23/03/2016
General Overview
-Surprisingly high turnout of buyers and strong demand despite the proximity to Hong Kong March show last week.
-Slow demand for high totals.
-Very Fine pieces do move.
-Most selling items are in the $40,000-$60,000usd range.
Emeralds
-Demand for colombian goods increase as Zambian emerlads demand weakens.
-Colombian Emeralds price increases after the Colombian peso appreciated in 15% against a weaker dollar since the HK Show. Deals that started in HK were halted as the Colombian suppliers raised their prices.
Rubies
-Demand for Burmese Rubies is strong yet there is resistance in the market for further increase in prices.
-Strong demand for very-fine gem-quality Mozambique rubies in the 7ct-15ct range.
Diamonds
-Weak demand for big diamonds.
-Weak demand for white diamonds.
-Fancy shapes white diamonds - especially marquise, ovals, and pear shapes are in demand.
-Fancy color diamonds market is HOT.
-Blue diamonds are currently most sought after items; lack of supply of blue diamonds. Possible further increase in price of blue diamonds in the next year.
-Demand for pink diamonds are still strong. Yet pink prices seems to be maxed out. Pink prices predict to remain stable.
-Surprisingly high turnout of buyers and strong demand despite the proximity to Hong Kong March show last week.
-Slow demand for high totals.
-Very Fine pieces do move.
-Most selling items are in the $40,000-$60,000usd range.
Emeralds
-Demand for colombian goods increase as Zambian emerlads demand weakens.
-Colombian Emeralds price increases after the Colombian peso appreciated in 15% against a weaker dollar since the HK Show. Deals that started in HK were halted as the Colombian suppliers raised their prices.
Rubies
-Demand for Burmese Rubies is strong yet there is resistance in the market for further increase in prices.
-Strong demand for very-fine gem-quality Mozambique rubies in the 7ct-15ct range.
Diamonds
-Weak demand for big diamonds.
-Weak demand for white diamonds.
-Fancy shapes white diamonds - especially marquise, ovals, and pear shapes are in demand.
-Fancy color diamonds market is HOT.
-Blue diamonds are currently most sought after items; lack of supply of blue diamonds. Possible further increase in price of blue diamonds in the next year.
-Demand for pink diamonds are still strong. Yet pink prices seems to be maxed out. Pink prices predict to remain stable.