This market resolves YES if the China domestic spot price for coated spherical graphite (battery grade) exceeds USD 3,500 per tonne on April 30, 2026.
What is being measured
Battery-grade coated spherical graphite (≥99.95% C, D50 ~15–20μm), priced in USD per tonne in China's domestic market. This is the anode-grade material consumed by Chinese lithium-ion battery cell makers.
Resolution mechanic
Evaluated once on April 30, 2026 against the published spot price (no path-dependence on intermediate days).
Resolution sources (priority order)
1,000Proposed resolution: NO Actual value: 2,200.00 USD/t
"In the most recent calculation on June 8, Fastmarkets assessed the price of graphite, spherical, 99.95% C, 15 microns, fob China, at $2,000-2,200 per tonne, down by more than 42% year on year compared with $3,500-3,800 per tonne on June 9, 2025. [Fastmarkets]"
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