Source: The Barrel Blog | Joseph Innace, Platts metal content director | April 5, 2017
The commodities price watch during President Donald Trump’s term continues. As a part of this ongoing series, here are the price averages for some key commodity Platts benchmarks since he became president on January 20, through March 31, 2017.
Of the 11 commodities tracked, the four metals (aluminum, gold, iron ore and steel) have gained since he took the oath of office. Of the energy commodities, natural gas and coal are down most sharply. Except for steel, the average prices to date (during the very early stages of the Trump presidency) all lag the average prices during President Obama’s two terms.
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