June 5 (Reuters) - Most non-ferrous metals declined on Monday, as a stronger dollar made greenback-priced metals more expensive to holders of other currencies.
Three-month aluminium on the London Metal Exchange declined 0.6% to $2,250 a tonne by 0837 GMT, nickel shed 0.9% to $21,015 a tonne and zinc fell 0.7% to $2,291.50 a tonne.
The dollar was firmer against major peers after a robust U.S. jobs report spurred traders to price in higher interest rates for longer.
"It is hard to say that the interest rate hike cycle is over... It is expected that there will still be downward pressure in the future," said Jinrui Futures in a note, adding that disappointing Chinese factory data also weighed on prices.
Global copper prices are set to fall to $7,000 per tonne in the second half of this year, predicted influential Chinese research firm Antaike, as rising risks of recession and a lack of solid demand growth in China weigh on investor sentiment.
LME lead was almost flat at $2,032 a tonne, tin was almost unchanged at $25,660 a tonne while copper edged up 0.1% to $8,241 a tonne.
The most-traded July copper contract on the Shanghai Futures Exchange eased 0.2% to 65,770 yuan ($9,240.21) a tonne. SHFE aluminium fell 1.7% to 18,080 yuan a tonne and nickel shed 1.8% to 158,160 yuan a tonne.
SHFE zinc dropped 1% to 19,045 yuan a tonne, tin fell 1.2% to 207,050 yuan a tonne, lead was almost flat at 15,055 yuan a tonne.
Yangshan copper premium
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(Reporting by Mai Nguyen in Hanoi; Editing by Subhranshu Sahu and Rashmi Aich)
