On July 22, Southern Copper Corp rose 3.05% in regular trading, trading at $194.22/share, with turnover of $76.42 million. The rally was driven by multiple international investment banks uniformly raising medium-to-long-term copper price expectations, combined with accelerating supply tightness in the copper market.

On the supply side, Chile, the world's largest copper-producing nation, saw cumulative copper mine output decline approximately 8% year-over-year from January through April. Domestic copper social inventory has fallen from a peak of 577,200 tonnes to 165,000 tonnes, a drop of 71%, indicating that copper ore scarcity is rapidly transmitting to the refined copper segment. Institutions project the global copper market structural deficit will widen annually starting in 2027, with long-term copper prices potentially reaching $17,000 per tonne.

Additionally, Chile announced plans to invest approximately $100 billion over the next decade in copper mining to meet surging demand from AI data centers. Within the copper sector, Freeport-McMoRan rose 3.32% and Ero Copper gained 2.38%, demonstrating continued sector-wide linkage.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)