Copper pares gains as demand cools

SINGAPORE: Copper pared gains in Asia as the dollar's rebound made raw materials priced in the US currency less attractive to investors.

"More recently, the dollar's performance has been driving metals and this looks likely to continue in the near term," said Yuan Fang, a trader at Shanghai East Asia Futures Co.

Copper for delivery in three months on the London Metal Exchange traded little changed at $6,925 a metric ton in afternoon trade in Singapore, after gaining as much as 0.5 percent earlier.