Copper prices ebb lower in LME officials on eurozone concerns; ECB keeps rates flat

May 03, 2012 | 09:08 AM |

Copper prices settled close to intraday lows in official trading on the London Metal Exchange on Thursday May 3, responding to weakness in the euro seen as the EU’s economic woes come back into focus. Trading volumes remained thin on Thursday as the market awaits key US employment data due out on Friday and French and Greek elections at the weekend, an analyst said in a note. “Against that potentially rather volatile backdrop, in addition to the forthcoming long bank-holiday weekend in London, the base metals markets are understandably rather quiet with thin....

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