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 Copper, Lead, Zinc and Aluminium. While nickel inventories witnessed a built-up.

Nickel stocks increased by 588 tonnes. While stock levels of copper and lead subtracted 2425 tonnes and 1000 tonnes respectively. Zinc and Aluminium witnessed a drawdown of 1850 tonnes and 6350 tonnes respectively.