Tin up 4.13% per tone on international markets

Kinshasa, April 8th, 2025 (CPA) – The price of a tone of tin, an export mineral from the Democratic Republic of Congo, rose by 4.13% in the week from April 7th to 12th, 2025, trading at USD 36,312 compared with USD 34,872 the previous week, according to a press release from the Ministry of Foreign Trade consulted by the CPA on Monday. ‘Tin prices rose on international markets during the week from April 7th to 12th 2025. It is trading at USD 36,312 against USD 34,872 the previous week, an increase of 4.13% per tonne’, it reads.

According to the press release, in addition to tin, two other merchant mining products also recorded increases on the same market.  These are gold and silver. These products sold for USD 99.84 and USD 1.11 respectively in the current week, compared with USD 98.04 and USD 1.09 in the week from 31 March to 05 April 2025. According to the same source, only tantalum has remained stable, at USD 227 per kilogram in the current week. Copper, cobalt and zinc, on the other hand, fell during the period under review, to USD 9,916.25, USD 33,547 and USD 2,925.60.

Compared with other weeks, the price of tin moved up and down, falling before recovering on the international markets. In the week from March 10 to 15, 2025, tin was sold at USD 32,103 against USD 33,191, a fall of 3.28% per tonne. In the week from 17 to 22 February 2025, tin prices rose by 3.01%, from USD 30,012 to USD 30,914 per tonne. In the week from 24 February to 01 March 2024, tin regained its value, trading at USD 32,460.40 against USD 30,914, an increase of 5% per tonne. And in the week from March 3rd to 8th 2025. It was trading at USD 33,191 against USD 32,460.40, an increase of 2.25% per tonne. However, the rise, fall and stability of prices for merchant mining, agricultural and forestry products, the document points out, are the result of supply and demand on international markets, as well as the supply chain.

These fluctuations have a direct impact on the Congolese economy, which is heavily dependent on exports of raw materials, particularly in the mining sector. Global tin mining production is dominated by China and Indonesia, which together supply around half the world’s ore (some 260 kt by 2021). Kivu province, which includes the Maniema region, is particularly rich in tin deposits (Kalima), often accompanied by columbo-tantalite. The beryl-, columbite- and uranium-bearing pegmatite of Kobokobo is also located there, as are the Mobale gold placers. CPA/

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