IDEX Price Report for 1 June: Smaller Diamonds Down, Larger Goods Up June 01
(IDEX Online) – There were many losses during May, especially among diamonds under 0.3-cts, and many gains, especially among diamonds over 2.0-cts, amid ongoing uncertainty. Manufacturers have been switching to LGDs as the preferred replacement for naturals smalls, which have been in desperately short supply, especially since sanctions were imposed on Russia. This largely accounts for these price drops. Mixed movements generally among 0.90-cts-1.50-cts, although the general trend is downwards. More price increases among goods over 2.0-cts as investors seek refuge from a dismal stock market.
HIGHLIGHTED CHANGES
Rounds
0.23-0.29 ct. K-N / IF-VS2 -4.5-11%, G-I / VVS1-VS2 +3-8.5%
1.00-1.24 ct. D-F / VVS1-SI1 -1.5-3.5%, J-K / I2-I3 -12.5-14.5%
1.50-1.99 ct. E-F / IF-VVS2 -1-2%, D-G / SI3-I2 +1-6.5%
Fancies
0.18-0.22 ct. G-I / VVS2-VS2 -5-7%, L-N / VS1-SI3 +12.5-50%
1.00-1.24 ct. D-J / IF-VVS1 -1-6.5%, N / IF-VS2 +5.5-10.5%
4.00-4.99 ct. F-H / VVS1-2 +.5-4%, L / VS2-SI2 -1.5-3%
Credit: IDEX
Posted by: SGDX Singapore Diamond Exchange
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