Alrosa has announced that in 2018, it will hold 30 international auctions for the sale of special size natural rough diamonds over 10.8 carats.
Five auctions will be held in Q1, ten in Q2, six in Q3 and 9 in Q4. According to a press release, two auctions will be held in New York, eleven will be held in Moscow. In April and September, Alrosa will hold auctions in Vladivostok. It is also planned to hold auctions in the largest international diamond trading centers where ALROSA’s sales offices operate. Two of them will be held in Antwerp, four in Dubai, six in Ramat Gan and three in Hong Kong.
Yevgeny Agureev, Director of the United Selling Organization of Alrosa, said: “Russian laws stipulate that special size rough diamonds over 10.8 carats can be sold only at auctions. Such diamonds are traditionally in high demand both on Russian and international markets – as a rule, 60 to 100 companies from different countries take part in auctions for their sale. Preliminary figures indicate that in 2017 the Company sold 153 thousand carats worth almost $365 million at international auctions for special size rough diamonds”.
The complete schedule of international auctions for the sale of special size rough diamonds in 2018 is posted on ALROSA’s sales website.
