Shanghai copper up

The most traded June copper contract on the Shanghai Futures Exchange ended up 0.6 percent at 51,290 yuan a tonne on Friday. Shanghai aluminium closed up 0.3 percent at 14,575 yuan ($2,294.81) a tonne on Friday. Zinc closed down 1.8 percent. "The market remains jumpy and rarely displaying a consistent tone during any 24-hour period let alone a trend lasting more than two days," Matt France, head of institutional metal sales, Asia, at brokerage Marex Spectron, wrote in a note.
"I still feel there is some value in the metals here but a lot hinges on how the equity markets and (US dollar) performs into the weekend," he added. Markets are also awaiting the outcome of trade talks between China and the United States in Beijing that end on Friday. A trade spat between the two countries has roiled metals markets in recent months, with the United States imposing tariffs on aluminium imports, and China retaliating by targeting US aluminium scrap.