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, Zinc and Nickel, while the stock levels of Aluminium and Lead declined today.

Copper stocks increased by 400 tonnes, while zinc and nickel stocks witnessed an increase of 1500 tonnes and 1896 tonnes respectively. On the other hand, lead stock were marginally down by 25 tonnes, whereas aluminium inventories got subtracted by a whopping 6375 tonnes.