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 all base metals viz., Copper, Zinc, Nickel, and Aluminium. While Lead stocks levels remained unchanged.

Nickel inventories deducted 702 tonnes. Copper stocks fell by 225 tonnes. While Aluminium and Zinc stocks deducted 9225 tonnes and 2550 tonnes respectively.