US copper futures moved modestly higher after the start on Thursday, though traders said buying remained light and came mostly from locals.
Most players, though sidelined, kept an eye on Chile's railway strike in the country's copper producing region. The labour stoppage drove prices up to new contract highs on Wednesday.
Benchmark March futures at the COMEX division of the New York Mercantile Exchange was up 0.15 cent at $2.0330 a lb, near the contract peak at $2.0340 set early on Thursday.
Spot December copper rose 0.65 cent to $2.1670 a lb. COMEX copper's all-time high was hit on Friday at $2.1940. But volume remained light with COMEX estimating 3,000 lots of copper traded by 1000 am EDT.
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