RAPAPORT PRESS RELEASE, January 5, 2021, Las Vegas... Diamond trading was seasonally slow in December as the industry's focus shifted to retail and as diamantaires took their end-of-year break. Sentiment received a boost from strong holiday e-commerce sales, the distribution of Covid-19 vaccines, and the US approval of a $900 billion coronavirus stimulus package.Polished prices firmed as supply declined due to limitations on diamond manufacturing during India's lockdowns. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds rose 2.3% in December and 5.8% for the full year.
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