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LME price closes below $... per mton; Orders to withdraw metal surge in South Asia

1. LME prices face selling at $... per mton.

2. The Shanghai Futures Exchange (SHFE) was closed today due to the Tomb-Sweeping holiday. Trading will resume on Wednesday, April 6.

3. LME Cash–3M contango widens despite an increase in canceled warrants; the concentration of inventory holdings declines.