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, Aluminium and Nickel, while Lead stocks increased.

Copper stocks decreased by 750 tonnes, while Nickel inventories also declined by 72 tonnes. On the other hand, aluminium inventories declined 7725 tonnes, while Zinc stocks got subtracted by 5325 tonnes. Stock levels of Lead increased by 1550 tonnes.