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Rough diamond sales and polished diamond prices continued their recovery in February, yet caution remains the trade’s watchword as global demand for diamonds still is relatively weak.
Lucapa 404-carat
The Type IIa, D color stone found last month at the Lulo mine in Angola achieved a per-carat price of $39,580, a record price for a white diamond from the site.
Kunzite
Though it can come in a vivid violet color and is readily available in large pieces, kunzite remains relatively low in demand in the market, keeping it at a more accessible price point.
Shortages following a “reasonably good holiday season” in the United States spurred another increase in polished diamond prices, Rapaport said Tuesday.

The diamond miner and marketer said rough diamond sales totaled $540 million in its first sales cycle of the  year, more than double the $248 million recorded at the end of 2015.

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