9 Jan 2015
LME Inventory Update
FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) showed a rise in the inventory levels of Copper. On the other hand, the inventory levels of Nickel, Aluminium, Lead and Zinc declined.
Copper stocks increased by 8250 tonnes, while nickel inventories fell by 678 tonnes. On the other hand, aluminium inventories witnessed a massive drawdown of 8225 tonnes, while zinc stocks got subtracted by 3200 tonnes. Meanwhile, the stock levels of Lead declined by 1200 tonnes.
Copper stocks increased by 8250 tonnes, while nickel inventories fell by 678 tonnes. On the other hand, aluminium inventories witnessed a massive drawdown of 8225 tonnes, while zinc stocks got subtracted by 3200 tonnes. Meanwhile, the stock levels of Lead declined by 1200 tonnes.