BEIJING  - London base metal prices rose across the board in early Asian trade on Tuesday, supported by a weaker dollar and tracking stock markets higher after the European Commission agreed to changes in a Brexit deal.

A softer greenback makes dollar-denominated metals cheaper for holders of other currencies and can boost prices.

FUNDAMENTALS

COPPER: Three-month copper on the London Metal Exchange had climbed 0.4 percent to $6,434.50 a tonne by 0216 GMT, extending a 0.2-percent gain from the previous session. The most-traded May copper contract on the Shanghai Futures Exchange added 0.5 percent to 49,250 yuan ($7,334.98) a tonne.

COPPER: Production at Chinese miner MMG Ltd's Las Bambas copper deposit in Peru could fall "in the near-term" due to a month-long road blockade by a community that was relocated to build the mine, the company said.

TRADE: Chinese Vice Premier Liu He held a telephone call on Tuesday with U.S. Treasury Secretary Steven Mnuchin and U.S.

Trade Representative Robert Lighthizer on key issues in their trade talks, state news agency Xinhua said.

U.S. DOLLAR: The dollar index fell almost 0.2 percent to 97.056 on a modest improvement in risk appetite.

CHINA: China's automobile sales fell 13.8 percent year-on-year in February, marking the eighth consecutive month of decline in the world's largest auto market.

ALUMINIUM: Queues to take aluminium out of LME-approved warehouses owned by ISTIM UK in Port Klang, Malaysia rose to 229 days in February from 118 days in January and zero days in December.

OTHER METALS: Nickel was the biggest gainer in base metals on the LME, rising 1.2 percent to $13,050 a tonne, while aluminium added 0.7 percent and zinc,

Monday's top performer, nudged up 0.5 percent.

ZINC: The global zinc market deficit narrowed to 28,000 tonnes in January from a revised deficit of 62,400 tonnes in December, data from the International Lead and Zinc Study Group (ILZSG) showed.

MARKETS NEWS   

The pound jumped and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement.            

(Reporting by Tom Daly; Editing by Joseph Radford)

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