The global markets, with the exception of Ramat Gan that is on holiday vacations, are starting to pick up. Some are starting to work on early holiday orders, while others are completing orders from the Hong Kong trade show. The strong resistance to higher prices at the show disappointed many traders, but some view it as a healthy sign of stability.

 

U.S.

The New York Market continues to be quiet, but orders are continuing to come in, as the season is expected to kick off the next few weeks. Demand is noted for 1.00-3.00 carats in SI+ clarities and heavy demand for I1-2 in sizes ranging from 0.05 carats to 1.00 carats.

 

Rounds

 0.005-0.15 cts, D-J / pique, selling

 

 0.005-0.15 cts, D-J / VS+, selling

 

 0.10-0.75 cts, D-J / SI+, selling

 

 1/5-3/4, D-J / I1-2, selling against shortages

 

 1/5-3/4, D-J / VS+, selling

 

 0.90-1.50 cts, D-J / SI+, selling

 

 1.00-3.00 cts, D-M / pique, selling

 

 2.00-3.00 cts, D-M / VS+, selling

 

 2.00-4.00 cts D-K / SI+, selling

 

Fancy Cuts

 Marquises and Pears, 0.20-1.00, H+ / VS+, selling

 

 Ovals and Pears, 1.00+, nice makes, selling well against a shortage in supply

 

 

Antwerp

The Belgium diamond market picked up this week after the Hong Kong show. Traders say polished diamond prices are expected to remain stable, something they view positively. The 201 holiday season orders are starting to trickle in.

 

Rounds

 0.005-0.15 cts, F-J / pique, slow

 

 0.005-0.15 cts, F-J / SI+, slow

 

 1/5, D-J / VS+, mediocre demand

 

 1/4-3/4, white / pique, slow

 

 0.25-0.90 cts, F-K / SI+, good makes, mediocre demand

 

 1.00-2.00 cts, white / pique, including goods for treatment, selling

 

 1.00-3.00 cts, F-J / SI1+, good makes, selling

 

 4.00+ cts, F-L / VS+, slow

 

Fancy Cuts

 Princesses, Pears and Emeralds, 1.00-5.00 cts, D-K / SI+, slow

 

 Marquises, Radiants, Ovals, and Hearts, 1.00-4.00 cts, G-K / SI+, slow

 

 Tapers and Baguettes, 1/10-1/6, D-I / SI+, slow

 

 

Ramat Gan

The Israeli diamond market is yet to show signs of pre-season pickup and demand levels remained mediocre. This is a period of time when many Jewish holidays are taking place and work weeks are sometime just three days long. Consequently, traders expect a pickup in activity only next month.

 

Rounds

 0.005-0.15 cts, D-J / pique, slow

 

 0.005-0.15 cts, D-J / VS+, slow

 

 1/5, G-K / SI+, mediocre demand

 

 0.25-0.75 cts, white / pique, slow

 

 0.25-0.90 cts, G-K / SI+, good makes, mediocre demand

 

 0.70-0.90 cts, white / pique, including goods for treatment, slow

 

 1.00-3.00 cts, white / pique, including goods for treatment, mediocre demand

 

 1.00-3.00 cts, G-K / SI+, good makes, mediocre demand with strong pressure on the prices

 

 4.00-8.00 cts, G-L / VS+, slow

 

Fancy Cuts

 Princesses, Pears, Emeralds, Radiants, Asschers and Cushions, 1.00-5.00 cts, G-L / SI+, slow

 

 Marquises, Hearts and Ovals, 1.00-4.00 cts, G-J / SI+, mediocre demand

 

 All fancy cuts, 1.00-2.00 cts, fancy colors, mediocre demand

 

 

Mumbai

Some pick up was noted at the Mumbai diamond market with demand by local buyers showing a small pick up. Traders returning from the Hong Kong show and there were a lot of them there, said they bought some goods but many goods also returned to Mumbai without being sold. The ray of light was stable prices.

 

Rounds

 0.005-0.15 cts, F-J / SI+, mediocre demand

 

 1/5, H-J / VS, mediocre demand

 

 1/4-3/8, white / pique, selling

 

 1/4-3/4, D-J / SI+, good makes, selling

 

 1/2-3/4, white / pique, including goods for treatment, good demand

 

 0.80-0.90 cts, F-J / VVS, selling

 

 1.00-3.00 cts, D-K / SI to pique, selling

 

 1.00-3.00 cts, H-K / SI1+, good makes, selling

 

 4.00+ cts, H-M / VS+, slow

 

Fancy Cuts

 Emeralds and Stabbes (wide baguettes), 0.25-1.00 cts, D-J / VS+, slow

 

 Marquises and Hearts, 0.25-3.00 cts, F-J / VS+, slow

 

 Princesses, Pears and Emeralds, 2.00-5.00 cts, I-L / VS, slow

 

 

Far East

The Hong Kong diamond market has been busy completing orders after the trade show. Both exhibitors and buyers were eventually somewhat satisfied, although they had higher expectations from the show. the biggest issue was price and the resistance to higher prices was very strong. The more optimistic interpretation is that stable prices mean a stable market.

 

Rounds

 0.005-0.15 cts, white / SI2 to pique, selling

 

 0.005-0.15 cts, D-J / SI1+, good makes, selling 

 

 1/5, G-J / VS+, mediocre demand

 

 1/4-3/4, white / pique, mediocre demand

 

 1/4-3/4, H-J / SI+, selling

 

 1.00-5.00 cts, D-J / pique, mediocre demand

 

 1.00-3.00 cts, H-M / VVS-SI, selling well but stiff resistance to the prices

 

 4.00-6.00 cts, H-L / SI+, slow

 

 7.00 cts, H-L / SI+, mediocre demand

 

Fancy Cuts

 Princesses and Emeralds, 1/10-1/3, H-K / SI+, slow

 

Princesses, Pears, Emeralds, Marquises, Ovals and Hearts, 1.00-5.00 cts, H-K / SI+, mediocre demand

 

 Tapers and Baguettes, 1/10-1/2, H-J / VS+, slow