Glencore (GLEN LN) exec. says the Co. may implement further production cuts in its coal business to sustain price momentum despite already higher prices
Glencore's indication of potential further production cuts in its coal business suggests a proactive approach to maintain current price momentum, which is notable given the uptick in prices already.
Panasonic (6752 JT), Murata, Mizuho (8411 JT) and Goldman Sachs (GS) are reportedly set to join Softbank (9984 JT) led consortium for US gas power project, according to Nikkei
Nvidia (NVDA) CEO Huang says the GTC 2026 chip is an innovation the world has never seen before, we are working very closely with SK Hynix (000660 KS)
Glencore (GLEN LN) exec. says the Co. may implement further production cuts in its coal business to sustain price momentum despite already higher prices
ECB's Villeroy says the ECB has won the battle against inflation, domestic French inflation is undershooting on temporary factors but it is not too low
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This points to a supply-side driver that can support coal prices, particularly if implemented widely across the sector. Monitoring how this impacts market sentiment and related commodities will be key in the near term.
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