Energy Price Day Q1/20 Q2/20 Q3/20 Q4/20
Crude Oil 51.4058 0.58 -1.11% 52.8169 54.1160 55.4459 56.8120
Brent 57.0078 0.30 -0.52% 59.5404 60.9424 62.3735 63.8394
Natural gas 1.9425 0.11 5.93% 1.8936 1.9472 2.0022 2.0589
Gasoline 1.6081 0.02 1.32% 1.5472 1.5910 1.6360 1.6823
Heating oil 1.6735 0.01 -0.66% 1.6615 1.6971 1.7333 1.7704
Ethanol 1.3611 0.01 0.90% 1.3914 1.4354 1.4807 1.5275
Naphtha 475.91 1.43 -0.30% 540.63 554.29 568.31 582.71
Propane 0.39 0.00 0.23% 0.44 0.46 0.47 0.49
Uranium 24.5000 0.00 0.00% 24.7538 24.9600 25.1662 25.3749

Metals Price Day Q1/20 Q2/20 Q3/20 Q4/20
Gold 1,596.96 10.13 0.64% 1,596.90 1,612.08 1,627.43 1,642.77
Silver 18.0428 0.34 1.90% 18.2739 18.5599 18.8514 19.1482
Platinum 979.14 10.44 1.08% 972.79 989.90 1,007.30 1,025.08

Agricultural Price Day Q1/20 Q2/20 Q3/20 Q4/20
Soybeans 892.7592 2.62 -0.29% 883.5423 894.8832 906.3113 917.9139
Wheat 555.6068 10.97 2.02% 565.1803 578.5423 592.1804 606.1498
Cheese 1.7820 0.00 -0.11% 1.8432 1.8781 1.9136 1.9497
Palm Oil 2,574.00 5.00 0.19% 2,444.36 2,502.15 2,561.13 2,621.55
Milk 16.99 0.00 0.00% 17.33 17.63 17.94 18.25
Orange Juice 98.95 0.20 -0.20% 98.58 101.28 104.06 106.91
Rice 13.3000 0.03 -0.23% 13.6654 13.8434 14.0229 14.2050
Rubber 164.70 3.00 1.86% 165.43 169.04 172.71 176.49
Wool 1,568.00 0.00 0.00% 1,573.70 1,599.86 1,626.33 1,653.42
Tea 2.42 0.00 0.00% 2.55 2.67 2.80 2.93
Canola 461.30 1.80 0.39% 454.42 458.38 462.35 466.40
Coffee 107.25 1.85 -1.70% 105.41 108.24 111.16 114.15
Lumber 449.30 5.80 -1.27% 448.75 462.93 477.54 492.64
Sugar 15.25 0.19 1.26% 14.83 15.11 15.40 15.69
Cotton 68.33 0.92 1.36% 68.75 70.02 71.31 72.64
Cocoa 2,925.00 21.00 0.72% 2,834.48 2,893.08 2,953.06 3,014.16
Oat 297.4604 2.03 0.69% 311.6626 320.3056 329.1609 338.2891
Corn 381.5283 2.73 0.72% 390.0958 398.3095 406.7143 415.3101

Livestock Price Day Q1/20 Q2/20 Q3/20 Q4/20
Lean Hogs 55.9987 0.02 0.03% 58.9241 61.1992 63.5593 66.0159
Beef 13.81 0.16 -1.15% 13.06 13.22 13.38 13.55
Poultry 4.89 0.03 0.62% 4.52 4.58 4.63 4.69
Feeder Cattle 139.2921 0.50 0.36% 138.1594 140.4294 142.7266 145.0646
Live Cattle 121.4966 0.20 0.16% 123.1930 125.2172 127.2655 129.3503

Industrial Price Day Q1/20 Q2/20 Q3/20 Q4/20
Copper 2.6201 0.02 -0.68% 2.5500 2.5844 2.6192 2.6546
Lithium 49,000.00 0.00 0.00% 47,000.00 46,000.00 45,000.00 44,000.00
Bitumen 3,068.00 12.00 0.39% 3,224.09 3,355.44 3,491.76 3,633.95
Steel 3,369.00 25.00 -0.74% 3,737.29 3,858.20 3,983.45 4,112.32
Coal 69.00 1.85 -2.61% 68.37 69.58 70.82 72.08
Palladium 2,569.70 47.70 1.89% 2,329.07 2,381.24 2,434.54 2,489.21
Cobalt 33,750.00 0.00 0.00% 33,821.70 34,663.20 35,527.80 36,412.20
Lead 1,903.00 6.75 0.36% 1,870.58 1,904.20 1,938.56 1,973.48
Aluminum 1,721.00 1.00 -0.06% 1,749.52 1,768.22 1,787.08 1,806.30
Tin 16,600.00 75.00 0.45% 16,270.18 16,518.57 16,771.77 17,028.17
Zinc 2,172.00 23.00 1.07% 2,226.51 2,265.67 2,305.50 2,346.19
Nickel 13,023.50 91.50 0.71% 12,824.75 13,110.78 13,403.08 13,701.65
Molybdenum 24.20 0.00 0.00% 24.80 25.41 26.03 26.67
Iron Ore 90.00 1.50 1.69% 98.72 100.99 103.31 105.69
Neodymium 368,500.00 0.00 0.00% 374,151.75 380,913.75 387,822.75 394,842.00
Rhodium 11,500.00 425.00 3.84% 10,416.08 10,673.25 10,936.52 11,206.91
Soda Ash 1,550.00 0.00 0.00% 1,563.80 1,577.75 1,591.70 1,605.96
Iron Ore 62% fe 84.8600 0.28 -0.33% 94.9717 97.0898 99.2544 101.4654
Manganese 32.50 0.00 0.00% 31.74 31.99 32.23 32.48

Index Price Day Q1/20 Q2/20 Q3/20 Q4/20
Baltic Dry 434.00 9.00 2.12% 517.67 538.14 559.35 581.46
LME Index 2,691.40 16.90 0.63% 2,651.94 2,676.63 2,701.60 2,726.56
S&P GSCI 2,339.17 0.00 0.00% 2,365.51 2,401.16 2,437.51 2,474.33
CRB Index 183.31 0.10 -0.05% 182.38 184.30 186.23 188.20

TRADING ECONOMICS expects prices for most commodities to rise in 2020 on inflation concerns triggered by a tight labour market and high oil prices possibly caused by a rise in geopolitical tensions in the middle east between Iran and Saudi Arabia. TRADING ECONOMICS provides forecasts for Commodity prices based on its analysts expectations and proprietary global macro models. The current forecasts were last revised on February 1 of 2020. Please consider that while TRADING ECONOMICS forecasts for Commodities are made using our best efforts, they are not investment recommendations.