This market resolves YES if natural flake graphite concentrate (FOB China, +80 mesh) spot price exceeds 650 USD/t on June 30, 2026.
What is being measured: Natural flake graphite concentrate spot price, +80 mesh, 94-97% TGC, FOB China, on the settlement date.
YES if: Natural flake graphite FOB China price >= 650 USD per tonne on June 30, 2026 NO if: Natural flake graphite FOB China price < 650 USD per tonne on June 30, 2026
Resolution sources (priority order):
Fastmarkets benchmark MB-GR-0001 — flake graphite +80 mesh, 94-97% TGC, FOB China (fastmarkets.com)
Asian Metal natural flake graphite prices (asianmetal.com)
Shanghai Metals Market (SMM) flake graphite price (smm.cn)
Benchmark Mineral Intelligence graphite price index (benchmarkminerals.com)
1,000Proposed resolution: NO Actual value: 194.00 USD/t
Rationale: The best available open data (SMM China Flake Graphite Nationwide Average Price) shows a spot price of 194 USD/t on July 1, 2026, well below the 650 USD/t threshold. No evidence from any major price reporting agency (SMM, Fastmarkets, Asian Metal, Benchmark) indicates that the price exceeded 650 USD/t around the settlement date. While the exact +80 mesh FOB China quote is not publicly available, all available sources and industry commentary confirm prices remained in the low $100s/t. This is a s
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