RapNet
RapNet is the global diamond trading network operated by Rapaport, serving as a vital online marketplace for sourcing, pricing, and selling diamonds within the jewellery trade. It plays a central role in connecting UK retailers, wholesalers, and diamond dealers with international suppliers and up-to-date market intelligence. Jewellery Focus covers all aspects of RapNet’s relevance to the industry, including platform developments, pricing trends, ethical sourcing issues, trade regulations, and its impact on diamond buying practices. Our reporting supports jewellery professionals in navigating the commercial, logistical, and reputational considerations of using RapNet as part of their diamond procurement strategy.
-
Oct- 2019 -7 OctoberManufacturers
Diamond market slows ahead of Christmas period, Rapaport reveals
According to Rapaport, Diamond market sentiment was at its weakest last month after the Hong Kong show demonstrated a slowdown in Chinese demand. With the number of diamonds on RapNet declining by 3.3% in September to 1.45 million, buyers from mainland China are said to be cautious, as the US-China…
Read More » -
May- 2019 -24 MayInternational
RapNet to vote on synthetics service
RapNet, the world’s largest diamond trading network with daily listings of over $7.4bn (£5.8bn), will be voting on whether it should provide diamond listing and pricing services for synthetic diamonds. Voting will be limited to registered RapNet members who log in to RapNet.com and will take place from 26 May…
Read More » -
Apr- 2018 -12 AprilEconomy
Diamond prices slow in March after events ‘impacted on confidence’
Diamond prices stabilised in March, but sentiment softened after a positive start to the year, says Rapaport. The international diamond network, said dealers were “disappointed with the Hong Kong diamond show and a major bank fraud involving two Indian jewellery companies impacted on confidence”. The RapNet Diamond Index (RAPI) for…
Read More » -
Apr- 2017 -3 AprilNews
Diamond market improves after a slow first quarter
The diamond market showed improvements in March after Chinese demand at the Hong Kong exhibition was better than expected. The latest RapNet Diamond Index from the Rapaport Group found the price of 1-carat polished diamonds increased by 0.1% in March and was down 1.1% during the first quarter. There was…
Read More » -
Feb- 2017 -6 FebruaryEconomy
Polished diamond prices slide in January
The price of polished diamonds fell in January despite a buoyant rough market, according to the latest RapNet Diamond Index from the Rapaport Group. Rapaport said polished trading was cautious after a disappointed holiday sales period for jewellery in the US, while the rough market was driven by expectations that…
Read More » -
Jan- 2017 -3 JanuaryEconomy
Diamond prices decline in December amid ‘India liquidity crisis’
Polished diamond prices softened in December as Indian liquidity dried up due to the government’s demonetisation policy, which eliminated 500 and 1,000 rupee notes. The RapNet Diamond Index (RAPI), from the Rapaport Group, found the price of 1-carat, GIA-graded, polished diamonds fell 1.3% during the month, while 3-carat diamonds and…
Read More » -
Dec- 2016 -6 DecemberEconomy
Polished diamond prices increase in November
Polished diamond prices increased in November, despite a slowdown in trading as Indian liquidity dried up and manufacturing shut down for Diwali. The latest RapNet Diamond Index (RAPI) from the Rapaport Group sentiment improved as the month began, with stock markets rallying to record highs on Thanksgiving weekend (28 Nov)…
Read More » -
Nov- 2016 -2 NovemberCurrent Affairs
Diamond prices decline in October
Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. The latest RapNet Diamond Index (RAPI) from the Rapaport Group also found trading slowed as larger US holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail…
Read More » -
Oct- 2016 -6 OctoberEconomy
Diamond prices stable in September
The diamond market was steady in September with better-than-expected sentiment at the Hong Kong Jewellery & Gem Fair. The latest RapNet Diamond Index (RAPI) from the Rapaport Group found the polished market was supported by “relatively high” rough prices as suppliers held polished prices firm, preferring to delay sales rather…
Read More » -
Sep- 2016 -6 SeptemberCurrent Affairs
Mixed month for diamond prices in August
The price of diamonds reported a mixed month in August, as polished inventory increased with steady manufacturing and sluggish demand. The RapNet Diamond Index (RAPI) – from the Rapaport Group – found the price of 1-carat diamonds fell 0.8% in August, while the price of 0.30-carat was flat. The price…
Read More »
