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Alrosa reports grim Q3 financials

Russian diamond company Alrosa’s Q3 financial results paint a bleak picture of the market, reflecting oversupply and continued poor global demand for diamonds – but the company’s CFO expressed hopes a reduction in supply may help the market to stabilise soon.

Alrosa reports grim Q3 financials Alrosa reports grim Q3 financials Alrosa reports grim Q3 financials Alrosa reports grim Q3 financials Alrosa reports grim Q3 financials

Alrosa has expressed hope that diamond supply and demand may stabilise soon following cross-market cuts to production

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