Where Glencore is going, other international commodities traders are almost certain to follow. The Swiss-based metals, oil and grains dealer, which launched an initial public offering (IPO) valued at up to $12.1 billion on Thursday (all figures US$), is likely to have the field clear while it taps investor appetite for profits from the world’s
Global commodity traders now likely to consider IPOs
Low Interest Rates Fuel Speculation
“With grains you have quite clearly a structural bull market for many years to come. If you could store grains for 10 years, then you would buy them and put them away.” – jonathan compton, bedlam asset management Ultra-low interest rates are bringing a wave of speculation to commodities, inflating a bubble that will inevitably