Martin Rapaport

Rapaport Press Release: Diamond Prices Firm Amid Optimistic Outlook

Retrieved on: 
Tuesday, July 6, 2021
Natural Resources, Other Retail, Luxury, Retail, Mining, Minerals, Martin Rapaport, Diamond, Rapaport Diamond Report, Rappaport, Materials, Gemstones, Allotropes of carbon

Sales were weaker in the D to H, IF to VS range amid a shift in demand toward SIs.

Key Points: 
  • Sales were weaker in the D to H, IF to VS range amid a shift in demand toward SIs.
  • However, the market is optimistic for the holiday season due to the retail recovery in the US and China.
  • Rapaport will explore the theme of Sustainable Growth in the July issue of Rapaport Magazine and on the Diamonds.net portal this month.
  • The short-term outlook the one-year outlook is very good to excellent, said Rapaport Group Chairman Martin Rapaport.

Rapaport Press Release: Steady Demand Lifts Diamond Prices

Retrieved on: 
Tuesday, June 1, 2021
Natural Resources, Other Retail, Luxury, Retail, Mining, Minerals, Minerals, Diamond, Materials, Classification of minerals, Diamonds as an investment, Rapaport Diamond Report, Diamantaire, Martin Rapaport

Demand for 0.30- to 0.50-carat, D to H, IF to VS2 diamonds improved in May after a period of declining interest.

Key Points: 
  • Demand for 0.30- to 0.50-carat, D to H, IF to VS2 diamonds improved in May after a period of declining interest.
  • Rapaport will explore that dynamic in the June issue of Rapaport Magazine, as well as on the Diamonds.net portal and in a series of podcasts during the month.
  • Diamantaires are gaining confidence and keeping prices firm as orders flow in from the two largest diamond jewelry markets.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .

Rapaport Press Release: Diamond Prices Stable as Market Finds Balance

Retrieved on: 
Thursday, March 11, 2021
Retail, Luxury, Natural Resources, Mining, Minerals, Minerals, Economy, Diamond, Materials, Diamonds as an investment, Alrosa, De Beers, Supply and demand, Demand, Martin Rapaport

The market continues to enjoy a healthy balance between supply and demand.

Key Points: 
  • The market continues to enjoy a healthy balance between supply and demand.
  • Manufacturers are trying to protect their profit margins with firm polished prices after the recent hike in the cost of rough.
  • De Beers and Alrosa raised prices an average 3% to 5% in February, the third increase in as many months.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .

Rapaport Press Release: Diamond Prices Soften as Supply Rises

Retrieved on: 
Tuesday, February 2, 2021
Retail, Other Natural Resources, Luxury, Mining, Minerals, Other Retail, Bridal, Natural Resources, Minerals, Economy, Materials, Luxury brands, Diamonds as an investment, De Beers, Diamond, Alrosa, Petra Diamonds, Momentum, Price, Martin Rapaport

De Beers and Alrosa sold a combined $910 million during the month 17% more than a year earlier.

Key Points: 
  • De Beers and Alrosa sold a combined $910 million during the month 17% more than a year earlier.
  • The momentum continued in January, spurring the two miners to raise prices by 4% to 7%.
  • Rough prices at tenders by Mountain Province and Petra Diamonds rose 8% and are now back to pre-pandemic levels.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .

Rapaport Press Release: Diamond Prices Firm After Supply Declines

Retrieved on: 
Tuesday, January 5, 2021
Bridal, Natural Resources, Luxury, Retail, Mining, Minerals, Minerals, Diamond, Articles, Materials, Rapaport, Blood Diamond, Supply and demand, Martin Rapaport

The volume of 1-carat diamonds on RapNet in the D-H, IF-VS range the categories the RAPI measures declined 24% in the second half of 2020.

Key Points: 
  • The volume of 1-carat diamonds on RapNet in the D-H, IF-VS range the categories the RAPI measures declined 24% in the second half of 2020.
  • The top 10% of diamonds in that category were selling at an average of 32% below the Rapaport Price List on January 1, 2021, compared to 37% below on July 1, 2020.
  • The lower discount suggests that demand is stronger relative to the available supply.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .

Tokenized Investment-Grade Diamonds Can Now Be Enjoyed As Jewelry and Re-Tokenized For Investment Trading

Retrieved on: 
Wednesday, November 18, 2020
Minerals, Articles, Materials, Diamond, Gemstone, Blood Diamond, Diamonds as an investment, Martin Rapaport

But at that point the token is burned, and the diamond is not able to be traded or liquidated as part of an investment portfolio.

Key Points: 
  • But at that point the token is burned, and the diamond is not able to be traded or liquidated as part of an investment portfolio.
  • The grading is actually guaranteed, and the diamonds are immune to the gemological problems that occur with non investment-grade stones.
  • However, this just means investment-grade diamonds are that much more beautiful, and that much more worthy to be showcased as jewelry.
  • A hard asset portfolio partially diversified into diamonds, where those diamonds can be worn in the meantime by a loved one, yields double-value, continued Voorhees.

Rapaport Press Release: Diamond Market Cautious Ahead of Holidays

Retrieved on: 
Tuesday, November 3, 2020
Natural Resources, Other Retail, Luxury, Retail, Mining, Minerals, Minerals, Industries, Economy, Diamond, Crystals, De Beers, E-commerce, Rapaport, Martin Rapaport

Manufacturers raised polished production after the Indian government eased its Covid-19 restrictions.

Key Points: 
  • Manufacturers raised polished production after the Indian government eased its Covid-19 restrictions.
  • De Beers sales for the quarter rose an estimated 10% year on year to $917 million, with the September sight up 57%.
  • Jewelers with a strong digital presence are doing well as e-commerce continues to support the retail market and drive growth.
  • For in-depth diamond price, supply and demand data and analysis, subscribe to the Rapaport Research Report here .

Rapaport Press Release: Rapaport Auctions Sells $7 Million in September

Retrieved on: 
Tuesday, October 6, 2020
Retail, Luxury, Other Retail, Blood Diamonds, Martin Rapaport, Business models, Rapaport, Auction, Diamond, Business, Economy

We are pleased to see a return of market activity and are delighted with the success of our auctions.

Key Points: 
  • We are pleased to see a return of market activity and are delighted with the success of our auctions.
  • We look forward to our next series of auctions in November, said Michelle Ickowics, Managing Director of Rapaport Diamond Corporation.
  • At this time, we are increasing our investment in Rapaport Auctions and the RapNet Diamond Trading Network to ensure excellent trading opportunities for buyers and sellers.
  • Clients seeking assistance and opportunity are encouraged to contact us, said Martin Rapaport, Chairman of the Rapaport Group.

Global Diamond Industry - Recovery of the Industry Depends on Getting Consumers Back into Jewelry Stores as Big Players Lower Prices

Retrieved on: 
Wednesday, September 16, 2020
Minerals, Mining, Industries, Luxury brands, Diamond, Crystals, De Beers, Alrosa, Blood Diamond, Martin Rapaport, Diamonds as an investment

Both Alrosa and rival De Beers have lowered prices in their most recent sales.

Key Points: 
  • Both Alrosa and rival De Beers have lowered prices in their most recent sales.
  • The two companies had tried to defend the value of their diamonds however with the closure of jewelry stores and travel bans in effect, the global demand for diamonds was significantly reduced.
  • Many of their customers have not bought any significant amount of diamonds since February and will need to replenish inventories.
  • However, the recovery of the diamond industry will ultimately depend on getting consumers back into jewelry stores.

Diamonds Are Discounted: Biggest Producers Lower Prices For First Time Since Pandemic - ResearchAndMarkets.com

Retrieved on: 
Friday, September 11, 2020
Luxury, Retail, Minerals, Mining, Industries, Luxury brands, Diamond, Crystals, Alrosa, De Beers, Blood Diamond, Diamonds as an investment, Martin Rapaport

The two biggest diamond producers have lowered prices in an attempt to spur demand.

Key Points: 
  • The two biggest diamond producers have lowered prices in an attempt to spur demand.
  • Both Alrosa and rival De Beers have lowered prices in their most recent sales.
  • The two companies had tried to defend the value of their diamonds however with the closure of jewelry stores and travel bans in effect, the global demand for diamonds was significantly reduced.
  • Many of their customers have not bought any significant amount of diamonds since February and will need to replenish inventories.