Shanghai copper was rangebound on Tuesday, as rising inventories and sluggish demand ahead of the Lunar New Year holiday offset a weaker U.S. dollar. The most-active copper contract on the Shanghai Futures Exchange closed daytime trading up 0.05% at 101,560 yuan ($14,695.41) a metric ton. It rose as much as 0.98% earlier in the session. The benchmark three-month copper on the London Metal Exchange, meanwhile, declined 0.76% to $13,076 a ton as of 0700 GMT, after declining as much as 0.89%. The U.S. dollar continued to weaken on Tuesday, making greenback-priced commodities more affordable to other currency holders. ... (full story)