Commodity - Forecast - 2018-2020

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 Q2/18 Q3/18 Q4/18 Q1/19
Crude Oil 68.1701 0.19 -0.28% 58.8773 55.6773 52.6578 49.8001
Brent 73.7545 0.16 -0.22% 63.5793 60.1804 56.9561 53.9131
Natural gas 2.6802 0.02 0.60% 2.4888 2.2627 2.0574 1.8704
Gasoline 2.0780 0.00 0.04% 1.7810 1.6266 1.4856 1.3569
Heating oil 2.1131 0.00 -0.03% 1.8550 1.7554 1.6611 1.5719
Ethanol 1.5091 0.00 0.07% 1.2999 1.2245 1.1535 1.0865
Naphtha 602.34 0.73 0.12% 552.25 524.02 497.25 471.82
Propane 0.80 0.00 -0.24% 0.71 0.66 0.61 0.56
Uranium 20.5000 0.25 1.23% 19.4082 17.9361 16.5774 15.3216

Metals Price Day Q2/18 Q3/18 Q4/18 Q1/19
Gold 1,339.49 3.18 -0.24% 1,305.34 1,273.09 1,241.64 1,210.99
Silver 17.2092 0.02 -0.14% 15.6454 14.9940 14.3704 13.7730
Platinum 933.30 0.80 0.09% 881.40 847.58 815.04 783.69
Palladium 1,024.50 1.00 -0.10% 866.83 819.81 775.45 733.38
Rhodium 2,100.00 5.00 0.24% 1,948.40 1,860.89 1,777.45 1,697.48
Neodymium 435,000.00 2,500.00 -0.57% 421,276.50 396,574.50 373,349.25 351,466.50
Manganese 41.00 0.00 0.00% 38.72 36.56 34.52 32.60

Agricultural Price Day Q2/18 Q3/18 Q4/18 Q1/19
Soybeans 1,035.9786 1.50 -0.14% 978.8469 942.0283 906.6335 872.5610
Wheat 472.3045 3.50 -0.73% 428.0947 399.8606 373.4599 348.8009
Cotton 83.31 0.34 0.41% 80.00 80.00 78.00 75.00
Rice 13.0235 0.05 -0.35% 11.5000 11.0000 12.0000 12.5000
Cheese 1.5770 0.01 0.32% 1.3700 1.3100 1.2500 1.5500
Palm Oil 2,399.00 11.00 0.46% 2,650.00 2,600.00 2,500.00 2,300.00
Milk 14.51 0.02 0.14% 12.57 11.99 11.43 13.92
Oat 235.2833 0.50 0.21% 210.4696 192.0385 175.1991 159.8591
Canola 532.00 2.40 -0.45% 650.00 580.00 500.00 480.00
Cocoa 2,831.00 7.00 0.25% 2,750.00 2,650.00 3,000.00 2,600.00
Rubber 177.10 2.40 -1.34% 146.80 126.33 108.71 93.54
Orange Juice 143.15 1.55 -1.07% 114.50 105.08 96.43 139.73
Lumber 552.20 1.50 0.27% 480.00 490.00 500.00 480.00
Wool 1,805.00 29.00 1.63% 1,727.17 1,683.40 1,640.87 1,599.41
Sugar 11.75 0.01 0.09% 12.50 12.50 12.00 13.00
Coffee 114.25 0.65 -0.57% 122.00 120.00 120.00 130.00
Tea 3.08 0.00 0.00% 3.20 3.20 3.30 3.20
Corn 381.9980 0.75 -0.20% 366.1554 349.1035 332.8196 317.3039

Livestock Price Day Q2/18 Q3/18 Q4/18 Q1/19
Live Cattle 117.8000 1.18 -0.99% 105.1686 99.4643 94.0824 88.9785
Beef 9.57 0.04 -0.42% 9.45 9.27 9.10 8.93
Lean Hogs 70.1500 0.30 0.43% 47.1819 42.8719 38.9513 35.3890
Feeder Cattle 137.0250 0.20 -0.15% 123.6564 117.4189 111.5070 105.8815
Poultry 2.96 0.02 -0.67% 2.90 2.76 2.63 2.50

Industrial Price Day Q2/18 Q3/18 Q4/18 Q1/19
Copper 3.1156 0.02 -0.59% 2.8138 2.6564 2.5080 2.3679
Steel 3,779.00 54.00 1.45% 3,146.64 2,758.20 2,417.51 2,118.82
Bitumen 2,818.00 8.00 0.28% 2,461.80 2,203.85 1,972.85 1,766.05
Lead 2,373.75 0.00 0.00% 2,252.04 2,118.97 1,993.79 1,875.79
Aluminum 2,485.00 52.00 -2.05% 2,300.00 2,200.00 2,150.00 2,100.00
Tin 21,450.00 25.00 -0.12% 20,479.20 19,783.84 19,109.68 18,460.96
Zinc 3,223.00 42.00 -1.29% 3,110.10 2,949.05 2,796.20 2,651.55
Nickel 15,224.00 0.00 0.00% 14,000.00 13,500.00 13,000.00 12,000.00
Iron Ore 62% fe 65.49 0.80 1.24% 59.33 54.70 50.44 46.50
Molybdenum 25,000.00 0.00 0.00% 23,937.50 22,920.00 21,945.00 21,012.50
Iron Ore 68.50 3.00 4.58% 59.65 54.74 50.24 46.10
Coal 93.45 1.47 1.60% 87.59 83.13 78.89 74.86
Cobalt 91,250 0.00 0.00% 88,839 84,634 80,633 76,819
Soda Ash 1,910.00 0.00 0.00% 1,706.60 1,631.07 1,558.75 1,489.64
Lithium 130.70 0.83 0.64% 125.00 120.00 130.00 120.00

Index Price Day Q2/18 Q3/18 Q4/18 Q1/19
CRB Index 206.08 1.13 -0.54% 191.89 186.83 181.90 177.09
LME Index 3,493.70 0.00 0.00% 3,091.99 2,983.03 2,878.23 2,776.96
S&P GSCI 2,736.87 0.00 0.00% 2,479.42 2,394.17 2,311.74 2,232.14
Baltic Dry 1,201.00 77.00 6.85% 900.40 829.77 764.80 704.81

TRADING ECONOMICS forecasts are based on its analysts expectations and proprietary global macro models. We work hard to make sure any information we present is accurate and reliable. However, our forecasts are not recommendations to buy or sell nor we are a registered investment adviser. Moreover, the past performance of our models is not necessarily indicative of future results.