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India: Demand Slow and Liquidity Tight

February 20, 2020

Sentiment low owing to tight liquidity and slow polished demand. Buyers seeking discounts and looking for desperate sellers. Dealers maintaining weak 1H outlook, with concerns Chinese jewelers will return large volume of unsold goods. US supporting the market and showing steady interest in 1 ct., G-J, VS2-I1 diamonds. IIJS Signature fair signals shift to lighter-weight wedding jewelry due to high gold prices and weak economy.

Round
-1 point:Good demand: $300-$650 whites.
Fair demand: $150-$250 whites and white natts.
-2 point:Fair demand: $250-$400 and $150-$200 whites and white natts.
2-7 point:Fair demand: $250-$400 and $150-$200 whites and white natts.
8-18 point:Fair demand: $350-$600 whites.
20 points:Fair demand: +$400 whites.
25 points:Fair demand: +$450 whites.
33 points:Fair demand: +$400 whites.
50 points:Fair demand: +$500 whites.
75 points:Fair demand: +$1000 whites.
1 carat+:Good demand: +$1500 whites and top shades.
Fair demand: $1000-$1500 whites.
Princess
-3 point:Fair demand: $200-$300 whites.
+3 point:Fair demand: $200-$300 whites.
+9-18 point:Fair demand: -$400 whites.
20 point:Fair demand: $400-$500 whites.
25 point:Fair demand: -$500 whites.
33 point:Fair demand: $500-$800 whites.
50 point:Fair demand: +$800 whites.
75 point:Fair demand: $900-$1,200 whites.
1 carat+:Fair demand: +$1,500 whites.
Marquise
-6 point:Fair demand: $400-$500 whites.
+7-18 point:Fair demand: $500-$700 whites.
20 point:Fair demand: $300-$500 whites.
25 point:Fair demand: $350-$550 whites.
33 point:Fair demand: $600-$900 whites.
50 point:Fair demand: $800-$1200 whites.
75 point:Fair demand: $900-$1300 whites.
1 carat+:Fair demand: +$1200 whites.
Tapers & Baguettes
Fair demand: $300-$400 2mm-2.5mm whites.
                      $400-$500 2.5mm-3mm whites.
                      $600-$700 3mm-4mm whites.
                      $700-$800 4mm-5mm whites.
                      $800-$1,000 +5mm whites.

Article originally published on Diamonds.net here

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