Alrosa during the June trading session with long-term customers left prices and limit the selection of month contract intact, reported "Interfax" the representatives of the two counterparties miners.
"In terms of price Alrosa slightly corrects, doing fine-tuning - for some categories raises prices on some decreases. In principle, prices are kept at the previous month's level, "- said to" Interfax "the deputy director of the Smolensk" Crystal "sales and marketing Nikolay Afanasev. This information was confirmed by a representative of another long-term client ALROSA.
Selection limit remained unchanged at 70% (ie, clients can refuse to purchase no more than 30% of the monthly volume of his contract), said N.Afanasev. Last time limit was changed in January, when it was set at 50%.
Prices for rough diamonds ALROSA virtually unchanged during the first half of the year, while in April, customers pay attention to the correction of an average of 1%, mainly on major raw materials - diamonds 5.10 carats.
For 5 months of this year, "price fluctuations" amounted to about 2% due to the rebalancing of prices in the index, said the president of ALROSA Andrey Zharkov, explaining: "2% of the price would go down, and then a little trim."
ALROSA, according to a statement A.Zharkova, expects prices for its products will be stable throughout the 2nd half of the year. The budget of ALROSA for 2016 suggests the possibility of reducing the cost of the rough diamond.
"If the product is sold, and it has a buyer, why cut prices. No rush, but too pessimistic. The market is quite a neutral set. There is also demand, within reasonable limits. No one in the pool with his head does not jump, and this should not wait "- said one of the clients of ALROSA.
Trading session (raw viewing and entering into binding contracts) ALROSA held June 14-17. For sale was billed raw ALROSA, "ALROSA-Nyurba" and "Severalmaz" (the latter is usually different for the worse quality). Raw placer "daughters" "Diamonds of Anabar" and "Lower Lena," last year's stocks of which were implemented in February-April, will again be offered to clients in September. The company does not comment on details of their trading sessions.
Jewelery Exhibition JCK Las Vegas 2016 (held June 3-6) "was held in line with expectations," said N.Afanasev. The diamond sector most in demand 1 carat stones. "On the large and expensive stones 3 carats, the demand is not so strong, these stones are under pressure. On carat diamonds, medium and small commodity demand normal ", - deputy head of the" Crystal "said.
The demand for different categories of diamonds only indirectly affect the pricing of diamond mining companies, he said, Alrosa and De Beers primarily oriented to the cut material they sell. "
Prices on the site June De Beers has also been stable, the agency said Rapaport. De Beers sold boxes with 4-6% premium (mid-single-digit premiums) , reflecting concerns that the rough diamonds market does not reflect weakening demand for diamonds.
The volume of De Beers in June the site was $ 560 million, the company said on Tuesday, and only 6 months of this year, sales of De Beers were about $ 3 billion. The data on monetary evaluation of sales ALROSA stopped coming since May of this year, due to the tightening of access to information on the eve of potential SPO. For 4 months of this year, according to market sources estimates, ALROSA sold diamonds worth at least $ 1.5 billion.
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