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Commodities Briefing - Categorized | Performance, Price Watch more

Commodity prices to deliver bumper Glencore profit

Posted on 03 March 2011

From Reuters: Privately held Glencore, the world’s largest commodity trader, is expected to post a big rise in annual profit on Thursday as it prepares for a possible giant stockmarket listing.

The Swiss trader posted first-half net income of $1.56 billion, up 42 percent on a year earlier, as significantly higher metal prices boosted profit from its own mines and other assets…………………………………….Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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