The price of copper fell slightly on the international metal market this weekend
Copper, which is one of the main mining products exported from the Democratic Republic of Congo, is trading at 10,290.35 USD per ton on April 16 against 10,331.95 USD per ton at the start of the week, ie on April 14.
In six (6) days, this product recorded a negative price difference of around 41.6 USD on its market value on the London Stock Exchange this weekend, reports the London Metal Exchange (LME) which represents 80 % of world trade.
According to the experts, in January 2022, the price of copper stood at USD 9,782.34 per ton, up 2.4% month on month and up 22.7% year on year. The price of copper per kilo was therefore established at 9.78 dollars or 8.7 euros per kilogram.
Copper is the third most used metal in the world after iron and aluminum. It is also one of the oldest to have been mined by man, with the first copper objects dating back more than 7,000 years.
A reddish colored metal, copper is an excellent thermal and electrical conductor. Like gold and silver, it is ductile and easily malleable. Copper is very popular in the electrical and electronics industry: manufacture of cables, batteries, electronic circuits, but also in piping, transport, or the manufacture of coins.
Copper is also widely used in alloys such as bronze or brass.
It should be noted that the price of copper is particularly sensitive to the economic situation and can undergo sudden variations.
Despite this slight stagnation, everything leads us to believe that this metal, which is the delight of the Democratic Republic of Congo, will continue to take off on the international metal market.
