Press Releases

Q2 2017

Fancy color diamond price index unchanged during Q2 2017

 

Blue fancy color diamond prices appreciate moderately

 

New York, August 7, 2017: Analysis of pricing data by the Fancy Color Research Foundation (FCRF) for the second quarter of 2017 indicates overall pricing stability across all categories over the same quarter in the previous year. A deeper look at the data reveals that blue fancy color diamond prices continued to appreciate, climbing 5.5% over last year, while yellow fancy color diamond prices declined by 2.5% for the year. Overall, the Fancy Color Diamond Index for all shapes and sizes was flat for the period. According to RAPI™ during the same period, most white diamond categories experienced meaningful price declines.

 

Category Q2/17 vs. Q1/17 Q2/17 vs. Q2/16
All fancy color diamonds (0.3%) 0.0%
All yellow fancy color diamonds (0.8%) (2.5%)
All pink fancy color diamonds (0.5%) (0.4%)
All blue fancy color diamonds 0.8% 5.5%

 

The strongest performing price categories during Q2 2017 were 10 carat fancy intense blue, 5 carat fancy vivid blue and 8 carat fancy intense blue, which appreciated by 2.5%, 2.4% and 2.3%, respectively.

On a year-on-year basis, when compared to Q2 2016 the strongest performing categories were 1 carat fancy vivid blue, 8 carat fancy intense blue and 1 carat fancy intense blue, appreciating by 13.1%, 11.5% and 11.4% respectively. The weakest categories were large carat yellow fancy color diamonds. As in recent periods, across all color segments, fancy intense and fancy vivid broadly demonstrated price increases, whereas color diamonds in the “Fancy” category maintained price softness. For a complete data analysis, please visit www.fcresearch.org.

 

The Fancy Color Diamond Index 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 Efraim Zion said, “Demand in China and other Asian markets for extremely rare fancy color diamonds is still robust. However the pipeline is experiencing continued supply shortages, which results in price stability, and in some categories continued appreciation. We will not be seeing changes in the foreseeable future.” Mr. Zion added, “Yellow fancy color stones are enjoying healthy demand as well, however their price behavior, especially for the commercial categories, more closely resembles that of white diamonds.” 

 

About FCRF

The Fancy Color Research Foundation (FCRF) works to provide fact-based support for fancy color diamonds as an asset class, and to empower fancy color diamond sellers through a new information channel that improves consumer experience.

 

The FCRF:

  • Provides members with unique analytic tools and innovative commercial research;
  • Promotes fair and transparent buyer experience through the Fancy Color Diamond Price Index;
  • Offers members a proprietary ability to analyze and compare fancy color diamond rarity.

Q1 2017

 

Fancy color diamond price index slightly up in Q1 2017

 

Price stability especially for yellow and pink fancy color diamonds

 

New York, April 26, 2017: The Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy color diamond categories. The main exception was blue fancy color diamonds, which saw a 1.9% price increase in the first 3 months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy color diamond prices remained largely unchanged. Overall, the Fancy Color Diamond Index for all shapes and sizes was up 0.2% for the period.

 

Category Q1/17 vs. Q4/16 Q1/17 vs. Q1/16
All fancy color diamonds 0.2% 0.7%
All yellow fancy color diamonds (0.2%) (2.5%)
All pink fancy color diamonds (0.2%) 0.8%
All blue fancy color diamonds 1.9% 5.7%

 

The strongest performing price categories during Q1 2017 were fancy intense and fancy vivid blue diamonds across all carat sizes.

 

On a year-on-year basis, when compared to Q1 2016, the Fancy Color Diamond Index is up 0.7% with blue fancy and pink fancy up 5.7% and 0.8%, respectively, and yellow fancy down 2.5%. 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. For a complete data analysis, please visit www.fcresearch.org.

 

The Fancy Color Diamond Index 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.”

 

 

About FCRF

 

The Fancy Color Research Foundation (FCRF) works to provide fact-based support for fancy color diamonds as an asset class, and to empower fancy color diamond sellers through a new information channel that improves consumer experience.

 

The FCRF:

  • Provides members with unique analytic tools and innovative commercial research;
  • Promotes fair and transparent buyer experience through the Fancy Color Diamond Price Index;
  • Offers members a proprietary ability to analyze and compare fancy color diamond rarity.

 

Q4 2016

 

Driven by demand for blue diamonds, fancy color diamond prices up slightly in 2016

 

Blue fancy color price rise offset by continued decline in fancy yellow diamond prices

 

 

New York, February 2, 2017: Demand for blue diamonds increased substantially during 2016, while demand for yellows continued to fall. For the full year 2016, the Fancy Color Diamond Index rose by 0.4%, driven by price increases for blue and pink diamonds of 5.5% and 1.4%, respectively, and offset by a 4.0% decline in prices of yellow diamonds.

 

According to wholesale pricing data collected by the Fancy Color Research Foundation (FCRF), on average prices for fancy color diamonds remained unchanged in the Q4 2016. The overall trends were similar to the ones identified in the first three quarters. For more than 18 months, transactional data has pointed to two clear pricing trends: consistent demand-driven price increases for blue fancy color diamonds, partially offset by continued price declines in lower-cost, commercial yellow fancy color diamonds.

 

In the fourth quarter of 2016 prices of blue diamonds increased 1.5%, while pink diamond prices remained largely unchanged. Prices of yellow diamonds declined by 1.4%, more than during the third quarter of the year. Overall, prices in the fancy color diamond category were slightly down during Q4, while prices of white diamonds decreased significantly during the same period, as a result of the India liquidity crisis. According to RAPI™, 0.50 and 1.00 carat white diamonds declined by 4.8% and 3.0%, respectively, between October and December 2016.

 

 

Category Q4/16 vs. Q3/16 Q4/16 vs. Q4/15
All fancy color diamonds (0.2%) 0.4%
All fancy yellow diamonds (1.4%) (4.0%)
All fancy pink diamonds (0.2%) 1.4%
All fancy blue diamonds 1.5% 5.5%

 

The strongest price performers during Q4 2016 were the fancy vivid blue in the 10ct, 1ct and 2ct categories, appreciating by 5.6%, 4.8% and 4.3%, respectively. On the other side, price declines between 1-2% were identified across most yellow categories, including “fancy”, intense and vivid. Nevertheless, rare yellow diamonds (namely unique intense and vivid yellow) did not see price declines.

 

For a complete data analysis, please visit www.fcresearch.org.

 

The Fancy Color Diamond Index is calculated based on live pricing inputs from a large sample of the world’s leading traders of fancy color diamonds in Asia, United States and the Middle East. The Index is published by the non-profit Fancy Color Research Foundation (FCRF), and tracks pricing data for yellow, pink and blue fancy color diamonds.

 

FCRF Advisory Board chairman Jim Pounds said, “Blue fancy color diamond prices are at their all-time peak due to a combination of very thin supply and a healthy demand. Overall, high quality, and well cut vivid blues and pinks do not exist in sufficient volume to create price stability”. He added: “Highly saturated yellow rough diamonds, especially vivids, have recently achieved high prices in tenders, likely representing improved demand that will impact prices.”

 

About FCRF

 

The Fancy Color Research Foundation goals are: to empower fancy color diamond sellers by improving consumer experience through a new information channel and to provide fact-based support for fancy color diamonds as an asset class.

 

To achieve that, the FCRF:

  • Provides members with unique analytic tools and innovative commercial research;
  • Promotes fair and transparent buyer experience through the Fancy Color Diamond Price Index;
  • Introduces a proprietary ability to analyze and compare fancy color diamond rarity.

Q3 2016

Demand for natural blue diamonds drives continued fancy color diamond price increases

 

Fancy vivid blue price appreciation more than offsets ongoing softness in commercial fancy yellow diamond prices

 

New York, November 3, 2016:

 

Analysis of wholesale pricing data, conducted by the Fancy Color Research Foundation (FCRF), reveals that fancy color diamond prices continued to climb at a moderate pace in the period between July and October 2016, very similar to the data reading during the period of April to June 2016. For more than a year now, transactional data testifies to two opposite pricing trends in fancy color diamonds: consistent demand-driven price increases for pink and more notably blue diamonds, partially offset by continued price declines in lower-cost, commercial yellow diamonds.

 

Prices of blue and pink diamonds increased 1.2% and 0.5%, respectively, in the third quarter. Prices of yellow diamonds have declined by 0.1%, more than during the second quarter of the year. Overall, prices in the fancy color diamond category climbed by 0.4% for the period. During the same period, prices of white diamonds continued sliding, a multi-year trend by now. According to RAPI™, white diamonds declined by 4.3% between January and October 2016, with significant declines during October (including 2.3% for 1 carat diamonds).

 

Category Q3/16 vs. Q2/16 Q3/16 vs. Q3/15
All fancy color diamonds 0.4% 0.9%
All fancy yellow diamonds (0.1%) (1.6%)
All fancy pink diamonds 0.5% 1.7%
All fancy blue diamonds 1.2% 3.2%

The strongest price performers during Q3 2016 were the fancy vivid blue and fancy pink categories across all carat sizes, appreciating by 6.7% and 3.1%, respectively. On the other side, price declines between 1-3%were captured for all yellow categories, including fancy, intense and vivid. Trader interviews reveal that certain intense and vivid yellow diamond shapes such as rounds, pears and emeralds, did not experience price declines.

 

For the trailing 12 months through October 2016, the Fancy Color Diamond Index appreciated by 0.9%, driven by prices increases for blue and pink diamonds of 3.2% and 1.7%, respectively, and offset by a 1.6% decline in prices of yellow diamonds. For a complete data set, please visit www.fcresearch.org.

 

The Fancy Color Diamond Index is calculated based on live pricing inputs from a large sample of the world’s leading traders of fancy color diamonds in Asia, United States and the Middle East. The Index is published by theFancy Color Research Foundation (FCRF), and tracks pricing data for yellow, pink and blue fancy color diamonds.

 

According to FCRF Advisory Board chairman Ephraim Zion, “high quality, rare fancy color diamonds, especially well cut vivid blues and vivid pinks, have continuously demonstrated their price resilience, as their supply is very limited, effectively neutralizing the effect of economic conditions on consumer demand”. He further commented that “it is encouraging to see some stabilization in the prices of commercial fancy yellow product, as inventories mainly in the US are running low after a long period of sluggish demand”.

 

 

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