LONDON, Oct 28 (Reuters) – Glencore (GLEN.L) expects the trading arm’s second-half operating profit to fall sharply from the previous six months to $1.6 billion, it said on Friday, but remains on track for a record 2022 performance due to high oil and coal prices .

Earnings before interest and taxes (EBIT) reached $3.7 billion for the first half, with a long-term annual outlook of between $2.2 billion and $3.2 billion.

“Glencore expects a significantly reduced, but still above…

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