8 Apr 2015
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 all base metals viz. Copper, Zinc, Lead, Nickel and Aluminium.
Copper stocks decreased by 2425 tonnes. While stock levels of lead and zinc deducted 7525 tonnes and 975 tonnes respectively. Aluminium stocks witnessed a massive drawdown of 15775 tonnes. Nickel inventories also got reduced by 594 tonnes.
Copper stocks decreased by 2425 tonnes. While stock levels of lead and zinc deducted 7525 tonnes and 975 tonnes respectively. Aluminium stocks witnessed a massive drawdown of 15775 tonnes. Nickel inventories also got reduced by 594 tonnes.