An overall pricing stability was evident across all fancy colour diamond categories during the second quarter of 2017, latest data from the Fancy Color Research Foundation (FCRF) revealed.
Prices of blue fancy colour diamonds, however, rose 5.5 percent compared to the same period in 2016 while yellow fancy colour diamond prices dipped by 2.5 percent during the period in review.
“Overall, the Fancy Color Diamond Index for all shapes and sizes was flat for the period. Most white diamond categories experienced meaningful price declines,” noted FCRF.
The strongest-performing price categories during the second quarter of the year were 10-carat fancy intense blue, 5-carat fancy vivid blue and 8-carat fancy intense blue diamonds, which appreciated by 2.5 percent, 2.4 percent and 2.3 percent, respectively.
On a year-on-year basis, when compared to the second quarter of 2016, the top performers were 1-carat fancy vivid blue, 8-carat fancy intense blue and 1-carat fancy intense blue stones.
The weakest categories were large-carat yellow fancy colour diamonds, the foundation said.
Fancy intense and fancy vivid broadly demonstrated price increases whereas colour diamonds in the “fancy” category maintained softness in prices.
Efraim Zion, FCRF advisory board chairman, commented, “Demand in China and other Asian markets for extremely rare fancy colour 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.”
Yellow fancy colour stones are enjoying healthy demand as well, but the pricing behaviour, particularly for commercial categories, is mirroring that of white diamonds, added Zion.