(Updates prices, adds quotes)HANOI, June 24 (Reuters) - Copper prices fell on Thursday, pressured by a strong dollar, fears of a sooner-than-expected interest rate hike in the U.S. and a forecast for rising supply in the coming months.
“The U.S. dollar is heading higher and there will be more copper concentrate coming in the second half of this year.
* LME aluminium fell 1.1% to $2,412.50 a tonne, nickel dipped 0.6% to $17,965 a tonne while ShFE nickel rose 0.8% to 134,060 yuan a tonne and ShFE tin increased 1.2% to 207,600 yuan a tonne.
* A nickel trader said strong demand, tight supplies and a large amount of short positions in July have forced some traders to cover their positions, leading to a steady rise in nickel price.
* For the top stories in metals and other news, click or ($1 = 6.4733 yuan) (Reporting by Mai Nguyen; Editing by Amy Caren Daniel)
”, Laura Tyler, Mai Nguyen, Amy Caren Daniel
London Metal Exchange, Shanghai, Exchange, U.S . Federal, U.S, BHP Group
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