The price of global cobalt price should register a drop of 3,994 USD per tonne this week
Passed from 88,000 USD per ton in May 2022, the ton of cobalt should trade at 49,755.00 USD for the period from August 1 to 6, 2022, inform the experts of the National Mercuriales Commission.
According to these experts, the price of cobalt should indeed go from 53,749.00 USD per ton last week to 49,755.00 USD this week, which generates a negative price difference of around 3,994 USD. during the period under analysis.
Unlike last week when most of the mining products exported from the Democratic Republic of Congo (DRC) were down, this week there is an overall upward trend in this market.
Copper is expected to sell higher this week at USD 7,438.40 per tonne versus USD 7,237.05 per tonne last week, a slight price increase of around USD 201.31.
Zinc is also expected to trade this week at USD 3,080.75 per tonne compared to USD 3,011.20 per tonne last week, an estimated price increase of USD 59.55.
Similarly, the price of tin will trade at 25,200.00 USD per tonne this week against 25,021.25 USD per tonne last week, ie a positive price difference of around 178.75 USD.
As for gold, its price should recover after several months of decline on the international market. It will sell at 55.76 USD per gram this week against 55.35 USD the same amount last week.
Silver and Tantalum are expected to remain during this week to sell at $0.61 per gram and $410.00 per kilo respectively.