Alrosa November Sales Up 5% Year-Over-Year

By IDEX Online Staff Reporter / December 10, 2019 / www.idexonline.com / Article Link

(IDEX Online) - Alrosa's sales of rough and polished diamonds in November increased 5 percent year-over-year, the miner announced today (Tuesday). Sales reached $287.8 million during the month. 

Rough diamond sales mounted to $282.1 million while polished diamond sales totaled $5.8 million.

For the year to date, Alrosa has sold $2,974 million worth of goods. During the first 11 months of 2019, rough diamond sales totaled $2,921 million and polished diamonds $53 million.

 

"November sales growth [is] evidence that [the] midstream sector, specifically in India, is on track to restore its balance," said deputy CEO Evgeny Agureev. Somewhat more active purchasing activity at end-consumers in key regions also provide support to our sales volumes," he added. 

Rough diamonds and grinding powders, $ mln*

Polished diamonds, $ mln**

Total rough and polished diamonds, $ mln

January

278.2

3.4

281.6

February

340.6

5.0

345.6

March

369.2

8.0

377.1

April

315.8

2.9

318.7

May

261.1

5.0

266.0

June

219.3

3.1

222.4

July

164.6

5.9

170.5

August

180.2

1.5

181.8

September

256.5

2.2

258.7

October

253.9

10.4

264.4

November

282.1

5.8

287.8

Total

2,921.3

53.0

2,974.4

*Including supplies to Kristall Production Corporation

** Not including sales of polished diamonds manufactured by Kristall Production Corporation

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