May 28 (Reuters) - Base metals prices rose on Tuesday, with Shanghai copper breaking a streak of four straight sessions of losses, supported by interest rate cut prospects, a weaker dollar and China's property easing measures.

Three-month copper on the London Metal Exchange (LME) rose 1.8% to $10,511 per metric ton by 0552 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange (SHFE) advanced 1.3% to 84,920 yuan ($11,719.08) a ton.

LME aluminium increased 1.6% to $2,703.50 a ton, nickel advanced 1.1% to $20,465, zinc was up 1.6% at $3,105.50, lead climbed 1.4% to $2,329.50 and tin rose 2.3% to $34,000.

SHFE aluminium increased 1.3% to 21,275 yuan a ton, nickel jumped 1.6% to 155,330 yuan, zinc rose 1.4% to 25,055 yuan, lead advanced 1.9% to 18,900 yuan and tin was up 2.2% at 278,850 yuan.

The European Central Bank has room to cut interest rates as inflation slows, key policymakers said on Monday, but added it must take its time in easing policy.

Meanwhile, the dollar waned following a slight pick up in risk appetite, but held tight ranges against its peers ahead of key inflation data from major economies this week.

A weaker dollar makes greenback-priced metals cheaper to holders of other currencies.

Rate cuts generally boost economic activities due to cheaper cost of borrowing money, which could eventually improve physical metal demand.

In China, the world's biggest metals consumer, authorities in commercial hub Shanghai eased property purchased restrictions, which also helped improve demand outlook for metals.

However, in the physical market in China, demand for copper from property-related sectors has not picked up, said CRU analyst He Tianyu, adding that it usually takes time for stimulus measures to transfer to real metals demand.

Copper buyers in China are waiting for prices to stabilise before making purchases, he said.

The usual premium to import copper into the country remained below zero, reflecting weak physical demand.

Stockpiles of copper in warehouses tracked by SHFE continued to be elevated, above the historical average for this time of the year.

Meanwhile, tin inventories in SHFE warehouses continued to climb and broke a new record high on Friday.

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($1 = 7.2463 yuan) (Reporting by Mai Nguyen in Hanoi; Editing by Mrigank Dhaniwala and Rashmi Aich)