Aug 03, 2021

Fancy Colour Diamond Prices Rise 0.2% In Q2

The Israel-based Fancy Color Research Foundation (FCRF) said the prices of fancy colour diamonds across the board increased by 0.2% during Q2 2021.

Blues (0.4%) and Pinks (0.3%) led the increase, while Yellows rose by 0.1%, as opposed to the slight decrease in the previous quarter, the Q2 2021 Fancy Color Diamond Index (FCDI) showed. The price rise follows a 0.3% overall price increase in Q1 2021.

“As retail in the US, Asia and Europe copes with the new realities and constraints of a Covid-economy, we are still seeing supply shortages in the fancy colour diamond segment that provide pricing stability. Inventories are still at a historically low level for this product,” said Oren Schneider, FCRF Advisory Board member and CEO of Circa.

Source: FCRF

The 1-carat Fancy Pinks were the highest climbers in the Pink category (2.2%), while 10-carat Fancy Pinks showed a downturn in price, decreasing by -1.1%.

The 1.5 and 2-carat Blues, in all saturations, showed the highest increase (1.3%), with Fancy Blue 1.5 carats rising by 1.7% and Fancy Intense Blue 1.5 carats rising by 2.2%. Meanwhile, 3 and 5 carats in all saturation levels slightly declined by -0.2% and -0.1%, respectively.

Most segments performed better in Q2 compared to Q1. The most prominent increase was in 5 carat Fancy Vivid Yellow (+1.3%). Fancy Vivid Yellow in the 10-carat category were a close second highest climber by 0.9%, while 10-carat Fancy Yellow presented a drop of -2.1%.

Photo: FCRF