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Alrosa’s rough and polished diamond sales continued to strengthen, fuelled by robust demand for diamond jewellery and generally favourable market conditions, the company announced recently.
While sales in October, which totalled US$308 million, were still slightly behind the US$310 million raised in the same period in 2020, January to October 2021 figures showed an 89 per cent increase to US$3.58 billion from last year’s US$1.89 billion.
Rough and polished sales in October this year reached US$293 million and US$15 million, respectively. For the 10 months of 2021, rough diamonds accounted for US$3.42 billion of total sales while polished stones generated US$155 million.
“Demand for jewellery in...
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