Copper futures climb on Monday

Copper futures climbed on Monday after the signals of a pick-up in the US housing industry which added support to the demand for commodities. China pledged to quicken the pace of economic reform as part of the government's efforts to arrest a slowdown in the world's second largest economy too supported copper prices uptrend. Copper futures for July delivery rose 0.11% to $3.148 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange edged up by 0.3% to $6881 a metric ton.