Diamonds

Save E-mail Print Most Popular RSS Reprints

Rapaport to publish weekly diamond-price list

January 18, 2008

Similar Stories | Topics

New York—The Rapaport Group announced on Thursday that it will now publish a weekly price list that sums up the best and average asking prices for select categories of diamonds.

In addition, Rapaport will also offer the new RapNet Asking Price Indices (RAPI) for D-H color, IF-VS2 clarity diamonds between 0.30 and 3 carats.

Rapaport will publish the new RapNet Best Price List in addition to its standard Rapaport Price List.

The new list will present independent asking price data that reflects volatile daily market forces and detailed discount information. The standard Rapaport Price List, however, will remain the primary source of diamond-price information, with its more stable pricing guidelines that are based on the opinion of Rapaport Chairman Martin Rapaport.

"The new RapNet Best Price list will enable increased transparency as it provides standardized discount information to the diamond trade," Rapaport said in a statement. "Dealers and retailers will now have better information as to the level of trading discounts from the Rapaport Price list. Traders will be able to monitor detailed movements of asking prices on an hourly and daily basis by monitoring RapNet trading screens and the new RAPI indices."

The RapNet Best Price List will be distributed only to members of the RapNet Diamond Trading Network and will reflect market conditions as of midnight Saturday EST.
Save E-mail Print Most Popular RSS Reprints
Post a Comment
* Required field
* Author:
* Comment:
 

Diamonds

Diamond industry continues call for rough reduction

Speakers at the Antwerp Diamond Symposium conclude that a reduction in rough-diamond supply, coupled with an increase in generic diamond marketing, is what the diamond industry needs to do to navigate the choppy economic waters. Read More

Diamond leaders push 'value' message
India to halt rough-diamond imports
More Diamonds

More Like This

Rap to publish 'asking prices' list
November 07, 2008 | National Jeweler Network
Rap to publish 'asking prices' list
November 07, 2008 | National Jeweler Network
Rap takes heat over price list increases
June 03, 2008 | National Jeweler Network
Rapaport backpedals on steep price list hike
May 29, 2008 | National Jeweler Network
Rapaport backpedals on steep price list hike
May 29, 2008 | National Jeweler Network

advertisement

Video

Small multi video player located on right rail of NJN site

advertisement

Two on-air jewelry retailers announce layoffs
JA members share tips for successful holiday
Antiquorum's Geneva auction nets $12.7 million
Gunman attempts jewelry robbery at Waldorf-Astoria
Ultra Stores refinances debt
JA members share tips for successful holiday
Two on-air jewelry retailers announce layoffs
As U.S. business slips, India's eyes wander
Gunman attempts jewelry robbery at Waldorf-Astoria
Kay Jewelers debuts Jane Seymour collection
Sponsored by:

Retailer Toolbar

LoupeIt
LoupeIt!
A search engine designed specifically for the jewelry industry where every return is relevant to the retail jeweler.
Newsletters
Newsletters
Topic-specific newsletters that deliver the latest news on jewelry, diamonds, wholesale operations and high-volume buying directly to your in-box.
Reader Connect
ReaderConnect
Supplier information presented with every article, bringing you related, actionable content on every topic.
Jewelry Yellow Pages
Yellow Pages
A comprehensive listing of associations, organizations, suppliers and services for the jewelry industry.
Classifieds
Classifieds
A comprehensive listing of job postings, product offerings and other materials for sale for the jewelry industry.
NJN Customer Connect
CustomerConnect
The most sophisticated suite of marketing services available for jewelry retailers, from Internet tools to data marketing.

advertisement