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.
-
Jul- 2016 -5 JulyEconomy
Brexit fuels uncertainty as polished diamond prices slide in June
Polished diamond prices fell in June and sentiment softened after “relatively weak” Las Vegas and Hong Kong shows, according to the Rapaport Group. The group said steady US demand supported the market but overall demand was sluggish, with Britain’s decision to leave the EU, the US election and continued weakness…
Read More » -
Jun- 2016 -7 JuneEconomy
Polished diamond prices dip in May
The price of polished diamonds declined slightly in May as buyers waited for the JCK Las Vegas show, which took place between 3 to 6 June. Despite this, the Rapaport Group’s RapNet Diamond Index (RAPI) said trading at the show was “relatively weak” with slower traffic than in previous years.…
Read More » -
May- 2016 -3 MayEconomy
Polished diamond prices dip in April
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period, according to the Rapaport Group. The group’s RapNet Diamond Index (RAPI) found the price of 1ct, GIA-graded diamonds, slipped 0.3% in April, while the price of 0.3ct and 0.5ct diamonds fell by 1.3%…
Read More » -
Apr- 2016 -5 AprilEconomy
Polished diamond prices remain stable in March
Prices of polished diamonds remained stable in March, according to the latest RapNet Diamond Index (RAPI) from the Rapaport Group. The company said prices were supported by steady dealer trading even though the outlook for consumer demand remains uncertain. It added, in the first quarter, sentiment improved as polished prices…
Read More » -
Mar- 2016 -1 MarchEconomy
Polished diamond prices remain firm in February
The price of polished diamonds continued to rise in February continuing the uptrend since November, according to new figures. The latest RapNet Diamond Index (RAPI) from the Rapaport Group said the market was supported by continued shortages, while trading slowed during the month as dealers in China and Hong Kong…
Read More » -
Feb- 2016 -2 FebruaryEconomy
Polished diamond prices rise for third consecutive month
Prices of polished diamonds have continued to rise in January as shortages continued to support the market, which also saw a boost from the holiday season. That is according to the latest RapNet Diamond Index (RAPI) which found the price of 1-carat, GIA-graded diamonds rose 0.9% during the month. RAPI…
Read More » -
Jan- 2016 -5 JanuaryEconomy
Polished diamond prices increase in December
The price of polished diamond continued to increase in December, boosted by last-minute Christmas holiday orders. The latest Rapnet Diamond Index (RAPI) from Rapaport found the price of 1-carat, GIA-graded diamonds increased 1.5% during the month. RAPI for 0.30-carat diamonds and 0.50-carat diamonds increased by 4.7% and 3% respectively, while…
Read More » -
Dec- 2015 -8 DecemberCurrent Affairs
Polished diamond prices increase for first time in six months
Polished diamond prices increased in November for the first time in six months, boosted by shortages of select categories and seasonal holiday demand. That is according to the latest RapNet Diamond Index (RAPI) which found 1-carat, GIA-graded diamonds rose 0.7% in price in November – its first increase in six…
Read More » -
Nov- 2015 -3 NovemberEconomy
Falling diamond prices continue in October despite trading uplift
Trading of diamonds improved in October but prices continued to fall, according to the latest figures from Rapaport. The latest RapNet Diamond Index (RAPI) for 1-carat, laboratory graded diamonds fell 1.3% in October as suppliers held on to large polished inventory and dealers tried to buy select goods at deep…
Read More » -
Oct- 2015 -29 OctoberCurrent Affairs
RapNet suspends members suspected of falsifying GIA reports
RapNet, the diamond trading network from Rapaport, has suspended 10 members pending further investigations surrounding alleged falsifications of Gemological Institute of America (GIA) reports. RapNet said the members have also been suspended by the GIA for allegedly participating in a scheme that hacked into the GIA’s computer system and upgraded…
Read More »
