ALROSA sells rough and polished diamonds worth USD 541.9 million in February

ALROSA

Press release – ALROSA Group, the world leader in diamond production, announces diamond sales results for February and two months of 2018.

In February, ALROSA Group sold USD 541.9 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 532.8 million, polished diamond sales – USD 9.1 million.

In January–February 2018, ALROSA’s rough and polished diamond sales amounted to USD 1.046 billion. Rough diamonds were sold for USD 1.032 billion, polished diamonds – for USD 14.6 million.

In February, the core diamond markets were quite strong. The diamond cutting sector continues replenishing the stock. Demand for diamond products was also backed up by good jewelry sales in China on the eve of the Chinese New Year. Prices for diamonds in most size categories grew in January-February,” commented on the sales results ALROSA Deputy CEO Yury Okoemov.

Source ALROSA