Commodity | Forecast | 2017-2020

This page provides forecasts for Commodity including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Energy Price Day Q4/17 Q1/18 Q2/18 Q3/18
Crude Oil 58.9500 0.53 0.91% 45.6 41.8 38 34.2
Brent 63.7300 0.18 0.28% 51.9 48 44.1 40.2
Natural gas 2.8130 0.10 -3.31% 2.6 2.3 2 1.7
Gasoline 1.7880 0.01 0.79% 1.42 1.27 1.12 0.97
Heating oil 1.9523 0.02 1.02% 1.64 1.53 1.42 1.3
Ethanol 1.3710 0.02 1.41% 1.33 1.23 1.12 1.02
Naphtha 573.37 1.09 0.19% 412 408 403 403
Propane 0.98 0.00 -0.01% 0.61 0.6 0.6 0.58

Metals Price Day Q4/17 Q1/18 Q2/18 Q3/18
Gold 1,287.83 3.07 -0.24% 1230 1190 1160 1120
Silver 16.9800 0.08 -0.44% 15.5 14.7 13.9 13.1
Platinum 940.00 6.85 0.73% 869 828 786 745
Palladium 997.25 14.08 -1.39% 880 822 765 708

Agricultural Price Day Q4/17 Q1/18 Q2/18 Q3/18
Soybeans 993.2500 5.50 -0.55% 927 886 845 805
Wheat 415.7500 7.44 -1.76% 411 381 350 320
Cotton 72.23 1.49 2.11% 64.8 60.8 56.7 52.7
Rice 12.3900 0.00 -0.01% 11.2 10.6 9.94 9.3
Cheese 1.7590 0.00 0.00% 1.65 1.56 1.48 1.39
Palm Oil 2,545.00 15.00 0.59% 2597 2571 2544 2544
Milk 16.80 0.00 0.00% 15.4 15.2 15 15.29
Cocoa 2,080.00 39.00 -1.84% 1900 1730 1560 1390
Rubber 183.60 8.20 4.68% 175 142 108 75
Orange Juice 165.90 0.85 -0.51% 143 130 116 103
Coffee 124.80 0.25 0.20% 120 112 103 94.9
Lumber 420.70 6.80 -1.59% 386 359 332 305
Oat 249.2500 1.67 -0.67% 225 201 177 152
Wool 1,669.00 0.00 0.00% 1510 1480 1440 1400
Canola 511.00 1.70 -0.33% 473 451 428 405
Sugar 15.45 0.17 1.11% 12.9 11.9 10.8 9.78
Tea 3.48 0.00 0.00% 3.53 3.32 3.11 2.91
Corn 342.2500 2.37 -0.69% 330 311 291 272

Livestock Price Day Q4/17 Q1/18 Q2/18 Q3/18
Live Cattle 118.5750 0.48 -0.40% 104 97.6 91.2 85
Beef 9.74 0.04 0.41% 9.61 9.44 9.28 9.12
Feeder Cattle 153.3000 0.58 0.38% 146 137 129 121
Lean Hogs 63.2500 0.43 0.68% 54.1 47.4 40.8 34.1
Poultry 3.84 0.01 -0.26% 3.34 3.19 3.05 2.9

Industrial Price Day Q4/17 Q1/18 Q2/18 Q3/18
Copper 3.1660 0.03 1.00% 2.6 2.8 2.7 2.7
Bitumen 2,532.00 6.00 0.24% 1980 1750 1530 1310
Steel 4,080.00 12.00 -0.29% 4685 4303 4058 3568
Cobalt 61,000 0.00 0.00% 58555 57958 57360 57360
Lead 2,452.25 0.00 0.00% 2228 2205 2182 2182
Aluminum 2,097.00 25.00 1.20% 2090 2010 1940 1860
Tin 19,420.00 20.00 0.10% 20100 19200 18300 17400
Zinc 3,268.50 37.50 1.18% 3070 2860 2640 2420
Nickel 11,781.00 0.00 0.00% 9160 9067 8973 8973
Molybdenum 15,750.00 0.00 0.00% 15435 15278 15120 15120
Iron Ore 66.00 0.50 0.79% 62.7 62.1 61.4 61.4
Coal 91.25 4.95 -5.15% 77.9 77.1 76.3 76.3
Lithium 148.44 0.46 -0.31% 105 104 103 103

Index Price Day Q4/17 Q1/18 Q2/18 Q3/18
Baltic Dry 1,458.00 13.00 0.90% 864 856 847 847
CRB Index 195.02 0.63 0.33% 174 173 171 171
LME Index 3,261.90 0.00 0.00% 3050 2920 2790 2670
S&P GSCI 2,475.44 25.23 1.03% 2126 2105 2083 2083