Daily Nation Newspaper

COPPER PRICES RISE

- By SANFROSSA MANYINDA

THE prices of copper are expected to increase on the internatio­nal market for the period from September 6 to September 11, this year.

According to the report of the National Mercury Commission of the Ministry of Foreign Trade published on September 3, 2021, the tonne of copper should be traded, from September 6 to 11, at $9, 373.60 versus US $ 9,079.90 last week.

This is in the Democratic Republic of Congo

According to the document, copper will have for this period under analysis to register a positive difference of the order of 293.7 US dollars.

It is also stated that the prices of zinc and tin will also be on the rise.

Zinc is expected to drop from $2,958.60 in the previous week to $2,997.30 for the period from 6 to 11 September, a positive difference of $38.7.

Tin, meanwhile, is expected to trade at US $ 34,268.20 during the period under review against US $ 33,697.60 or a surplus of US $ 570.6.

Regarding the price of cobalt on the internatio­nal market, already down last week, it should experience a further fall in prices on the market.

For this period, the tonne of cobalt would drop from $51,186.00 to $50,184.00, a negative difference of $1,002 during the week.

Cobalt should be mimicked by gold which would experience a slight drop in price after rising the week before.

Gold should trade at $59.02 per kilogram from September 6 to 11, 2021 against $ 59.06 the previous week, a slight decline of US $ 0.04.

In addition, the National Mercurial Commission informs that silver and tantalum will still remain stable on the market and will be sold respective­ly around$ 0.85 per gram and $237.00 per Kg.

 ??  ??

Newspapers in English

Newspapers from Zambia