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 base metals viz. Copper, Zinc, Lead and Aluminium. While Nickel inventories witnessed a built-up.

Copper stocks decreased by 200 tonnes. While Lead and Zinc stocks deducted 4325 tonnes and 3125 tonnes respectively. Aluminium inventories subtracted massive 6025 tonnes. On the other hand, stock levels of nickel increased by 1086 tonnes.