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

In November 2017, ALROSA Group sold US$334.2 million worth of rough and polished diamonds. Rough diamond sales by value amounted to US$325.8 million, polished diamond sales - US$8.4 million.

In January-November 2017, ALROSA's rough and polished diamond sales amounted to US$4.029 billion. Rough diamonds were sold for US$3.942 billion, polished diamonds - for US$87.4 million.

"Sales in November were consistent with our expectations. The core sales markets displayed strong demand for rough diamonds. The significant sales growth in monetary terms against last November (+36 per cent) is due, in part, to the low base effect. As a result of the currency reform in India late last year, the demand for rough diamonds from small and middle-sized cutting and polishing companies in this country was temporarily reduced," ALROSA Vice President Yury Okoemov commented on the sales in November.