US MIDDAY: copper eases

04 Apr, 2012

In New York, the COMEX May contract eased 0.20 cent to settle at $3.9190 per lb after dealing from $3.8940 to $3.9580. Volumes were light in a holiday shortened week, with China's financial markets shut until Wednesday, and many markets closed on Friday and Monday for the Easter weekend. Volumes tipped above 50,000 lots in late New York trade, down more than 20 percent from their 30-day norm, according to preliminary Thomson Reuters data.

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