Fancy diamond category decreased by 1% in 2020
Yellow category lowered by 0.3%, Pinks by 0.9% and Blues tumbled by 1.3%
2020: FCRF Reports Fancy Color Diamond Prices!
The
Fancy Color Research Foundation (FCRF) announced the Fancy Color Diamond INDEX
results for Q4 and a summary of 2020.
Q4 Results:
Pink: The prices of all Pink diamonds overall remained without a change in Q4 2020, with Fancy and Fancy Intense categories presenting a slight increase.
The 1.00-1.49 and 2.00 to 2.99 carats segments presented an increase of 0.4% and 0.6% respectively, with the 2 carats Fancy Pink showing the highest increase of the quarter +1.4%.
Blue: The Fancy grade in the Blue Index presented an overall increase of 0.2%, while the 1.5 and 5 carats stood out with an increase of 0.5%. However, Blue diamond prices overall presented a 0.5% decrease in Q4, led by the Vivid category that decreased by 0.6%. This decrease occurred due to the soft price of the 1 carat segment in this quarter.
Yellow: The prices of Yellow diamonds in Q4 presented stability in all saturations, with the 3 carats segment increasing by 0.4%. The Fancy Intense 5 carat segment increased by 0.8% and the Fancy Vivid 3 carat segment rose by 0.7%. Interestingly, the Fancy Intense 1.5 carat segments showed a decrease of half a percent, while the Fancy grade 1.5 carat showed an increase of 0.6%.
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2020 results: Although 2020 was challenging in terms of logistics and travel, contrary to market expectations Fancy Color Diamond prices proved to be resilient, with minor price decreases across the board. Fancy Color diamonds decreased by less than one percent.
The
Yellow category decreased by 0.3%, Pinks by 0.9% and Blues by 1.3%. The Vivid
category in all colors and sizes showed better stability, decreasing only by
0.4%. The Intense category decreased by 0.9%, and the Fancy category by 1%.
FCRF Advisory Board member Eden Rachminov said: “2020 was a fascinating year; wholesalers and retailers alike had to overcome many logistical hurdles in order to finalize simple transactions, while demand for Fancy Color Diamonds was solid. I expect 2021 to be a bullish year for Yellows, their current price is relatively low and I think that a price increase is inevitable.”
The
Fancy Color Diamond Index is published by the non-profit Fancy Color Research
Foundation (FCRF), tracking pricing data for Yellow, Pink, and Blue fancy color
diamonds in major global trading centers - Hong Kong, New York, Geneva and Tel
Aviv.
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