on the rise, cobalt exceeded the bar of 50,000 USD per tonne this week
After tumbling for several months on the international market cobalt is expected to surpass the USD 50,000 per tonne mark this week in the international market.
According to projections by the Congolese Ministry of Foreign Trade’s National Mercurial Commission, a tonne of cobalt should trade at 51,265.00 USD this week over the period from 5 to 10 September 2022 against 49,257.00 USD the ton a week earlier, representing a price increase of around USD 2,008, representing a ratio of 4.08%.
According to the same document, copper should also see a slight increase in price on the market this week to sell at 8,082.50 USD per ton against 8,048.00 USD, a positive price difference from the order $34.5.
The price of zinc is also expected to increase over the forecast period to sell at 3,621.00 USD per ton against 3,546.70 USD last week, a price increase of around 74.3 USD. .
In addition, tin and gold should experience a decline in market prices.
Tin is expected to trade at $24,545.00 per ton this week from $24,849.00 last week, a price drop of around $304.
As for gold, it should trade this week at 56.34 USD per Kg against 56.56 USD per Kg last week, ie a negative price difference of around -0.39 USD.
Experts from the Commission Nationale des Mercuriiales point out that silver and tantalum should remain stable this week at 0.62 USD per Kg for silver and 410 USD per Kg for tantalum
