The world's second largest copper mine has suspended production, bringing in 7.7 billion yuan in funds to the copper futures market in Shanghai.

As the world's second largest copper mine recently suspended production due to an accident, the pressure on the international copper supply has further increased. At the same time, in response to the issue of low processing fees for copper concentrate caused by "circular" competition in the copper smelting industry, domestic relevant associations have recently issued a clear signal of strong opposition to "circular" competition. Stimulated by the above factors, the Shanghai copper futures market saw a capital inflow of 7.7 billion yuan on September 25, with significantly increased market turnover; index fund products with high copper content also saw a large influx of funds.