Copper firm

Sydney

Copper prices drifted in early Asian trading on Friday with little movement in currency markets, a key driver over recent sessions.

"We´re seeing a flat dollar and that´s likely to keep things light," said a commodities trader in Perth, Australia. Copper hit a two-year high earlier this week at $6,400 a tonne as the dollar tracked lower, making dollar-denominated metals cheaper for investors using other currencies.

Three-month copper on the London Metal Exchange was little changed at $6,329 a tonne by 0134 GMT after trading flat in the previous session. The most-traded copper contract on the Shanghai Futures Exchange was flat at 50,150 yuan ($7,438) a tonne.

Glencore cut its 2017 output targets after changes in what it extracts at some of its mines, rainfall and maintenance hit production in the first half of the year.