The Fancy Color Diamond Index for the first quarter of 2017 indicated pricing stability across most fancy colour diamond categories. The main exception was blue fancy colour diamonds, which saw a 1.9 percent price increase in the first three months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy colour diamond prices remained largely unchanged. Overall, the Fancy Color Diamond Index for all shapes and sizes was up 0.2 percent for the period.
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 was up 0.7 percent with blue fancy and pink fancy up 5.7 percent and 0.8 percent, respectively, and yellow fancy down 2.5 percent. As in Q4 2016, across all colour segments, fancy intense and fancy vivid demonstrated robust price increases, which were offset to some extent by price declines of colour diamonds in the “Fancy” category.
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 colour diamonds in three key global trading centres – Hong Kong, New York and Tel Aviv.
“Highly coveted fancy intense and vivid blues are challenging to find in the market, while interest and demand for these categories continue to grow,” said Eden Rachminov, chairman of the FCRF Advisory Board.
“This trend is likely to continue well into 2017 as owners react to supply shortages with price hikes.”
| Category | Q1/17 vs. Q4/16 | Q1/17 vs. Q1/16 |
| All fancy colour diamonds | 0.2% | 0.7% |
| All yellow fancy colour diamonds | (0.2%) | (2.5%) |
| All pink fancy colour diamonds | (0.2%) | 0.8% |
| All blue fancy colour diamonds | 1.9% | 5.7% |
[Source:- jewellerynewsasia]