LME market: Base metal prices mostly closed higher on Monday, as a weaker dollar stimulated fund buying. Zinc once rose to a high point since December 1999 around US$1,242 per ton, and then emerging hedged orders dropped zinc prices to 1,237 points. The U.S. dollar rose by 14 U.S. dollars from last Friday's composite trading session. One trader said, "From a technical perspective, the zinc futures market is bullish, but we do not rule out a correction trend in the next few trading days, because of possible profit before the end of the year. The end of the "." dollar decline triggered further fund buying, while the fundamentals look good, although there is almost no fundamental news. "Man Financial expressed cautiousness on the recent gains in zinc, in a research report, said: We are cautious about these high prices because prices are approaching the key level of resistance, and there is little fundamental news to support them. In addition, we believe that most of the US dollar lower prices have passed, the rebound in energy prices is still a problem, and the freight rate decline has not eased. Signs. "Barclays Capital pointed out that investors' strong sentiment for zinc futures is likely to push the period up to about $1,400 per tonne. LME Copper: Three-month copper up $44 to each US$3,077, targeting the October high of 3,175. According to Barclays Capital, “The fundamentals outlook still provides solid support. Investors still have enough room to push up copper. The net long position in market copper is not yet a record in 2003. Half of the 4,8,000 ports." "In the LME market, the relatively low level of open interest also indicates that the participation of speculative forces is not high." LME Aluminium: Three-month aluminum rose 24 US dollars to 1,857 US dollars per ton. COMEX Copper: Copper futures settled near Monday's high, as the weaker dollar spurred fund buying. Traders believe that the copper price will increase further in the weak US dollar market. A trader said, "The drop in the dollar is certainly the main reason for the market's upward trend today. However, the supply side is also very tight, and the tight supply situation may not be eased as quickly as some people expected. "The target for March 2005 was approximately 2.10 cents or 1.5% higher at $1.4205 per pound. The Chinese trading range was 1.3935-1.4210. December spot copper for December rose 1.80 cents to $1.4905 a pound. Copper trading volume was estimated at 6,000, which was slightly higher than the 4,825 last Friday. The dollar fell further on Monday. Copper forms a support. USD/EUR Declined due to the lack of U.S. economic data to promote the market, traders continue to sell dollars in this situation