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 base metals viz. Copper, Zinc, Lead and Aluminium. While Nickel inventories witnessed a built-up.

Copper stocks decreased by 125 tonnes. While Lead and Zinc stocks deducted 4000 tonnes and 2150 tonnes respectively. Aluminium inventories subtracted massive 10150 tonnes. On the other hand, stock levels of nickel increased by 720 tonnes.