Base metals were mixed on Tuesday amid broadly stronger US Dollar and profit-taking after US stimulus-fueled rally. Meanwhile, weak state of the US manufacturing activity continued to push industrial metals lower.
Aluminum prolonged its slump as financial instability in Eurozone continued to weight on market sentiment.
Copper swung from losses to gains on positive US current account data. However, softening manufacturing activity in the US and China's growth fears capped the paired the gains of the re metal.
Nickel erased previous gains, falling by 2.19% on stronger greenback and oversupply in the market.
Zinc was the top-gainer despite fading boost from the Fed stimulus measures. Persistent supply glut also restrained further upward move of the metal.