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$CME is planning tungsten futures as demand for weapons rises. A new hedging tool for a strategic metal tied to defense demand, and the exchange is moving ahead of the supply chain. The question is wh

CME launching tungsten futures directly tied to rising weapons demand.

What happened: CME is planning tungsten futures as demand for weapons rises. China has restricted exports of the critical mineral used in armour-piercing munitions. Why it matters: The move ties a new exchange product to supply limits on a mineral the content identifies as critical to weapons production. Key numbers: Omit (no concrete figures in the content).
CME
$304.06
-0.71%
CME is planning tungsten futures as demand for weapons rises. China has restricted exports of the critical mineral used in armour-piercing munitions.
The move ties a new exchange product to supply limits on a mineral the content identifies as critical to weapons production. Key numbers: Omit (no concrete figures in the content).
Sources