METALS-Copper pulls back after 5-day rally as China weighs
* Strong EU, US data not enough to offset China weakness
* Copper hit one-month high at $7,119 on Weds
* Coming up: U.S. durable goods orders at 1230 GMT
LONDON/SINGAPORE, July 25 (Reuters) - Copper fell back on Thursday after a five-day run-up that lifted prices to a one-month high, under pressure from concerns that a slowing Chinese economy may dent demand from the world's top consumer amid ample global supplies.
Three- month copper on the London Metal Exchange was traded in official rings but was bid at $6,948 a tonne from a $7,055 close on Tursday, after earlier falling as low as $6,942.50.
Copper, used in construction, is down 12 percent this year on weaker Chinese growth.
Data on Wednesday showed manufacturing activity in China at an 11-month low in July, pointing to more challenges for the country where year-on-year economic growth has fallen in nine of the last 10 quarters.
"We think that China is going to continue to be under a bit of pressure and that could weigh on the base metals market a bit more," said Natalie Rampono, commodity strategist at Australia and New Zealand Banking Group.
Better than expected industrial growth data in the European Union and housing data from the United States only partially offset concerns about the slowdown in China, which accounts for 40 percent of global demand for refined copper.
THE WEIGHT OF ADDITIONAL TONNES
A projected surplus would also keep prices under pressure, Rampono said.
A Reuters poll released on Monday showed analysts forecasting a bigger global copper surplus of 153,000 tonnes in 2013, compared to 98,500 in the previous poll. The number is seen widening to 368,500 next year.
"Industrial metals are caught between a rock and a hard place. If you look at fundamentals we see supply additions everywhere and relatively high inventory levels," Credit Suisse analyst Tobias Merath said.
"The physical market remains relatively tight with premiums still elevated across the board so that is somewhat limiting the downside. But if anything we would say that fundamentals have a bit of a negative bias given growth slowdown in China."
Investment bank Goldman Sachs said on Wednesday its "least preferred commodities" in the next 12-month period were copper and iron ore, raw materials of which China is the biggest consumer.
Benchmark aluminium, used in packaging and transport, traded at $1,828 a tonne from $1,851 while zinc, used in galvanizing steel, untraded in rings, was bid at $1,871 from $1,885 Wednesday's close.
Battery material lead traded at $2,058 from $2,065 and tin was at $19,325 from $19,505 . Nickel traded at $14,140 from $14,360.