Copper futures settled higher on Monday ahead of the US inflation report due this week, that could offer more clarity on the US Federal Reserve's monetary policy outlook. Moreover, weak US dollar and supply disruption worries also supported prices. However, weak Chinese demand and a limited growth outlook across major markets limited further gains in copper prices.
Copper futures for March delivery gained $0.0040 to settle at $3.81 a pound on the Comex metals division of New York Mercantile Exchange. Although, Copper on the London Metal Exchange was down by 0.18 percent at $8,448 a ton.