US copper futures edged higher Monday morning as early weakness in the dollar and growing expectations for improved demand conditions in the new year gave prices a mild boost, even as stockpiles continued to mount. Benchmark copper for March delivery rose 1.70 cents to $3.1555 a lb by 10:28 am EST (1528 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $3.1365 to $3.1635. Comex estimated futures volume at 3,703 lots by 9 am EST. Copper buoyed by early dollar-related buying as falling greenback makes dollar-priced metals more attractive for non-US investors.
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