ALROSA Monthly Sales Rise to $390M

AlrosaMoscow: ALROSA’s diamond sales increased in February from the previous month as demand held firm, the miner said on Thursday.

The company’s rough sales amounted to $389.8 million, with polished sales coming in at $12.1 million. Total diamond sales for the month increased 7 percent over January to $401.9 million.

“The results in February reflect stable demand in almost all rough diamond categories,” said Yury Okoemov, ALROSA’s vice president.

The March Hong Kong show was positive, providing reasons to remain optimistic about demand across the diamond market, the executive added.