Pricing data analysis released by the Fancy Color Research Foundation (FCRF) for the second quarter of 2017, and quoted by Diamond World, shows stability across all categories year-on-year. Blue fancy diamonds were the main exception, rising 5.5% year-on-year, while yellow fancy color diamond prices fell 2.5% year-on-year.
Overall, according to the report, “the Fancy Color Diamond Index for all shapes and sizes was flat for the period”.
The strongest performance price categories during Q2 2017 were 10-carat fancy intense blue, 5-carat fancy vivid blue and 8-carat fancy intense blue, which went up by 2.5%, 2.4% and 2.3%, respectively. When compared to Q2 2016, “the strongest performing categories were 1 carat fancy vivid blue, 8 carat fancy intense blue and 1 carat fancy intense blue”, which went up by 13.1%, 11.5% and 11.4%. The weakest categories were large carat yellow fancy color diamonds.
FCRF Advisory Board chairman Efraim Zion said: “Demand in China and other Asian markets for extremely rare fancy color diamonds is still robust. However, the pipeline is experiencing continued supply shortages, which results in price stability, and in some categories continued appreciation. We will not be seeing changes in the foreseeable future. Yellow fancy color stones are enjoying healthy demand as well, however their price behaviour, especially for the commercial categories, more closely resembles that of white diamonds”.
