Prices of Copper Slightly Fall on the Market to $8,829 per Tonne This Week in DRC
The general trend of mining products exported from the Democratic Republic of Congo (DRC) is downward this week from April 17 to 22, 2023, says experts from the National Commission of Mercurial Prices of the Ministry of Foreign Trade.
According to the data in this report, the price of copper is expected to slow slightly this week to 8,829 USD per tonne compared to 8,928 USD per tonne last week, resulting in a negative price differential of 99.55 USD.
The experts of this national commission also note a fall in the price of tin on the market this week to 24,725 USD per ton against 25,970 USD per ton last week, a negative price difference of 1,245 USD.
The other product on the decline is zinc, which has also failed to take off since the beginning of this year at 2,792 USD per tonne against 2,912 USD per tonne last week, ie a drop of 119.5 USD.
During this period, gold is expected to register a price increase to trade at 64.94 USD per gram against 64.30 USD per gram last week, giving an increase of 0.64 USD.
It should be noted that gold has maintained this upward trend for a few weeks already on the market.
The price of silver ore is also up this week at 0.81 USD per gram against 0.78 USD per gram last week, an increase of 0.03 USD.
Cobalt, which is finding it increasingly difficult to assert itself on the market, and tantalum should observe a stable trend on the international market at 34,256 USD per tonne and 410 USD per kilogram respectively.
