The move comes as demand for tungsten rises due to its necessity in weapons manufacturing. By creating a financial market for the critical mineral, the exchange aims to help producers and industrial buyers manage volatility in the spot market as defense requirements increase worldwide.
Wednesday, October 21, 2026
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CME Group Debuts First Tungsten Futures for Weapon Demand
Commodities2 days ago
The Chicago Mercantile Exchange will debut contracts for a key defense metal in early 2027 to provide price discovery for the commodity. CME Group is launching tungsten futures in the first quarter of that year to establish the first formalized derivatives market for the material, providing a hedge for participants as global prices for the mineral surge.
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