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ALROSA Sells $1.98B Rough Diamonds In First Four Months Of 2018

ALROSA announced it had sold rough diamonds worth $1.98 billion over the four months from January through April this year, while polished sales for the period stood at $32.9 million. This aggregated to a total of $2.01 billion in sales for the first four months of 2018.

In April alone, ALROSA sold rough diamonds worth $396.2 million and polished worth $9.1 million for a monthly total of $405.3 million.

"In January-April, world markets saw consistent high demand for rough diamonds. In April, the diamond trade slowed down seasonally, as has been the case traditionally. Nevertheless, demand and sales results were good enough for this month, supported by an optimistic market trend and positive reports from retailers," commented ALROSA Deputy CEO Yury Okoemov.

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