The base metals prices on the London Metal Exchange (LME) closed lower mostly on Tuesday.

Market's expectation for a U.S. interest rate hike weighed on the base metals' prices on Tuesday.

Seven of the U.S. Fed's current 17 members said they want the option of an interest rate hike in June on the table.

A mines ministry official from Indonesia said on Monday that the copper export permit of Newmont Mining Corporation would not be renewed beyond March 19 unless it reached an agreement with Freeport-McMoRan to invest in a planned smelter.

The three-month unofficial copper price dropped 114 U.S. dollars, or 1.92 percent, to 5,825 U.S. dollars per tonne.

The three-month unofficial aluminium price lost 15.5 U.S. dollars, or 0.86 percent, to 1,796 U.S. dollars a tonne.

The three-month unofficial lead price increased 5 U.S. dollars, or 0.29 percent, to 1,745 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price lost 27 U.S. dollars, or 1.31 percent, to 2,037 U.S. dollars a tonne.

The three-month unofficial nickel price lost 257.5 U.S. dollars, or 1.84 percent, to 13,712.5 U.S. dollars a tonne.

The three-month unofficial tin price maintained at 17,750 U.S. dollars a tonne. Endit

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