The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, November 20, 2012.
REUTERS/Arnd WiegmannLONDON, July 30 (Reuters) - Glencore (GLEN.L) on Friday raised expectations for its trading division following improved market conditions and a surge in commodity prices, but lowered full-year guidance for nickel and coal, citing output disruptions.
For output, it left its full-year guidance for copper and cobalt output broadly unchanged, but lowered its expectations for zinc, nickel and coal.
Lead output fell by 9% to 117,000 tonnes and nickel was down 14% to 47,700 tonnes over the period.
In the first half, zinc production rose by 6% to 581,800 tonnes, as COVID-related suspensions started to be lifted, but Glencore said the second half could be slower than previously thought.
Glencore, boe, Clara Denina, Kirsten Donovan, Barbara Lewis
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