CME Group announced it will launch tungsten futures to meet rising demand in its metals suite; the contract is expected to begin trading no later than Q1 2027, subject to regulatory review. Global tungsten output is roughly 85,000–95,000 tonnes annually; at current spot prices the market exceeds $20 bln. The US, EU, Japan and India have designated tungsten a critical mineral. An active spot market exists but there is currently no tungsten futures market.

2026-10-19

CME Group announced it will launch tungsten futures to meet rising demand in its metals suite; the contract is expected to begin trading no later than Q1 2027, subject to regulatory review. Global tungsten output is roughly 85,000–95,000 tonnes annually; at current spot prices the market exceeds $20 bln. The US, EU, Japan and India have designated tungsten a critical mineral. An active spot market exists but there is currently no tungsten futures market.