While prices of industrial metals have rocketed as the world moves away from fossil fuels, future price rises are likely to be limited to a select few energy transition ingredients.

It would auction 20,000 tonnes of copper, 30,000 tonnes of zinc and 50,000 tonnes of aluminium.

The most-traded iron ore contract on the Dalian Commodity Exchange hit its lowest in two weeks.

Aluminum has overtaken copper as the second-best performer on the London Metal Exchange this year.

Prices edged up Monday after hitting a two-month low on Friday.

China's state planner and the market regulator have pledged to crack down on hoarding and speculation.

Chinese regulators shut more coal mines amid rising concern over industrial accidents.