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

Copper stocks increased by 325 tonnes. While stock levels of aluminium and lead added 2025 tonnes and 100 tonnes respectively. On the other hand, Nickel stocks fell by 1626 tonnes. While, zinc witnessed a drawdown of 2650 tonnes.