ALROSA sold 2.79 billion worth of diamonds in seven months

MINEX FORUM | August 10, 2017 | Views: 41

 ALROSA Group, the world leader in diamond production, announces diamond sales results for July and seven months of 2017.

In July 2017, ALROSA Group sold $293.5 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $286.1 million, polished diamond sales – $7.4 million.

In January–July 2017, ALROSA’s rough and polished diamond sales amounted to $2.79 billion. Rough diamonds were sold for $2.728 billion, polished diamonds – for $62.3 million.

“In July, there was a seasonal drop in demand on the market in the run up to August holidays. A good demand for rough diamonds with an upward trend in prices was demonstrated in the first half of the year. The Company cut down the stock accumulated by the start of the year,” ALROSA Vice President Yury Okoemov commented on the sales in the first seven months of this year.

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