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...

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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...

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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 reports its October 2020 diamond sales results

11 november 2020
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Image credit: ALROSA

ALROSA reported its rough and polished sales results for October and ten months of 2020.
Sales of rough and polished diamonds in October totaled $310.0 million, including proceeds from rough diamond sales of $299.3 million, and polished diamond sales of $10.7 million.
For ten months of 2020, total rough and polished diamond sales accounted for $1,890 million, including $1,808 million of rough diamond sales and $82.1 million of polished, according to a press release.  .
“In October, demand for rough and polished diamonds continued its gradual recovery, a trend seen since August, as cutters and jewelry retailers replenished their stock of end products and raw materials before the festive season. ALROSA has responded to a changing market environment and customer demands by altering the usual rhythm of its monthly trading sessions, making them no longer inextricably tied to specific calendar months,” Evgeny Agureev, Deputy CEO of ALROSA, commented.
According to him, “it means that our results for October reflect some of the previous trading session, which carried over from September to the first half of the following month”.
As you may remember, this is what prompted us to pool the October and November trading sessions together, with the latter already in progress. The October figures also include auction sales in that month. In any event, ALROSA’s sales policy is still based on a responsible approach seeking to meet the end confirmed demand from our customers,” Agureev said.

Alex Shishlo for Rough&Polished