Will the LME nickel price exceed 9000 USD/tonne on April 1, 2026?
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Resolves YES if the official London Metal Exchange (LME) settlement price for nickel on April 1, 2026, exceeds 9000 USD per tonne. This market reflects the impact of Papua New Guinea's temporary halt in nickel ore exports on global nickel supply chains and pricing. The LME nickel price is a widely recognized benchmark for global nickel prices. Only the official LME settlement price on the specified date counts; intraday highs or other exchanges are excluded.
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.
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