Copper price expected to rise to 9,373.60 USD as of next week
The price of a tonne of Copper is expected to increase on the international market for the period from September 6 to 11, 2021, unlike the previous week.
According to the report of the National Mercury Commission of the Ministry of Foreign Trade published on September 3, 2021, it is indicated that unlike last week, the tonne of Copper should be traded, from September 6 to 11, at 9 US $ 373.60 versus US $ 9,079.90 last week.
According to this document, Copper will have for this period under analysis to register a positive difference of the order of 293.7 US dollars.
It is also stated that the prices of Zinc and Tin will also be on the rise.
Zinc is expected to drop from 2,958.60 US dollars in the previous week to 2,997.30 for the period from 6 to 11 September, a positive difference of 38.7 US dollars.
Tin, meanwhile, is expected to trade at US $ 34,268.20 during the period under review against US $ 33,697.60 or a surplus of US $ 570.6.
Regarding the price of Cobalt on the international market, already down last week, it should experience a further fall in prices on this market.
For this period, the tonne of Cobalt would drop from USD 51,186.00 to USD 50,184.00, ie a negative difference of USD 1,002 during the week.
Cobalt should be mimicked by Gold which would experience a slight drop in price after rising the week before.
Gold should trade at 59.02 US dollars per kilogram from September 6 to 11, 2021 against US $ 59.06 the previous week, a slight decline of US $ 0.04.
In addition, the National Mercurial Commission informs that Silver and Tantalum will still remain stable on the market and will be sold respectively around 0.85 USD per gram and 237.00 USD per Kg.
