Rough diamond supplies under spot transactions stipulate for the sale of rough diamonds based on the actual availability of the goods in stock at the sales divisions of ALROSA. The procedure of forming the List of participants of trading sessions held for conclusion of spot transactions, agreed by the FAS of Russia stipulates for the monthly rotation of the participants of trading sessions. Thus, it is impossible to guarantee participation in trading sessions (there may be insufficient stock).
Nevertheless, it is important to note that if diamonds in stock are insufficient to conclude spot transactions with all the buyers who meet requirements, preference will be given to:
- The most active buyers in the previous trading sessions. Activity level is determined based on the actual data about: а) refusals to participate in trading sessions for which the invitation was sent; b) the share of contracted (selected) rough diamonds from the volume offered for purchase (selection percent); c) the cost of rough diamonds purchased under spot transactions. The share of such participants in the next trading session can reach 80% of the full list of participants.