19 Feb 2015
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 Lead, Zinc, Aluminium and Nickel, while Copper stocks increased.
Copper stocks increased by 575 tonnes, continuing its upsurge for the 10th week in a row, while nickel inventories fell by 186 tonnes. On the other hand, aluminium inventories declined 8125 tonnes, while Zinc stocks got subtracted by 550 tonnes. While, stock levels of lead decreased by 300 tonnes.
Copper stocks increased by 575 tonnes, continuing its upsurge for the 10th week in a row, while nickel inventories fell by 186 tonnes. On the other hand, aluminium inventories declined 8125 tonnes, while Zinc stocks got subtracted by 550 tonnes. While, stock levels of lead decreased by 300 tonnes.