Rapaport Releases Annual Price Statistics Report
The report demonstrates that while diamond prices fell in 2016, the diamond market improved from the slump experienced in the second half of 2015. Miners and manufacturers displayed greater inventory discipline to prevent an oversupply of polished and inflation of rough prices that caused the correction in the first place. Midstream stock levels fluctuated within a more conservative range, as manufacturers and dealers are still realigning their inventory to cope with sluggish consumer demand.
The Rapaport Diamond Price Statistics Report provides an in-depth analysis of trends in polished diamond prices, comparing price changes in specific diamond categories. The report charts the progression of polished diamond prices and indexes in various sizes throughout the year and across a period of up to 39 years. In doing so, it provides a complete study of the history and current standing of the global diamond market.
Also included in the report is a diamond investment analysis detailing how various diamond categories have performed over the past 10, 20 and 25 years in relation to other common investment instruments.
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About the RapaportRapNet Diamond Index (RAPI™): The RAPI is the average asking price in hundred $/ct. of the 10 percent best priced diamonds, for each of the top 25 quality round diamonds (D-H, IF-VS2, GIA-graded, RapSpec-A3 and better) offered for sale on RapNet – Rapaport Diamond Trading Network. www.RapNet.com has daily listings of over 1.2 million diamonds valued at approximately $8 billion. Additional information is available at www.Diamonds.net.
About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of ethical, transparent, competitive and efficient diamond and jewelry markets. Established in 1976, the Group has more than 16,000 clients in over 120 countries. Group activities include Rapaport Information Services, providing the Rapaport Price List, research, analysis and news; RapNet – the world’s largest diamond trading network; Rapaport Laboratory Services provides GIA and Rapaport gemological services in India, Belgium and Israel; and Rapaport Trading and Auction Services specializing in recycled diamonds and jewelry. Additional information is available at www.Diamonds.net.
Martin Rapaport grants limited permission to use copyrighted data appearing in this press release in and in conjunction with journalistic copy, reporting or articles concerning diamond pricing and information in graph or data presentation format only. The following credit notice must appear alongside, underneath, or in close proximity to any use of the copyrighted data: “Used with permission of Rapaport USA, Inc. Copyright © 2017 Rapaport USA