The Rapaport Group has released its annual Diamond Price Statistics Report for 2015. This analysis, which evaluates the performance of polished diamond prices, provides an in-depth analysis of both trends and changes within the category.
According to the report, diamond prices fell last year. Profitability was weakened due to a sluggish consumer demand and high rough prices relative to the resulting polished. Additionally, inventory levels were high due to excessive rough buying in previous years, while polished demand slowed and too many diamonds became available for too few buyers.
The document also provides a complete study of the history and current standing of the global diamond market. It is available for purchase online for $250 at Rapaport.com, and has also been released in the January 2016 issue of Rapaport Magazine for all subscribers. CJ
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
