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SQMActive

Will SQM's iodine segment gross margin remain above 50% for FY2026?

Resolves March 31, 2027(269d)
IG: 0.64

Current Prediction

72%
Likely Yes
Model Agreement96%
Predictions9 runs
Last UpdatedApril 8, 2026

Why This Question Matters

Three lenses flagged iodine as materially underappreciated (42% of gross margin, record pricing, high entry barriers). If iodine margins stay above 50%, it confirms this business as a genuine earnings anchor independent of lithium. If margins compress, the 'lithium hedge' narrative weakens.

REVENUE_DURABILITYCOMPETITIVE_POSITION

Prediction Distribution

0%25%50%75%100%
opus
sonnet
haiku
Range: 68%80%Aggregate: 72%
Individual Predictions(9 runs)
opusRun 1
78%

See prediction-context.md. Probability 0.78 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
opusRun 2
75%

See prediction-context.md. Probability 0.75 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
opusRun 3
80%

See prediction-context.md. Probability 0.8 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
sonnetRun 1
72%

See prediction-context.md. Probability 0.72 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
sonnetRun 2
75%

See prediction-context.md. Probability 0.75 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
sonnetRun 3
70%

See prediction-context.md. Probability 0.7 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
haikuRun 1
72%

See prediction-context.md. Probability 0.72 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
haikuRun 2
68%

See prediction-context.md. Probability 0.68 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct
haikuRun 3
70%

See prediction-context.md. Probability 0.7 based on analysis facts.

Key factor 1 for sqm-fy2026-iodine-margin-above-50pctKey factor 2 for sqm-fy2026-iodine-margin-above-50pctKey factor 3 for sqm-fy2026-iodine-margin-above-50pct

Resolution Criteria

Resolves YES if SQM's iodine and derivatives segment gross margin exceeds 50% for FY2026. Resolves NO if gross margin is 50% or below.

Resolution Source

SQM FY2026 20-F filing with segment data

Source Trigger

Iodine is 42% of gross margin with record pricing and high entry barriers. Materially underappreciated per three lenses.

gravy-gaugeREVENUE_DURABILITYMEDIUM
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