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Glencore's Glasenberg says China can?t cool commodities for long News2423 Jun 2021, 23:43 GMT+10 Ivan Glasenberg, the billionaire boss of Glencore, said China's efforts to cool surging metal prices can't be sustained for long. "The Chinese are trying to push it down, bring it back to lower levels," Glencore's outgoing chief executive officer said on Tuesday at the Qatar Economic Forum. "I think that's a short-term game because the underlying fundamentals will keep it at these levels." China, spooked by a surge in commodity prices from copper to iron ore, has rolled out several measures this year in a sweeping...
