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Ministry of Minerals, Energy and Water Resources (MMEWR)
COMMODITY PRICES
04/05/16
COMMODITY PRICES
COMMODITY PRICES
Prices for all the commodities indicated a slight increase towards the end of the month. Copper prices recorded the lowest of 2.11 Usd/b in the mid- month and highest of 2.29 Usd/b towards the end of the month. On the other hand nickel prices recorded lowest of 3.7 Usd/b at the beginning of the month and highest of 4.29 Usd/b at the end of the month. Zinc prices were fluctuating between 0.79 and 0.88 while cobalt prices were fluctuating between 10.3 and 10.8 Usd/b. Thermal coal started the month with the low price of 43.45 for the 1st week of the month and was increasing during the month and recording the highest of 43.64 Usd/st for the last 2 weeks of the month.
Prices for Gold and Platinum also started at their lowest at the beginning of the month and highest at the end of the month, with prices for Gold recording lowest of 1220 Usd/oz and highest of 1293.6.Platinum was fluctuating between 956 Usd/oz and 1078. Price for Silver showed a continuous increase since the beginning of the month with lowest of 15.1 Usd/oz and highest of 17.55 Usd/oz at the end of the month.
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