Copper sank to a near two-week low below $2.80 a lb in New York futures trade early on Monday, as a rebound in the dollar helped to extend a recent price pullback in the industrial metal from overextended levels, brokers said. Copper for December delivery slipped 6.40 cents, or 2.25 percent, to $2.7825 a lb by 10:27 am EDT (1427 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $2.8350 to $2.7625, the contract's lowest level since Sept. 2. COMEX estimated copper volume at 7,104 lots by 9 am.
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