In the news from
FAIRFAX I.S. PLC, 46 Berkeley Square , Mayfair, London W1J 5AT , United Kingdom
www.fairfaxplc.com
Rumours of Glencore facing margin calls following a loss of value in its Xstrata stock may be overdone. Glencore is reported to have been asked to pay early for metals by producers and has paid according to a report in the Metal Bulletin yesterday. Credit insurance rates have risen from 1% to 5% or 6% and commodity trade finance has become harder to source. If metals markets move to cash trading then Glencore is likely to be well placed to enact this form of finance.
In the news fromFAIRFAX I.S. PLC, 46 Berkeley Square , Mayfair,...
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Last
$2.00 |
Change
0.005(0.25%) |
Mkt cap ! $302.0M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.00 | $1.98 | $382.7K | 192.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 48256 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 5361 | 1 |
View Market Depth
| Last trade - 14.31pm 11/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |