The most-traded October copper contract on the Shanghai Futures Exchange closed little changed at 53,050 yuan ($8,600) a tonne on Friday, but was set for a slight weekly rise. "If the jobs data comes in weaker than expected, it may mean the Fed postpones tapering of its quantitative easing which should weigh on the dollar and support metals," said economist Alexandra Knight of National Australia Bank in Melbourne.
Copper prices are drawing support from a string of mine and plant shutdowns that are threatening to erode an expected supply surplus this year. China will be closed from June 10-12 for Dragon Boat festival holidays.
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