(IDEX Online) - The Alrosa Group has announced that it sold $405 million worth of rough and polished diamonds in January. That's an increase of 44 percent year-over-year.
The company said rough diamond sales to third parties amounted to $390.2 million, with polished diamond sales reaching $14.8 million.
"January saw steady demand for rough diamonds as cutters continued restocking on the back of positive Christmas jewellery retail sales," said Alrosa deputy CEO Evgeny Agureev.
Alrosa Group Rough and Polished Diamond Sales in 2020
2020* | Rough diamonds + grinding powders, $ mln | Polished diamonds, $ mln | Total rough + polished diamonds, $ mln |
January | 390.2 | 14.8 | 405.0 |
*All figures factor in Alrosa Group's integration of Kristall Production Corporation