A stronger dollar makes metals more expensive for holders of other currencies. The most-traded March copper contract on the Shanghai Futures Exchange closed down 0.9 percent at 52,970 yuan ($8,362.54) a tonne on Tuesday. Shanghai's most-traded March aluminium contract was the biggest loser in the base metals complex, ending down 1.5 percent at 14,470 yuan a tonne for its lowest close since December 14, as record-high stock levels in China continue to weigh on prices.
A stronger dollar makes metals more expensive for holders of other currencies. The most-traded March copper contract on the Shanghai Futures Exchange closed down 0.9 percent at 52,970 yuan ($8,362.54) a tonne on Tuesday. Shanghai's most-traded March aluminium contract was the biggest loser in the base metals complex, ending down 1.5 percent at 14,470 yuan a tonne for its lowest close since December 14, as record-high stock levels in China continue to weigh on prices.