Announcement

Collapse
No announcement yet.

Armenian Diamond Processing Companies Disfavor Price Rise By Russian

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian Diamond Processing Companies Disfavor Price Rise By Russian

    ARMENIAN DIAMOND PROCESSING COMPANIES DISFAVOR PRICE RISE BY RUSSIAN ALROSA

    PanARMENIAN.Net
    November 16, 2011 - 14:20 AMT

    PanARMENIAN.Net - Main supplier for Armenian diamond processing
    industry Russian Alrosa company has supplied rough diamond totaling
    USD 39,16mln to 7 companies as of November 1, 2011.

    Director of Arevakn diamond producing plant, Vardan Anderasyan told
    journalists that Alrosa has increased cost of rough diamond against
    decline in world prices, causing 20% loss.

    Fort the past months increase in Arevakn LLC production totaled 142,7%
    against the same period of 2010.

    Deputy director of Lori diamond-cutting plant Grigor Shahnazaryan,
    who shares Anderasyan's opinion, added that the price upsurge urged
    them to decrease purchase volume from the Russian company.

Working...
X