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Alrosa’s July Diamond Sales Total $334 Million

Total sales in July went down 18% month-on-month
Diamond Sorting
Credit: Alrosa

In July, Alrosa’s sales of rough and polished diamonds totaled $334 million, including rough diamond sales of $318 million and polished sales of $15 million. Total sales in July went down 18% month-on-month.

 

Underground diamond mining Russia
Credit: Alrosa

 

For the seven months of 2021, total rough diamond and polished sales totaled $2.67 billion, including $2.55 billion of rough sales and $122 million of polished.

 

Earlier this month, Alrosa stated that rough diamond prices have “rebounded to pre-crisis levels by early August,” adding that “jewellery demand remained robust in July, following a strong first half of the year, when it increased by an average of 35% and 15% in the US and China, respectively.”

 

Mirny Diamonds
Credit: Alrosa

 

Alrosa also announced that it plans to buy more rough diamonds from Gokhran, Russia’s state repository in order to replenish “its dwindling stocks.” In July, Alrosa “bought about 70% of the 1.02 million carats” offered by Gokhran.



Tags: Diamonds News, Diamond Industry News, Alrosa News, Diamond Prices News

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