CME Group to Launch Tungsten Futures to Meet Rising Demand for Critical Minerals

What happened: CME Group announced it will launch Tungsten futures by early Q1 2027, pending regulatory review. The contract will be financially settled based on the Fastmarkets tungsten APT assessment and listed by COMEX. Key numbers: Trading start by early Q1 2027. Why it matters: CME said clients are seeking to hedge exposure and improve price transparency in a market that has an active spot market but no futures market. The contract joins its critical minerals suite as supply chains restructure. Market: +1.5% today ($293.87), +12.2% YTD, 1.1x vol — as of 11:45 UTC Verified: Q3_2026 (Oct 21) EPS $2.96 vs $2.98 est, -0.6% miss; next print ~Jan 20

CME Group announced it will launch Tungsten futures by early Q1 2027, pending regulatory review. The contract will be financially settled based on the Fastmarkets tungsten APT assessment and listed by COMEX.

CME said clients are seeking to hedge exposure and improve price transparency in a market that has an active spot market but no futures market. The contract joins its critical minerals suite as supply chains restructure. Market: +1.5% today ($293.87), +12.2% YTD, 1.1x vol — as of 11:45 UTC Verified: Q3_2026 (Oct 21) EPS $2.96 vs $2.98 est, -0.6% miss; next print ~Jan 20