Russian diamond miner Alrosa has announce diamond sales results for July and first seven months of 2018. In July, the miner increased its rough and polished diamonds sales by 16% year-on-year to $339.1 million.
Rough diamond sales by value amounted to $333.8 million while polished diamond sales totaled $5.3 million.
From January to July 2018, total diamond sales grew 9% year-on-year to $3.029 billion. Rough diamonds sales totaled $2.973 billion during the period, while polished diamonds totaled $55.3 million.
Alrosa Deputy CEO Yury Okoemov commented on the results: “Compared to last year, demand for rough diamonds remains more balanced – almost all diamond categories benefit from continued demand in key markets globally. In July, there was a minor seasonal softening on the market in the run up to August holidays, but not as intensive as last year. Demand for expensive high-quality diamonds kept being strong during seven months”.
