On January 5, the non-ferrous metal inventories and changes on the London Metal Exchange (LME) are as follows:

1. Copper inventory: 142,550 tons, down 2,775 tons from the previous day.
2. Aluminum inventory: 506,750 tons, down 2,500 tons from the previous trading day.
3. Nickel inventory: 255,354 tons, up 72 tons from the previous day.
4. Zinc inventory: 105,850 tons, down 475 tons from the previous day.
5. Lead inventory: 236,900 tons, down 2,425 tons from the previous day.
6. Tin inventory: 5,420 tons, up 90 tons from the previous day.

PriceSeek Analysis
Copper, Bull-Bear Score: 1
Copper inventory decreased by 2,775 tons, indicating tightening supply, which may push up spot prices. The significant decline in inventory reflects robust demand or supply disruption risks, benefiting the spot market.

Aluminum, Bull-Bear Score: 1
Aluminum inventory decreased by 2,500 tons, easing supply-side pressure and benefiting spot prices. The notable decline in inventory suggests a recovery in industrial demand or production constraints, supporting upward price movement.

Nickel, Bull-Bear Score: -0.5
Nickel inventory increased by 72 tons, indicating a slight supply surplus, which is mildly bearish for spot prices. The small increase in inventory has limited impact but may restrain price rebounds. Monitoring the subsequent supply-demand balance is necessary.

Zinc, Bull-Bear Score: 0.5
Zinc inventory decreased by 475 tons, indicating a slight reduction in supply, which is mildly bullish for spot prices. The modest decline in inventory reflects steady demand but is insufficient to drive significant price increases, leaning neutral to optimistic.

Lead, Bull-Bear Score: 1
Lead inventory decreased by 2,425 tons, showing a significant contraction in supply, which is bullish for spot prices. The substantial decline in inventory reflects strong downstream demand or accelerated inventory digestion, supporting price strength.

Tin, Bull-Bear Score: -0.5
Tin inventory increased by 90 tons, indicating a slight rise in supply, which is mildly bearish for spot prices. The small increase in inventory has a weak impact but may limit upward price momentum. Monitoring inventory accumulation trends is necessary.