Global Copper Prices Continue to Stay Below USD 8,000 per Tonne
The general trend of mining products exported from the Democratic Republic of Congo (DRC) oscillates between rising and falling prices on international markets for the period from July 10 to 15, 2023.
According to projections made by experts from the National Commission of Mercurials of the Ministry of Foreign Trade, copper should see a drop in price this week to trade this week at 8,265.70 USD against 8,445.85 USD last week. elapsed, i.e. a price drop of around 180.15 USD.
Zinc and tantalum are also expected to experience lower prices on international markets over the same period.
Thus, zinc would be trading at 2,354.90 USD this week against 2,368.85 USD per tonne a week earlier.
As for tantalum, its value fell to 330.00 USD per kilo this week against 335.00 USD per kilogram the previous week.
Cobalt is expected to trade at USD 31,549.00 per tonne this week versus USD 28,840.00 a week earlier, a positive price gap of around USD 2,709.
The same source informs that two mining products exported from the DRC, namely tin and gold, should experience a slight price increase on international markets.
Tin is expected to trade at $28,036.25 per ton this week from $27,958.00 per ton last week. While gold should sell at 62.42 USD per gram against 62.33 USD per gram last week.
On the other hand, the price of silver ore should remain stable on the international markets at 0.75 USD per gram.
