Trump Effect Lifts Baltic Rates, For Now — Panjiva
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Trump Effect Lifts Baltic Rates, For Now

Materials - Metals/Mining 794 Metals - Copper 79 Mode - Bulk 139 Mode - Seaborne 1845 Mode - Tanker 187 Politics 153 Theme - Rates 240 U.S. 5402

Metals prices jumped as much as 24% in the first week after the U.S. elections as traders expect President-elect Trump’s $1 trillion infrastructure plan to boost demand. This has been reflected in a 22% jump in Baltic Dry Index rates and 13% in Baltic Dirty Tanker index. Full details of the infrastructure plan and also any plans for energy independence may take at least until January to emerge.

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