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METALS-Copper dips as European demand prospects dim
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* Copper ends lower as European fears persist
* Few G20 countries commit money to EU rescue fund
* Shanghai copper stocks up, premiums down
* Coming up: Greek PM confidence vote Friday night
By Chris Kelly and Silvia Antonioli
NEW YORK/LONDON, Nov 4 (Reuters) - Copper eased on Friday as
demand prospects dimmed and new doubts arose about Europe's bailout
package ahead of a crucial confidence vote in debt-ridden Greece.
A mixed U.S. job report failed to offset the gloom coming from
Europe.
Copper lost ground with other risk asset markets after German
Chancellor Angela Merkel said few countries in the Group of 20
leading economies had committed to the euro zone rescue fund.
Merkel's comments sapped some of the confidence that developed in
the broader markets on Thursday after Greece ditched controversial
plans to hold a referendum on its bailout, a move that had calmed
fears of a sovereign debt default.Metal Prices at 2021 GMT
COMEX copper in cents/lb, LME prices in $/T and SHFE prices in
yuan/T
Metal Last Change Pct Move End 2010 Ytd Pct
move
COMEX Cu 356.25 -2.60 -0.72 444.70 -19.89
LME Alum 2140.00 -6.00 -0.28 2470.00 -13.36
LME Cu 7869.00 -16.00 -0.20 9600.00 -18.03
LME Lead 2047.00 12.00 +0.59 2550.00 -19.73
LME Nickel 18900.00 480.00 +2.61 24750.00 -23.64
LME Tin 22050.00 50.00 +0.23 26900.00 -18.03
LME Zinc 1949.00 -21.00 -1.07 2454.00 -20.58
SHFE Alu 16380.00 240.00 +1.49 16840.00 -2.73
SHFE Cu* 59360.00 2560.00 +4.51 71850.00 -17.38
SHFE Zin 15550.00 505.00 +3.36 19475.00 -20.15
** Benchmark month for COMEX copper
* 3rd contract month for SHFE AL, CU and ZN
SHFE ZN began trading on 26/3/07
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