This market resolves YES if China coated spherical graphite (battery grade) exceeds 2000 USD/t on December 31, 2026.

What is being measured: Battery-grade coated spherical graphite (≥99.95% C, D50 ~15–20μm) spot price in China's domestic market, in USD/t.

YES if: Coated spherical graphite (battery grade) China spot price ≥ 2000 USD per tonne on December 31, 2026 NO if: Coated spherical graphite (battery grade) China spot price < 2000 USD per tonne on December 31, 2026

Resolution sources (priority order):

Asian Metal spherical graphite price (asianmetal.com)

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

Fastmarkets battery graphite assessment (fastmarkets.com)