Can The Diamond Trade Live Without Diamond Price Lists?

Finance and Trade
02/08/2015 08:39

Price lists have become an increasingly important part of the diamond market over the past 25 years – and the Rapaport list has achieved overwhelming importance. But do, and can, such lists, provide an accurate indication of diamond prices? Are changes to the list carried out too often and are those changes too severe particularly at a time when trading conditions are difficult? Is there a realistic alternative to the Rap list, or will the industry have to live with it?