ALROSA will hold a tender faceted and rough diamonds during the sixth in a row the International Diamond Week in Israel (IDWI) 13-16 February 2017 in the building of the Israel Diamond Exchange (IDE).
The auction will consist of 108 boxes of rough diamonds weighing from 11 to 199 carats, as well as several unique white and fancy colored diamonds weighing from 10 to 80 carats, including five that have been created from one very large diamond, the report said, prevalence IDE.
The centerpiece of the auction ALROSA will hold 80.59-carat round diamond "Star Viluysk", which will be put on the trading floor during IDWI IDE, along with other special stones companies.
President of ALROSA Andrei Zharkov will be guest of honor at IDWI. His visit coincided with the opening of the International Center for the Tender IDE (International Tender Center), which will hold a tender of rough diamonds and large producers of rough diamonds and diamond dealers.
Alrosa, the world's largest diamond producer by volume in carats, carries out regular tenders polished and rough diamonds on the Israeli stock exchange in a few years.
Recently ALROSA and IDE have signed a Memorandum of Understanding aimed at enhancing cooperation between the two organizations in various fields. During his stay at Zharkov IDWI he and his team will meet with the leaders of the IDE to discuss specific terms of the Memorandum, including increasing the supply of rough diamonds.
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The De Beers noted that the demand for diamond jewelry among consumers in the US reached a record $ 39 billion last year.
Group said demand from consumers in the United States increased by 5% compared to 2014 year due to sustained economic recovery, higher employment and wage growth.
"Despite the fact that 2015 was a difficult one for the demand for diamonds, the consumption of diamond jewelry has been stable," - said the executive director of De Beers Philippe Mellier (Philippe Mellier).
"It is encouraging that the US - the largest and most mature market - still the strongest growth, while consumer base in China continues to increase," - he adds.
"Medium-term and long-term prospects for demand for diamond jewelry remains positive on the background growth of the US economy and in view of the increase in the proportion of the middle class in developing countries", - concluded Mellier.
United States remains the world's largest market for diamond jewelery, the share of global demand for diamonds in the country increased from 42% to 45% in 2015, says the De Beers.
Demand in China last year also proved to be quite high.
At the same time, demand in Japan, India and the Gulf countries, expressed in local currencies, was down in 2015 due to a stronger US dollar.
The De Beers added that demand around the world fell by 13% in dollar terms due to macroeconomic issues in emerging markets and against the background of strengthening the dollar.
"The forecast for 2016 is based on expectations of steady, but slower economic growth worldwide, which will manifest itself in slowing the growth of developing economies and recovery in developed countries. US is likely to once again become the main engine of growth in demand (for diamond jewelry) in 2016 ", - stated in the De Beers statement.
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