The revenue from sales of rough diamonds and polished diamonds totaled USD336.0 million in September, including USD328.2 million of rough diamond sales and USD7.8 million of polished diamond sales.

In the nine months of 2020, total sales of rough and polished diamonds totaled USD1,580 million, including USD1,508 million of rough diamonds and USD71.4 million of polished diamonds.

“Our sales in September show a continuation of the recovery in diamond demand that began in August as sellers and retailers gradually normalized their inventories. Our customers actively use our tools, which we have significantly improved during the pandemic, like the ALROSA video remote control service, to select goods without having to travel to Moscow.

Jewelry stores in the key end-consumer markets of the U.S. and China are beginning to win back customers, a trend well-supported by the rapid development of online retail. However, it is too early to talk about a steady recovery in demand before observing the results of jewelry sales for the Christmas season. This year we are experiencing it at a time when the epidemiological situation is deteriorating in many countries,” said Evgeny Agureev, ALROSA’s deputy CEO.