Botswana diamond sales state-owned Okavango Diamond Company (ODC) jumped by 80% last year, to $ 547 million, due to the global increase in consumer demand.
Reuters quoted Deputy Managing Director Marcus ter Haar (Marcus ter Haar), who said that the total sales volume increased by 115% to 3.44 million carats, as amended after the sales during the year.
Meanwhile, he said, although sales were "significantly higher" in the past year, the average price per carat dropped to $ 158.78, from $ 183.78 a year earlier.
"The fall of the average price per carat due to the different range of diamond sold two trading period", - said Ter Haar.
ODC was established in 2012 for the sales of the mined by Debswana diamonds.
As part of the contractual arrangements governing the sale of diamonds Debswana, the ODC originally had the right to buy and sell 12% of the total production of Debswana in 2013, and 15% by 2016.
Sales of the ODC, as expected when it was created, will be more than $ 400 million annually. Thus, the ODC has become a large-scale supplier of rough diamonds for cutting industry and the largest source of diamonds from Botswana on the market.
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