You are cordially invited to join us at Hong Kong In Asia World Expo Fair 2024:
As it does at all three of the major Hong Kong shows, MID House of Diamonds will mount a massive display of merchandise at the In Asia World Expo 2024 featuring a large collection of white and fancy-colored loose diamonds, including blue, pink, green and yellow, in all shapes and sizes from 0.30 carats to plus-10.00 carats.
All eight of the company’s international sales offices will be sending much of their top-quality material to the show, among them a selection of rare GIA certified loose diamonds. Also on exhibition will be a collection of unique, high-end diamond jewelry, including rings, necklaces, bracelets and earrings, featuring white and fancy-colored diamonds.
MID House of Diamond booth will be located at the AsiaWorld Export, Booth 7P14, September 2024. It already is possible to set up an appointment with MID at the show by contacting the company’s Hong Kong office, led by Rafael Kish and Ehud Gavrielov, at tel: +852-2-545-7118 or email: [email protected].
Please call +852-2-545-7118 or send us an email at [email protected] to schedule an appointment or to request a copy of our latest custom design catalog.3in4
MID House of Diamonds will be among the exhibitors at the June 2020 JCK Vegas Show. Come say Hi!
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Home » Diamonds blog » Fancy Color Market Sluggish but Pink Diamonds Stay Buoyant
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The Fancy Color Diamond Index tracks pricing data for yellow, pink and blue fancy-color diamonds in Hong Kong, New York, Geneva and Tel Aviv.
According to FCRF, the organization’s Fancy Color Diamond Index (FCDI) dipped by a very modest 0.1 percent during the course of the second quarter of the year, even as the price of pink diamonds continued to rise.
“The recent price declines in the white goods created an overall negative psychological effect on all diamonds,” stated Eden Rachminov, a FCRF board member. “This is probably the reason we also witnessed a decline of 0.1 percent in the Fancy Color Index. Definitely a good time to buy now.”
PINKS RISE BY 0.4 PERCENT IN PRICE DURING Q2
Comparing the second quarter to the corresponding quarter in 2018, pink diamonds showed an upturn of 0.4 percent, in stark contrast to the 0.5 percent decrease that was reported 12 months earlier.
FCRF provided no specific reason for the better performance of the pink stone category, although it may be speculated that the recent announcement by Rio Tinto that it will be soon closing down in Argyle Mine. More than 90 percent of the pink diamond in the marketplace today are said to have originated at the Western Australian facility.
The Pink category continued to outperform all other categories. All fancy vivid pinks rose by 1.3 percent, with fancy vivid pinks of 2 carats and 3 carats respectively increasing in price by 2.8 percent and 2.6 percent during the second quarter of this year.
However, reported FCRF, pink diamonds of between 1 carat 1.5 carats showed price decreases of 0.7 percent and 0.2 percent respectively.
BLUE FANCY COLORS OUTPERFORM YELLOWS
The FCRF reports indicated that yellow fancy color diamonds declined in price by an average of 0.8 percent vis-a-vis the 0.2 percent increase in the second quarter of 2018. This was primarily influenced by stone in the 1-carat to 3-carat category, with the sharpest downturn being seen with 1-caraters, which on average fell in price by 2.7 percent.
Nonetheless, in the 8-carat category, fancy yellow diamond had a surprising upturn, rising by 2.1 percent in price, compared to a 4.8 percent decrease in price during the first quarter of 2019.
Blue diamonds showed a 0.3 percent decrease during the second quarter of 2019, reported FCRF, compared to a 1.5 percent increase in the same quarter in 2018. IN this category the average price was affected mainly by the decline of 0.9 percent in the 8-carat to 10-carat weight category.
All blue diamonds of in the 1-carat to 3-carat rose in price, with an appreciation of 2.3 percent in the 1.5 carat category, in all color saturations, reported FCRF. The highest rise in price was in the 1.5 carat fancy vivid blue, where an average increase of 4.8 percent was reported.