Will China restrict exports of high-purity nickel powder on December 31, 2026?
As of Oct 3, 2026, 5:28 AM ET, Manifold priced this market at 87.0% (up from 68.0% 24 hours earlier). It had Ṁ118 traded in the past 24 hours and Ṁ100 of order-book liquidity. probcast.co rates the support behind this price as weak.
The move lacks solid trading support — treat the new probability with caution.
The pricing has weak support: moderate trading volume.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
WeakThe pricing has weak support: moderate trading volume.
Consensus stability
Has the market settled at the new probability?
FormingMovement has slowed (19 points over six hours) but the market has not fully settled.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
Resolves YES if, as of December 31, 2026 (23:59 China Standard Time), China has an operative commodity-specific export prohibition, quota, or licensing requirement covering nickel powder with at least 99% nickel and average particle size below 10 micrometres, or porous nickel made from it, under item 1C240. Resolves NO otherwise.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
Resolves YES if, as of December 31, 2026 (23:59 China Standard Time), China has an operative commodity-specific export prohibition, quota, or licensing requirement covering nickel powder with at least 99% nickel and average particle size below 10 micrometres, or porous nickel made from it, under item 1C240. Resolves NO otherwise. Resolved from official MOFCOM and General Administration of Customs announcements, supported by major news and trade-press reporting.
Why the odds moved
The probability rose 19.0 percentage points over the last 24 hours (68.0% → 87.0%).
No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.
What could move this market next?
- The market's deadline arrivesDecember 30, 2026 at 7:00 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Oct 3, 5:37 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±30 pts.
What's happening
The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.
- Probability moved 19.0 pts in ≤6h on adequate liquidity
Read the latest price with caution; conditions make it an unreliable summary right now.
More details — reliability score, dynamics, durability
- Illiquid / quiet100%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward One big trader.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.
Market data
24h volume
Ṁ118
Liquidity
Ṁ100
Total volume
Ṁ118
- Category
- Geopolitics
- Venue
- Manifold
- Open interest
- —
- Current probability
- 87.0%
- 7-day range
- 68.0% – 87.0%
- Resolves
- Dec 30, 2026