Three-month copper on the London Metal Exchange was up 0.2% to $8,605 a tonne, as of 0138 GMT. The U.S. dollar dipped, making it more attractive to buy the greenback-priced commodity.
The contract has gained 0.1% so far this month, after recording its biggest monthly drop since June 2022 in April.
The rebound might be capped as tepid demand is expected to stay for at least the second quarter, analysts at Meierya Futures said.
Meanwhile, Peru's March copper production leapt 20.4% from a year earlier to reach 219,275 tonnes, the country's energy and mining ministry said on Tuesday, as large mines resume their operations following stoppages caused by several social protests. The most-traded June copper contract on the Shanghai Futures Exchange eased 0.1% to 67,320 yuan ($9,739.44) a tonne. Investors are awaiting key U.S. consumer prices data to be released later in the day, which will provide more clues on the Federal Reserve's monetary policy path.
LME aluminium was little changed at $2,319.50 a tonne, tin climbed 0.5% to $26,130, zinc was stable at $2,674.50, nickel gained 0.4% to $23,595, while lead edged down 0.2% to $2,132.50. SHFE aluminium rose 0.1% to 18,320 yuan a tonne, lead ticked up 0.3% to 15,305 yuan, nickel fell 2.2% to 179,470 yuan, tin was down 1.5% at 208,120 yuan, and zinc dipped 0.1% to 21,440 yuan. For the top stories in metals and other news, click or ($1 = 6.9121 yuan) (Reporting by Siyi Liu and Dominique Patton; Editing by Sonia Cheema)
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