METALS-Copper hits 3-week low after weak China data
SINGAPORE, June 10 (Reuters) - London copper fell to its lowest since mid-May on Monday after soft Chinese economic data at the weekend reinforced the case that growth is still slowing in the world's second-biggest economy.
* Three-month copper on the London Metal Exchange hit its weakest since May 16 at $7,151.25 a tonne, before trading down 0.97 percent at $7,160 a tonne by 0111 GMT. That added to losses from the previous session when it finished the week 1-percent down.
* The Shanghai Futures Exchange is closed from June 10-12.
* Risks are rising that China's economic growth will slide further in the second quarter after data showed unexpected weakness in May trade and domestic activity struggling to pick up.
* Copper imports rose 21 percent from a nearly two-year low in April as delayed shipments from Chile arrived and buyers took advantage of higher prices at home than on the world market, China's General Administration of Customs said on Saturday.
* U.S. employers stepped up hiring a bit in May in a show of economic resilience that suggests the Federal Reserve could begin to scale back its monetary stimulus later this year.
* Hedge funds and money managers trimmed a net short position in copper futures and options in the week to June 4, a report by the Commodity Futures Trading Commission (CFTC) showed on Friday.
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* Asian stock markets were set for a cautious start on Monday.
* The dollar resumed its bounce against the yen in early Asian trade on Monday, moving well away from a two-month low plumbed in the previous session, while the Australian dollar slumped after disappointing data from China, its biggest export market.
DATA/EVENTS 0500 Japan Consumer confid. index May 0645 France Industrial output mm Apr 0800 Italy Industrial output yy WDA Apr 1500 Japan BOJ rate decision
Base metals prices at 0111 GMT
Metal Last Change Pct Move YTD pct chg LME Cu 7160.00 -70.00 -0.97 -9.72 HG COPPER JUL3 3.23 -0.04 -1.07 -11.47 LME Alum 1931.00 -9.00 -0.46 -6.85 LME Zinc 1878.00 -25.50 -1.34 -9.71 LME Nickel 14925.00 -120.00 -0.80 -12.51 LME Lead 2117.50 -46.50 -2.15 -9.12 LME Tin 20900.00 -150.00 -0.71 -10.68 LME/Shanghai arb^ -1950 --
Shanghai and COMEX contracts show most active months
(Reporting by Melanie Burton; Editing by Joseph Radford)