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 Q1/18 Q2/18 Q3/18 Q4/18
Crude Oil 62.9265 0.17 -0.27% 60.5400 56.8400 53.3800 50.1200
Brent 66.3349 0.16 -0.24% 65.9900 62.3700 58.9500 55.7300
Natural gas 2.6890 0.01 0.22% 2.7700 2.5200 2.2900 2.0800
Gasoline 1.8010 0.01 -0.33% 1.6900 1.5400 1.4000 1.2800
Heating oil 1.9623 0.00 -0.15% 1.9700 1.8700 1.7600 1.6700
Ethanol 1.4790 0.00 0.20% 1.2500 1.1700 1.1100 1.0400
Naphtha 555.58 0.12 -0.02% 561.61 531.84 503.67 476.98
Propane 0.84 0.01 -1.01% 0.86 0.77 0.70 0.63

Metals Price Day Q1/18 Q2/18 Q3/18 Q4/18
Gold 1,322.87 2.11 0.16% 1,291.52 1,259.74 1,228.76 1,198.57
Silver 16.4534 0.02 0.15% 16.3000 15.6100 14.9600 14.3400
Platinum 981.20 1.70 -0.17% 941.86 904.80 869.11 834.89
Palladium 1,046.00 10.55 1.02% 1,020.18 964.50 911.84 861.99

Agricultural Price Day Q1/18 Q2/18 Q3/18 Q4/18
Soybeans 1,047.5773 8.50 0.82% 950.0000 970.0000 980.0000 1,000.0000
Wheat 471.4258 8.00 1.73% 420.0000 420.0000 450.0000 450.0000
Cotton 81.76 0.06 0.07% 77.67 80.00 80.00 78.00
Rice 11.9435 0.01 0.11% 12.0000 11.5000 11.0000 12.0000
Cheese 1.4770 0.00 0.00% 1.4400 1.3700 1.3100 1.2500
Palm Oil 2,573.00 17.00 0.67% 2,307.30 2,386.94 2,272.65 2,263.94
Milk 14.05 0.61 4.54% 13.18 12.57 11.99 11.43
Wool 1,820.00 0.00 0.00% 1,800.00 1,850.00 1,900.00 1,900.00
Lumber 523.00 0.00 0.00% 480.00 480.00 490.00 500.00
Canola 517.30 0.30 0.06% 470.00 480.00 490.00 500.00
Tea 3.16 0.00 0.00% 3.30 3.20 3.20 3.30
Cocoa 2,239.00 15.00 0.67% 2,000.00 2,050.00 2,050.00 2,100.00
Rubber 185.40 1.10 0.60% 180.00 190.00 200.00 200.00
Orange Juice 146.15 1.85 -1.25% 124.76 114.50 105.08 96.43
Oat 261.8026 1.80 0.69% 250.0000 250.0000 260.0000 260.0000
Sugar 13.04 0.03 0.23% 13.13 12.50 12.50 12.00
Coffee 119.95 0.55 -0.46% 121.00 122.00 120.00 120.00
Corn 371.4136 1.25 0.34% 350.0000 340.0000 330.0000 350.0000

Livestock Price Day Q1/18 Q2/18 Q3/18 Q4/18
Live Cattle 128.0250 0.63 0.49% 110.2500 104.0000 98.1000 92.5400
Beef 9.80 0.07 -0.71% 10.07 9.90 9.73 9.56
Lean Hogs 69.9500 0.00 0.00% 64.8700 58.9400 53.5600 48.6700
Feeder Cattle 146.3500 0.20 -0.14% 136.2300 129.1600 122.4500 116.1000
Poultry 3.17 0.22 -6.49% 3.50 3.35 3.21 3.08

Industrial Price Day Q1/18 Q2/18 Q3/18 Q4/18
Copper 3.1465 0.01 -0.35% 3.0600 2.9200 2.7800 2.6500
Bitumen 2,770.00 4.00 0.14% 2,258.00 2,039.50 1,842.00 1,663.75
Steel 4,158.00 31.00 0.75% 3,884.27 3,436.93 3,040.95 2,690.63
Lead 2,585.00 0.00 0.00% 2,393.82 2,243.36 2,102.10 1,970.03
Aluminum 2,147.00 9.00 0.42% 2,099.74 2,020.53 1,944.38 1,871.07
Tin 21,725.00 125.00 0.58% 19,290.49 18,546.08 17,829.76 17,141.53
Zinc 3,487.00 44.00 -1.25% 3,153.52 2,981.05 2,817.92 2,663.80
Nickel 13,879.50 0.00 0.00% 11,701.44 10,830.40 10,025.11 9,279.23
Cobalt 82,750 0.00 0.00% 71,412 67,770 64,316 61,035
Molybdenum 15,750.00 0.00 0.00% 15,223.95 14,715.23 14,223.83 13,748.18
Iron Ore 81.00 0.00 0.00% 62.10 61.40 81.08 50.40
Coal 104.60 0.00 0.00% 77.10 76.30 98.92 72.00
Lithium 137.61 1.50 -1.08% 104.00 103.00 162.84 100.00

Index Price Day Q1/18 Q2/18 Q3/18 Q4/18
S&P GSCI 2,614.93 0.00 0.00% 2,503.96 2,418.67 2,335.98 2,256.39
Baltic Dry 1,188.00 3.00 -0.25% 1,249.89 1,143.62 1,046.49 957.43
LME Index 3,402.70 0.00 0.00% 3,220.32 3,100.93 2,985.88 2,875.18
CRB Index 198.99 1.37 -0.68% 193.67 188.60 183.65 178.83

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.