Rapaport Newsletter Banner
RAPAPORT ® TRADEWIRE ®
August 25, 2022
Rapaport Weekly Market Comment - August 25, 2022

News: Diamond market cautious with slow trading as Belgian and Israeli dealers return from summer break. Some optimism for US holiday season as New York trading improves slightly. Rise in memo calls. Far East quiet, particularly China, with reduced demand for 0.20 to 0.30 ct. sizes. Primary rough supply expensive; premiums on secondary market declining. Bloomberg reports Alrosa selling approximately $250M worth of rough a month. Manufacturers refraining from excessive rough buying due to poor profit margins. Polished inventory levels high due to weak sales. Buyers selective and cherry-picking top-quality diamonds they need to fill orders.

Read More
Rapaport Newsletter Banner
RAPNET DIAMOND INDEX (RAPI™)
Weekly Monthly Y2Y
0.30 ct -0.5% -3.0% -6.6%
0.50 ct -0.8% -3.7% -2.3%
1.00 ct -0.8% -3.6% 6.9%
3.00 ct -0.8% -2.7% 16.6%
Market Reports
United States: Trading gradually improving as jewelers start to prepare for the holiday season…
United States: Trading gradually improving as jewelers start to prepare for the holiday season…
Belgium: Rough market stable but concerns about high price levels…
Belgium: Rough market stable but concerns about high price levels…
Israel: Diamantaires are cautious and uncertain of the market direction…
Israel: Diamantaires are cautious and uncertain of the market direction…
India: Steady orders for 1 ct., G-I, VS-SIs…
India: Steady orders for 1 ct., G-I, VS-SIs…
Hong Kong: China retail gradually returning after July lockdowns in select cities…
Hong Kong: China retail gradually returning after July lockdowns in select cities…
View Full Report
Rapaport Newsletter Banner
Rapaport Newsletter Banner
Signet, Tiffany Make Bold Moves
The Rapaport Diamond Podcast

The editorial team discusses key events that dominated the headlines in the past month, including Signet’s acquisition of Blue Nile, the India International Jewellery Show (IIJS), and Tiffany & Co.’s move into non-fungible tokens (NFTs).

Listen Here
Rapaport Newsletter Banner
Diamond Trends Webinar with Martin Rapaport

The market could split into two segments as high- and low-value goods react differently to the current economic uncertainty.

Watch Now
Rapaport Newsletter Banner
Lightening Up: White Palettes for the Summer
By Rachael Taylor

Designers are tapping into the cool feel of materials like platinum, pearls and rock crystal.

Read More
Top Stories of the Week
US and China drove demand in July.
Swiss Watch Exports Hit Nearly Eight-Year High
US and China drove demand in July.
See More
Former Tiffany and LVMH executives join grading lab.
GIA Expands Business Development Team
Former Tiffany and LVMH executives join grading lab.
See More
Digital specialist Farfetch buys 47.5% of loss-making e-commerce business.
Richemont Sells YNAP Stake, Writes Down $2.7B
Digital specialist Farfetch buys 47.5% of loss-making e-commerce business.
See More
Sales jumped 31% year on year in three months that ended July 31.
Watches of Switzerland Cautious About Second Half
Sales jumped 31% year on year in three months that ended July 31.
See More
Updated edition takes readers on in-depth journey through fancy colors, famous stones, and case study of 603-carat Lesotho Promise.
Marijan Dundek’s Popular ‘Diamonds’ Book Gets a Refresh
Updated edition takes readers on in-depth journey through fancy colors, famous stones, and case study of 603-carat Lesotho Promise.
See More
Industry members salute the US-born artist’s warm personality and one-of-a-kind designs.<em data-lazy-src=
Friends Remember ‘Jeweler Extraordinaire’ Castro
Industry members salute the US-born artist’s warm personality and one-of-a-kind designs.
See More
Event will highlight pieces that established the brand as a groundbreaking jewelry house.
David Webb to Host Exhibition of ‘Artful Animals’
Event will highlight pieces that established the brand as a groundbreaking jewelry house.
See More
Hollywood double wore two of the pieces, gifted by Paul Newman, while trying to break the speed of sound on land.
Stuntman Stan Barrett’s Rolexes to Go on Auction Block
Hollywood double wore two of the pieces, gifted by Paul Newman, while trying to break the speed of sound on land.
See More
New store is four times larger than branch that closed during pandemic.
Jeweler Seaman Schepps Reopens in New York
New store is four times larger than branch that closed during pandemic.
See More
Emerald-studded ring by Metagolden is a physical piece with a digital twin.
Sotheby’s to Offer NFT at Contemporary-Artist Jewelry Sale
Emerald-studded ring by Metagolden is a physical piece with a digital twin.
See More
Jewelry makers from the embattled country displayed their wares at the Swiss fair in May.<em data-lazy-src=
Show of Solidarity: Ukrainian Designers at GemGenève
Jewelry makers from the embattled country displayed their wares at the Swiss fair in May.
See More
CONTACT US
Facebook logo       Twitter logo       LinkedIn logo       RSS logo       Email logo
© Copyright 2024 by Rapaport USA Inc. All Rights Reserved.
Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are
registered trademarks.

Search

Date