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Why Glencore is unfazed by commodities rout

Posted on 23 May 2011

Depending on what side of the trade you were, many commodity investors want to put this month behind them. The first week of May witnessed an 11 percent slide in Standard & Poor’s GSCI Index of 24 commodities — the worst rout in almost two years.
Given this type of market volatility, conventional wisdom would suggest this isn’t the best environment or time for a commodity company to raise capital through an initial public offering……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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