December 3, 2014, New York … Polished diamond prices fell again in November as suppliers lowered prices in an effort to raise cash flow. Tight liquidity remains the biggest challenge facing diamond dealers and manufacturers. Demand is selective with low trading levels, while the focus of the industry has shifted to consumer demand during the retail shopping season.
The RapNet Diamond Index (RAPI™) for 1-carat laboratory-graded diamonds declined by 1.7 percent in November. RAPI for 0.30-carat diamonds fell 2.2 percent and RAPI for 0.50-carat diamonds dropped 1.6 percent. RAPI for 3-carat diamonds decreased by 1.8 percent during the month.
RapNet Diamond Index (RAPI™)
(Jan. 1, 2014 – Dec. 1, 2014)
(Changes at Dec. 1)