Public Joint Stock Company ALROSA announced its sales performance for rough and polished diamonds in the period of January 2017. Total diamond sales touched USD 365.4 million, rising 60 percent on y-o-y basis.

The company sold a total of USD 358.2 million worth of rough diamonds and USD 7.28 million worth of polished diamonds in the said month.

“The first month of the year has expectedly demonstrated effective demand for rough diamonds in almost all market segments. The diamond cutting sector in India obviously copes with the problems caused by the currency reform in this country somewhat faster than expected. We still remain cautiously optimistic about the activity in the small-size, low-cost rough diamond segment,” says Yury Okoemov, ALROSA Vice President.