Aug 07, 2017

Overall, Fancy Colour Diamond Price Index Flat in Q2 2017; Blue Diamonds Up Moderately

The Fancy Color Research Foundation (FCRF) said that its analysis of pricing data for the second quarter of 2017 showed that there was “overall price stability” across all categories  when comparing prices with the same period of last year.

“A deeper look at the data reveals that blue fancy colour diamond prices continued to appreciate, climbing 5.5% over last year, while yellow fancy colour diamond prices declined by 2.5% for the year,” FCRF added. “Overall, the Fancy Color Diamond Index for all shapes and sizes was flat for the period. According to RAPI™ during the same period, most white diamond categories experienced meaningful price declines.”

The 10-carat fancy intense blue; the 5-carat fancy vivid blue and the 8-carat  fancy intense blue, proved to be the strongest performing categories; appreciating by 2.5%, 2.4% and 2.3, respectively, in this quarter.

On a comparison with prices in Q2 2016, the strongest performing categories were the 1-carat fancy vivid blue; the 8-carat fancy intense blue; and the 1-carat fancy intense blue; which appreciated by 13.1%, 11.5% and 11.4% respectively. On the lower end, FCRF said the weakest categories were large carat yellow fancy colour diamonds. “As in recent periods, across all colour segments, fancy intense and fancy vivid broadly demonstrated price increases, whereas colour diamonds in the “Fancy” category maintained price softness,” FCRF said.

 FCRF Advisory Board chairman Efraim Zion said, “Demand in China and other Asian markets for extremely rare fancy colour diamonds is still robust. However, the pipeline is experiencing continued supply shortages, which result in price stability, and in some categories continued appreciation. We will not be seeing changes in the foreseeable future.”  

He added, “Yellow fancy colour stones are enjoying healthy demand as well, however their price behaviour, especially for the commercial categories, more closely resembles that of white diamonds.”

Pic Cap:  Fancy Vivid Blue Diamond, courtesy FCRF