Johnson Mathey typically issues a revised 2025 estimate in their November PGM report. This market will close on the first of November and resolve when the report is issued. If the revised 2025 estimate for primary production of rhodium in Zimbabwe (only) exceeds 44 koz this market will resolve YES. If no report is issued by the end of 2025 the market will resolve N/A.
Resolution criteria
Resolves YES if Johnson Matthey’s 2025 PGM Market Report (or any official 2025 JM update) lists Zimbabwe’s 2025 primary rhodium production estimate > 44 thousand troy ounces (koz). Use the “Rhodium supply and demand: Troy ounces” table (Zimbabwe row). Direct PDF: matthey.com/.../PGM_Market_Report_25.pdf. (matthey.com)
Resolves NO if the figure is ≤ 44 koz (44.0 counts as NO). (matthey.com)
If no 2025 JM report/update is published by then, resolve N/A. Landing page: matthey.com/.../pgm-market-reports. (matthey.com)
“Primary supply” follows JM’s definition (mine production by country; excludes recycling). (matthey.com)
Background
JM publishes the PGM Market Report annually in May; the 2025 report was released May 15, 2025. (matthey.com)
In that report, the Zimbabwe 2025 primary rhodium estimate is 44 koz (see Rhodium supply and demand table, Zimbabwe row). (matthey.com)
Update 2026-04-25 (PST) (AI summary of creator comment): The creator is proposing to resolve this market as N/A (cancel) rather than YES or NO.
Update 2026-04-26 (PST) (AI summary of creator comment): The creator is proposing to resolve this market as N/A (cancel) rather than YES or NO.
Update 2026-04-27 (PST) (AI summary of creator comment): The creator is proposing to resolve this market as N/A (cancel) rather than YES or NO.
Update 2026-04-28 (PST) (AI summary of creator comment): The creator is proposing to resolve this market as N/A (cancel) rather than YES or NO.
Update 2026-04-29 (PST) (AI summary of creator comment): The creator is now proposing to resolve this market NO, with the actual value confirmed at 44.00 koz. This reverses previous proposals to resolve N/A. Per the resolution criteria, 44.0 koz counts as NO (must exceed 44 koz for YES).
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People are also trading
Proposed resolution: NO Actual value: 44,000.00 ounces
"In that report, the Zimbabwe 2025 primary rhodium estimate is 44 koz (see Rhodium supply and demand table, Zimbabwe row)."
Sources:
Proposed resolution: NO Actual value: 44.00 koz
"Johnson Matthey's 2025 PGM Market Report, released May 15, 2025, estimates Zimbabwe's primary rhodium production for 2025 at 44 thousand troy ounces (koz), as listed in the 'Rhodium supply and demand: Troy ounces' table (Zimbabwe row)."
Sources:
Proposed resolution: NO Actual value: 44,000.00 troy ounces
"Johnson Matthey's May 2025 PGM Market Report estimates Zimbabwe's primary rhodium production at exactly 44 thousand troy ounces (koz) for 2025. No final actuals reported; COMZ projection is higher, but JM remains the authoritative market source."
Sources:
Proposed resolution: NO Actual value: 44.00 koz
"Johnson Matthey's May 2025 PGM Market Report estimates Zimbabwe's primary rhodium production at 44 thousand troy ounces (koz) for 2025. No sources report a figure higher than 44 koz for Zimbabwe in 2025."
Sources:
Proposed resolution: NO Actual value: 44.00 koz
"Johnson Matthey's 2025 PGM Market Report, released May 15, 2025, estimates Zimbabwe's primary rhodium production for 2025 at 44 thousand troy ounces (koz), as listed in the 'Rhodium supply and demand: Troy ounces' table (Zimbabwe row)."
Sources: