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Rapaport Weekly Indian Market Report

As of October 19
Oct 19, 2017 10:58 AM   By Rapaport News
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Market shut down for Diwali festival that began Oct. 19. Dealers expected to return Nov. 6, manufacturers on Nov. 13. Weak demand and growing inventories putting prices under pressure. Rough demand slow as factories head to Diwali with high polished inventory. Lower gold price expected to boost Diwali jewelry sales.

Round  
-1 point: Good demand: $300-$550 whites.
-2 point: Good demand: $300-$450 whites.
2-7 point: Good demand: $300-$450 whites.
8-18 point: Fair demand: +$450 whites.
20 points: Fair demand: $500-$700 whites.
25 points: Good demand: $500-$800 whites.
  Fair demand: -$500 whites.
33 points: Good demand: +$700 whites.
  Fair demand: -$600 whites.
50 points: Good demand: +$1000 whites.
  Fair demand: -$800 whites.
75 points: Fair demand: $800-$1200 whites.
1 carat+: Good demand: +$1500 whites & Top Shades.
   
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: $1,000-$1,200 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: $800-$1100 whites.
50 point: Fair demand: $800-$1000 whites.
75 point: Fair demand: $1000-$1300 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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