TREE NEWS reports: The London Metal Exchange reported zinc inventories rose 4,775 tons, copper stocks increased 6,750 tons and nickel gained 120 tons. Lead stocks fell 1,150 tons, aluminum declined 1,500 tons and tin dropped 50 tons.
LME zinc stocks rise 4,775 tons; copper up 6,750 tons
The split between builds in zinc, copper and nickel and drawdowns in lead, aluminum and tin suggests inventory flows are moving in different directions rather than reflecting one broad demand signal. Copper's larger build stands out within this set, since exchange stocks are a visible gauge of near-term tightness. Whether these shifts persist across coming LME reports is the open question, and the divergence between the two groups is the detail worth tracking.
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