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Rapaport Weekly Indian Market Report

As of December 1
Dec 1, 2016 10:58 AM   By Rapaport News
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Polished trading quiet with dealers very cautious after rupee currency cancellation. Domestic demand slow. Opportunistic foreign buyers looking for bargains during liquidity crunch. Larger manufacturers with legitimate invoicing relatively unaffected with steady U.S. orders. Rough demand stable since manufacturers returned from Diwali break.


Round  
-1 point: Fair demand: +$250 whites.
-2 point: Fair demand: $300-$450 / $550-$600 whites.
2-7 point: Fair demand: $300-$525 whites.
8-18 point: Fair demand: +$400 whites.
20 points: Fair demand: -$400 whites.
25 points: Fair demand: -$500 & +$700 whites.
33 points: Fair demand: -$600 & +$800 whites.
50 points: Fair demand: +$700 whites.
75 points: Fair demand: $700-$900 & +$1,500 whites.
1 carat+: Fair demand: +$ 1,000 whites.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Fair demand: $350-$500 whites.
20 point: Fair demand: $600-$700 whites.
25 point: Fair demand: $800-$900 whites.
33 point: Fair demand: $500-$800 whites.
50 point: Fair demand: +$800 whites.
75 point: Fair demand: $1,000-$1,400 whites.
1 carat+: Fair demand: +$1,500 whites.
   
Marquise  
-6 point: Fair demand: $400-$550 whites.
+7-18 point: Fair demand: $500-$800 whites.
20 point: Fair demand: $300-$500 whites.
25 point: Fair demand: $350-$550 whites.
33 point: Fair demand: $500-$700 whites.
50 point: Fair demand: $800-$1000 whites.
75 point: Fair demand: $800-$1000 whites.
1 carat+: Fair demand: +$1000 whites.
   
Tapers & Baguettes  
  Fair demand: $350-$400 2mm-2.5mm whites.
                        $450-$500 2.5mm-3mm whites.
                        $600-$700 3mm-4mm whites.
                        $700-$800 4mm-5mm whites.
                        $800-$1,000 +5mm whites.
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