OREANDA-NEWS. March 11, 2008. ALROSA Co. Ltd. held its second rough and polished auction in Hong Kong in the framework of Hong Kong International Jewellery Show.

Rough diamonds of 5-10 ct and fancy colored polished diamonds of special sizes were offered for sale.

The results of the auction were announced on 7th March.

The auction yielded the total of USD 2.37 million. The excess over the starting value amounted to 22.8%. Also 52 polished diamonds were sold for the total amount of USD 1.8 million, with 19,6 % in excess over the starting value.

The winning bidders were companies from the USA, Belgium, Israel, mainland China, Hong Kong, India and Thailand.

The second auction was characterized by the participation of a number of diamond companies from different parts of the world, a big part of which had not taken part in ALROSA trading sessions.