Resolves YES if the London Metal Exchange (LME) official nickel settlement price on July 1, 2026, exceeds 9000 USD per tonne. Data will be sourced from the LME official price publications. This market reflects the potential impact of Papua New Guinea's temporary halt in nickel ore exports on global nickel supply and pricing. The threshold of 9000 USD/tonne is near the expected price level given current market trends and supply constraints. Only the official LME settlement price on the specified date counts; intraday or other exchange prices do not apply.
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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