(Morning News) Russian mining giant, Acesa, has quietly begun to restore the export of diamonds to the level near the Ukraine War.The panic began to fade.
Bloomberg quoted people familiar with the matter and said that after a few months of suspension of US sanctions, AlROSA PJSC returned to the market, with a single month sales worth 250 million US dollars (about 349.27 million $ 349.27 million) The above diamonds are only about 50 million to 100 million US dollars compared with the sales level before the war.Acesa accounts for about one -third of the global supply volume.
A person who requires anonymous people says that sales restarts are because some Indian banks are more willing to use non -US dollars to promote transactions.
It is reported that most Russian diamonds are sold to India for processing.
