London copper eases

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London copper prices fell on Tuesday, on a small uptick in readily available exchange inventories and as a firm dollar made greenback-priced metals pricier to holders of other currencies.

Three-month copper on the London Metal Exchange eased 0.1 percent to $9,863 a ton, while the most-traded December copper contract on the Shanghai Futures Exchange rose 0.6 percent to 72,160 yuan a ton.

The dollar has bounced off recent lows and was firm in choppy trade ahead of a handful of data releases and central bank meetings which investors expect to guide the rates outlook.

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On-warrant copper stockpiles in LME warehouses rose for the fourth straight session to 23,300 tons, rebounding slightly from a 1998-low hit on Oct. 14 of 14,150 tons that sparked supply concerns and pushed premium of cash LME to a record high over the three-month contract.

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