(Adds comment, updates prices)
    By Melanie Burton
    MELBOURNE, Dec 13 (Reuters) - London copper trading was
little changed on Wednesday, as volumes thinned throughout the
complex in the lead-up to holidays and ahead of a U.S. monetary
policy meeting which may spell out higher interest rates.
    "Price action is likely to remain subdued as traders look
ahead to key events later this week," ANZ said in a report.  
        
    FUNDAMENTALS
    * LME: London Metal Exchange copper was up 0.2
percent at $6,675.50 a tonne, as of 0534 GMT, having closed
little changed in the previous session. Prices have found a base
around $6,500, but have run into resistance at the 100-day
moving average around $6,690. Volumes were light with less than
1000 lots of turnover on the benchmark contract. 
    * SHFE: Shanghai Futures Exchange copper rose by
half a percent to 52,180 yuan ($7,881) a tonne.
    * GLENCORE: Miner and trader Glencore said on
Tuesday its battery minerals, especially cobalt, should spur
profit in 2017 and beyond in an update for investors that also
promised to grow the business, especially through partnerships. 
    * ZINC: Glencore said next year's zinc production would be
roughly steady at just over one million tonnes, although it will
start to ramp up some capacity.
    * JAPAN ECONOMY: Japanese machinery orders rose more than
expected in October, the Cabinet Office said on Wednesday,
rebounding after a big fall in the prior month in a sign capital
spending will remain resilient.
    * BAUXITE: Paris-based miner AMR began production at its
Guinean bauxite mine on Tuesday, aiming to produce between 6
million and 10 million tonnes a year of the aluminium ore, the
company said.
    * LEAD: Seasonally strong demand from battery makers, tight
supplies caused by mine shutdowns and dwindling inventories in
London Metal Exchange warehouses are expected to sustain lead
prices, which recently hit six-year highs. 
    * SHFE: Lead and zinc climbed 1.8 percent
and 0.7 percent respectively, buoyed by a crackdown on polluters
in China's Henan and Hunan provinces.         
    * MARKETS: U.S. stock futures, Treasury yields and the
dollar fell on Wednesday as Democrat Doug Jones beat Republican
Roy Moore in a bitter U.S. Senate race in Alabama, while Asian
shares edged up as crude oil futures took back lost ground.
        
    * For the top stories in metals and other news, click       
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    DATA/EVENT AHEAD (GMT)
    0700 Germany Wholesale price index Nov
    1000 Euro zone Industrial production Oct
    1000 Euro zone Employment Q3
    1330 U.S. Consumer prices Nov   
    1900 Federal Reserve announces interest rate decision 
    1930 Federal Reserve Chair Janet Yellen holds news briefing 
  
    PRICES    
   
 BASE METALS PRICES            0530 GMT          
 Three month LME copper                      6675
 Most active ShFE copper                    52190
 Three month LME aluminium                   2020
 Most active ShFE aluminium                 14265
 Three month LME zinc                        3145
 Most active ShFE zinc                      25095
 Three month LME lead                        2509
 Most active ShFE lead                      19150
 Three month LME nickel                     11160
 Most active ShFE nickel                    89910
 Three month LME tin                        19140
 Most active ShFE tin                      135010
                                                 
 BASE METALS ARBITRAGE                           
 LME/SHFE COPPER             LMESHFCUc3    615.08
 LME/SHFE ALUMINIUM          LMESHFALc3  -1278.94
                                         
 LME/SHFE ZINC               LMESHFZNc3    397.04
 LME/SHFE LEAD               LMESHFPBc3   -1048.8
 LME/SHFE NICKEL             LMESHFNIc3   2289.47
                                         
 

($1 = 6.6207 Chinese yuan)

    
 (Reporting by Melanie Burton; Editing by Sherry Jacob-Phillips)