NEW YORK--(BUSINESS WIRE)--The Rapaport Group released its annual Diamond Price Statistics Report for 2015 today, evaluating the performance of polished diamond prices. The report provides an in-depth analysis of the trends in polished diamond prices during the past year and it compares the price changes of specific diamond categories.
The report demonstrates that diamond prices fell in 2015. Profitability came under pressure due to sluggish consumer demand and high rough prices relative to the resulting polished. 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 Rapaport Diamond Price Statistics Report charts the progression of polished diamond prices and indexes in various sizes throughout the year and across a period of up to 37 years. In doing so, the report provides a complete study of the history and current standing of the global diamond market.
Also included in the report is a diamond investment analysis detailing how various diamond categories have performed over the past 10 and 20 years in relation to other common investment instruments.
The all-inclusive report is available for purchase online at http://store.rapaport.com/ for $250 and has also been released in the January 2016 issue of Rapaport Magazine for all respective subscribers.
About the Rapaport RapNet Diamond Index (RAPI™): The RAPI is based on the average asking price in hundred $/ct. of the 10 best priced diamonds, for the top 25 quality round diamonds (D-H, IF-VS2, RapSpec-A3 and better) offered for sale on RapNet – Rapaport Diamond Trading Network. The RAPI is provided for various sizes. www.RapNet.com has daily listings of over 1.1 million diamonds valued at about $8 billion. Additional information is available at www.Diamonds.net.
About the Rapaport Group: The Rapaport Group is an international network of companies providing added value services that support the development of fair, transparent, competitive and efficient diamond and jewelry markets. Established in 1978, the Rapaport Price List is the primary source of diamond price and market information. Group activities include Rapaport Information Services, Rapaport Magazine, and Diamonds.net, providing research, analysis and news; RapNet – the world’s largest diamond trading network; Rapaport Laboratory Services provides GIA gemological services in India, Belgium and Israel; and Rapaport Trading and Auction Services specializing in recycled diamonds and jewelry. The Group supports over 20,000 clients in 118 countries and employs 220 people with offices in New York, Las Vegas, Antwerp, Ramat Gan, Mumbai, Surat, Dubai and Hong Kong. Additional information is available at www.Diamonds.net.
Martin Rapaport (Publisher) grants limited permission to use copyrighted data appearing in this press release in and in conjunction with journalistic copy, reporting or articles concerning diamond pricing and information in graph or data presentation format only. The following credit notice must appear alongside, underneath, or in close proximity to any use of the copyrighted data: “Used with permission of Rapaport US, Inc. Copyright © Martin Rapaport. All rights reserved.”