This market resolves YES if China coated spherical graphite (battery grade) exceeds 2000 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 ≥ 2000 USD per tonne on June 30, 2026 NO if: Coated spherical graphite (battery grade) China spot price < 2000 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: 1,843.72 USD/t
Rationale: The raw criteria requires the actual spot price of China coated spherical graphite (battery grade) to exceed $2,000 USD/t on June 30, 2026. The closest reliable spot price is $1,843.72/t on July 2, 2026, per Shanghai Metals Market (SMM) benchmark for spherical graphite. Even allowing for a potential coating premium, all available data and industry commentary indicates the coated price did not exceed $2,000/t on the resolution date. There are no sources suggesting the threshold was crossed.
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