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 and Zinc. While, aluminium, nickel and lead stocks witnessed a built-up.

Aluminium stocks increased by 2650 tonnes. While, nickel and lead inventories increased by 786 and 1050 tonnes respectively. On the other hand, copper inventories declined 450 tonnes, while zinc stocks got subtracted by 3400 tonnes.