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MANIFOLD
Will Sm metal (Western) spot price exceed 100 USD/kg on June 30, 2026?
3
Ṁ100Ṁ20
resolved Jul 2
Resolved
NO

This market resolves YES if Sm metal (Western) spot price exceeds 100 USD/kg on June 30, 2026.

What is being measured: Samarium metal (Sm, 99%+ purity) spot price in the Western market (ex-China Western assessment), USD/kg, on or nearest to June 30, 2026.

YES if: Western Sm metal spot price >= 100 USD/kg on June 30, 2026 NO if: Western Sm metal spot price < 100 USD/kg on June 30, 2026

Resolution sources (priority order):

Argus REE samarium metal — Western assessment

Asian Metal — samarium metal Western or ex-China prices

Fastmarkets (ex-Metal Pages) Sm metal Western spot

SMM samarium metal Western assessment

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Resolved NO

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Proposed resolution: NO Actual value: 9.77 USD/kg

Rationale: The contract asks whether the Sm metal (Western) spot price exceeds $100/kg on June 30, 2026. While no direct 'Western spot price' is published, all authoritative sources (SMM, Northeast Asia index, and spot quotes) report prices between $9.64 and $10.35/kg for June 2026. Western spot pricing is typically referenced to these benchmarks, with no evidence of a price anywhere near the $100/kg threshold. Thus, the literal and reasonable interpretation of the criteria is not met.

Sources read: