LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a drop in the inventory levels of Lead, Zinc and Aluminium. While, copper and nickel stocks witnessed a built-up.

Copper stocks increased by a whopping 10725 tonnes. While, nickel stocks rose by a meagre 342 tonnes. On the other hand, aluminium inventories declined 7050 tonnes, while Zinc stocks got subtracted by 3950 tonnes. While, stock levels of lead decreased by 350 tonnes.