Alrosa to cut rough prices by 10% at September auction

ALROSA will lower rough diamond prices at its September sale by 8 per cent to 10 per cent, Russian news agency Interfax reported Sept.15, citing unnamed sources.  "Preliminarily, the drop is 10 per cent, in the framework of the market situation," one of the sources was quoted as saying. Another said ALROSA would cut prices by 6 per cent to 13 per cent.....Read More