Alrosa with a moderately positive outlook!
Alrosa
diamond sales totalled
$1,322.9mn
during January–April 2019
Recently Alrosa, the world’s largest diamond miner, announces diamond
sales for April and four months of 2019. April sales of
rough and polished diamonds reached $318.7 million. Rough diamond sales
amounted to $315.8 million, while those for polished diamonds stood at $2.9
million.
January–April
2019 rough and polished diamond sales totalled $1,322.9 million. During the
four months of 2019, the Company sold rough and polished diamonds for $1,303.8
million and $19.2 million, respectively.
“In
the first months of 2019, the global diamond market saw a somewhat weaker
demand from cutters and polishers due to both diamond stock normalization as
mid-streamers in India continue to experience difficulties with access to
affordable financing, and inherent cyclicality of the market.
The
Company maintains a moderately positive outlook for the foreseeable future,
expecting the market situation to improve in the second half of the year,”
noted Evgeny Agureev, Member of the Management Board-Director of the United
Sales Organization at Alrosa.
Alrosa Group rough and polished diamond sales in January-April 2019
Products
|
January
|
February
|
March
|
April
|
Rough diamonds and grinding
powders, $ mn
|
278.2
|
340.6
|
369.2
|
315.8
|
Polished
diamonds, $ mn
|
3.4
|
5.0
|
8.0
|
2.9
|
Total rough and polished
diamonds, $ mn
|
281.6
|
345.6
|
377.1
|
318.7
|
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