Press release – ALROSA, the world’s largest diamond miner, announces diamond sales results for July and seven months of 2018.
ALROSA July 2018 sales of rough and polished diamonds increased by 16% yoy to $339.1 million. Rough diamond sales by value amounted to $333.8 million, polished diamond sales – $5.3 million.
January-July 2018 total diamond sales grew 9% yoy to $3.029 billion.During the 7 months of 2018, rough diamonds were sold for $2.973 billion, polished diamonds – for $55.3 million.
“Compared to last year, demand for rough diamonds remains more balanced – almost all diamond categories benefit from continued demand in key markets globally. In July, there was a minor seasonal softening on the market in the run up to August holidays, but not as intensive as last year. Demand for expensive high-quality diamonds kept being strong during seven months,” commented on the sales results ALROSA Deputy CEO Yury Okoemov.