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Rapaport Press Release: Polished Diamond Prices Decline in June | Business Wire



WP Snowball - Turn 1 blog post into 363

WP Snowball - Turn 1 blog post into 363

NEW YORK–(BUSINESS WIRE)–Polished diamond prices softened in June after the JCK Las Vegas show

demonstrated a cautious and changing US market.

Jewelers are reducing their inventory requirements as they adjust to

changing consumer habits. There is a strong emphasis on bespoke services

and personalized products. Consumers are also shifting to lower price

points, impacting the volume and type of diamonds that jewelers need in

their stores.

The market is selective as the trade focuses on immediate needs, with

very little planning of future supply. The RapNet Diamond Index (RAPI)

for 1-carat, GIA-graded, RapSpec A3+ diamonds declined 0.8% in June and

was down 2.5% in the first half of 2017.

RapNet Diamond Index (RAPI)

 

 

 

 

June
Jun. 1, 2017 –. Jul. 1, 2017

 

 

 

1H
Jan. 1, 2017 –. Jul. 1, 2017

 

 

 

Y2Y
Jul. 1, 2016 –. Jul. 1, 2017

RAPI 0.30 ct.

 

 

 

-1.5%

 

 

 

3.7%

 

 

 

2.4%

RAPI 0.50 ct.

-3.0%

-9.9%

-14.6%

RAPI 1 ct.

-0.8%

-2.5%

-8.0%

RAPI 3 ct.

 

 

 

-1.0%

 

 

 

1.8%

 

 

 

1.7%

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