Rapaport Press Release: Diamond Prices See Mixed Trend in February
The RapNet Diamond Index (RAPI™) rose in the first half of the month before weakening in the second half.
- The RapNet Diamond Index (RAPI™) rose in the first half of the month before weakening in the second half.
- RAPI for 1-carat diamonds — reflecting round, D to H, IF to VS2 goods — declined 0.7% in February.
- Lower clarities performed better, with good demand for round, 0.50-, 1- and 2-carat, D to H, SI1 to SI2, RapSpec A3+ diamonds.
- American dealers were reluctant to buy for inventory, as the retail sector was in a seasonal slowdown after the holidays.