Rough Diamond Demand Recovering, Says ALROSA

ALROSA (MCX:ALNU) announced that at its annual meeting with long-term customers in Antwerp, it was noted that demand for rough diamonds is “gradually recovering” after weakening midway through this year.

As quoted in the press release:

It was noted that demand for rough diamonds is gradually recovering after weakening period in the middle of 2013. Market experts assume that growing demand for polished diamonds and decrease of world diamond supply will be the fundamental growth drivers for rough diamond prices in the medium term, despite of volatility of rough diamonds market seen last years.

Click here to read the full ALROSA (MCX:ALNU) press release.