1/8/2015

Global Forecasting Service - Individual

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EIU Global Forecasting Service

Individual commodity price forecasts
December 15th 2014
Individual commodity price forecasts
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Aluminium (US$/tonne)
2,171.92,397.42,017.61,846.31,873.32,153.82,250.02,350.02,400.02,425.0
Barley (US$/tonne)
193.2 252.7 293.1 246.6 161.0 150.0 175.0 200.0 220.0 230.0
Coal (US$/tonne, Australia) 99.0 121.4 96.4 84.6 70.1 66.7 72.2 75.0 79.0 80.0
Cocoa (US cents/lb)
142.1 135.2 108.5 110.6 139.4 135.5 133.8 130.0 125.0 122.0
Coffee (Arabica) (US
196.0 271.1 186.5 139.5 201.6 203.3 202.5 200.0 185.0 200.0
cents/lb)
Coffee (Robusta) (US
77.0 109.2 102.8 94.2 100.7 106.0 108.5 120.0 130.0 145.0
cents/lb)
Copper (US cents/lb)
341.7 399.7 360.5 332.3 311.4 317.5 326.8 330.0 332.0 340.0
Cotton (US cents/lb)
103.6 151.0 89.2 90.4 82.8 69.5 68.3 70.0 72.5 75.0
Gold (US$/troy oz)
1,224.61,570.61,668.51,412.31,264.61,207.51,270.01,320.01,330.01,340.1
Iron ore (US$/dry metric
145.9 164.1 128.5 135.4 95.0 70.0 75.0 80.0 90.0 95.0
tonne unit)
Lead (US cents/lb)
97.3 108.8 93.4 97.1 95.9 103.4 109.4 115.0 125.0 130.0
Liquefied natural gas
10.8 14.7 16.6 16.0 15.8 13.3 14.0 13.5 13.0 12.5
(US$/mBtu, Japan)
Maize (US$/tonne)
194.8 293.9 300.0 264.4 203.9 181.3 186.3 200.0 215.0 220.0
Natural gas (US$/mBtu,
8.29 10.52 11.47 11.79 10.14 10.36 10.72 11.05 10.00 9.75
Europe)
Natural gas (US$/mBtu, US) 4.39 4.00 2.75 3.73 4.48 4.17 4.40 4.75 5.20 5.40
Nickel (US$/lb)
9.9
10.4 7.9
6.8
7.7
9.2
10.4 10.2 10.5 10.8
Oil: Brent (US$/b)
79.6 110.9 112.0 108.9 99.4 80.3 84.0 88.1 93.8 92.4
Oil: OPEC reference price
77.4 107.4 108.2 105.9 96.9 77.4 81.0 85.0 90.4 89.1
(US$/b)
Oil: WTI (US$/b)
79.4 95.1 94.2 97.9 93.0 70.2 76.4 80.6 85.3 85.9
Palladium (US$/troy oz,
530.7 737.9 648.4 729.3 805.6 685.0 700.0 690.0 725.0 770.0
London)
Palm oil (US$/tonne)
901.0 1,125.4999.3 856.9 824.8 716.0 674.5 680.0 720.0 720.0
Platinum (US$/troy oz)
1,610.11,720.61,551.01,487.41,389.01,462.51,700.01,750.01,800.01,850.0
Rapeseed oil (US$/tonne) 1,013.01,368.31,239.81,079.3909.3 820.1 772.8 775.0 800.0 850.0
Rice (US$/tonne)
507.8 558.8 572.0 489.5 423.8 397.5 391.3 400.0 415.0 420.0
Rubber (US$/tonne)
3,878.05,168.33,725.83,110.52,216.72,373.62,626.62,750.03,000.03,250.0
Silver (US cents/troy oz)
2,015.33,522.43,113.72,385.01,895.31,616.71,700.41,728.51,606.71,493.4
Sorghum (US$/tonne)
165.4 268.7 271.9 243.3 200.0 185.0 200.0 215.0 220.0 235.0
Soybean oil (US$/tonne)
1,004.61,299.31,226.31,056.7896.7 794.5 801.4 794.5 898.7 926.5
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Global Forecasting Service - Individual

Soybeans (US$/tonne)
416.5 510.3 570.0 556.5 500.8 428.8 432.5 430.0 485.0 500.0
Soymeal (US$/tonne)
378.4 398.0 524.1 545.3 521.0 452.6 456.6 452.6 512.0 516.0
Steel (US$/tonne)
646.7 749.6 663.3 614.6 580.4 608.8 642.5 645.0 665.0 670.0
Sugar (US cents/lb)
21.1 26.0 21.6 17.7 17.1 17.6 18.6 19.8 20.2 21.0
Sunflowerseed oil
1,074.41,360.31,262.81,124.0903.4 886.4 924.3 950.0 1,000.01,100.0
(US$/tonne)
Tea (US$/kg)
2.9
2.9
2.9
2.9
2.8
2.9
2.9
2.9
2.9
2.8
Tin (US$/lb)
9.3
11.8 9.6
10.1 10.0 9.9
11.1 10.8 11.3 11.8
Wheat (US$/tonne)
242.8 329.0 327.5 321.5 302.5 282.5 290.0 310.0 312.0 320.0
Wool (Aus cents/kg)
917.3 1,279.8925.0 1,063.01,084.31,097.31,108.21,119.31,130.51,141.8
Zinc (US cents/lb)
97.9 99.4 88.3 86.6 98.5 110.5 113.9 120.0 125.0 128.0
Source: The Economist Intelligence Unit.
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