BEIJING, Sept 12 (Reuters) - London copper prices rose as much as 1% in early trade on Thursday, after U.S. President Donald Trump agreed to delay hiking tariffs on $250 billion worth of Chinese goods by two weeks. Copper, considered a bellwether for economic health, fell by 17.7% in London in 2018 and has shed another 2.5% so far this year, weighed down by concerns the Sino-U.S. trade war will hurt demand for industrial metals. Trump said the "gesture of good will" to push the tariff hike levy to Oct. 15 came at the request of China's Vice Premier Liu He and due to China's 70th anniversary celebrations on Oct. 1. FUNDAMENTALS * COPPER: Three-month copper on the London Metal Exchange rose as much as 1% to $5,830.50 a tonne and stood at $5,816.50 as of 0157 GMT, having closed down 0.9% on Wednesday. The most traded November copper contract on the Shanghai Futures Exchange was flat at 47,240 yuan ($6,656.80) a tonne. * LME: The LME complex was mixed, with nickel climbing 0.4% and zinc flat, while lead slipped 0.1% and tin shed 1.4%. * SHFE: The ShFE will be closed on Friday for China's Mid-Autumn Festival, reopening on Monday. It will report weekly stocks data on Thursday but there will be no night-time trading session. * HKEX: Hong Kong Exchanges and Clearing Ltd (HKEX) , the owner of the LME, unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday that received a cool response from investors concerned about its regulatory and financial hurdles. * NICKEL: Large mining companies on Wednesday welcomed a recent decision by the Indonesian government to move forward a ban on exporting nickel ore, as the firms aim to increase smelting output. * For the top stories in metals and other news, click or MARKETS NEWS * Asian stocks rose on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks. DATA/EVENTS AHEAD 0600 Germany HICP Final YY Aug 0645 France CPI (EU Norm) Final MM, YY Aug 1145 EU ECB Refinancing Rate Sept 1145 EU ECB Deposit Rate Sept 1200 India Industrial Output YY July 1230 US CPI MM, SA Aug 1230 US Initial Jobless Claims Weekly 1230 ECB President Mario Draghi holds a press conference after interest rate meeting PRICES BASE METALS PRICES 0157 GMT Three month LME copper 5816.5 Most active ShFE copper 47240 Three month LME aluminium 1818 Most active ShFE aluminium 14435 Three month LME zinc 2365 Most active ShFE zinc 19220 Three month LME lead 2090.5 Most active ShFE lead 17450 Three month LME nickel 17950 Most active ShFE nickel 143120 Three month LME tin 17620 Most active ShFE tin 141470 BASE METALS ARBITRAGE LME/SHFE COPPER LMESHFCUc3 608.53 LME/SHFE ALUMINIUM LMESHFALc3 -178.03 LME/SHFE ZINC LMESHFZNc3 55.43 LME/SHFE LEAD LMESHFPBc3 -138.84 LME/SHFE NICKEL LMESHFNIc3 -3555.19 ($1 = 7.0965 Chinese yuan renminbi) (Reporting by Tom Daly; Editing by Rashmi Aich)
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