TAIPEI, Nov. 7 (Reuters) - Traders said on Monday that three-month copper prices on the London Metal Exchange rose due to fund buying on Monday, ignoring China's massive inventories and the National Reserve Agency's selling factors. At 0501 GMT, the three-month copper price of LME was quoted at US$4,006/ton-4,011/ton, and closed at US$3,975 on the London market on Friday. Earlier, the three-month copper price of LME had risen to 4,015 dollars, just below the record high of 4,018 dollars. A Tokyo dealer said: "While the U.S. dollar is rising and U.S. interest rates are likely to continue to rise, copper futures are still driven by buying funds from the United States." Last week, China’s copper stocks soared, and Shanghai’s stocks increased by approximately 17,500 tons. In the past two weeks, suppressed by the news that the National Reserve Bureau plans to sell copper to the market, Chinese copper prices have fallen by more than 1.5%. The copper price of the previous period rose sharply. In January, the price of Shanghai copper rose by 440 yuan/ton to 37,000 yuan/ton. However, there are still rumors in the market that the market will be consolidating. Other traders said that the price of copper will still rise. Copper prices have been supported by factors such as strong Chinese demand and tight supply, which have continued for up to two years. A Singapore trading company said in its daily report: "In the medium and long term, copper will continue to strengthen. Although the current price is still extended for some time, there are few signs that the price of copper has peaked." The agency expects copper resistance at 4,015 US dollars / ton -4,020 US dollars / ton. LME three-month aluminum was quoted at US$2,025/tonne-2,030/ton, which was basically the same as last Friday's closing price of US$2,027 in London, but lower than the 2,040 dollars it touched on the London market last week since 1995. High level. LME three-month zinc was flat at US$1,568/ton-1,573/tonne, hovering at a new high of US$1,576/tonne in eight years; three-month lead reported at US$976/tonne-981 US$/tonne; three-month period Nickel reported 11,675 US dollars / ton 11,825 US dollars / ton; three-month tin reported 6,325 US dollars / ton -6,400 US dollars / ton.