Copper futures traded higher on Monday amid a broadly steady dollar as data showing easing US prices bolstered bets that the US central bank could cut interest rates in June. Moreover, positive industrial data in the world’s top consumer China also bolstered demand outlook for the metal. China's manufacturing activity expanded for the first time in six months in March, with the official purchasing managers' index coming in at 50.8, up from 49.1 a month earlier, data showed.
Copper futures for May delivery gained 1.15% or $0.0460 at $4.0530 a pound on the Comex metals division of New York Mercantile Exchange.