Tin expected to trade at USD 25,970 per tonne this week in DRC
Tin, one of the main mining products exported from the Democratic Republic of Congo (DRC) should record an increase in its price this week on the international market.
According to projections made by experts from the National Commission of Mercurial Prices of the Ministry of Foreign Trade, tin should trade at 25,970 USD per ton this week against 24,480 USD per ton last week, an increase of 1 $490.
This rise in tin prices should continue to delight the economy of the Democratic Republic of Congo, which is largely based on mining.
The same document informs that the price trend of the main mining export products of the DRC at the world level is on the rise.
Cobalt is expected to trade at $34,256 per ton this week versus $33,556 per ton last week, a positive price differential of $700.
Gold is expected to trade around $64.30 per gram this week versus $63.88 per gram last week, a positive price differential of $0.42.
Silver is also up this week at $0.78 per gram from $0.75 per gram last week, up $0.03
Meanwhile, Tantalum is showing a stable trend this week in the international market to trade at USD 410 per kilogram.
According to experts from the National Commission for Mercurial Prices, copper should see a slight drop in price this week to 8,928 USD per tonne against 8,940 USD per tonne last week, a drop of 11.35 USD.
Similarly, zinc is expected to fall this week to $2,912 per ton from $2,935 per ton last week, a price drop of $23.05.
