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US copper futures rose to a one-week high on Thursday, as risk appetite improved across global markets, with surprisingly strong German industrial output data and upbeat US weekly jobless claims supporting the advance. Copper for September delivery up 1.15 cents at $3.0265 per lb by 10:19 am EDT (1419 GMT) on the COMEX metals division of the New York Mercantile Exchange.
Range from $3.0075 to $3.0545, its loftiest level since June 29. COMEX estimated copper futures volume at 7,490 lots by 9 am.

Copyright Reuters, 2010

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