SINGAPORE, June 26 (Reuters) - Copper is on track to post a

weekly loss on Friday, weighed down by a strong dollar and

continued macroeconomic concerns, though dip buying limited the

decline.

Benchmark three-month copper on the London Metal

Exchange fell 1% to $13,137 a metric ton by 0300 GMT.

The most-traded copper contract on the Shanghai Futures

Exchange stayed largely stable, edging up only 0.1% at

101,360 yuan ($14,900.84) a ton.

Copper was poised to end the week down by more than 3% on

both exchanges.

The U.S. dollar gained 0.09%, partially reversing

Thursday's decline and making greenback-denominated commodities

more expensive for buyers using other currencies.

Elsewhere, economic headwinds from the war in the Middle East

helped push a key U.S. inflation indicator to its highest level

in three years in May.

Inflation and higher interest rate expectations have

persistently weighed on growth-dependent industrial minerals.

Lower Shanghai copper prices brought some buying interest

back to the market on Thursday, providing support, Chinese

broker Jinrui Futures, a subsidiary of copper producer Jiangxi

Copper, wrote in a note.

China's Yangshan copper premium , which

reflects buying appetite in the world's largest consumer, rose

to its highest in three weeks.

Copper stocks on the LME continued to

decrease while stocks on the CME increased.

Material has been pulled into U.S. warehouses ahead of a

recommendation to President Trump to introduce tariffs on copper

imports, due next week.

Aluminium largely shrugged off jitters in this week's tentative

Middle East peace after a cargo ship said it was hit by a

projectile in the Strait of Hormuz.

On the LME, it dipped 0.32%, and on the SHFE,

it lost 0.59%. Prices for the light metal have fallen 6% on the

LME since the start of the week as the Middle East risk premium

receded.

Among other LME metals, zinc fell 1.31%, lead

lost 0.44%, nickel dropped 1.27% and tin

decreased 2.52%.

Elsewhere on SHFE, zinc lost 1.17%, lead

was little changed, up only 0.03%, nickel shed 1.91%

and tin fell 2.02%.

($1 = 6.8023 Chinese yuan renminbi)