07 aug: UPDATE: PG&E Second-Quarter Profit Down On San Bruno Pipe..
07 aug: Brazil's CNI: Costs Still Weigh on Productivity, Investm..
07-08-2012 19:05:00

Glencore Says Demand Remains Healthy

Relateret indhold

LONDON--Commodities giant Glencore International PLC (GLEN.LN) said Tuesday that growing euro-zone sovereign debt concerns and the resulting knock to financial market sentiment and commodities prices has tempered the performance of its industrial assets, but that its market operations are still performing well and physical demand remains generally healthy.

Glencore released qualitative statements on its website Tuesday afternoon about its trading and prospects, contained in a second supplementary prospectus statement about its proposed multibillion-dollar merger with miner Xstrata PLC (XTA.LN). The merger would create the world's fourth-largest mining company with a market capitalization of $62 billion, but the two companies are under mounting pressure from some of Xstrata's largest shareholders to sweeten the terms of the deal.

Glencore said it's encouraged by progress in developing growth projects for its industrial assets.

Despite the economic uncertainty, the company said it sees commodity inventories, both on exchanges and within supply chains, as generally low and it continues to see long-term fundamentals for its major commodities as strong.

Earlier Tuesday, Anglo-Swiss miner Xstrata said it remains positive about the medium-term outlook for commodities, but it may slow down some investments as the industry faces a dip in demand and prices in the near term.

Glencore expects to report its half-year results on Aug. 21.

Write to Leia Parker at leia.parker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

August 07, 2012 13:05 ET (17:05 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: DSV og bankerne kan få hovedroller

21-10-2014 08:35:53
Det tegner til let bølgegang fra åbningen tirsdag, hvor DSV og bankerne kan komme i fokus efter nyt fra branchefæller. Swedbank er kommet med et stærkt regnskab..

TDC gennemfører købet af Get

20-10-2014 15:54:14
TDC gennemfører købet af den norske kabel tv-operatør Get.Samtidig præciseres forventningerne for 2014 inklusive Get. Driftsresultatet, EBITDA, ventes nu at lan..

Halliburton leverer over forventning i tredje kvartal

20-10-2014 13:22:10
Det amerikanske olieserviceselskab Halliburton kom pænt ud af tredje kvartal, hvor både top- og bundlinjen var en spids bedre end ventet i markedet.Halliburton ..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo/analytikere: Uenighed om Saxenda-effekt
2
Vestas/Nordea: Kursmålet sænkes og anbefalingen hæves - NY
3
Aktier/middag: Vestas får vinger efter løftet anbefaling
4
Rusland strammer importforbud overfor Danmark
5
Aktier/åbning: Vestas får vinger efter løftet anbefaling

Relaterede aktiekurser

Glencore PLC ORD USD0.01 318,20 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
21. oktober 2014 09:04:40
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141015.1 - EUROWEB7 - 2014-10-21 09:04:40 - 2014-10-21 09:04:40 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x