Shanghai copper down

The most-traded June copper contract on the Shanghai Futures Exchange closed down 0.2 percent at 60,420 yuan a tonne on Thursday as a strong dollar held sentiment in check while concerns about a slow recovery in demand in China also weighed on the market.
"Any positive headline on the macroeconomy bodes well for copper, but eventually the market needs to heed the fundamentals. For copper, that is Chinese demand," said Zhu Bin, an analyst at Nanhua Futures in the eastern Chinese city of Hangzhou.