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ALROSA sold over 600 diamonds at auctions in April
ALROSA sold 608 special size diamonds at auctions in April. The trades were held at sites in Dubai, Moscow, Antwerp and Ramat Gan.
According to the press service of ALROSA, 121 diamonds over 10,8 carats with traditional physical displays were sold in Antwerp. Revenue from this site amounted to $ 10,3 million. At the auction in Moscow, 237 lots with a total weight of 3 carats were sold for $ 353 million. In Dubai, 12,2 diamonds with a total weight of 137 carats were sold for $ 2 million. In Ramat Gan, the auction ended with revenue of $ 126 million, 10,7 diamonds were sold.
The buyers were companies from Belgium, India, Israel, the United Arab Emirates, Russia and China. As noted by Deputy General Director of ALROSA Yevgeny Agureyev, the results of the auction indicate that the market remains in a stable demand for high-quality jewelry raw materials. During the April auctions, the company sold more than 90% of the lots presented.