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

Copper stocks increased by 2825 tonnes. While stock levels of lead added whopping 16100 tonnes. On the other hand, Aluminium stocks fell by 5925 tonnes. While, zinc and nickel witnessed a drawdown of 2425 and 708 tonnes respectively.