(Adds comment, detail, updates prices) MELBOURNE, June 8 (Reuters) - London copper rose to a one-week high on Tuesday after China trade improved in May which alleviated concerns over the health of the world's second-biggest economy. China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better than expected despite rising lending rates and a cooling property market. China's unwrought copper arrivals also jumped from a month earlier, making up for a drop in concentrate imports that had been impacted by supply disruptions in Indonesia and Chile.
"Refined copper imports tend to increase when there is limited availability of concentrate, so the decrease in concentrate supply could be the result of a lingering effect from the strike in Chile and supply disruptions at Freeport in Indonesia," said analyst Amy Li of National Australia Bank in Melbourne.
* COPPER: London Metal Exchange copper climbed by 1.2 percent to $5,687 a tonne by 0728 GMT, after closing little changed in the previous session, as the better trade data and potential supply disruptions out of Chile also forced shorts to cover. Prices are stuck in a range between the 100- and 200-day moving averages of $5,474 and $5,780 a tonne.
* SHANGHAI: Shanghai Futures Exchange copper climbed by 0.5 percent to 45,260 yuan ($6,662) a tonne.
* ZINC, LEAD: Other metals also climbed, with LME zinc and lead up 1.5 percent, tracking short-covering fueled gains in steel.
* UK ELECTION: British Prime Minister Theresa May faces the voters on Thursday in an election she called to strengthen her hand in looming Brexit talks, with her personal authority at stake.
* CHILE RAINS: Mines in northern Chile have suspended key operations after heavy rains lashed the high altitude desert region of Antofagasta overnight and into Wednesday, companies told Reuters.
* NICKEL: Global nickel miners are coming under renewed pressure to cut costs or close capacity as a flood of cheap ore pushes prices to one-year lows, with analysts seeing little prospect of recovery.
* MARKETS: Asian shares wobbled on Thursday as investors braced for any surprises from the UK election, a European Central Bank policy meeting and congressional testimony from ex-FBI director James Comey who was fired by President Donald Trump last month. COMING UP: ECB announces outcome of policy meeting
BASE METALS PRICES 0728 Three month LME copper 5686.5 Most active ShFE 45230
Three month LME 1920
Most active ShFE 13775
Three month LME zinc 2484 Most active ShFE zinc 21640 Three month LME lead 2093 Most active ShFE lead 16670 Three month LME 8875
Most active ShFE 73200
Three month LME tin 19355 Most active ShFE tin 141820
BASE METALS ARBITRAGE
LME/SHFE COPPER LMESHFCUc3 164.84 LME/SHFE ALUMINIUM LMESHFALc3 -1336.92 LME/SHFE ZINC LMESHFZNc3 566.24 LME/SHFE LEAD LMESHFPBc3 -483.18 LME/SHFE NICKEL LMESHFNIc3 1902.3
($1 = 6.7936 Chinese yuan renminbi)
(Reporting by Melanie Burton; Editing by Richard Pullin and Christian Schmollinger)