On July 30, Southern Copper Corp rose 3.11% in pre-market trading, trading at approximately $180.02/share, with turnover of $523,900. The stock had previously declined approximately 7% over two consecutive sessions before staging this rebound in tandem with the broader copper sector recovery.

On the news front, the copper industry continues to exhibit a tight supply-demand balance. Domestic SHFE copper inventories fell to 69,000 tons, while social inventories declined by 470,000 tons from their intra-year highs. Spot premiums climbed to 470 yuan/ton, and Yangshan copper premiums rose to $112/ton, underscoring physical market tightness. Meanwhile, mine-end treatment charges remain in negative territory, reflecting constrained raw material supply for smelters and providing floor support for copper prices. Within the Copper sector, peer stocks also rallied, with Freeport-McMoRan up 3.15%, TREKOR METALS up 3.58%, and Ero Copper up 4.88%, confirming broad sector participation in the recovery.

(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.)