A slowdown in inventory buildup also suggested a pick-up in demand, lending some support to the market.
Copper supply from Indonesia, Peru and Chile has been facing disruptions. First Quantum Minerals Ltd said last week it had suspended ore processing operations at a key Panamanian copper mine. The dollar held around a seven-week peak on Monday, as another round of data showing stubbornly high inflation reinforced expectations that interest rates could stay higher for longer.
A stronger dollar makes the greenback-priced metal more expensive for buyers holding other currencies.
The most-traded April copper contract on the Shanghai Futures Exchange lost 1.2% to 68,740 yuan ($9,879.28) a tonne.
LME lead added 0.7% at $2,085 a tonne, zinc nudged up 0.1% to $2,966 a tonne, tin rose 0.2% to $25,700 a tonne, and aluminium gained 0.2% to $2,341 a tonne. The United States will impose a 200% tariff on aluminum and derivatives produced in Russia from March 10, the White House said on Friday, effectively a ban as it announced sanctions on the anniversary of Russia's invasion of Ukraine.
SHFE aluminium fell 1.2% to 18,385 yuan a tonne, nickel dropped 1.1% to 195,770 yuan a tonne and tin shed 1.1% to 210,140 yuan a tonne, while lead gained 0.3% to 15,390 yuan a tonne. For the top stories in metals and other news, click or ($1 = 6.9580 Chinese yuan) (Reporting by Siyi Liu and Dominique Patton; Editing by Subhranshu Sahu)
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