Cobalt has been stabilizing around USD 51,000 per tonne for several weeks
The general trend in the prices of the main mining export products is upwards in this week from October 17 to 22, 2022, according to data from the National Mercurial Commission.
Cobalt is up this week at $51,261.5 per ton from $51,261.00 per ton the previous week, a positive price differential of $0.5.
Similarly, copper shows an upward trend this week at 7,637 USD per tonne against 7,604.30 USD per tonne last week, an increase of around 32.15 USD.
Zinc is trading this week up to 3,020.50 USD per ton against 2,993.90 USD last week, giving rise to 26.6 USD.
Gold is also up this week at $54.97 per gram from $54.50 per gram the previous week, a positive price differential of $0.47.
On the other hand, tin is down this week at 20.586 USD against 20.727 USD, that is a drop of 141 USD.
The two mining products in stability this week on the market are silver, which is trading at 0.65 USD per gram and tantalum at 380 USD per kg.