Monday, June 01, 2020

Alrosa Allows Deferrals At Third Consecutive Sale

Alrosa has continued its policy of enabling customers to hold off buying its rough diamonds until later in the year, aiming to avoid flooding the market with diamonds. The flexibility will be in place at the June contract sale, marking the third consecutive month in which Alrosa has allowed 100% deferrals. Clients may still purchase remotely if they wish. History shows a responsible approach to sales of diamonds is the main way to accelerate market recovery after a crisis.


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