HANOI- Nonferrous metals ticked up on Tuesday, rebounding from losses made in the previous session triggered by profit taking, as China stimulus provided a strong cushion.

Three-month copper on the London Metal Exchange (LME) rose 0.5 percent to $9,879 per metric ton, aluminum increased 0.3 percent to $2,618, nickel advanced 0.4 percent to $17,590 and zinc added 0.7 percent at $3,113.

LME lead climbed 1 percent to $2,116 a ton, while tin fell 0.7 percent to $33,215.

Metals remained below Monday’s highs despite the recovery, as gains were capped by a firm US dollar, which was pushed up by Federal Reserve Chair Jerome Powell’s comments pushing back against bets of more supersized interest rate cuts.

A stronger dollar makes greenback-priced metals more expensive to holders of other currencies.

LME copper, on Monday, hit $10,158 a ton, its highest in nearly four months, supported by a series of supportive measures from China, including liquidity injection, mortgage rate cuts and easing home purchase curbs.

But prices retreated at close as investors and traders closed their positions ahead of China’s Oct. 1-7 holiday and at the calendar end of the quarter.

The discount of LME three-month aluminum to the cash contract tightened to $2.78 a ton on Monday, the smallest discount since April 23, indicating tighter supplies in the near-term.

LME aluminum inventories fell to 792,950 tons on Friday, the lowest since May 8. In China, the social inventory of aluminum fell to 658,000 tons, the lowest since Feb. 18, data by Shanghai Metals Market showed.

LME nickel hit of $17,650 a ton, its highest since June 17, earlier in the session.

Top nickel producer China’s Tsingshan cut ferronickel production in Indonesia due to persistent shortages of ore, sources told Reuters.