For colored diamonds prices have continued to grow moderately in the third quarter of 2016, the same as in the second quarter. It is reported by Research Foundation fancy color diamonds (Fancy Color Research Foundation, FCRF) , referring to the analysis carried out by them.
According to the report the Fund during the year, data showed two opposite trends in pricing for the fancy colored diamonds. One of them talks about a rise in prices on the pink and blue diamonds due to the increase in demand, while the decline in prices was noted in the category of yellow diamonds. Prices of blue and pink diamonds in the third quarter increased by 1.2% and 0.5% respectively. Prices for yellow diamonds fell by 0.1% more than in the second quarter of this year. In general, prices in the category of fancy colored diamonds increased by 0.4% in the reporting period.
The report also said that the strongest price growth during the third quarter of 2016 showed a fancy vivid blue and pink fancy stones of all sizes, has risen in price by 6.7% and 3.1%, respectively. On the other hand, the decline in prices was recorded by 1-3% for all categories of yellow diamonds, including fancy, intense and bright stones. However, some bright yellow diamonds are round, pear and emerald facets have not experienced price declines.
In the 12 months ended in October 2016, the index of Fancy Color Diamond Index rose 0.9%, driven by higher prices for blue and pink diamonds by 3.2% and 1.7%, respectively, offset by a decrease in the price of yellow diamonds 1.6%.
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The International Diamond Week in Israel (International Diamond Week Israel, IDWI) , which will be held 14-18 February, will show not only the individual diamonds, but also the first time in the history of the event jewelry with them. Products will present Member of the Israel Diamond Exchange (Israel Diamond Exchange, IDE).
Stiven Vebster (Stephen Webster) and Gaetano Cavalieri (Gaetano Cavalieri), President of the World Jewelery Confederation (CIBJO), were invited as special guests at the event.
Diamond Jewelry have become an important part of the business of many Israeli diamond companies. In recognition of this trend IDWI emphasize the important role of jewelry in the industry.
The show will be held in a special section of the trading floor, and will include IDE twenty member companies. The focus will be valuable jewelry with white and fancy colored diamonds, as well as more affordable types of jewelry.
"We recognize that the diamond jewelry have become an essential part of the business representatives of the Israeli diamond industry. More and more, IDE members diversify their products by introducing its own collection of jewelry. They use creative abilities and skills of representatives of the Israeli industry. I plan to promote and develop the industry diamond jewelry in the Israeli industry ", - President said u'Dvash IDE Yoram (Yoram Dvash).
He added that within IDWI Exchange plans to announce the launch of the Israeli Association of jewelry (Israel Diamond Jewelry Association). The new organization will promote the production of diamond jewelry in Israel.
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