GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

Today

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

ALROSA May sales of rough and polished diamonds are down compared to the last year’s results

10 june 2019

alrosa_logo.jpgALROSA, the world’s largest diamond miner, announces diamond sales results for May and five months of 2019.
In May, ALROSA Group sold $266 million worth of rough and polished diamonds which shows the decrease in sales compared with last year when the company sold $288.0 million worth of rough and polished products. Rough diamond sales by value amounted to $261.1 million, polished diamond sales –$5.0 million, while last year rough diamond sales amounted to $277.5 million, polished diamond sales – $10.5 million.
ALROSA’s total rough and polished diamond sales in January-May 2019 also fell amounting to $1,589 million compared to USD 2.299 billion gained from the sales from January to May, 2018. During the five months of 2019, rough diamonds were sold for $1,564.9 million, polished diamonds – for $24.1 million, while in 2018 rough diamonds sales of the company went up to $2.256 billion and polished diamonds sales to $43.3 million.
“We see the market entering its seasonal slowdown phase. The India’s cutting and polishing sector is still facing a challenge of financing, which holds back the growth in demand for diamond products. The retailers’ stock level remains quite high but keeps declining – this process will take some time. At the same time, we should note the activity of end consumers of jewelry products in the main markets. While the global diamond production is expected to decrease: by 4% in Q1 compared to the same period last year. These factors give us the reasons to expect that the stock level in the system will gradually get back to normal,” commented Evgeny Agureev, Director of the United Selling Organization ALROSA, member of the Executive Committee.