First Reported Here: Russian Diamond Production Increases In Terms of Carats and Value in First Half of 2009

Russian diamond production in the first half of 2009, at nearly 18.5 million carats worth just over $1.2 billion, increased in terms of both carats and value from the first half of 2008, when production neared 17.6 million carats worth nearly $1.2 billion. The average value per carat increased from $67.83 per carat in the first half of 2008 to $65.43 in the first half of 2009.

For the year 2008, Russia’s diamond production was nearly 37 million carats worth $2.5 billion.

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