Alrosa predicts balanced diamond market in 2025
Russian diamond mining company Alrosa anticipates a rebalancing of supply and demand in the diamond market over the coming months, as inventory levels in the midstream sector decline. Sergey Takhiev, Alrosa’s head of corporate finance, pointed to robust demand for jewellery and a significant reduction in diamond mining capacity—down by up to 20 per cent compared to 2018-19—as key drivers of price growth.