Core Insights - In August, China's imports of copper ore and concentrates reached 2.76 million tons, reflecting a month-on-month increase of 7.78% and a year-on-year increase of 7.45% [1] - Chile, the largest supplier, saw a significant increase in shipments by nearly 30% to 958,700 tons, while Peru's shipments slightly declined [1] - Other major suppliers, including Mongolia, Mexico, and Russia, also experienced varying degrees of increase in their shipments [1] - Domestic copper concentrate processing fees remain low, showing no signs of significant recovery, indicating a continued tight supply situation [1] Import Sources - The data regarding the main sources of copper ore imports into China since March 2020 is provided by the General Administration of Customs [3]