Chinese markets are closed on Monday and Tuesday due to holidays in the country. Trading will resume on Wednesday April 5. The start of the usually busier second quarter may be muted in the short term, with LME April traded options expiries due in mid-week.
Base metals prices gradually lost ground on the London Metal Exchange on Monday April 3 – after ranging routinely for most of the session, they ended softer and on the defensive.The LME aluminum price falls to US$1948.5/ Metric Ton.