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., Copper, Zinc, Lead, and Aluminium. While Nickel stocks witnessed a built-up.

Nickel inventories added 972 tonnes. On the other hand, Copper stocks fell by 800 tonnes. While Lead and Zinc stocks deducted 375 tonnes and 3675 tonnes respectively. Aluminium inventories subtracted massive 9550 tonnes.