World: tin price falls to USD 18,515.00 per tonne this week
The general trend of mining products exported from the Democratic Republic of Congo (DRC) is mixed on the international market during the period from November 7 to 12, 2022, note experts from the National Commission for Mercurial Prices of the Ministry of Foreign Trade.
During this period, the price of tin is expected to fall to USD 18,515.00 per tonne from USD 19,119.00 per tonne the previous week, a negative price difference of around USD 604.
Tin is not the only Congolese product that is expected to experience a price drop this week on the international market as zinc is also expected to find itself in the same situation to trade at 2,840.35 USD per ton this week against 2,967 .95 USD per tonne last week, ie a negative price difference of around -127.6 USD.
However, copper maintains an upward trajectory. Projected up this week, a tonne of copper should trade this week at 7,681.35 USD against 7,617.25 USD last week, a slight increase of around 64.1 USD.
Gold and silver are expected to keep pace with copper as they trade higher this week. Gold would trade at 53.47 USD per gram this week against 53.38 per gram last week, a slight price increase of around 0.09 USD this week. While silver is expected to sell at $0.63 per gram this week versus $0.62 per gram the previous week, a slight price increase of around $0.01.
Cobalt and Tantalum are expected to see a stable trend this week at USD 51,260.00 per tonne for cobalt and USD 370 per kilo for tantalum respectively.
