Industry metals apart from copper declined on Tuesday as Germany strongly opposed to grant a banking license to ESM. Base metals were also balancing between global easing hopes and weak economic data releases.
Aluminum fell ahead of China's PMI data due on Wednesday. Meanwhile, widely expected stimulus measures restricted the downside.
Copper rose despite potential supply increase as Jiangxi Copper plans to raise its capacity. Moreover, the red metal's production from Chile jumped by annualized 5.6% in June.
Nickel posted losses on oversupply in the market. However, an increase in cancelled warrants limited the downward trend of the base metal.
Zinc slid amid record-high inventory levels and bleak demand prospects.