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 57.4215 0.10 0.18% 45.6 41.8 38 34.2
Brent 63.4129 0.10 0.16% 51.9 48 44.1 40.2
Natural gas 2.6978 0.08 3.00% 2.6 2.3 2 1.7
Gasoline 1.6639 0.02 0.94% 1.42 1.27 1.12 0.97
Heating oil 1.9170 0.02 0.84% 1.64 1.53 1.42 1.3
Ethanol 1.2681 0.00 0.03% 1.33 1.23 1.12 1.02
Naphtha 567.88 1.30 -0.23% 412 408 403 403
Propane 0.93 0.01 0.74% 0.61 0.6 0.6 0.58

Metals Price Day Q4/17 Q1/18 Q2/18 Q3/18
Gold 1,260.96 8.10 0.65% 1230 1190 1160 1120
Silver 16.1300 0.06 0.37% 15.5 14.7 13.9 13.1
Platinum 897.99 4.69 0.53% 869 828 786 745
Palladium 1,016.40 6.57 -0.64% 880 822 765 708

Agricultural Price Day Q4/17 Q1/18 Q2/18 Q3/18
Soybeans 970.7417 2.05 0.21% 927 886 845 805
Wheat 422.9575 3.83 0.91% 411 381 350 320
Cotton 75.91 0.01 -0.01% 64.8 60.8 56.7 52.7
Rice 11.7197 0.02 -0.13% 11.2 10.6 9.94 9.3
Cheese 1.6600 0.00 -0.06% 1.65 1.56 1.48 1.39
Palm Oil 2,468.00 122.00 5.20% 2597 2571 2544 2544
Milk 15.50 0.00 0.00% 15.4 15.2 15 15.29
Rubber 208.50 13.60 6.98% 175 142 108 75
Orange Juice 144.50 2.40 -1.63% 143 130 116 103
Coffee 118.45 1.50 1.28% 120 112 103 94.9
Lumber 431.90 1.20 0.28% 386 359 332 305
Oat 254.5248 0.25 0.10% 225 201 177 152
Wool 1,765.00 0.00 0.00% 1510 1480 1440 1400
Cocoa 1,907.00 30.00 1.60% 1900 1730 1560 1390
Canola 502.30 7.30 1.47% 473 451 428 405
Sugar 13.84 0.18 1.32% 12.9 11.9 10.8 9.78
Tea 3.16 0.00 0.00% 3.53 3.32 3.11 2.91
Corn 348.1862 0.75 0.22% 330 311 291 272

Livestock Price Day Q4/17 Q1/18 Q2/18 Q3/18
Live Cattle 118.2276 0.70 -0.59% 104 97.6 91.2 85
Lean Hogs 68.4791 0.05 -0.07% 54.1 47.4 40.8 34.1
Poultry 3.68 0.00 0.00% 3.34 3.19 3.05 2.9
Beef 10.17 0.02 0.20% 9.61 9.44 9.28 9.12
Feeder Cattle 147.0342 0.75 -0.51% 146 137 129 121

Industrial Price Day Q4/17 Q1/18 Q2/18 Q3/18
Copper 3.1012 0.02 -0.48% 2.6 2.8 2.7 2.7
Steel 4,244.00 39.00 0.93% 4685 4303 4058 3568
Bitumen 2,442.00 70.00 2.95% 1980 1750 1530 1310
Cobalt 72,250 0.00 0.00% 58555 57958 57360 57360
Lead 2,546.00 54.50 2.19% 2228 2205 2182 2182
Aluminum 2,066.00 16.50 0.81% 2090 2010 1940 1860
Tin 19,150.00 250.00 1.32% 20100 19200 18300 17400
Zinc 3,205.00 18.00 0.56% 3070 2860 2640 2420
Nickel 11,522.00 422.50 3.81% 9160 9067 8973 8973
Molybdenum 15,750.00 0.00 0.00% 15435 15278 15120 15120
Iron Ore 71.00 0.00 0.00% 62.7 62.1 61.4 61.4
Coal 99.85 0.15 0.15% 77.9 77.1 76.3 76.3
Lithium 143.78 0.74 0.52% 105 104 103 103

Index Price Day Q4/17 Q1/18 Q2/18 Q3/18
Baltic Dry 1,619.00 49.00 -2.94% 864 856 847 847
CRB Index 188.48 1.12 0.60% 174 173 171 171
LME Index 3,185.50 0.00 0.00% 3050 2920 2790 2670
S&P GSCI 2,424.05 5.51 0.23% 2126 2105 2083 2083