This market resolves YES if Sm2O3 Western (CIF Rotterdam) spot price exceeds 12 USD/kg on June 30, 2026.
What is being measured: Samarium oxide (Sm2O3, 3N) spot price in the Western market (CIF Rotterdam or equivalent ex-China Western assessment), USD/kg, on or nearest to June 30, 2026.
YES if: Western Sm2O3 spot price >= 12 USD/kg on June 30, 2026 NO if: Western Sm2O3 spot price < 12 USD/kg on June 30, 2026
Resolution sources (priority order):
Argus REE samarium oxide — CIF Rotterdam or Western assessment
Fastmarkets (ex-Metal Pages) Sm2O3 Western spot assessment
Asian Metal — samarium oxide Western or ex-China prices
SMM samarium oxide Western premium data
1,000Proposed resolution: NO Actual value: 2.18 USD/kg
Rationale: All available benchmarks for Sm2O3 Western (CIF Rotterdam) spot price in June 2026, including BusinessAnalytiq and ScrapMonster, report values in the $2.1–2.3/kg range. No source consulted shows a price exceeding 12 USD/kg, and market commentary confirms prices are far below the threshold. While no direct CIF Rotterdam spot price is published, the closest credible proxies are well below the threshold, satisfying the criteria for a NO resolution.
Sources read: