LME copper falls on rising inventories; nickel climbs

The split between copper and nickel is the tell here: copper's decline is tied explicitly to inventory builds rather than demand news, while nickel's gain stands out against a broadly firmer base-metals board. That divergence suggests stock levels, not macro sentiment, are currently driving copper's direction, which matters for anyone tracking the LME as a physical-market signal. Whether copper inventories keep climbing — and whether nickel's move holds without a stated catalyst — is the open question.