IDEX's October Price Report Shows Declines Concentrated in Mid-Size Rounds
IDEX Online's monthly price report reviews the direction of polished asking prices during October. Read the full report for the size-by-size breakdown.
Read original on IdexonlineExecutive Summary
IDEX Online's latest asking-price report tracks where polished prices moved up and where they moved down across rounds and fancy shapes in October. It is useful for anyone quoting or valuing mid-size goods going into the holiday weeks. The size-band detail is available in the full report via the Source Link.
Industry Impact
An asking-price table is a gauge of sentiment rather than a record of transactions, and its value to a dealer is directional. When the declines cluster in one part of the size range while the extremes firm, the message is that the pressure is specific rather than a market-wide slide. For a trader quoting against a list, that argues for repricing the soft categories promptly instead of holding a blended average that flatters the weak goods and undersells the firm ones. The midstream sees the same split as a question of yield: which makeable sizes still justify the rough behind them. It is the stones sitting in the squeezed middle, financed and unsold, that carry the real cost of a drifting month.
Next Steps
- Reprice soft mid-size round inventory against this month's direction rather than a quarter-old blended average.
- Keep firmer categories, such as the smallest rounds and selected larger fancy shapes, separate in your quote sheet so strength is not averaged away.
- Prioritize clearing financed mid-size goods where asking prices are drifting lower.
- Treat asking-price moves as a sentiment signal and confirm against actual bids before resetting memo prices.
- Revisit which rough makeable sizes still pencil out given the softer middle of the range.