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.
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Oct- 2015 -13 OctoberEconomy
Polished diamond prices continue decline in September
Diamond suppliers are under pressure as polished prices fell even further in September, according to figures released today by Rapaport. The latest RapNet Diamond Index (RAPI) saw the price of 1-carat laboratory-graded diamonds drop 3% during the month. RAPI for 0.30-carat diamonds declined 2.7%, while RAPI for 0.50-carat diamonds slipped…
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Aug- 2015 -5 AugustCurrent Affairs
Diamond market mood plummets to 2008 levels
Diamond prices fell again in July as market sentiment slumped to levels not seen since the 2008 downturn, according to the latest report from Rapaport. The report said that manufacturers rejected large quantities of rough supply as trading and manufacturing activity plummeted. It said that rough prices are unsustainable due…
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Jul- 2015 -8 JulyEconomy
Diamond prices decline in June
Diamond prices continued to decline in June as decreased demand from the US and the Far East affected manufacturers. This is according to the latest report from Rapaport which found that diamond markets were relatively quiet as US demand after the JCK Las Vegas show was weaker than in previous…
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May- 2015 -6 MayCurrent Affairs
Polished diamond prices stabilize in April
Diamond markets were quiet in April despite a slight improvement in sentiment towards the end of the month as shortages helped stabilize prices. This is according to Rappaport’s Rapnet Diamond Index (RAPI) which said that many diamond suppliers did not lower their prices even though liquidity and profitability remain tight.…
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Apr- 2015 -1 AprilEconomy
Polished diamond prices fall in March
Polished diamond prices softened in March as trading volumes were restricted by weak demand, according to the latest report from Rapaport. Diamond market sentiment was “weak” throughout the first quarter, with jewellers avoiding large inventory purchases and buying focused on satisfying specific demand to fill existing orders. The RapNet Diamond…
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Mar- 2015 -5 MarchManufacturers
Polished diamond prices continue decline in February
Polished diamonds continued to decline in February despite “improved sentiment” ahead of the Hong Kong International Diamond, Gem and Pearl show. This is according to the RapNet Diamond Index (RAPI) which found prices for 0.30-carat diamonds declined by 1.3%, 0.50-carat diamonds fell by 1.4% and 3-carat diamonds decreased in price…
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Feb- 2015 -5 FebruaryEconomy
Polished diamond prices continue decline in January
Demand for polished diamonds improved in January but prices continued to drop, according to the RapNet Diamond Index (RAPI). The price of 1-carat laboratory graded diamonds fell 0.4% in January, the price of 0.30-carat diamonds dropped by 0.9%, price for 0.50-carat diamonds declined 1%, while price for 3-carat diamonds was…
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Jan- 2015 -8 JanuaryManufacturers
Polished diamonds prices fell 8.7% in 2014
Polished diamond prices fell in 2014 as demand in China slowed and liquidity dried up, with polished 1-carat prices dropping 8.7%, according to the RapNet Diamond Index (RAPI). For the year 2014, 0.3-carat diamonds also declined 6.5% and 3-carat diamonds dropped 6.6%. Only 0.5-carat diamonds increased, by a marginal 0.1%.…
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8 JanuaryProduct Launches
RapNet launches new Android app to access diamond market
Diamond trading network RapNet has released a new mobile app for Android, allowing its members to follow the diamond market on their smartphones. Following the successful release of its iPhone app, the Android app will allow RapNet members to follow the diamond market on the go, including access to advanced…
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Dec- 2014 -4 DecemberEconomy
Polished diamond suppliers reduce prices in November
Polished diamond prices fell in November as suppliers lowered prices in an effort to improve cash flow, according to Rapaport’s Rapnet Diamond Index (RAPI). The price for 1-carat laboratory-graded diamonds declined by 1.7% in November, while 0.3-carat diamonds fell 2.2% and 0.5-carat diamonds dropped 1.6%. Three-carat diamonds decreased by 1.8%…
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