NEW YORK June 10 (Reuters) - U.S. copper futures ended up on Thursday,
after climbing to their highest levels in nearly one week, with an extended
bounce in the euro and robust Chinese trade statistics supporting the
advance.

 For detailed report on global copper markets, click on [MET/L]

 * Copper for July delivery HGN0 rose 1.25 cents to settle at $2.8625
per lb on the New York Mercantile Exchange's COMEX division.

 * Range from $2.8015 to $2.9050.

 * COMEX estimated final copper futures volume at 42,680 lots, compared
with 63,705 lots on Wednesday.

 * Open interest down 1,116 lots at 130,683 contracts as of June 9.

 * China imported 396,712 tonnes of copper in May, down 9.1 percent from
April's 436,345 tonnes, as measures to cool growth rates and slow property
speculation took hold. [ID:nTOE657073]     * May slowdown from an extremely
elevated height, with March and April imports the second-highest and
third-highest on record, respectively. [ID:nLDE65915M]

 * May's imports were still higher than any month between October 2009
and February 2010. China's import trend remains extraordinarily strong:
here

 * Numbers out of China sobering for all of the people who were looking
for a slowdown. Shows economy is not slowing - Charles Nedoss, senior
account manager and metals analyst with Olympus Futures in Chicago.

 * Copper further buoyed by third-straight day of gains in euro versus
dollar, which tends to make dollar-priced commodities more attractive to
buy for non-U.S. investors. [USD/]

 * London Metal Exchange copper stocks <0#LME-STOCKS> dropped 1,775
tonnes to 466,400 tonnes on Thursday -- their lowest since early December
last year.

 * COMEX copper inventories <COMEX/WHSTAT> flat at 102,110 short tons on
Wednesday.

 * LME copper for three-months delivery CMCU3 closed at $6,410 per
tonne, from $6,340 on Wednesday.
 (Reporting by Chris Kelly; Editing by John Picinich)


Source: http://af.reuters.com/article/metalsNews/idAFN1052205520100610