This market resolves YES if synthetic graphite active anode material (AAM) China spot price exceeds 1500 USD/t on July 31, 2026.

What is being measured: Synthetic graphite active anode material (AAM) spot price, China domestic market, on the settlement date.

YES if: Synthetic graphite AAM China price >= 1500 USD per tonne on July 31, 2026 NO if: Synthetic graphite AAM China price < 1500 USD per tonne on July 31, 2026

Resolution sources (priority order):

Asian Metal synthetic graphite anode material price (asianmetal.com)

Shanghai Metals Market (SMM) synthetic graphite price (smm.cn)

Fastmarkets graphite AAM assessment (fastmarkets.com)

Benchmark Mineral Intelligence graphite AAM index (benchmarkminerals.com)