. Suppliers holding prices firm for certified goods. Manufacturing expected to remain steady until November Diwali break.

Hong Kong: Dealers focused on show preparations. Sentiment relatively weak in August due to trade tensions and yuan depreciation. Jewelers more cautious for 2H after positive first half. Dossiers selling well. 1 ct., D-H, VS1-SI improving. Rising interest in fancy-color diamonds ahead of September show.

Rapaport Weekly Market Comment

Sep 6, 2018 10:59 AM

Diamond industry focused on important Hong Kong fair, hoping the recovery in Far East jewelry retail will continue amid trade tensions and weaker currencies. Dealer trading slow, with softer prices during summer slowdown as 1 ct. RAPI -0.5% in August. Rough demand cautious, with lower premiums on secondary market. Gem Diamonds 1H revenue +81% to $168M, profit of $24M vs. loss of $3M last year. Hong Kong 1H polished imports +4% to $9.7B, exports flat at $6.7B. Equity firm Epiris buys Bonhams auction house. Rapaport offices will be closed on Monday and Tuesday (September 10-11) due to Rosh Hashanah. Best wishes to all for a happy, healthy, prosperous and peaceful Jewish New Year.

Fancies: Far East demand improving as Chinese consumers seek Pears and Princesses at better prices. US and European demand mixed. Ovals and Cushions are best sellers, followed by Emeralds and Pears. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Trading quiet in shorter week that began with Labor Day.New York dealers expecting slow activity until after September Jewish festivals. Fewer memo orders from retailers. Stable engagement-ring demand for 1 ct., G-J, VS-SI diamonds. Major jewelers optimistic for fourth-quarter holiday season, with marketing focus on fashion diamond jewelry.

Belgium: Cautious sentiment due to slow trading, India bankruptcy rumors, and decline of rupee, Chinese yuan and Turkish lira. Gap widening between buyers’ offers and suppliers’ asking prices. Steady demand for 1 ct., D-J, SI2 goods. Very little inventory-buying. Rough dealer premiums soften during De Beers sight.

Israel: Dealers focused on preparing inventory for next week’s Hong Kong Jewellery & Gem Fair. Quiet expected in local market starting next week, from Jewish New Year through Sukkot festival, which ends October 1. Steady demand for 1 to 3 ct., D-G, VS-SI diamonds. Smaller goods sluggish, with some price flexibility. Rough market slightly weaker.

India: Slow trading, with some dealers missing the Hong Kong show due to next week’s Ganesh Chaturthi festival. Sentiment down following rupee depreciation to record low (INR 72.10/$1), bankruptcy rumors and tightened bank credit. Small manufacturers cautious and reducing polished production. Drop in demand for small polished diamonds evident in rough market at De Beers sight.

Hong Kong: Business improving ahead of next week’s show. Steady demand for 0.30, 0.50 and 1 ct., D-G, VS-SI, RapSpec A3+ goods. Rising interest in lower colors (G-K). Hong Kong jewelers more upbeat than those based in mainland China as weaker yuan impacts consumer sentiment. Currency may also affect tourist spending over October 1 Golden Week.

Nějak se mi to tu utratilo či co. Ja se psat respektyve oznamoval nevo něco na ten zpusob, ze englicky prilis lidi neumi ccetne me. Jinimi slovi - bi me zaujomalo kolik sledujicoch a prispevatelu v tomhle vlakne je za tech 10 let consem kopirujete info v en z http://www.diamonds.net/News/ ? Nebo hsem to spatne podhopil a musibse sem psat taky po anglisku? Ja to klidne prelozim v preklqdaci, ale musym to vedet. Diky

to Bajkal ; desať rokov v kyber priestore je dlhá doba a hlavne udržanie aktívneho vlákna , informácie som preberal a vkladal z Rapaportu v originály , hlavný dôvod prečo som to robil: bola doba kedy kopec "mesiášov" denne vtlkalo do hláv ľudom o zázračnom a pravidelnom obrovskom zhodnocovaní hlavne diamantov - ja som to bral ako sofistikovaný podvod .

Drahé kamene sú dobré uloženie volných finančných prostriedkov , ale na zhodnocovanie to funguje úplne inak a i iných objemoch .

Čiže pokiaľ niekto náhodou prišiel na stránky Sběratelu.com , mohol si v kľude prečítať a popremýšľať o trendoch a vývojoch cien vo svete bez ovplyvňovania
čo odhadujem urobilo maximálne 0.3% .

Dnes je bezplatná dostupnosť vysoko profesionálnych vebov na informácie a komentáre o cenách a drahých kameňoch ďaleko vyššia , ale ja komentáre stále dodávam z nostalgie a baví ma to.

Pritom tvrdím mimo farebných diamantov , diamant biely nie je najdrahší drahý kameň na svete , ešte je miesto minimálne pre desať drahých kameňov ...

Neviem či to postačuje ako odpoveď ?

Poprosím pokiaľ máš záujem niečo napísať použi iný "chlievik" nech toto vlákno ostane čisto na aktuálne odborné informácie...