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Alrosa's Asian Sales Gain Momentum
Apr 5, 2017 8:36 AM
By Rapaport News
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RAPAPORT... Alrosa raised $12.9 million from a rough-diamond auction at
its new Eurasian Diamond Centre in Vladivostok.
The miner sold 21,000 carats of gem-quality rough for $8
million, at an average price of $380 per carat, the company said Tuesday. The
remaining $4.9 million of sales were from 440,000 carats of industrial-grade
diamonds.
The sale attracted 22 companies, including bidders from
China, South Korea, India, Europe and Russia. However, the main buyers were
Indian and Chinese, the company said.
Alrosa opened its office in Vladivostok — about 65
kilometers from Russia’s border with China — a year ago to boost sales to the
Asia-Pacific region. The company plans to sell 2 million carats of diamonds
worth a combined $73 million at the branch this year.
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Tags:
Alrosa, Auctions, China, Eurasian Diamond Centre, India, Rapaport News, Rough Diamonds, rough sales, Vladivostok
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