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Alrosa sells large diamonds worth $9.6 mln at an auction in Israel

Companies from Israel, Russia, Hong Kong, Belgium, India, the United Arab Emirates and the United States took part in the auction

© Alexander Ryumin/TASS

MOSCOW, February 6. /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.

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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.

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