17 Jun 2021
DiamondWorld Directory
Home |
News
Home
Long-term contracts to be cornerstone of Alrosa’s sales policy
Alrosa discusses current diamond market trends with its long-term clients
By: Diamond World News Service
|
Dec 10 2015 8:56AM
|
Reference: 12384  

DecreaseIncrease
Alrosa’s management, headed by the President Andrey Zharkov, convened a meeting with its long-term clients to summarize the preliminary results of 2015 and discuss current diamond market trends, on December 9.

Discussions by the attendees addressed the practice of supply under long-term contracts. According to Andrey Zharkov, the cornerstone of Alrosa’s sales policy will be long-term contracts. He identified that such a sales system provides the company and its clients with stable rough diamond supply and protects from market fluctuations, which is particularly topical in a weakening market.

Considering the market conditions, throughout the year Alrosa followed a conservative sales policy, having cut down the prices and rough diamond sales volumes. According to experts, rough diamond demand is showing signs of recovery, and market stabilization can be expected in 2016.

Other discussions by attendees included the need for generic marketing programs in order to stimulate demand for polished diamonds in the medium term. In 2015, the largest global diamond mining companies, including Alrosa, established the Diamond Producers Association (DPA) to promote polished diamond demand. The Association is expected to submit the first draft marketing strategy in the second quarter 2016.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2021
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 29300
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 5363
GJEPC Chairman Interview
Views: 25679
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 34964
Promo for IJ Awards 2012 at NDTV Profit
Views: 48631
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 61520
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 19948
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 47143
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 46163
Advertisement
GIA 2021
Advertisement
DW Whatsapp Sub sq
Member of:
Supporter of: