ALROSA sells rough and polished diamonds worth USD 293.5 million in July

ALROSA Group, the world leader in diamond production, announces diamond sales results for July and seven months of 2017.

In July 2017, ALROSA Group sold USD 293.5 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 286.1 million, polished diamond sales – USD 7.4 million.

In January–July 2017, ALROSA’s rough and polished diamond sales amounted to USD 2.79 billion. Rough diamonds were sold for USD 2.728 billion, polished diamonds – for USD 62.3 million.

“In July, there was a seasonal drop in demand on the market in the run up to August holidays. A good demand for rough diamonds with an upward trend in prices was demonstrated in the first half of the year. The Company cut down the stock accumulated by the start of the year,” ALROSA Vice President Yury Okoemov commented on the sales in the first seven months of this year.