LME price closes below $... per mton; Orders to withdraw metal surge in South Asia
April 4, 2022
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.