vrijdag 1 juni 2007

Sygma's Market Comments 6/1/2007
At this moment all eyes are on Vegas as global industry gathers for important JCK Show. American demand remains relatively sluggish with consumer price resistance. Big stones booming with developing foreign markets increasing market share. De Beers DTC is expecting to increase overall rough prices by 4-9 % this week. Prices of large better quality stones are expected to increase significantly with lower prices for smaller, medium to low quality rough diamonds.Fancy shape market is mixed, with booming demand, severe shortages and surging prices for large, fine quality, well shaped fancies but very weak, overstocked and illiquid, markets for smaller commercial goods.Buyers are paying premium prices for their selectivity and should consider broadening the range of well made fancies they buy.Well made large Heart Shapes are very strong in Hong Kong markets. Commercial quality Princess Cuts not as hot as they used to be with improving market for Pears and Emerald Cuts taking their market share. Off shape and poorly cut fancies extremely difficult to sell.Large rounds, 3 cts. up in huge demand in all qualities