[Jewelry making - Article 00368] - [Orchid] Diamonds - Current trends

[Yoram Burg]

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    With the approach of the Easter and the Thai New Year (better known
    as Songkran) the Asian markets came to a rest during the beginning of
    April. right before that, the region saw some positive signs of
    improvements in the diamond business especially during the HKG fair
    of last March. the fair saw a significant increase in the amount of
    diamond buyers especially with the fact that most of them couldn't
    make it to the last September fair due to the tragic reasons
    concerning the terror attack in the US. 

    The last 2 months saw an improvement in the demand for the small size
    diamonds. in Asia for instance, "commercial color" goods (I,J) are
    well received by the local traders as well as by the jewelers as they
    are being cheap in value yet nice looking in size when set in a piece
    of jewellery. prices of such goods have adjusted accordingly and not
    to the better... prices have actually declined and allowed for more
    jewelry companies to migrate and use the better cut diamonds (such as
    the Thai-Cut and Chinese Cut goods instead of the Indian-Cut
    Diamonds). this change was better felt in Asian markets. 

    Recent slowdown in the demand for 1/10 stones have also bottomed out
    and during the last few weeks we can see an improving demand for such
    goods. prices however, are in need for an upward adjustment. 

    In the "Pointer" market (0.20/Ct+), there is a demand now for better
    cut 0.20 and 0.25 stones. again, the main consumption for the better
    quality goods is the Asian market with prices generally meeting the
    sellers expected sell price. 

    Larger goods are in shortage of certain types especially the well cut
    4/4 and 8/8 I,J,K  colors. prices have increased quite a lot in
    recent weeks, with customers not recognizing the need to pay more to
    get hold of such goods. 

    Yoram Burg - General manager - Sunrise Diamond (Bangkok) 
    sunrise_diamond AT inet.co.th  +662 - 5102338
    http://SUNRISEdiamond.tripod.com

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