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 1350 tonnes. While stock levels of nickel added 1482 tonnes. On the other hand, Lead stocks fell by mere 275 tonnes. While, Zinc and Nickel witnessed a drawdown of 1200 tonnes and 7825 tonnes respectively.