Coronavirus weighs on outlook for Glencore and Golden Ocean
Coronavirus inevitably featured in the outlook from both Glencore and Golden Ocean, who reported key financials on Tuesday. ‘Challenging scenarios’ aside, though, it seems that it is too early to forecast the potential impact
‘We haven’t had any cancellations in shipments, we have not had any delays in opening letters of credit across most of our commodities so nothing really to give a clear assessment yet,’ says Glencore CEO Ivan Glasenberg