Alrosa diamond sale jumps +14% YoY in August!
Growth
registered with sales at US, China and India
Alrosa,
the world’s largest diamond producer, announces diamond sales results for
August and eight months of 2018.
In
August, Alrosa Group sold USD 294.9 million worth of rough and polished
diamonds that shows a jump of +14% YoY. Rough diamond sales by value amounted
to USD 283.2 million, polished diamond sales – USD 11.7 million.
Alrosa’s
total diamond sales in January-August 2018 grew by 9% YoY up to USD 3.323
billion, including rough diamond sales of USD 3.256 billion and polished
diamond sales of USD 67 million.
“Despite
traditional August market slowdown, sales of both rough and polished diamonds
were much higher than a year before. Positive trends in diamond jewelry sales
observed since the beginning of the year contribute to stable demand for almost
the entire range of our products, especially for high-price rough diamonds, says
Alrosa Deputy CEO for Sales Yury Okoemov.
Basically,
we maintain moderately positive outlook for the rough and polished diamond
market growth in 2018. In the medium term, rough diamond sales will be
supported by the growing demand for diamond jewelry in the main jewelry
consuming countries – the US, China and India.”
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