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This market resolves YES if Sm metal (Western) spot price exceeds 200 USD/kg on October 31, 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 October 31, 2026.
- YES if: Western Sm metal spot price >= 200 USD/kg on October 31, 2026 NO if: Western Sm metal spot price < 200 USD/kg on October 31, 2026
- Resolution sources (priority order):
- Argus REE samarium metal — Western assessment
- Asian Metal — samarium metal Western or ex-China prices
