Copper trading range for the day is 310.9-321.7. Copper settled down after U.S. jobs data kept alive speculation about a U.S. rate hike later this year, boosting the dollar ahead of Lunar New Year holiday in China.
U.S. Department of Labor said nonfarm payrolls increased by 151,000 in January, falling considerably from a downwardly revised 262,000 in December.
Also weighing on prices ahead of the holiday was a surge in weekly inventories of copper by 13.8 percent in Shanghai Futures Exchange (ShFE) warehouses.
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