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From: Iris Diamonds
Date: Tue May 28 08:32:42 2002
 
     
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    We are now in mid year by all means. markets are relatively quiet as
    people are over the Passover season and gearing up for the new
    selling season in September. the JCK Vegas fair is coming up at the
    end of this week and expectations are high with large number of
    visitors expected. initial figures point to a sharp increase in
    potential visitors to this very important fair. 

    The improvement in the small size market (1/10 and below) continues
    with Asia dominating the market in using the low colors and the high
    clarity goods. a move which have created a shortage in these goods
    and a recent visit i made to Antwerp has proven that prices are
    picking up in this segment. 

    The "stars" (-6.5 in sieve) are definitely the stars of the season.
    recently the demand for such goods have been up nicely while prices
    have relatively remained in place. holders of such goods finally had
    a sigh of relief as they were able to move these goods. 

    Shortage in the better I, J, K clean goods continues with prices
    increasing for this segment. Rapaport price list finally recognized
    it and had its list adjusted recently. 

    Local problems in Thailand are having some effect on the market
    hopefully things will clear up soon. 

    Questions, comments: 

    Yoram Burg - General Manager - Sunrise Diamond Manufacturing Co.
    LTD. mailto: yoram AT irisdiamonds.com 


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