CME Plans World's First Tungsten Futures As Booming Missile Demand May Spark Severe 2030 Shortage
CME Plans World's First Tungsten Futures As Booming Missile Demand May Spark Severe 2030 Shortage CME Group plans to launch the first tungsten futures contract as deepening resource nationalism, Chinese export restrictions, and rising demand from the global rearmament cycle intensify Western governments' focus on securing conflict-free materials and highlight the industrial base's urgent need to hedge future price risk. These new contracts would introduce exchange-traded forward pricing to a market that currently relies heavily on spot prices and has limited visibility into future