Alrosa Releases 2020 Supply Schedule
RAPAPORT... Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also hold 34 auctions of rough diamonds over 10.8 carats, with 11 taking place in Moscow and three in the Russian city of Vladivostok. Other sales will occur in Antwerp, Dubai, Hong Kong, New York and Ramat Gan.Contract sales account for 70% of Alrosa's sales volumes, while auctions contribute around 10%. The company also offers rough through ad-hoc deals, known as spot transactions, and carries out its own polishing. According to Russian law, all diamonds above 10.8 carats must go up for auction.The full 2020 schedule is as follows:Diamond Supply Agreement for Alrosa and its subsidiaries, Alrosa-Nyurba, Severalmaz and Almazy Anabara:?EUR?January 15-17 and January 20-21 ?EUR?February 12-14 and February 17 (Excludes supply from Almazy Anabara) ?EUR?March 10-13 and March 16 ?EUR?April 6-10 ?EUR?May 13-15 and May 18-19 (Excludes supply from Almazy Anabara) ?EUR?June 9-11 and June 15 (Excludes supply from Almazy Anabara) ?EUR?July 13-17 (Excludes supply from Almazy Anabara) ?EUR?August 10-14 (Excludes supply from Almazy Anabara) ?EUR?September 10-11 and September 14-16 ?EUR?October 12-16?EUR?November 11-13 and November 16-18?EUR?December 7-11International auctions of rough diamonds above 10.8 carats:
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