On the 1st May 2019 the Fancy Colour Research Foundation (FCRF) released results of the Fancy Colour Diamond Index' first quarter of 2019. Overall prices decreased by 0.2 percent in the first quarter of 2019, influenced by a decrease in the yellow category. Pink diamonds performed well with an increase of 0.5 percent, blue diamonds showed a very slight decrease of 0.2 percent, and yellow diamonds achieved a more significant reduction of 1.5 percent.
Pink
The pink diamond category in all saturation and sizes increased by 0.5 percent, led by the three and five carat vivid pink categories, which increased by an average of 3.1 percent. The rest of the categories showed no change in comparison to the previous quarter.
Blue
Although the fancy blue 1.5 carat category showed an increase of 3.4 percent and, fancy vivid blue 1.5 carat category increased by 1.3 percent. the highest appreciation in the first quarter was presented by 1ct fancy intense blue, which showed a rise of 3.9 percent. The overall blue segment decreased by 0.2 percent on average. in comparison, the fourth quarter of 2018 showed 0.8 percent increase in this category.
Yellow
During the first quarter of the year, the yellow segment decreased by 1.5 percent. However, the one-carat category in fancy yellow increased by 1.2 percent showing a recovery after decreasing by 1.6 percent in 2018.
In Summary
Overall, compared to the first quarter of 2018, the Fancy Colour Diamond Index presents an increase in blue diamonds by 2.8 percent and in pink diamonds by 0.6 percent, and a decrease in the price of yellow diamonds by 3.5 percent.
What they said
FCRF Advisory Board member Oren Schneider said:
”At a time of diamond market uncertainty, fuelled by growing white diamond inventory and the emergence of lab grown diamonds, most categories of Fancy Colour diamonds are showing continued pricing stability, with the Pink segment posting slight price increases.”
What is the fancy coloured diamond index?
The Fancy Colour Diamond Index is published by the non-profit Fancy Colour Research Foundation (FCRF), tracking pricing data for yellow, pink, and blue fancy colour diamonds in three key global trading centres – Hong Kong, New York, and Tel Aviv.
What Does this mean?
In summary and as indicated by the below diagram, the coloured diamond market continues to perform well. Whilst the fancy pink and fancy yellow categories experienced challenges consistently over the previous four quarters, these were offset against the exceptional performance in the prior twelve months. With the exception of the first quarter, the fancy blue achieved month on month increases against the previous 12 months, resulting in an overall positive 12 months for the primary fancy coloured diamond market.
Beyond the previous 12 months
When expanding beyond the previous 12 months a full summary of the last 12 years diamond price index is demonstrated as follows:
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