This market tracks Nickel price on the London Metal Exchange.

Measurement date: May 31, 2026

Resolution:

• YES if: Nickel price on the London Metal Exchange ≥ 8500 USD/tonne on 2026-05-31

• NO if: Nickel price on the London Metal Exchange < 8500 USD/tonne on 2026-05-31

LME data feed, Metal Bulletin reports

The Indonesian mining quota cut impacts global supplies, with price increases in stainless steel reflecting tightening market conditions.

Rationale: The significant cut at Indonesia’s biggest nickel operation may push up prices due to reduced supply, prompting stainless producers to raise their prices.

Source: Article