Glencore expects another bumper year for commodity trading

[Glencore expects another bumper year for commodity trading] Glencore expects a new bumper year for commodity trade. Glencore said on Friday that trading profits this year would once again exceed the guidance range of $2.2 billion to $3.2 billion based on first-quarter results, which it has exceeded for the third year in a row. In addition, Glencore has maintained all its production targets for this year. On the deal side, the company stressed that energy products, including oil and coal, performed particularly well.