Listed close: May 12, 2027, 2:00 PM UTC. Settlement follows the provider's contract terms and may occur later.
If the Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Corrugated Recyclable Paper (BLS series WPU09120325; not seasonally adjusted; index June 2006=100) for January 2027 is above 65 index points, then the market resolves to Yes. Secondary rules: The Underlying is the Bureau of Labor Statistics' Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Corrugated Recyclable Paper, series WPU09120325, for January 2027. It is the not-seasonally-adjusted index level, June 2006=100, expressed in index points. This provides index-based OCC exposure, not a dollar price per ton.
This market expressly uses the first value published by BLS for that reporting month, including an initially preliminary value. Subsequent revisions and corrections do not affect resolution. The comparison is strictly greater than the strike, using the original BLS-reported precision without additional rounding; equality resolves to No. BLS is the binding source. FRED (https://fred.stlouisfed.org/series/WPU09120325) is a reference display; revised FRED history is not a substitute for the original BLS publication.
If publication is delayed, trading remains closed and determination waits for publication, subject to the Contract's expiration and data-unavailability provisions. The publication deadline for this event is May 12, 2027 at 10:00 AM EDT. Missing data and outcome reviews follow the Contract's Expiration and Contingencies provisions.
Kalshi is not affiliated, associated, authorized, endorsed by, or in any way officially connected with the Bureau of Labor Statistics. All trademarks, logos, and brand names are the property of their respective owners. Early close condition: This market may close and expire early after BLS publishes the initial corrugated recyclable paper price index for the specified reporting month, in accordance with the Contract rules.
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