LME inventory: lead falls 3,775t, copper down 1,750t, aluminium down 750t

Broad inventory drawdowns across the LME complex, with lead and copper leading the declines, point to tightening available supply in those markets. The split is notable: zinc and tin bucked the trend, suggesting the destocking is not uniform across base metals. For physical traders and manufacturers, the pace of these declines is the metric to watch, since sustained withdrawals can shift the near-term supply-demand balance.