CME Group recorded the first trades in its new U.S. Zinc Futures contracts, with participation from Glencore and Trafigura, expanding its regional industrial metals offering for U.S. price risk management. The contracts target producers, traders, and end users across the U.S. zinc supply chain, providing an exchange-traded, centrally cleared hedging tool for physical zinc exposure. CME Group, valued at about $100.4 billion, expects the launch to support volumes and revenue growth, though early traction will be measured by average daily volume and open interest after the first September 2026 delivery. Sustained engagement from commercial users would indicate the contract is becoming a regular hedging tool, while longer-term risks from DeFi-style venues and regulation remain.
CME Group IncCME launches new U.S. Zinc Futures, expecting to support volumes and revenue growth.
Glencore PLC