Copper Prices Remain Volatile, Straining DRC’s Economy
Copper, the Democratic Republic of Congo’s (DRC) main export product, continues to experience significant price fluctuations on international markets.
According to the latest data from the National Commission of Mercuriales at the Ministry of Foreign Trade, the price of copper dropped to 8,824 US dollars per ton during the week of December 30, 2024, to January 4, 2025, marking a decrease of 1.33% compared to the previous week.
This ongoing volatility is causing concern for the Congolese economy, which relies heavily on copper exports for revenue. Experts warn that these repeated declines in copper prices are directly affecting state income, limiting the government’s ability to fund development projects and improve living standards for the population.
