ZCZC
BCN-12
RUSSIA-ALROSA-DIAMOND-AUCTION
Alrosa sells large diamonds worth $9.6 mln at an auction in Israel
MOSCOW, February 7, 2019 (BSS/TASS) – Russian diamond producer Alrosa has
sold 92 rough diamonds of a special size (more than 10.8 carats) with a total
weight of 1,570 carats at an auction in Israel, the company said in a press
release. This was the first auction Alrosa held this year.
According to the press release, the total sales revenue amounted to $9.6
mln.
Companies from Israel, Russia, Hong Kong, Belgium, India, the United Arab
Emirates and the United States took part in the auction.
“The auction in Israel is the first one in our schedule, and we are
satisfied with its results. Until the end of the year, we will hold five more
auctions here. We also continue to analyze the situation in the global
diamond market and see some difficulties with demand, however, in the next
two months we expect it to recover,” Member of the Management Board and
Director of the United Sales Organization at Alrosa Evgeny Agureev said in
the press release.
In 2018, Alrosa held six auctions for special size rough diamonds in
Israel, and the revenue for the year reached almost $90 mln.
BSS/TASS/HR/1110