LME Says Nickel Contracts Trading Will Resume on March 16

The video discusses a chaotic 18-minute period in the nickel market, where prices surged dramatically due to a short squeeze involving Sing Sean, the largest nickel producer. This led to the exchange being closed for a week. As trading is set to resume, there is uncertainty about whether the market will stabilize or continue to experience volatility. Jamestown, a key player, has secured bank approval to pause margin calls, maintaining their short position, which they believe will be beneficial as the nickel rally cools off.

What are the expectations for trading when it restarts?

What actions did Jamestown take regarding their short position?