This market resolves YES if China coated spherical graphite (battery grade) exceeds 6000 USD/t on June 30, 2026.
What is being measured: Battery-grade coated spherical graphite (≥99.95% C, D50 ~15–20μm) spot price in China's domestic market, in USD/t.
YES if: Coated spherical graphite (battery grade) China spot price ≥ 6000 USD per tonne on June 30, 2026 NO if: Coated spherical graphite (battery grade) China spot price < 6000 USD per tonne on June 30, 2026
Resolution sources (priority order):
Asian Metal spherical graphite price (asianmetal.com)
Shanghai Metals Market (SMM) spherical graphite price (smm.cn)
Fastmarkets battery graphite assessment (fastmarkets.com)
1,000Proposed resolution: NO Actual value: 1,728.10 USD/t
Rationale: The contract asks whether the price of China coated spherical graphite (battery grade) exceeds $6,000/t on June 30, 2026. The best available spot price for the closest relevant product—China spherical graphite (battery-grade reference, uncoated)—is $1,728.10/t as of June 1, 2026 (SMM benchmark). Fastmarkets reports high-purity spherical graphite at $2,000–2,200/t in June 2026. Even allowing for a premium for coated battery-grade material, all credible sources indicate prices are far below the $6
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