CME Group Launches U.S. Zinc Futures; Glencore, Trafigura Execute First Trades

Recently, CME Group announced that Glencore and Trafigura completed the first trades of its U.S. Zinc Futures contracts on the CME Globex platform. The initial trades were executed on August 20 for September delivery.

In March 2026, CME Group revised its zinc futures contract to a U.S. duty-paid structure in response to market participants’ demand for a tool to manage U.S. pricing dynamics. As an exchange-traded and centrally cleared instrument, the contract provides a risk management tool for the all-in U.S. zinc price.

CME Group said the product will help improve pricing accuracy and market transparency while enhancing hedging efficiency for producers, consumers and intermediaries. The U.S. Zinc Futures contract is physically settled and listed under COMEX rules.