Weak Indian Demand Dents Alrosa Sales
RAPAPORT... Sales at Alrosa fell 21% year on year to $318.7 million inApril amid a continued slowdown in the Indian manufacturing sector.
Rough-diamond sales dropped 20% to $315.8 million for themonth, while polished revenue plummeted 68% to $2.9 million.
“In the first months of 2019, the global diamond market saw somewhat weaker demand from cutters and polishers due to both dia...