May 14 (Reuters) -
Base metals were trading mixed on Tuesday as traders and investors reviewed the sector's outlook amid recent Chinese stimulus measures and a firmer dollar.
Three-month copper on the London Metal Exchange (LME) fell 0.3% to $10,154 per metric ton by 0252 GMT, after hitting its highest levels since April 2022 earlier in the session. The contract has gained 19% so far this year.
The dollar was firmer by about 0.1%, making greenback-priced metals more expensive to holders of other currencies.
However, the U.S. Federal Reserve is likely to cut its key interest rate twice this year, starting in September, a Reuters poll showed. A rate cut would put the dollar under pressure.
China's recent moves in stimulating the economy, including bonds issues and lifting home purchase restrictions in some major cities, have helped metals prices recently.
However, China's sluggish real estate industry, a major base metals consuming sector, has been one of the major drags on demand outlook.
The most-traded June copper contract on the Shanghai Futures Exchange (SHFE) advanced 1.1% to 81,570 yuan ($11,270.47) a ton.
LME aluminium was nearly flat at $2,541 a ton, tin was almost unchanged at $32,905, nickel fell 0.6% to $19,115, zinc declined 1% to $2,967.50 and lead eased 0.1% to $2,245.
SHFE aluminium rose 0.2% to 20,515 yuan a ton, zinc increased 0.8% to 23,600 yuan, lead advanced 1.3% to 18,330 yuan, tin jumped 2.7% to 268,870 yuan, while nickel fell 0.2% to 143,330 yuan.
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DATA/EVENTS (GMT)
0600 Germany HICP Final YY April
0600 UK Claimant Count Unem Chng April
0600 UK ILO Unemployment Rate March
0600 UK HMRC Payrolls Change April
0900 Germany ZEW Economic Sentiment May
0900 Germany ZEW Current Conditions May
1230 US PPI Machine Manuf'ing April
($1 = 7.2375 yuan) (Reporting by Mai Nguyen in Hanoi; Editing by Varun H K)
