|Bid||557.10 x 0|
|Ask||557.30 x 0|
|Day's range||555.10 - 567.60|
|52-week range||346.40 - 567.60|
|Beta (5Y monthly)||1.37|
|PE ratio (TTM)||N/A|
|Earnings date||13 Feb 2023 - 17 Feb 2023|
|Forward dividend & yield||0.22 (4.34%)|
|Ex-dividend date||01 Sept 2022|
|1y target est||6.24|
Activity in CME Group's cobalt futures has this year soared far above London Metal Exchange volumes, with sources citing major firms including top producer Glencore as users covering their exposure to the battery metal. Consumers, producers, commodity traders, brokers and banks are backing the CME's cash-settled contract as they want a liquid instrument to hedge cobalt, which has grown in importance due to its use in electric-vehicle batteries, which are crucial for meeting targets for cutting emissions. Growing volumes for CME cobalt are expected to help the U.S. exchange win market share in contracts for other materials used in electric vehicles such as lithium and aluminium.
If you want to know who really controls Glencore plc ( LON:GLEN ), then you'll have to look at the makeup of its share...
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