A leading global diamond producer, Russia’s ALROSA, is reporting that its sales were down tenfold in one month alone, as the impact of Covid-19 ripples through the global economy and supply chains.
In April, ALROSA sold a total of just $15.6 million-worth of rough and polished diamonds. This is down from over $152 million a month earlier and from $400 million in sales in the beginning of the year.
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