Africa News Bulletin

DR Congo: Cobalt on the rise but remains below USD 50,000 per tonne this week from August 29 to September 3, 2022

The market for the main mining export products of the Democratic Republic of the Congo shows this week from August 29 to September 3, 2022 an upward trend for copper, cobalt and tin while other raw materials will show a drop in prices. , according to projections by the National Mercurial Commission of the Ministry of Foreign Trade.

Cobalt is therefore trading higher this week at 49,257 USD per tonne against 46,949 USD per tonne last week, a positive price difference of 2,308 USD.

Copper also shows an upward trend and is selling around 8,048 USD per ton against 8,002 USD per ton last week, showing an increase of 45.55 USD.

Similarly, tin is selling this week at 24,849 USD per tonne against 24,606.10 USD per tonne last week, an increase of 242.9 USD.

As for zinc, it is down this week at 3546.70 USD per tonne against 3705.85 USD per tonne last week, a negative price difference of 159.15 USD.

Gold is also down this week at 56.56 USD per gram compared to 57.42 USD per gram last week, a negative price difference of 0.86 USD.

Silver is trending down this week at $0.62 per gram from $0.68 per gram last week, showing a decline of $0.06.

Tantalum remains stable on the international market at 410 USD per kg.

DESKECO

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