US copper futures climbed to a 13-month high Monday morning, buoyed by strong Chinese import figures in September and the dollar's dive to a 14-month low against the euro. Copper for December delivery up 2.75 cents at $3.0620 a lb by 10:22 am EDT (1422 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $3.0150 to $3.0690, a new high for the contract going back to late September 2008. COMEX estimated futures volume at 6,200 lots by 9 am.