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, Lead, while Nickel and Copper stocks increased.

Copper stocks increased by 2675 tonnes, while nickel inventories increased by 1884 tonnes. On the other hand, aluminium inventories declined of 8725 tonnes, while zinc stocks got subtracted by 2975 tonnes. Meanwhile, the stock levels of Lead remained unchanged.