RUSSIAN JEWELLERY REPORT
On the third day of Amber forum Amber Combine held
sun stone and learn many interesting and valuable things
an auction for sale of large exemplars of amber. What
about amber.
is unique about this auction and what was the largest
The second economic forum of amber industry will take
amber stone sold?
place on 28-30 July 2017 in Svetlogorsk in the variety theatre
That’s right, an auction for sale of large stones with the
“Yantar Hall”. It would be dedicated to 70-year anniversary
weight exceeding one kilogram was held at the forum platform.
of the Combine. Many amber processors volunteered to
We had never sold large exemplars of amber before this event.
become members of the organizational committee of the
The starting price of lots depended on the size and quality of
event; therefore, a diverse and rich business programme and
the fossilized resin. Over 76 lots were presented at the auction,
exhibition are expected within the forthcoming forum. We
25 of them consisted of one stone with the weight exceeding
invite all interested participants and guests to visit the Second
1 kg. Participants could see all lots in advance.
annual amber forum!
Russian and foreign companies took part in the auction.
Our guests will see true Kaliningrad amber at the exhibition
According to the auction results, 16 lots were sold, 8 of them
of the forum. I will emphasize that it will be true amber. At the
were amber stones with weight exceeding 1 kg. The highest
exhibition of the forum we will watch very strictly to prevent
price for the lot was 1.5 million rubles; happy owners got a
any imitation of amber or any counterfeit. Manufacturers take
unique and very beautiful uniform stone weighing 1.4 kg.
responsibility for it by their reputation, first of all, in the eyes
Average sales price comprised 383 thousand rubles for 1 kg.
of their colleagues. Mikhail, in the last year the Combine approved a new trade and sales policy and a new amber classifier. At the same time, prices for raw materials at the Combine increased significantly. Market reaction to such changes was ambiguous. Tell us why such step was taken? A new organizational standard “Amber” that determined the main requirements to different types of amber was approved to increase the efficiency of company’s operation. This standard aims to harmonise requirements to different types of amber that has been mined by the Combine with requirements that have been practiced in amber trade at the international markets. The next step was the development and approval of a new trade and sales policy that determined the main principles of commercial relations of the Combine with customers
What was the effect of this forum and will it become
of amber raw materials, rules and conditions for its sales.
an annual platform capable to unite the world amber
Representatives of amber business communities, including
community?
the associations “Russian Amber” and “Amber Union” took part in the development of trade and sales policy.
As an organizer of the forum, Kaliningrad Amber Combine and also state corporation “Rostekh” that owns 100% of the
Within these consistent steps to implement trade and
combine shares as well as the Government of the Kaliningrad
sales policy Kaliningrad Amber Combine started sales of raw
Region are interested in making it an annual event that would
materials through the open electronic platform of the “Saint-
become the hallmark of the region. We have things to show
Petersburg” exchange. Application of exchange bidding mechanisms allowed a
and to be proud of. Amber is our true treasure and it is loved all over the world.
timely reaction of the Combine to requirements of the market, including pricing policy and development of an optimum set
The first forum proved the necessity to hold this event
of products for the Combine and its customers.
on an annual basis; therefore, we will host the Second annual amber forum in 2017. We have decided to change the dates
What concerns raw material prices, we are guided by the
and organize the forum in summer so that tourists and guests
exchange biddings and the price that our customers are ready
of the region who come for holidays in summer season would
to pay for raw materials of different fractions. It is an absolutely
have an opportunity to see the best creative works made of
transparent system and prices are determined by the market.
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