Resolves YES if the Tungsten Tantalum Molybdenum (TTM) APT price in Rotterdam is strictly greater than 1800 USD per metric ton unit on April 1, 2026, based on the official market price published by recognized commodity price reporting agencies such as Metal Bulletin or Fastmarkets. The APT price is a key benchmark reflecting tungsten market supply-demand balance, and the chosen threshold near current market expectations captures potential price volatility driven by production changes or demand shifts. Prices must be the spot or assessed price for that specific date; forward or futures prices do not count.

The APT price is a critical benchmark for tungsten market dynamics; fluctuations affect both producers and consumers.

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