SHANGHAI: Shanghai copper fell 0.8 percent on Monday after data showed a much slower pace in US jobs creation and inflation in China rising faster than expected, dimming the global outlook for copper demand.
FUNDAMENTALS
* The most active July copper contract on the Shanghai Futures Exchange fell to 59,980 yuan ($9,500) per tonne by 0142 GMT, after falling 0.7 percent on Friday.
* China's March Consumer Price Index, which measures inflation, rose more than expected, inching up 0.2 percent from the previous month and 3.6 percent from the year before.
* China's March Producer Price Index fell 0.3 percent from a year ago, more than the expected 0.2 percent fall.
* US employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy.
* Romania has backed out of a deal to sell its biggest copper mine to Canada's Roman Copper Corp, its economy minister said on Saturday, further delaying the country's long-awaited privatisation programme.
* The London Metal Exchange is closed for the Easter Holiday until Tuesday.
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