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 Lead. While copper, aluminium and nickel stocks witnessed a built-up.

Copper stocks increased by 2400 tonnes. While stock levels of aluminium and nickel added 1850 tonnes and 1044 tonnes respectively. On the other hand, lead stocks fell by 800 tonnes and Zinc inventories declined by 2950 tonnes.