Blues Pull Fancy Color Diamond Price Index Up Slightly in Q1 2017

Polished
26/04/2017 13:11

The Fancy Color Research Foundation (FCRF) has released its latest Fancy Color Diamond Index update for the first quarter of 2017, which indicates pricing stability across most fancy color diamond categories. Yellow fancy color diamonds are down 2.5% compared to Q1 2016, but have lost only 0.2 percentage points since the previous quarter. Pinks are up 0.8% compared to the same period a year ago, while blue fancy color diamonds jumped 5.7% year-over-year and saw a 1.9% price increase in the first 3 months of 2017 as compared to Q4 2016. Overall, the Fancy Color Diamond Index for all shapes and sizes was up 0.7% compared to Q1 2016 and 0.2% over the last period in 2016. As in Q4 2016, across all color segments fancy intense and fancy vivid demonstrated robust price increases, which were offset to some extent by price declines of color diamonds in the “Fancy” category, according to FCRF's press release.

The Fancy Color Diamond Index is a composite representation of changes in fancy color diamond price points gathered since 2005, is published by the non-profit Fancy Color Research Foundation (FCRF), and tracks pricing data for yellow, pink and blue fancy color diamonds in three key global trading centers – Hong Kong, New York and Tel Aviv. FCRF Advisory Board chairman Eden Rachminov said, “Highly coveted fancy intense and vivid blues are challenging to find in the market, while interest and demand for these categories continue to grow.” Mr. Rachminov added, “This trend is likely to continue well into 2017 as owners react to supply shortages with price hikes.”

See a chart of the FCDIndex in annex.

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