From The Economic Times · Reuters · · 50s
CME Launches Tungsten Futures
CME Group starts tungsten futures trading in 2027 to address critical mineral demand.
In brief
CME Group starts tungsten futures trading in 2027 to address critical mineral demand. CME Group will launch tungsten futures contracts in early 2027 to meet rising global demand for critical minerals. Originally reported by The Economic Times.
CME Group Launches Tungsten Futures
CME Group will launch tungsten futures contracts in early 2027 to meet rising demand for critical minerals.
Trading Begins in 2027
Contracts start trading in early 2027 pending regulatory approvals.
Global Tungsten Market
Global tungsten market worth over $20 billion with annual production of 85,000 to 95,000 metric tons.
Critical Mineral Designation
Tungsten designated critical mineral by US, EU, Japan, India and other countries.
Futures Market Needed
Tungsten lacks futures market despite active spot market.
The bottom line
CME Group will launch tungsten futures contracts in early 2027 to meet rising global demand for critical minerals.
