Recasts, updates prices, adds details

By Mai Nguyen

Nov 8 (Reuters) -Base metals were trading mixed on Friday and in caution, as the market awaited more details of fresh Chinesestimulus after a key political meeting this week.

Three-month copper on the London Metal Exchange (LME) CMCU3 fell 0.9% to $9,579.50 per metric ton by 0621 GMT, while the most-traded December copper contract on the Shanghai Futures Exchange (SHFE) SCFcv1 advanced 1.2%to 76,900 yuan ($10,754.19) a ton.

Beijing will conclude its five-day legislative meeting later in the day, with traders and investors closely watching for more details of China'sstimulus measures.

"The marketis waiting with bated breath for China's NPC (National People's Congress) announcements," said a trader, noting that prices are cushioned by hopes of a possible large liquidity injection by China.

The better-than-expected data from China, where exports grew at the fastest pace in more than twoyears in October and therising unwrought copper imports helped metals prices this week.

On a weekly basis, both copper contracts are set to gain, albeit only slightly, as Donald Trump's U.S. presidential win could mean more trade frictions that will dampen growth and metals demand.

However, Trump's win also bolstered market's hopes for a more aggressive stimulus package from China.

LME aluminium CMAL3 eased 0.2% to $2,689 a ton, nickel CMNI3 edged down 0.3% to $16,545, zinc CMZN3 fell 0.8% to $3,027, while leadCMPB3 advanced 0.2% to $2,041.50 and tinCMSN3 increased 0.1% to $31,840.

SHFE aluminium SAFcv1 climbed 1.8% to 21,590yuan a ton, nickel SNIcv1 jumped 2.7% to 129,300yuan, zinc SZNcv1 eased 0.1% to 24,900yuan, lead SPBcv1 increased 0.5% to 16,875 yuan, and tin SSNcv1 climbed 1.1% to 261,330yuan.

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($1 = 7.1507 yuan)

Reporting by Mai Nguyen in Hanoi; Editing by Janane Venkatraman and Sumana Nandy

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