Date: 10 months ago   Category: Industry

ALROSA has increased sales of diamonds and diamonds in August by 14% — to $295 million — Rambler News Service


The diamond-mining company "ALROSA" has sold in August, 2018 diamond and diamond products for the sum of $295 million that is 14% higher than a similar indicator of 2017, the company has reported. "In August of the current year the ALROSA group has sold diamond and diamond products for the total amount of $294,9 million (14%). The sales volume of diamond raw materials in value terms was $283,2 million, diamonds − $11,7 million", - it is said in the statement. In total in January-August, 2018 sales of diamond and diamond production in value terms have grown by 9%, to $3,323 billion. At the same time the total cost of the realized diamond raw materials in 8 months 2018 was $3,256 billion, diamonds – $67 million. "Despite weakening of the market, traditional for August, sales volume both diamonds, and diamonds it has appeared significantly more, than the previous year. The positive tendencies in the sphere of sales of a jewelry with diamonds observed since the beginning of year promote stable demand, in particular on diamonds of high price category. At the same time in August the tendency to easing of demand in a segment of inexpensive goods has proceeded", – the deputy CEO of the company Yury Okoyemov has told. His words are cited in the message. ALROSA expects in the medium term of support of sales of diamond raw materials due to the growing demand for jewelry with diamonds in the USA, China and India.

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