An elevated US dollar sent all LME base metals lower overnight, with zinc leading the losses with a drop of 1.2%
The US dollar surged almost 2% on Tuesday against the yen, reaching its highest in almost 10 months
Manpower shortages and logistical constraints limit operating rates
Physical iron ore port stock md-grade quotes rose by 10-15yuan/mt though total concluded transactions dropped as some traders were reluctant to sell in a rising market.
On the SHFE, tin added 1.5% to lead the gains, copper, zinc and lead inched up about 0.1%. Nickel shed more than 0.1%, and aluminium fell close to 0.3%
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