13 Aug 2020
DiamondWorld Directory
Home |
News
Home
ALROSA keeps unprecedented flexibility for its long-term customers during June trading session
Clients interested in purchasing diamonds in June may request the goods they need, getting all the required information and choosing rough remotely
By: Diamond World News Service
|
Jun 1 2020 12:44PM
|
Reference: 24959  

DecreaseIncrease

For ALROSA, maintaining the balanced state of the entire diamond value chain is a top priority. The company keeps unprecedentedly flexible terms for its long-term clients for June trading session. Just like during two previous sessions in April and May, the company allows its customers to refrain from buying, deferring June contract volumes to subsequent periods of the year.
 
Clients interested in purchasing diamonds in June may request the goods they need, getting all the required information and choosing rough remotely.
 
In order to keep the balance of the diamond chain during challenging times, ALROSA pursues ‘price over volume’ strategy, preventing oversupply by reducing sales volumes and strengthening the long-term potential of the diamond markets.
 
“The history shows that responsible approach to sales is the main way to accelerate market recovery after a crisis. Surely, under current market uncertainty maximizing short-term incomes at a cost of an overall market deterioration would be unwise. This is a third session at which we give our customers an opportunity to defer contracted volumes to the subsequent periods of the year. The regular feedback from our clients and overall situation in a midstream diamond segment show that this strategy is well proven”, commented ALROSA Deputy CEO Evgeny Agureev. “We are committed to the prudent sales policy and will use all available instruments to maintain supply and demand balance and normalize cutters’ level of inventories.”
 
ALROSA develops various measures to support its clients in these challenging times with COVID-19-related restrictions imposed on international travels. In May, the company held a digital tender with extended number of positions. After analyzing clients’ needs, ALROSA offered its long-term customers to choose from over 800 rough diamonds from 5-10 carats batches and significantly upgraded its digital trading platform..

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
 
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
HouseAd_Trade Fair
Recent Issue
2020
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: 26920
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 1144
GJEPC Chairman Interview
Views: 24046
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 31219
Promo for IJ Awards 2012 at NDTV Profit
Views: 45476
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 57748
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 18416
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 44171
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 42326
Advertisement
GIA_2020
Advertisement
Kosher 250300
Member of:
Supporter of: