Alrosa Sales +21% in Jan-Feb

(IDEX Online News) – Alrosa sold $694 million worth of rough and polished diamonds in January-February of this year, a 20.9 percent, year-over-year increase.

The Russian diamond miner did not provide a breakdown by goods or volume information.

Alrosa said it expects to sell rough and polished diamonds worth $1,123 million in the first quarter of the year, setting a goal of $429 million for March.

The company said it is seeing a steadily growing global demand for rough diamonds.

Since the beginning of the year, demand for polished diamonds and diamond jewelry has grown by 8 percent -12 percent with a slight drop in global diamond production, according to the company.