Industrial metals advanced on positive data from the US and Europe. Moreover, hopes for easing in the Eurozone and China sent base metals higher. However, stronger US Dollar weighted down on the commodity group.
Aluminum went up despite high output levels from China due to governmental programs that provide strong support for the aluminum industry.
Copper rose amid expectations that copper output will be lower in the second half of the year.
Nickel jumped on potential increase in demand from the US. However, persistent production cuts from China's stainless mills capped the upswing.
Zinc prices increased despite continuous surplus in the market and weak spot demand.