CME Plans to Launch Cash-Settled Tungsten Futures in 2027
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AI-assisted source synthesis · not an independent investigation.
A report dated October 20, 2026, stated that CME Group plans to launch cash-settled tungsten futures on COMEX in the first half of 2027, but the contract is still subject to regulatory approval. The contract will not involve physical delivery and will be based on Fastmarkets’ assessment of ammonium paratungstate (APT), with the aim of helping companies and traders hedge price risk and providing a forward pricing benchmark for the spot-dominated tungsten market. The report also stated that Chinese tungsten product prices rose by more than 200% in 2025; global annual tungsten production is approximately 85,000 to 95,000 metric tons, with export restrictions and defense demand tightening supply.
AI-written from reports · updated 46 minutes ago
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- CryptopolitanCME Group plans to launch cash-settled tungsten futures in the first half of 2027, pending regulatory approval
CME Group plans to launch cash-settled tungsten futures on COMEX in the first half of 2027. The contract requires regulatory approval and will not involve physical delivery. It will be based on Fastmarkets’ assessment of APT, helping companies and traders hedge price risk and providing a forward-pricing benchmark for the spot-dominated market. Tungsten product prices in China rose by more than 200% in 2025, while global annual output is approximately 85,000 to 95,000 metric tons. Export restrictions and defense demand have tightened supply.
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