CME announces first trade of US Zinc futures
CME announces first trade of US Zinc futures Aug 25 (Reuters) - CME Group CME.O announced on Tuesday that the first trades of its U.S. Zinc Futures contracts were executed on CME Globex by Glencore and Trafigura.
The first trades, executed on screen on August 20, were for September delivery.
CME updated its Zinc contract to U.S. duty-paid in March 2026 in response to client demand for a tool to manage U.S. pricing dynamics.
As an exchange-traded, centrally cleared instrument that provides a risk management tool for the all-in U.S. zinc price, the contract will help improve accuracy, transparency and hedging optimization for producers, consumers and intermediaries, CME noted in the release.
As geopolitical fragmentation reshapes global supply chains, regional price signals matter more than ever," Jin Hennig, Managing Director and Global Head of Metals at CME Group said.
"The U.S. zinc market increasingly moves to its own dynamics — driven by domestic policy and supply security — and our new futures contract addresses this gap by providing participants a precise tool to manage their exposure."
(Reporting by Ishaan Arora in Bengaluru; Editing by)
((Ishaan.Arora@thomsonreuters.com;))
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