METALS-Shanghai copper edges higher on dollar weakness

NEW DELHI, April 21 (Reuters) - Shanghai copper prices were trading slightly higher on Monday as the dollar weakened to a three-year low, though an ongoing trade unease between the U.S. and China, the world's leading metals consumer, was likely to limit further gains.

The most-traded copper contract on the Shanghai Futures Exchange (SHFE) SCFcv1 was up 0.2% at 76,150 yuan ($10,443.38) per ton, as of 0138 GMT.

The London Metal Exchange (LME) is closed on Monday for the Easter break.

The dollar tumbled as investor confidence in the U.S. economy took another hit over President Donald Trump's plans to shake up the Federal Reserve, which would throw into question the independence of the central bank. USD/

Separately, China said it respects all parties resolving economic and trade differences with the United States through consultation on an equal footing, but it will firmly oppose any party striking a deal at China's expense, its Commerce Ministry said on Monday.

China's ambassador to the United States, Xie Feng, urged Washington on Saturday to seek common ground with Beijing and pursue peaceful coexistence while warning that China stood ready to retaliate in the escalating trade war.

Among other metals, SHFE aluminium SAFcv1 firmed 0.2% to 19,740 yuan a ton, zinc SZNcv1 was up 0.7% at 22,180 yuan, lead SPBcv1 gained 0.4% to 16,880 yuan, tin SSNcv1 was up 0.6% to 258,280 yuan and nickel SNIcv1 eased 0.2% to 125,420 yuan.

($1 = 7.2995 yuan)