Click here to download RapaportMonthlyReport-May2013.pdf
High-end large stones above 10 carats, as well as fancy intense pink and blue diamonds, and very finely cut fancy shapes are hot. There is steady Chinese demand for 0.30-0.40 ct., G-H, VS-SI, triple EX diamonds for engagement rings. Chinese demand for commercial quality stones is also improving.
The RapNet Diamond Index (RAPI™) for 1ct. certified polished diamonds remained flat during April. RAPI for 0.30ct. diamonds increased 0.8 percent while 0.50ct. stones rose 0.2 percent. RAPI for 3ct. diamonds declined by 0.3 percent. During the first four months of the year, RAPI for 1ct. diamonds rose 0.3 percent but remains 11.2 percent below levels reached one year ago on May 1.