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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 the base metals viz. Copper, Zinc, Lead, Nickel and Aluminium.

Copper stocks decreased by 325 tonnes. While Lead and Zinc stocks deducted 6200 tonnes and 3900 tonnes respectively. Aluminium inventories subtracted massive 16875 tonnes and nickel stocks were reduced by 144 tonnes.

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