ALROSA reports preliminary rough and polished sales results for November 2021.
ALROSA sales of rough and polished diamonds in November totaled $334 million, including proceeds from rough diamond sales of $310 million, and polished diamond sales of $24 million.
For eleven months of 2021, total rough and polished diamond sales accounted for $3,915 million, including $3,736 million of rough diamond sales and $179 million of polished.
“End demand for diamond jewelry in the key markets keeps growing at a double-digit rate in Q4, driven by the unleashing of pent-up spending and higher confidence among the main consumer groups. Market participants see solid demand for bridal jewelry and expect this trend to continue in 2022. Midstream inventories are currently at low levels due to the limited availability of rough supplied by mining companies and continuously strong consumer demand,” said Evgeny Agureev, Deputy CEO of ALROSA.
ALROSA Group rough and polished diamond sales in 2021
Notes
Monthly sales results are preliminary and may be updated. Possible discrepancies are due to rounding. Data on the diamond market is the Company’s estimate based on the information available at the time of publication. More detailed Information on sales results the company discloses on a quarterly basis in its Trading updates along with operational results. Official information on the company’s revenue is disclosed in its consolidated IFRS results for the corresponding periods. Preliminary dates of such publications are available in Investor calendar.
