Issues regarding Price Spike of Nickel during March 7th a. What does it mean cash settlement and physical delivery, generally, are they the same for futures sellers? Are they the same for futures buyers? Alternatively, on what conditions, are they the same? On what conditions, do they result differently? a. Regarding Tsingshan, what are the differences between finding 200,000 tons of Nickel for delivery and closeout its position? b. What are the differences between Tsingshan's finding 200,000 tons of Nickel for delivery and closeout its position, to the hidden sniper"? (I call the counterparty sniper in the question. You don't have to use this word in the essay, but you can use it if you want) Issues regarding Price Spike of Nickel during March 7th a. What does it mean cash settlement and physical delivery, generally, are they the same for futures sellers? Are they the same for futures buyers? Alternatively, on what conditions, are they the same? On what conditions, do they result differently? a. Regarding Tsingshan, what are the differences between finding 200,000 tons of Nickel for delivery and closeout its position? b. What are the differences between Tsingshan's finding 200,000 tons of Nickel for delivery and closeout its position, to the hidden sniper"? (I call the counterparty sniper in the question. You don't have to use this word in the essay, but you can use it if you want)