Recently, the unprecedented nickel futures price broke out on LME London Metal Exchange, which attracted wide attention. LME decided to suspend nickel futures trading on March 8 and postpone all spot nickel contracts scheduled for delivery on March 9.

Futures are the subject matter of present trading and future delivery. This subject matter can be gold, crude oil, agricultural products, financial instruments, financial indicators and other commodities. The delivery date of futures can be one week later, one month later, three months later or even one year later.