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

Nickel inventories added 1008 tonnes. On the other hand, Lead and Zinc stocks deducted 75 tonnes and 3675 tonnes respectively. Aluminium inventories subtracted massive 11125 tonnes.