Resolves YES if the official nickel futures price on the London Metal Exchange (LME) is strictly above $9500 per tonne at the close of trading on May 1, 2026. This market reflects the potential supply pressure caused by the temporary halt of nickel ore exports from Papua New Guinea, which could tighten global nickel availability and push prices higher. The LME official settlement price will be used as the authoritative data source. Prices exactly equal to $9500 resolve NO. This market captures the forward-looking impact of supply disruptions on nickel pricing.

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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