Macquarie doubts Glencore cuts will last

MACQUARIE has expressed doubts about Glencore implementing its recently announced plans to cut 15 million tonnes per annum of Australian coal production in 2015.

Macquarie doubts Glencore cuts will last Macquarie doubts Glencore cuts will last Macquarie doubts Glencore cuts will last Macquarie doubts Glencore cuts will last Macquarie doubts Glencore cuts will last

Glencore CEO Ivan Glasenberg said overnight that the company did not want to oversupply the market.

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