DRC: copper and cobalt show a downward trend in the market in the period from August 16 to 21, 2021
Almost all of the Democratic Republic of the Congo’s export raw materials are down during the period from August 16 to 21, 2021, according to forecasts by the National Mercuriales Commission, a structure of the Ministry of Foreign Trade.
Copper is experiencing a price drop of around $ 272.7 trading at $ 9,436.50 per tonne this week from $ 9,709.20 per tonne last week.
Cobalt is also down $ 39, trading at $ 52,371.00 per tonne this week from $ 52,410.00 per tonne last week.
Zinc is also trending lower in price to $ 2,984.50 per tonne this week from $ 2,997.70 per tonne a week ago, a negative price spread of $ 13.2.
Only tin is up this week, trading at $ 36,170.40 per tonne versus $ 35,390.60 per tonne last week, a positive price spread of around $ 779.8.
As for tantalum, it is keeping its price stable this week at 237.00 USD per Kg on the commodity market.