A 6% sales growth in 2018 at Alrosa
December sales of rough and Polished up by 38% YoY Alrosa, the world leader in diamond production, announces rough and polished diamond sales results for December and preliminary results for 2018. Alrosa December sales of rough and polished diamonds increased by 38% YoY to $328.7. Rough diamond sales reached $323.7 million, polished diamond sales were $5 million. Alrosa’s total diamond sales in 2018 grew 6% YoY to $4.507 billion. Rough diamonds sales grew to $4.412 billion, polished diamonds sales stood at $95.3 million. “A 6% sales growth in 2018 was driven by both high demand for rough diamonds and positive price dynamics in the first half of the year, market demand was strong in all rough diamond categories, and traditional slowdown in demand in the second quarter due to seasonality was not registered this year. In the second half of the year, buying activity in the low-priced product segment significantly deteriorated due to weakening of the global market s...