Base metals climbed up in the last trading session as better than expected Retail sales data from U. S. prompted fresh buying on the expectations of improvement in demand and weakening dollar against the Euro also supported the upside in prices. Zinc and Nickel gained 5.93 percent and 6.47 percent respectively on LME.

China's production of refined copper fell 2 percent on the month in May, while primary aluminium output rose 14 percent due to smelters' restarting of idled and new capacity. Output of nickel surged 24.5 percent during the month as stronger prices encouraged producers to resume production.

OZ Minerals Ltd., selling $1.4 billion of assets to China Minmetals Group, said a mill at its Golden Grove copper, zinc and gold mine in Western Australia will be shut for three to four weeks due to mechanical failure.

Stronger than expected Industrial output data from China and hopes of economic recovery is fuelling rally in base metals. Aluminium still looks very attractive. We expect Nickel and Copper to move up during the day. April industrial production data from the EU may influence market direction in base metals today. The trend is up for the day.