Glencore higher after US banks says miner is holding its own

  • Glencore PLC (LSE:GLEN) shares were higher after a leading bank reported that the miner and commodities trader is holding its ground in coking coal despite some shifts in the market story. Citi, in a research note, points out that coking coal prices have swung wildly every few years, often driven by changing narratives about supply and demand.