Resolves YES if the official nickel futures settlement price on the London Metal Exchange (LME) on May 1, 2026, exceeds 9000 USD per tonne. This market captures the impact of the temporary halt in nickel ore exports from Papua New Guinea on global nickel supply chains and pricing. The LME official closing price will be used as the authoritative data source. The threshold is near current market expectations given supply constraints, making the outcome uncertain and relevant for market participants.

The temporary halt in nickel ore exports by Papua New Guinea can impact global supply chains, specifically increasing pressure on nickel resource availability and influencing nickel futures pricing.

Source: Article