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 Aluminium, Nickel and Lead. While copper and zinc stocks witnessed a built-up.

Copper stocks increased by 1975 tonnes. While stock levels of zinc added 2050 tonnes. On the other hand, lead stocks fell by 825 tonnes and aluminium inventories declined by 350 tonnes. While, nickel witnessed a drawdown of 420 tonnes.