LME 3-month copper gives up some early gains, slightly pressured by losses on Shanghai copper, says Tokyo-based trader; last at $5,835/ton, +$35 on London PM kerb, in quiet session. Tips LME copper to consolidate rest of week in $5,450-$5,950 band as supported at bottom of range supported by good physical buying, but sentiment not yet strong enough to breach psychological resistance at $6,000. Adds strong borrowing interest on cash-three month spread should be supportive, while recent Chinese import data showing copper consumption solid likely to help copper break $6,000 in medium term.
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