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 Copper, Zinc, and Nickel. While, Lead stocks and Aluminium stocks witnessed a built-up.

Copper stocks decreased by 4175 tonnes. On the other hand, aluminium inventories increased 1375 tonnes, while Zinc stocks got subtracted by 4400 tonnes. Stock levels of lead increased by 1175 tonnes, while Nickel inventory fell by 384 tonnes.