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

Nickel inventories added 228 tonnes. While Aluminium inventories rose by a massive 2025 tonnes. On the other hand, Copper stocks fell by 2650 tonnes. While Lead and Zinc stocks deducted 1025 tonnes and 2175 tonnes respectively.