Movement Alert｜Southern Copper Corp Rises 3.36% in Pre-Market Trading, Copper Prices Seen with Further Upside Amid Supply Constraints

Market Focus

08/05

On August 5, Southern Copper Corp rose 3.36% in pre-market trading, trading at $201.72/share, with turnover of $536,700.

On the news front, Morgan Stanley commodity strategist Amy Gower noted in a latest research report that copper is simultaneously flowing to both China and the United States, with global inventories tightening, pushing up prices and term spreads. The report highlighted that copper prices still have further upside potential against a backdrop of constrained supply.

Boosted by this outlook, the copper sector extended its strong momentum broadly. Within the Copper sector, individual stocks gained across the board, with Freeport-McMoRan up 3.05%, Ero Copper up 3.32%, and TREKOR METALS up 2.30%.

(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.)

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The report highlighted that copper prices still have further upside potential against a backdrop of constrained supply.</p><p>Boosted by this outlook, the copper sector extended its strong momentum broadly. Within the Copper sector, individual stocks gained across the board, with Freeport-McMoRan up 3.05%, Ero Copper up 3.32%, and TREKOR METALS up 2.30%.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SCCO","symbol_name":"南方铜业","start_time":0,"source_url":"","article_id":"1109365897","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109365897","pubTimestamp":1785934021,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 5, Southern Copper Corp rose 3.36% in pre-market trading, trading at $201.72/share, with turnover of $536,700.On the news front, Morgan Stanley commodity strategist Amy Gower noted in a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SCCO":"南方铜业"},"translate_title":"走势警报|南方铜业公司盘前交易上涨3.36%，供应限制下铜价有进一步上涨空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCCO":1},"content_text":"On August 5, Southern Copper Corp rose 3.36% in pre-market trading, trading at $201.72/share, with turnover of $536,700.On the news front, Morgan Stanley commodity strategist Amy Gower noted in a latest research report that copper is simultaneously flowing to both China and the United States, with global inventories tightening, pushing up prices and term spreads. 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