The Morning Loupe
Daily Brief Archive
An analyst's view of rough diamonds, polished diamonds, and demand, delivered each trading morning and readable in the time it takes to finish your first cup of coffee.
Demand rotates into smaller stones while rough stays soft
De Beers' average selling price sits at $110/ct, still running about 37% below a year earlier on the Q2 comparison. That's a standing picture of a rough market…
Smaller stones firm as one-caraters stall
De Beers rough is $110/ct, down 37% YoY as of Q2 — a quarterly benchmark, not a fresh move, but it marks how deep the reset in rough pricing runs. With produce…
Rough Supply Rises While Smaller Polished Diamonds Continue to Firm
De Beers' Q2 report shows production nearly doubled year over year while the consolidated average realized price fell 37% to $110/ct. More goods are available…
Supply Keeps Exiting the Market Just as De Beers Resets Its Prices
De Beers has told clients it will align its book prices with the market at the July sight opening Monday in Gaborone, after running 20%–30% above market on sma…
Demand Shifts to Smaller Goods as De Beers Tightens the Pipeline
During the July sales cycle, De Beers cut official rough-diamond prices and narrowed its sightholder roster from roughly 70 to 45–50. The primary pipeline is c…
De Beers Set to Ease Rough-Diamond Prices at the July Sight
According to Rapaport, De Beers is poised to lower prices or widen discounts at the July Sight, after listed prices for smaller goods remained 20% to 30% above…