Prices of industrial metals fell on Wednesday as a stronger U.S. dollar made greenback-priced metals more expensive for buyers holding other currencies.
Three-month copper on the London Metal Exchange fell 0.7% to $6,6768 a tonne by 0218 GMT.
Aluminum dropped 1.3% to $1,880.50 a tonne, zinc declined 0.7% to $15,255 a tonne, nickel lost 1.3% to $2,534.50 a tonne and lead was down 0.4% at $1,802.50 a tonne.
The U.S. dollar clawed back early losses against risk-sensitive currencies after preliminary results suggested President Donald Trump has a slight edge over Democratic challenger Joe Biden in Florida, a key battleground state.
FUNDAMENTALS
* The most-traded December copper contract on the Shanghai Futures Exchange edged up 0.2% to 51,630 yuan ($7,708.39) a tonne, while aluminum dipped 0.4% to 14,745 yuan a tonne.
* For top stories in metals and other news, click or
MARKETS NEWS
* Asian share markets turned cautious, paring sharp early gains as results from the U.S. Presidential election hinted at a close race.
DATA/EVENTS (GMT)
0500 India IHS Markit Svcs PMI Oct
0700 UK Reserve Assets Total Oct
0850 France Markit Serv, Comp PMIs Oct
0855 Germany Markit Services PMI Oct
0855 Germany Markit Comp Final PMI Oct
0900 EU Markit Serv, Comp Final PMIs Oct
1330 US International Trade Sept
1445 US Markit Serv, Comp Final PMIs Oct
1500 US ISM N-Mfg PMI Oct
U.S. Federal Open Market Committee starts its two-day
meeting on interest rates. (to Nov. 05)
PRICES
Three month LME copper
Most active ShFE copper
Three month LME aluminum
Most active ShFE aluminum
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Most active ShFE nickel
Three month LME tin
Most active ShFE tin
ARBS ($1 = 6.6979 yuan) (Reporting by Mai Nguyen; editing by Uttaresh.V