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, Lead, and Aluminium. While stock levels of nickel witnessed a small built-up and that of zinc remained unchanged.

Copper stocks decreased by 125 tonnes. While stock levels of lead deducted 1050 tonnes. Aluminium stocks witnessed a drawdown of whopping 9900 tonnes. On the other hand, nickel inventories added a meagre 180 tonnes.