Alrosa sales of combined rough and polished diamonds in January grew 6% year-on-year to $430 million, including proceeds from rough diamond sales of $421 million (+8%), and polished diamond sales of $9 million (-39%).
“January sales demonstrate an improving demand for jewellery at key consumer markets – namely in China and the USA. Lack of excessive diamonds stocks at the midstream provided an additional support for rough diamond demand, as cutters and polishers enjoyed an option to purchase diamonds based on their real requirements,” said Evgeny Agureev, Deputy CEO of Alrosa.