CME Group to Launch Tungsten Futures Contracts in 2027
· Business · Economic Times, Bloomberg
CME Group plans to launch tungsten futures contracts in early 2027, subject to regulatory approval. The global tungsten market, valued at over $20 billion, is currently designated as a critical mineral by several nations, including India, the US, and the European Union. The new contracts will be financially settled against the Fastmarkets assessment for tungsten ammonium paratungstate. CME reported a 41% year-on-year increase in daily metals trading volume during the first nine months of 2026.
Why it matters
The introduction of a futures market for tungsten provides a new hedging tool for industries reliant on this critical mineral, which is essential for manufacturing and technology.
Read the original report — Economic Times
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