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2011.03.0622:58:00UTC+00Copper Prices softened As Libya Crisis Dampens Market Sentiment

News:

  • Three-month copper on the London Metal Exchange
    inched down 0.2 percent at $9,875 a tonne by 0329 GMT
  • Shanghai's most-active copper futures contract fell
    half a percent at 74,320 yuan a tonne
  • China is seen continuing to drive copper demand, as the traditional peak season is expected to arrive in April and May
  • Market focus remains on the geopolitical uncertainties in the Middle East and North Africa and ECB President Trichet presser due at 1130 GMT

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