Will commodities be the salvation for Glencore’s share price?
There has been uncertainty about Glencore’s share price for some time since the Covid-19 pandemic. China’s strict zero-Covid lockdown measures and subsequent economic downturn added pressure on Glencore shares.
However, the country’s attempt to ease those restrictions should allay the fears of those who are sweating Glencore Shares.
The potential for a ‘super cycle’ in commodities exists in copper and iron ore, some of them…