LME zinc stocks rise 1,675t, copper up 6,325t; tin and aluminium fall

The split is the story: base metals tied to industrial and construction demand — copper, zinc, nickel, lead — all built inventories, while tin and aluminium drew down. That divergence matters for anyone tracking whether softer manufacturing demand is showing up in exchange warehouses, or whether these are routine delivery flows. With tin's small, illiquid market, a 230-tonne decline can move the needle more than the headline number suggests. Whether the broad builds continue is the open question.