In the six months between January–June 2017, ALROSA’s rough and polished diamond sales edged up to $2.497 billion. Rough diamonds were sold for $ 2.442 billion, polished diamonds – for $ 54.9 million.
“In the first half of 2017, the company cut down finished stock due to positive rough diamond market trends. The stock structure as at the start of the year, predominantly small-size, rather inexpensive goods, had a significant impact on the sales structure. We consider the existing rough diamond market environment to be stable, though we saw a seasonal slowdown by the end of June,” said ALROSA Vice President Yury Okoemov.
Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet