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US copper futures started the week with renewed upside momentum early on Monday, as a weaker dollar and better-than-expected regional manufacturing data helped prices rebound from Friday's profit-taking retreat. Copper for March delivery rose 3.70 cents to $3.1625 a lb by 10:40 am EST (1540 GMT) on the New York Mercantile Exchange's COMEX division. Range from $3.1060 to $3.1695.
On Friday, COMEX copper scaled a new 14-month high at $3.23. COMEX estimated futures volume at 13,723 lots by 10 am.

Copyright Reuters, 2009

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