This market resolves YES if premium petroleum needle coke spot price (China) exceeds 1500 USD/t on December 31, 2026.

What is being measured: Premium petroleum needle coke spot price, China domestic market, on the settlement date.

YES if: Premium needle coke China price >= 1500 USD per tonne on December 31, 2026 NO if: Premium needle coke China price < 1500 USD per tonne on December 31, 2026

Resolution sources (priority order):

Asian Metal needle coke prices (asianmetal.com)

Argus Media petroleum needle coke assessment (argusmedia.com)

Fastmarkets needle coke price (fastmarkets.com)

Shanghai Metals Market (SMM) needle coke (smm.cn)