This market resolves YES if the value of measurable samarium_oxide_western_price exceeds 12 USD/kg on October 31, 2026.

See measurable definition: measurables/samarium/samarium_oxide_western_price.measurable.yaml

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 October 31, 2026.

YES if: Western Sm2O3 spot price >= 12 USD/kg on October 31, 2026 NO if: Western Sm2O3 spot price < 12 USD/kg on October 31, 2026

Resolution sources (priority order):

1. Argus REE samarium oxide — CIF Rotterdam or Western assessment

2. Fastmarkets (ex-Metal Pages) Sm2O3 Western spot assessment

3. Asian Metal — samarium oxide Western or ex-China prices

4. SMM samarium oxide Western premium data