ALROSA SELLS $2.2 MILLION OF POLISHED AT ISRAEL DIAMOND EXCHANGE

The next polished tender in Israel is scheduled for this fall

 

Credit: Alrosa

Diamond mining giant Alrosa sold $2.2 million worth of polished diamonds in a recently concluded tender at the Israel Diamond Exchange (IDE) in Ramat Gan.

Alrosa sold 14 polished diamonds weighing a total of 108 carats, and 48 fancy colored polished diamonds weighing 131.6 carats in total. Companies from Israel, the US, Belgium, India, Hong Kong and Russia participated in the tender. The next polished tender in Israel is scheduled for this fall. Pavel Vinikhin, Director of the DIAMONDS ALROSA cutting division, commented: “There is a continued interest in large polished diamonds over 3 carats in the market. Our assortment mostly consists of such stones. In Israel, we presented polished diamonds of different colors and cuts. Despite the relatively weak market, the auction went well, and we are pleased with the results”.