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Copper futures trade higher on Monday

Copper futures were trading higher on Monday supported by a weakening US dollar overseas, which makes dollar-denominated commodities cheaper for international buyers and boosting global demand. However, some gains were limited as the Middle East conflict entered its fifth week with no end in sight.

Copper futures for May delivery rose $0.0090 or 0.16% at $5.5035 a pound on the Comex metals division of New York Mercantile Exchange.