Rapaport TradeWire March 19, 2026

March 19, 2026

Rapaport Market Comment - March 19, 2026 Market slow. Demand split, with 2 ct. and larger steady. Demand exceeding supply for cream goods in rounds and long fancies, such as 2 ct. oversizes (2.50 to 2.99 ct.), D-J, VS2-SI2 diamonds with no dominant black spots or large inclusions. Indian sentiment low amid tariffs, Middle East war. India Feb. polished exports -1% YOY to $1.1B after returns; rough imports +8% to $799M. Dubai, Israel at standstill. De Beers customers awaiting updates on sightholder status. WFDB approves marketing budget for natural diamonds. Signet FY 2026 sales +2% to $6.8B, profit +381% to $294M; James Allen site to shut. Gem Diamonds wipes $77.5M off Letšeng mine's value. Lucara finds 37 ct. blue diamond. Read More

RAPNET DIAMOND INDEX (RAPI™)   Weekly Monthly Y2Y 0.30 ct 0.22% 0.95% -25.01% 0.50ct -0.03% 0.31% -27.29% 1.00 ct 0.09% -0.89% -10.96% 2.00 ct 0.23% 0.24% -2.61% 3.00 ct -0.39% 0.11% -0.72%

Market Reports   United States: Old mine and old European cuts in demand…   Belgium: Sentiment positive in large diamonds…   Israel: February polished exports down 18% year on year at $318.4 million after returns, rough imports down 39% at $36.9 million…   India: Some demand from Hong Kong, but not enough to kick-start market…   Hong Kong: Mainland seeing some e-commerce demand for 0.30 to 0.50 ct. diamonds…

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Podcast: A New Era for Old Cuts Guy Burton of Hancocks London discusses vintage diamond shapes. Listen Here

Spotlight on Pricing: Rapaport Magazine's Annual Report By Leah Meirovich What drove the diamond market in 2025? The latest issue digs into the numbers. Read More

Signet to Close James Allen E-Commerce Site Brand will remain as collection within Blue Nile. See More WFDB Allocates 'Significant' Budget for Natural-Diamond Marketing Organization will expand its initiative, primarily across digital and social platforms, aiming to reach younger customers. See More Lab-Grown Diamonds, Fine Jewelry Are 'Standouts' for Macy's Growth is part of strong "holiday destination" categories and trend of returning to the office, company says. See More Chow Sang Sang Expects Profit Jump Estimated rise is result of improved revenue in key markets. See More Prolonged Rough-Industry Slump Deepens Gem Diamonds' Loss Average value per carat down 21% to $1,105. See More Lucara's Karowe Mine Turns Up 37ct. Blue Diamond Company recovers type IIb stone from stockpile material. See More Alrosa Invests in Growing Russia's Diamond-Cutting Sector Mining company is also collaborating with regional leadership on a training program for careers in the industry. See More Swiss Watch Exports See Gains in Key Markets Shipments up 9% year on year in February. See More Christie's Names New Senior Watch Specialist Tom Heap joins the auction house from Sotheby's, where he oversaw sales as head of department. See More Kering Names CEO for Its New Jewelry Platform Jean-Marc Duplaix will manage the project, which aims to support growth of group's houses. See More LVMH Promotes Béatrice Goasglas to CEO of TAG Heuer New chief exec joined luxury watchmaker in 2018. See More Emerald Ring to Shine at Phillips Hong Kong 9-carat gemstone will carry $833,000 high estimate at the March 30 sale. See More JA Names 2026 GEM Award Winners Mark and Candy Udell receive Lifetime Achievement honor. See More

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