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

Copper stocks increased by 3000 tonnes. While stock levels of aluminium and lead added 4350 tonnes and 175 tonnes respectively. On the other hand, nickel stocks fell by a meagre 96 tonnes and Zinc inventories declined by 3325 tonnes.