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中国铜冶炼厂或许正处于转折点。一方面，持续的矿石短缺迫使它们从创纪录的产量水平减产；另一方面，政府加大了各行业去产能的力度。
研究机构上海金属网（Shanghai Metals Market）对冶炼厂的月度调查显示，预计本月产量为116.8万吨，较7月峰值下降0.5%，且预计9月产量将进一步下降。
近年来，尽管原料市场紧张、盈利能力大幅下降，随着产能扩张，中国铜产量仍连创新高。但这种韧性如今可能已达极限。与此同时，政策制定者更加迫切地希望解决恶性竞争和过度生产带来的通缩压力。
尽管仍深陷亏损，过去一个月，冶炼厂处理铜精矿的现货加工费有所上升，这表明冶炼厂或许已开始根据矿石供应情况，更...
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