December 10, 2020 – ALROSA reports its rough and polished sales results for November and 11 months of 2020.
Sales of rough and polished diamonds in November totaled $390.5 million, including proceeds from rough diamond sales of $374.1 million, and polished diamond sales of $16.4 million.
For 11 months of 2020, total rough and polished diamond sales accounted for $2,280 million, including $2,182 million of rough diamond sales and $98.4 million of polished.
“Demand for rough diamonds from our key clients in November remained strong enough as they bring their stocks to the normal levels amid the seasonal growth in demand for diamond jewellery in the USA and China. “High season” of Christmas and New Year sales traditionally supports the market towards the end of the year,” said Evgeny Agureev, Deputy CEO of ALROSA.
ALROSA Group rough and polished diamond sales in 2020
Monthly sales results are preliminary and may be updated. Data on the diamond market is the Company’s estimate based on the information available at the time of publication. More detailed Information on sales results the company discloses on a quarterly basis in its Trading updates along with operational results. Official information on the company’s revenue is disclosed in its consolidated IFRS results for the corresponding periods. Preliminary dates of such publications are available in Investor calendar.