According to IDEX Online, the IDEX polished diamond price index saw a slight decline in April 2017. The Index began the month at 120.17 and ended at 119.49. The numbers are similar to those in March.
According to the report, “there were declines of 3% in 0.70-0.79 carat goods in H-J colors, IF-VVS1 clarities, and increases in 0.30-0.39 carat goods in D-G colors in VS1-SI1 clarities”. Fancy diamonds “also saw few price movements” with the exception of 0.30-0.39-carat diamonds in F-J, IF-VS2 goods, which showed declines. 2.00-2.99 carat stones in G-I, IF-SI1 clarities saw increases. In the 5.00-carat category, there were declines in medium color/lower clarities.
According to IDEX Online, the dealer market saw “relatively strong movement” as demand for polished stones rose in Asia. Among the positive factors: record exports by the Swiss Watch Federation, particularly to Hong Kong, which increased the demand for polished goods. In addition, solid sales by Alrosa and De Beers indicate “robust demand for rough goods and strong premiums”.
