Exclusive: PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" stakes on the Chinese market - chapter of companies

@IA Sin'hua
Show original

Moscow, 8 September/Xinhua / - In China is observed a growing demand for jewelry with brilliants, PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" does high rates on the Chinese market, general director PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" Sergei Ivanov declared.

"Having interrogated about 4 thousand consumers of United States of America and China aged from 25 till 55 years, we saw that 86 percent of the Chinese buyers plan to buy next year at least one ornament with a brilliant. The great demand is confirmed by good results of sales the Chinese retailers. All these data allow us to do very high rates to China", - Sergei Ivanov in exclusive interview of information agency "Sinkhua" told the other day.

by data companies, sales jewelry in ATR in the first quarter in comparison with last year grew by 11 percent, whereas in the world - by 7 percent. "ALROSA" chapter PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" connects such positive dynamics with increase in demand at jeweler production in continental China and in Hong Kong.

"In recent years in China the so-called middle city class grew, the average income per capita increased. As a result, demand for class "luxury" production, including for jewelry with brilliants" grows, - Sergei Ivanov explains.

More than 75 percent of the rough diamonds is realized by company under long-term contracts which each three years consist with the largest branch players, he speaks." from China such contract for the first time was signed with company only in 2010. Some years in our branch are not so much therefore while volume trades with China at us is not really great", - the interlocutor of agencies notes.

According to him, PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" in 2017 delivered to the Chinese clients diamonds for the sum of 180 million dollars that makes less than 5 percent of total sales companies ". Thus sales under long-term contracts to China grew by 18 percent. We hope for further positive dynamics and are interested in forming of long cooperation with the Chinese buyers".

Now at PUBLIC JOINT-STOCK COMPANY JOINT-STOCK COMPANY "ALROSA" there are six long-term clients in China - including, such large jeweler retailers, as Chow Tai Fook. Chow Sang Sang and Luk Fook can become long-term clients also, the interlocutor of agencies told.

Recently company carried out the first "ruble" transaction with the Chinese client and intends to continue such practice, Sergei Ivanov speaks.

"The payment organization through foreign branches of the Russian banks can accelerate and simplify process of carrying out calculations considerably. As a whole, experience was positive, and we will apply it as required", - he explains.

Besides office in Vladivostok, companies have a torgpredstavitelstvo in Hong Kong where sales "Are regularly carried out. At auction at the end of June we sold 100 rough large diamonds for the sum of 10,4 million dollars that more than by 1,5 times exceeded the starting price. Now there passes one more auction, and literally in a week the beginning our first own auctions color brilliants of "True colors" is planned, - Sergei Ivanov told.