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 Q4/18 Q1/19 Q2/19 Q3/19
Crude Oil 59.0470 1.20 -1.99% 69.8700 66.1900 62.7100 59.4100
Brent 69.2034 1.03 -1.47% 73.8612 70.0119 66.3652 62.9056
Natural gas 3.9152 0.19 5.08% 2.6281 2.3970 2.1864 1.9942
Gasoline 1.6159 0.00 -0.27% 1.9367 1.7695 1.6164 1.4769
Heating oil 2.1394 0.04 -1.62% 2.0522 1.9427 1.8389 1.7407
Ethanol 1.2538 0.00 -0.10% 1.3284 1.2576 1.1907 1.1275
Naphtha 532.93 2.36 -0.44% 623.00 595.29 568.82 543.46
Propane 0.75 0.00 0.59% 0.88 0.82 0.75 0.70
Uranium 29.1000 0.00 0.00% 21.3045 19.7760 18.3600 17.0427

Metals Price Day Q4/18 Q1/19 Q2/19 Q3/19
Gold 1,202.29 7.11 -0.59% 1,226.85 1,197.44 1,168.65 1,140.62
Silver 14.0280 0.14 -0.95% 15.3526 14.7050 14.0847 13.4900
Platinum 840.60 0.10 0.01% 808.86 778.70 749.63 721.65
Palladium 1,096.98 1.48 0.14% 893.18 844.43 798.32 754.67
Manganese 43.00 0.00 0.00% 36.07 34.23 32.49 30.83
Neodymium 397,500.00 0.00 0.00% 390,598.00 367,648.50 346,027.00 325,650.50
Rhodium 2,450.00 0.00 0.00% 2,160.11 2,064.74 1,973.43 1,886.20

Agricultural Price Day Q4/18 Q1/19 Q2/19 Q3/19
Soybeans 865.9955 10.00 -1.14% 815.0000 782.0000 750.0000 720.0000
Wheat 517.0142 15.50 3.09% 520.0000 480.0000 450.0000 400.0000
Cotton 76.38 1.71 -2.19% 80.00 78.00 75.00 76.73
Rice 10.6124 0.02 0.14% 11.0000 12.0000 12.5000 12.3100
Cheese 1.4510 0.00 0.28% 1.5500 1.4900 1.4300 1.3800
Palm Oil 1,865.00 15.00 -0.80% 2,400.00 2,500.00 2,300.00 2,440.00
Milk 14.51 0.05 0.35% 14.60 13.90 13.30 12.70
Orange Juice 135.45 0.15 0.11% 155.00 140.00 135.00 130.00
Coffee 110.15 3.70 -3.25% 95.00 90.00 100.00 116.30
Lumber 327.60 3.50 -1.06% 490.00 500.00 520.00 500.00
Oat 285.0000 0.00 0.00% 280.0000 250.0000 240.0000 240.0000
Wool 1,776.00 0.00 0.00% 2,100.00 1,900.00 1,950.00 1,800.00
Canola 475.30 0.60 0.13% 560.00 540.00 480.00 475.00
Tea 3.23 0.00 0.00% 3.20 3.30 3.20 3.15
Cocoa 2,209.00 41.00 -1.82% 2,350.00 2,200.00 2,500.00 2,550.00
Sugar 12.94 0.21 1.65% 11.00 12.00 13.00 12.40
Rubber 136.60 0.90 -0.65% 160.00 180.00 200.00 220.00
Corn 370.7258 0.25 0.07% 330.0000 350.0000 320.0000 320.0000

Livestock Price Day Q4/18 Q1/19 Q2/19 Q3/19
Live Cattle 114.9382 0.38 0.33% 100.0630 94.0592 88.4174 83.1055
Lean Hogs 56.6572 0.88 1.57% 74.0380 65.4730 57.8958 51.1978
Beef 10.20 0.03 0.30% 9.18 8.96 8.75 8.54
Poultry 4.46 0.08 1.83% 3.31 2.95 2.62 2.33
Feeder Cattle 148.5410 0.70 -0.47% 145.5878 138.7118 132.1720 125.9378

Industrial Price Day Q4/18 Q1/19 Q2/19 Q3/19
Copper 2.6644 0.02 -0.82% 2.7236 2.5719 2.4286 2.2933
Bitumen 3,346.00 6.00 0.18% 2,857.23 2,567.21 2,306.77 2,072.41
Steel 4,509.00 149.00 3.42% 3,559.30 3,143.40 2,776.27 2,452.26
Cobalt 51,000 0.00 0.00% 70,878 67,208 63,724 60,428
Lead 1,956.50 0.00 0.00% 2,245.71 2,114.03 1,990.22 1,873.57
Aluminum 1,954.00 36.00 -1.81% 1,984.94 1,879.50 1,779.72 1,685.18
Tin 19,150.00 175.00 -0.91% 19,068.04 18,426.78 17,807.23 17,209.38
Zinc 2,523.00 0.50 0.02% 2,700.90 2,564.66 2,435.53 2,312.66
Nickel 11,397.00 0.00 0.00% 13,256.89 12,243.54 11,309.12 10,445.04
Molybdenum 25,000.00 0.00 0.00% 24,325.00 23,667.50 23,030.00 22,407.50
Iron Ore 76.00 0.00 0.00% 62.26 57.85 53.75 49.95
Coal 106.55 1.95 1.86% 107.38 102.35 97.57 92.99
Soda Ash 1,922.86 0.00 0.00% 1,943.82 1,858.64 1,777.33 1,699.47
Lithium 122.23 1.59 -1.28% 118.96 113.76 108.79 104.04

Index Price Day Q4/18 Q1/19 Q2/19 Q3/19
LME Index 2,899.10 0.00 0.00% 3,040.42 2,929.34 2,822.37 2,719.50
S&P GSCI 2,591.71 0.00 0.00% 2,681.33 2,589.42 2,500.57 2,414.78
Baltic Dry 1,125.00 22.00 -1.92% 1,338.58 1,214.01 1,100.95 998.51
CRB Index 195.08 0.47 0.24% 197.14 192.02 187.02 182.16

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.

Commodity - Forecast - 2018-2020