LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) today showed a rise in the inventory levels of Copper and nickel, while the inventory levels of Lead, Zinc and aluminium declined.

Lead and zinc stocks decreased by 25 and 1225 tonnes respectively, while aluminium stocks witnessed another massive fall of 9925 tonnes. Meanwhile, copper stocks increased by 3525 tonnes and nickel inventory went up by 582 tonnes.