Shanghai copper futures fell on Monday as investors cashed in profits after the market staged a strong rally late last week.
Shanghai's most active October contract slid 120 yuan to end at 24,540 yuan ($2,965) per tonne, while most other contracts lost 50 to 210 yuan. Volume dipped to 312,564 lots from rare 314,292 lots on Friday.
"It's a correction after the recent rebound, with resistance seen at 25,000 yuan for the key contract. Sentiment grew wary after the sharp gains," said a Shanghai-based trader.
Spot copper in Shanghai gained between 300 yuan and 500 yuan to move in a range of between 25,100 yuan and 25,300 yuan per tonne on Monday.
Shanghai aluminium futures also closed down, while most contracts fell 20 yuan to 90 yuan per tonne. Volume slid to 87,352 lots from a heavy volume of 100,780 lots on Friday.
LME three-month aluminium was traded at $1,637/$1,642 a tonne in Asian trade, retreating from Friday's close of $1642.50 in London.
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