DRC: gold, copper, cobalt, tin and zinc record a price drop this week on the international market
The general trend in the prices of the main mining export products of the Democratic Republic of Congo (DRC) should be downward this week from July 25 to 30, 2022.
According to the projections of the National Mercurial Commission of the Ministry of Foreign Trade, only tantalum is expected to remain stable this week in the market to trade at USD 410.00 per kilogram.
Elsewhere, copper, cobalt, tin, zinc, gold and silver are all expected to fall during this week.
Indications from the Ministry of Foreign Trade indicate that copper should sell at 7,237.05 USD per ton against 7,576.05 USD per ton last week, a drop of 339 USD.
Cobalt price is projected at USD 53,749.00 per ton versus USD 59,741.00 per ton last week, a negative price differential of USD 5,992.
Zinc fell this week to 3,011.20 USD per tonne against 3,125.75 USD per tonne last week, resulting in a negative price differential of 114.55 USD.
Similarly, tin fell this week to 25,021.25 USD per tonne compared to 25,821.00 USD per tonne last week, a negative price difference of 799.75 USD.
Gold also tumbled to 55.35 USD per gram from 55.96 USD per gram last week, a drop of 0.61 USD.
Silver is also down at $0.61 per gram from $0.62 last week, giving a negative price differential of $0.01.
For the time being, this situation does not yet seem to have serious repercussions on the economy of the Democratic Republic of Congo (DRC).
