(IDEX Online) - Caution persists and overall trading is slow, as reflected in heavy rounds losses and no more than a smattering of increases among fancies, which have fared better of late.
India is braced for fewer bulk orders, US demand remains patchy and the predicted post-Covid bounce in China hasn't fully materialized.
De Beers did however report $540m of rough sales during Cycle 3, a slight year-on-year drop, but indicative, the company said, of "encouraging positive trends".
HIGHLIGHTED CHANGES
Rounds
0.80-0.89 ct. H-J / VVS1-VS2 -1-.5-3%
1.00-1.24 ct. D-F / VVS1-SI1 -0.5-3.5%
2.00-2.99 ct. D-M / VVS1-2 -1-5%
Fancy Cuts
0.50-0.69 ct. D-G / IF-VS2 +1-4%
2.00-2.99 ct. F-G / VVS2-SI2 -1-3.5%, D-I / SI2 +1.5-4.5%
4.00-4.99 ct. D-G / IF-VS2 -1-4%, D-E / SI1-I1 +2.5-4.5%
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