feb 8 reuters  london aluminium prices hit a near fourmonth high on tuesday boosted by dwindling inventories while coronavirus curbs in the chinese city of baise has hit transportation of alumina raising concerns over a potential cut in production threemonth aluminium on the london metal exchange was up 12 at 3170 a tonne as of 0250 gmt after hitting a peak since oct 19 at 3172 earlier the mosttraded march aluminium contract on the shanghai futures exchange rose 14 to 22465 yuan 353390 a tonne earlier in the session the contract hit 22615 yuan a peak since oct 22 last year aluminium stocks in lme approved warehouses fell to 768250 tonnes their lowest level since february 2007 the premium of lme cash aluminium over the threemonth contract has risen to 40 a tonne highest since july 2018 indicating tightening nearby supplies antaike a governmentbacked consultancy said in a statement on monday that part of local alumina production  a raw material used to make aluminium  has been affected by the covid19related restrictions in baise in the guangxi region and more producers saw transportation disruptions read more the threat of sanctions on russia a major aluminium producer if it attacks ukraine has also intensified supply concerns read more  lme copper rose 04 to 9812 a tonne nickel dipped to 23270 lead edged 03 higher to 2203 zinc was up 04 at 36405 and tin inched up 01 to 42985  shfe copper eased 03 to 70620 yuan a tonne nickel gained 09 to 172330 yuan zinc rose 07 to 25345 yuan lead fell 04 to 14810 yuan and tin was 06 higher at 333730 yuan  mining activity at perus massive las bambas copper mine which accounts for 2 of global supply has started to fall sharply after protesters blocked a key access road late last month according to unreported power use data and a company source read more  for the top stories in metals and other news click or  asian equities consolidated recent gains as investors sentiment improved amid strong results by us companies helping stocks recover from the worst start to the year since 2016 while a resurgent euro paused ahead of us inflation data reporting by eileen soreng in bengaluru and min zhang in beijing editing by rashmi aich