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MANIFOLD
Will the LME nickel price exceed $25,000 per tonne on April 1, 2026?
4
Ṁ100Ṁ594
resolved May 1
Resolved
NO

Resolves YES if the official London Metal Exchange (LME) settlement price for nickel on April 1, 2026, exceeds $25,000 per metric tonne. The LME price reflects global nickel market conditions and is influenced by supply disruptions such as Papua New Guinea's temporary nickel ore export halt, which accounts for about 3% of global supply and has tightened market availability. This threshold is near the expected price given recent supply constraints and demand growth from energy storage sectors. Prices used for resolution exclude intra-day spikes and are based on the official closing price published by LME on the settlement date.

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

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@mods from link provided click on 'Price graphs'.
17209 is displayed on the second graph for 3 month contract on 1 April but maybe I should have been pointing to the first graph being the cash market which is dispayed by the graph as 17060 on 1 April.

Anyway whether it should be 17060 or 17209 this is miles away from the thresholds set for these 4 markets of 8500, 9000, 9500, and 25000.

Resolve please.