New York: 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 colordiamonds||(0.2%)||(2.5%)|
|All pink fancy color diamonds||(0.2%)||0.8%|
|All blue fancy colordiamonds||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.”