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Jaipur . 2016-06-15
Gemstone market news
Aquamarine instead of water
Hot weather make water scarce. Rajasthan is dry and dam levels are low. The only "aqua" which is plenty is the gemstone aquamarine

Hot weather make water scarce. Rajasthan is dry and dam levels are low. The only "aqua" which is plenty is the gemstone aquamarine. This blue beryl is pouring from Orissa State in facet and cabochon. Wonderful deep color gems are available in big sizes. Broker said it comes from a new pit in Orissa State. Mozambique aquamarine is constantly coming and even material from new a pocket from Brazil reached our hot market.
Heavy sun seemed to burn the green tsavorite garnet supply as this rare gemstone quite disappeared from Jaipur market even in small ovals and bead necklaces. Is it an effect of the grip of TanzaniteOne on tsavorite market? we will see later as mine profitability is on low to commercial quality, where India is the best to obtain a good yield.
As India is the main buyer of lead glass rubies, we are not surprised that it now imports the low quality rough to process bead necklaces. Jaipur market is flooded with this better called "composite material" than ruby.
Ramadan month just started so gem business is slow and mostly done on early mornings, brokers spend afternoons in department stores for fresh air and preparing dinner menus.

Source : Roger Pingley
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