This market resolves YES if APR (ammonium perrhenate) Rotterdam price exceeds 5000 USD/kg on June 30, 2027.

What is being measured: Ammonium perrhenate (APR) catalytic-grade spot price, in-warehouse Rotterdam, USD/kg, on or nearest to June 30, 2027.

YES if: APR Rotterdam price >= 5000 USD/kg on June 30, 2027 NO if: APR Rotterdam price < 5000 USD/kg on June 30, 2027

Resolution sources (priority order):

Fastmarkets — rhenium ammonium perrhenate, in-whs dup Rotterdam (MB-RE-0001)

Metal Bulletin rhenium APR price assessment

USGS Mineral Commodity Summaries — rhenium APR annual average price (annual reference)