(Update prices to the Asian market close, and update headline

and lead paragraph accordingly.)

By Hongmei Li

SINGAPORE, June 24 (Reuters) -

Copper prices on the London Metals Exchange and Shanghai

Futures Exchange inched up on Tuesday as caution prevailed after

U.S. President Donald Trump announced the Iran-Israel ceasefire.

LME three-month copper was up 0.52% at $9,717.5 per

metric ton as of 0703 GMT and SHFE most-traded copper

gained 0.4% to 78,640 yuan ($10,956.77).

In a post on his Truth Social site, Trump said a "complete

and total" ceasefire between Israel and Iran would go into force

with a view to ending the 12-day conflict.

"Traders and investors will probably wait and see what will

really happen afterward as unpredictability has been very much

the theme in the commodity market this year," said a

Shanghai-based metals analyst from a futures company.

The U.S. dollar fell and oil tumbled to its lowest in more

than a week as news of the ceasefire relieved worries of

potential supply disruptions.

A softer dollar makes greenback-priced commodities cheaper

for buyers holding other currencies.

LME aluminium fell 0.6% to $2,573 a ton. It had

touched a three-month high on Monday on concerns that the

conflict would push up energy prices and disrupt supplies. SHFE

aluminium eased 0.51% to 20,315 yuan.

LME Nickel gained 0.48% to $14,875 a ton, lead

grew 0.37% to $2,010.5, and zinc inched up 0.07%

to $2,689, while tin eased 0.06% to $32,675.

SHFE nickel slipped 0.44% to 117,450 yuan.

Meanwhile, zinc added 0.73% to 22,090 yuan, lead

rose 0.5% to 16,955 yuan, and tin gained 0.3% to

263,800 yuan.

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DATA/EVENTS (GMT)

0800 Germany Ifo Business Climate, Curr Conditions,

Expectations New Jun

1400 US Consumer Confidence Jun

($1 = 7.1773 Chinese yuan)