Transactions picking up in Q3 2020: FCRF
The FCDI displayed a general stability! FCDI Q3 2020 decreased by 0.7% The Fancy Color Research Foundation (FCRF) announced the results of the Fancy Color Diamond Index (FCDI) for Q3 2020. 2020 will be remembered as the year the world stood still. Literally, most commercial and cargo flights halted, stores closed down and business resolved to work remotely with no travel to the office. Aligning with the Covid-19 restrictions, many businesses had not only to change the way they operate, but to slow down or close production completely. After two long quarters, in which the FCRF was unable to conduct a price survey, we are thrilled to publish the first index for 2020. Q3 2020 results says, on average, Fancy color prices slid down by 0.7%, however, with transactions picking up in Q3 2020, the FCDI displayed a general stability in relation to this chaotic period. The majority of categories experienced a decrease of less than 1%, while Yellow showed lower drop...