US copper futures fell over three percent early on Friday morning, matching a softer tone across the broader commodity complex, as the dollar strengthened and economic recovery worries mounted after China increased bank reserve levels. Benchmark copper for March delivery sank 9.45 cents, or 3 percent, to $3.0390 per lb by 9:46 am EST (1446 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $3.0340 to $3.14. COMEX estimated futures volume at 16,982 lots by 9 am.