LME inventory update

FXStreet (Mumbai) - The daily inventory data released by the London Metal Exchange (LME) today showed a decline in the inventory levels of Copper, Zinc, and Aluminium. Meanwhile, the data showed a rise in the inventory levels of Nickel and Lead.

Aluminium inventory declined by 9700 tonnes today, while Nickel inventory increased by 234 tonnes. Copper inventory and Zinc inventory declined by 550 tonnes and 2050 tonnes respectively, while Lead inventory rose 400 tonnes.