This market resolves YES if APR (ammonium perrhenate) Rotterdam price exceeds 5000 USD/kg on May 31, 2026.
What is being measured: Ammonium perrhenate (APR) catalytic-grade spot price, in-warehouse Rotterdam, USD/kg, on or nearest to May 31, 2026.
YES if: APR Rotterdam price >= 5000 USD/kg on May 31, 2026 NO if: APR Rotterdam price < 5000 USD/kg on May 31, 2026
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)
1,000Proposed resolution: NO Actual value: 2,300.00 USD/kg
Rationale: The contract resolves based on whether the APR (ammonium perrhenate) Rotterdam price exceeded 5000 USD/kg on May 31, 2026. All available public sources, including USGS, Argus, and Metal.com, report prices in Europe and China well below this threshold—typically in the $2,300–2,400/kg range for Europe and up to ~$3,400/kg for China in May 2026. No evidence supports a price anywhere near $5,000/kg in Rotterdam at the resolution date. Therefore, the outcome is NO.
Sources read: