Date: 6 days ago   Category: Industry

ALROSA has reduced sales of diamonds and diamonds in October by 28% — to $242,8 million — Rambler News Service


The sales volume of diamonds and diamonds of the ALROSA company in October, 2018 was $242,8 million, having reduced in annual terms by 28%, the press service of the company reports. "In October of the current year the ALROSA group has sold diamond and diamond products for the total amount of $242,8 million (-28% of yoy). The sales volume of diamond raw materials in value terms was $233,9 million, diamonds − $8,9 million" — it is said in the statement. In 10 months of sale of the company have grown by 6% in annual terms and have made $3,9 billion from which $3,822 billion were the share of diamonds, $83 million — of diamonds. According to the deputy CEO of the company Yury Okoyemov, in October demand for inexpensive melkorazmerny raw materials decreased. "We expect stabilization of a situation in December of this year – the first quarter of the following, predicting decrease in sales volumes in kind in the current year to 37-38 million carat. In monetary calculation we expect excess of indicators of sales of last year" — he has said.

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