Learn about the key factors that influence the forecast for copper as a commodity, including demand and supply dynamics, economic and industrial growth, global trade and politics, technological advancements, and financial markets. Discover the positive outlook for copper's future, while keeping in mind the potential uncertainties and the need for monitoring evolving market conditions.

CRB Index rose to 373.34 Index Points on July 11, 2025, up 1.06% from the previous day. Over the past month, CRB Index's price has risen 0.59%, and is up 9.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. CRB Commodity Index - values, historical data, forecasts and news - updated on July of 2025.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

Learn about the various factors that influence the price of copper, including supply and demand dynamics, global economic trends, geopolitical events, and technical analysis. Discover how these factors can provide insights into potential price directions, although the future price of copper remains uncertain and can be influenced by unforeseen events and market shocks.

The global Commodity Services market is projected to reach $5,886,340 million by 2033, exhibiting a CAGR of 5.6% during the forecast period. The rising demand for commodities from various industries, coupled with the increasing urbanization and population growth, is expected to drive market growth. The growing adoption of advanced technologies, such as blockchain and IoT, is further expected to enhance the efficiency and transparency of commodity trading, contributing to the market's expansion. Key market segments include type, application, and region. Based on type, the Metals segment holds a significant market share due to the high demand for metals in various industries, including construction, automotive, and electronics. By application, the Large Enterprises segment dominates the market, as large enterprises are major consumers of commodities. Geographically, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the region's rapidly growing economies and increasing demand for commodities.

This statistic shows the revenue of the industry “commodity contracts dealing“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of commodity contracts dealing in the U.S. will amount to approximately 6.504,0 million U.S. Dollars by 2024.

Lithium had one of the lowest trade values among battery minerals worldwide in 2019 at ***** billion U.S. dollars. Due to increased investments in projects and demand for battery minerals, by 2030 lithium is expected to have a higher trade value than cobalt and platinum.

BCC Forecast: Commodity Price: Avg: Crude Oil: Brent data was reported at 63.000 USD/Barrel in 2021. This records a decrease from the previous number of 65.000 USD/Barrel for 2020. BCC Forecast: Commodity Price: Avg: Crude Oil: Brent data is updated yearly, averaging 65.500 USD/Barrel from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 112.000 USD/Barrel in 2012 and a record low of 44.000 USD/Barrel in 2016. BCC Forecast: Commodity Price: Avg: Crude Oil: Brent data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.P003: Commodity Price: Forecast: Central Bank of Chile.

BOT Forecast: YoY: Non-fuel Commodity Prices data was reported at -0.300 % in 2018. This records a decrease from the previous number of 7.000 % for 2017. BOT Forecast: YoY: Non-fuel Commodity Prices data is updated yearly, averaging -1.850 % from Dec 2011 (Median) to 2018, with 8 observations. The data reached an all-time high of 17.700 % in 2011 and a record low of -17.500 % in 2015. BOT Forecast: YoY: Non-fuel Commodity Prices data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.P016: Crude Oil, Non Fuel, Fresh Food and Metal Price: Forecast: Bank of Thailand.

Commodity Coffee Beans Market Outlook

The global commodity coffee beans market size was valued at approximately USD 102.5 billion in 2023 and is projected to reach USD 157.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.9% during the forecast period. The market's growth is attributed to increasing coffee consumption, shifting consumer preferences towards specialty coffee, and the expanding application areas in various industries. Coffee remains one of the most traded commodities worldwide, driven by an ever-growing base of coffee enthusiasts and the cultural significance of coffee consumption across different regions.

One of the primary growth factors for the commodity coffee beans market is the rising coffee consumption globally. More consumers are adopting coffee as a staple beverage, influenced by lifestyle changes, urbanization, and the proliferation of coffee culture. The entry of specialty coffee shops and the rising trend of home brewing have significantly contributed to this increase in demand. Additionally, the younger demographic, more inclined towards artisanal and high-quality coffee, is further propelling the market forward. This segment of consumers is willing to pay a premium for unique and ethically sourced coffee beans, thus driving the growth of the market.

Technological advancements in coffee cultivation and processing have also played a crucial role in enhancing the market. Innovations in agricultural practices, such as precision farming and sustainable farming techniques, have improved the yield and quality of coffee beans. Furthermore, advancements in processing technologies have enabled producers to offer a diverse range of coffee products with consistent quality. This has not only enhanced production capabilities but also opened new opportunities for product differentiation in an increasingly competitive market. The advent of blockchain technology in the supply chain has further ensured transparency and traceability, which are increasingly important to conscientious consumers.

Another significant driver of market growth is the expanding application of coffee beans beyond traditional beverages. The use of coffee in pharmaceuticals, cosmetics, and food products has widened the scope of the market. Coffee beans are known for their antioxidant properties, which have been harnessed in skincare products and dietary supplements. This diversification into new application areas is expected to sustain the market's growth momentum. Furthermore, the development of coffee-infused products, such as energy drinks and snacks, continues to capture consumer interest, thereby expanding the market further.

The rise of Coffee E Commerce Platform has significantly transformed the way consumers purchase coffee, offering unparalleled convenience and access to a wide variety of coffee products. These platforms provide coffee enthusiasts with the ability to explore and purchase specialty and artisanal coffee from around the world, right from the comfort of their homes. With detailed product descriptions, customer reviews, and the ease of comparison, consumers are empowered to make informed decisions about their coffee purchases. Furthermore, subscription services offered by these platforms ensure a steady supply of fresh coffee, catering to the growing demand for high-quality and ethically sourced beans. As the digital landscape continues to evolve, Coffee E Commerce Platforms are expected to play a pivotal role in shaping the future of the coffee market, driving growth and innovation in the industry.

The regional outlook of the commodity coffee beans market is diverse, with varying consumption patterns and growth rates across different regions. North America and Europe remain dominant markets due to their established coffee culture and high consumption rates. Meanwhile, the Asia Pacific region is emerging as a significant growth area, driven by increasing disposable incomes and the growing popularity of coffee among younger consumers. Latin America, as a major coffee-producing region, continues to play a crucial role in supplying the global market, while also experiencing growing domestic consumption. The Middle East & Africa region, although smaller in market size, is witnessing a steady rise in coffee consumption, influenced by changing consumer preferences and increasing urbanization.

Type Analysis

Overview
The March edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities to 2022-23. The report provides commodity production and export forecasts.

It also includes articles and boxes that cover: Farm performance - broadacre and dairy farms; Australia's competitiveness in the fresh produce export market; Changes to China's grain policy; The Peru FTA; Market diversity of Australian wine exports; and, Trends in Australian cotton and horticulture production.

Key Issues

Commodity production forecasts • The gross value of farm production is forecast to decline by 5 per cent to $59 billion in 2017-18, reflecting an assumed return to average seasonal conditions, before increasing by 3 per cent to $61 billion in 2018-19. ◦ The gross value of farm production nevertheless remains high. If realised, the forecast value of farm production in 2018-19 would be around 11 per cent higher than the average of $55 billion over the five years to 2016-17. ◦ The gross value of farm production is forecast to grow steadily over the outlook period to around $63 billion by 2022-23 (in 2017-18 dollars). Strong demand for livestock and some horticultural products, and improved productivity in cropping, are expected to support growth.

• The gross value of livestock production is forecast to increase by around 3 per cent to $29.6 billion in 2018-19, following a forecast increase of 2 per cent in 2017-18. ◦ The value of lamb, wool and dairy production is forecast to contribute strongly to growth in the value of livestock production in 2018-19 (as in 2017-18), driven by strong export demand (particularly from China). ◦ The value of beef and veal production is forecast to fall slightly, as a decline in export prices offsets an increase in the volume of beef produced. Despite the fall in price, returns are well above the historical average and supportive of farm profitability.

• The gross value of crop production is forecast to increase by 3 per cent to $31 billion in 2018-19, after a forecast decline of 11 per cent in 2017-18. ◦ The decline in 2017-18 follows record production of wheat, barley and canola in 2016-17 due to very favourable seasonal conditions during winter and spring. ◦ In 2018-19 the value of wheat, coarse grains and canola production is forecast to underpin growth in the value of total crop production. Wheat yields are assumed to improve (and to be around trend) following the frosts, above average temperatures and dry conditions during the winter of 2017. Area planted to coarse grains is forecast to increase due to strong global demand for feed and rotational constraints to planting pulses. Canola production is expected to increase as prices become comparatively favourable to the low coarse grain and falling pulse prices.

Commodity export forecasts • Export earnings from farm commodities are forecast to be $48.5 billion in 2018-19, slightly higher than the forecast $47 billion in 2017-18. • Export earnings for fisheries products are forecast to increase by 1 per cent in 2018-19 to $1.5 billion, after increasing by a forecast 5 per cent in 2017-18. • In 2018-19 export earnings are forecast to rise for canola (22 per cent), cotton (17 per cent), barley (12 per cent), lamb (9 per cent), wool (7 per cent), wheat (6 per cent), rock lobster (4 per cent) and live feeder/slaughter cattle (1 per cent). ◦ Forecast higher prices are a strong contributor to growth in export earnings. In Australian dollar terms, export prices of cotton (11 per cent), wheat (9 per cent), wool (4 per cent), barley (4 per cent), mutton (4 per cent), rock lobster (3 per cent), lamb (2 per cent) and cheese (1 per cent) are forecast to increase in 2018-19.

• Export earnings are forecast to decline in 2018-19 for chickpeas (54 per cent), sugar (11 per cent) and wine (2 per cent). Export earnings for beef and veal, cheese and mutton are forecast to be unchanged. ◦ The decline in export earnings for these commodities is driven by a fall in export prices. Prices for chickpeas (27 per cent), sugar (11 per cent) and wine (2 per cent) are forecast to fall due to increasing global supply and competition. Prices for beef and veal (3 per cent), live feeder/slaughter cattle (3 per cent) and canola (1 per cent) are also forecast to decline.

• In 2022-23 the value of farm exports is projected to be around $49.6 billion (in 2017-18 dollars), 8 per cent higher than the average of $46 billion over the five years to 2016-17 in real terms. ◦ The value of crop exports is projected to be $25.2 billion in 2022-23 (in 2017-18 dollars), 2.4 per cent higher than the average of $24.6 billion over the five years to 2016-17 in real terms. The value of livestock exports is projected to be $24.4 billion in 2022-23 (in 2017-18 dollars), 15 per cent higher than the average of $21 billion over the five years to 2016-17 in real terms.

Assumptions underlying this set of commodity forecasts

Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.

• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.7 per cent in 2018 and 2019. From 2020 to 2023 economic growth is assumed to average 3.6 per cent. ◦ Economic growth in Australia is assumed to be 3 per cent in 2018-19 and over the medium term to 2022-23. ◦ The Australian dollar is assumed to average US76 cents in 2018-19, slightly lower than the forecast average of US78 cents in 2017-18. It is assumed to depreciate further to US74 cents in 2019-20 and remain at that level over the outlook period.

• On the supply side, agricultural production is assumed to be consistent with average seasonal conditions in Australia and globally. ◦ Seasonal conditions have significant implications for crop yields and livestock production cycles.

This statistic shows the revenue of the industry “commodity contracts dealing“ in New York from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of commodity contracts dealing in New York will amount to approximately ******* million U.S. Dollars by 2024.

Overview The report provides updated commodity forecasts as well as articles on the EU beef industry, world biofuel policies and the South American wine industry. Key Issues Commodity forecasts • …Show full descriptionOverview The report provides updated commodity forecasts as well as articles on the EU beef industry, world biofuel policies and the South American wine industry. Key Issues Commodity forecasts • The gross value of farm production is forecast to increase by 6.1 per cent to around $60.2 billion in 2016-17, following an estimated 4.2 per cent increase to $56.7 billion in 2015-16. At this forecast level the gross value of farm production in 2016-17 would be around 16 per cent higher than the average of $52 billion over the five years to 2015-16 in nominal terms. • The gross value of livestock production is forecast to decrease by 2.2 per cent to $28.5 billion in 2016-17, following an estimated 7.7 per cent increase in 2015-16. • The gross value of crop production is forecast to increase by 14.7 per cent to $31.7 billion in 2016-17. This reflects forecast increases in the gross value of horticulture and cotton production. • Export earnings from farm commodities are forecast to increase by 6.7 per cent to $47.5 billion in 2016-17, following an estimated 1.4 per cent increase in 2015-16 to $44.6 billion. • The agricultural commodities for which export earnings are forecast to rise in 2016-17 are wheat (up 25 per cent), wool (3 per cent), sugar (23 per cent), wine (3 per cent), barley (15 per cent), cotton (56 per cent), chickpeas (74 per cent), lamb (4 per cent), canola (33 per cent) and rock lobster (6 per cent). • The forecast increases in export earnings are expected to be partly offset by forecast falls in beef and veal (down 17 per cent), live feeder/slaughter cattle (17 per cent) and mutton (12 per cent). Export earnings for dairy products are expected to remain largely unchanged. • Export earnings for fisheries products are forecast to increase by 3.4 per cent to $1.6 billion in 2016-17, after increasing by an estimated 7.1 per cent in 2015-16. Economic assumptions underlying this set of commodity forecasts In preparing this set of agricultural commodity forecasts: • World economic growth is assumed to be 2.9 per cent in 2016 and 3.3 per cent in 2017. • Economic growth in Australia is assumed to average 2.5 per cent in 2016-17. • The Australian dollar is assumed to average US75 cents in 2016-17, slightly higher than the average of US73 cents in 2015-16. Articles on agricultural issues The EU beef industry • The European Union is one of the world's largest consumers and importers of beef. Access to the EU market is controlled by strict animal health requirements and various quotas, which limit the amount of beef that can be imported. • As the European Union is a high value market for beef, improved access for Australia from a free trade agreement would likely lead to increased exports to this market. Oils ain't oils • Biofuel policies in some of the world's largest biofuel producing economies have the potential to affect returns to Australian agricultural exports such as canola, sugar and coarse grains. • This article looks at recent developments in the world's leading biofuel producers and consumers (the United States, European Union and Brazil) and discusses the expected impact on world commodity prices in 2016-17 and the high-level implications for agricultural commodities in the medium term. South American wine industry • South America is a major world producer and exporter of wine, accounting for almost 14 per cent of world production. Wine exports from South America have increased markedly in the past 15 years and its wine increasingly competes in Australia's major and emerging export markets. • This article focuses on the development of the Argentine and Chilean wine industries, with a focus on their competitiveness with Australian wine exports.

Gold rose to 3,354.76 USD/t.oz on July 11, 2025, up 0.92% from the previous day. Over the past month, Gold's price has fallen 0.92%, but it is still 39.14% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold - values, historical data, forecasts and news - updated on July of 2025.

This statistic shows the revenue of the industry “commodity contracts brokerage“ in California from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of commodity contracts brokerage in California will amount to approximately ***** million U.S. Dollars by 2024.

The global commodity liners market size is expected to be valued at US$ 4.3 Billion in 2022. It is projected to exhibit growth at a CAGR of 9.0% and reach US$ 7.2 Billion in the forecast period from 2022 to 2032. The increasing need to safely transport gas, oil, chemicals, and agricultural products in bulk is anticipated to drive the demand for commodity liners in the near future.

Scope Of Report

Palm Oil fell to 4,054 MYR/T on July 7, 2025, down 0.20% from the previous day. Over the past month, Palm Oil's price has risen 3.29%, and is up 0.35% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on July of 2025.

The market for Commodity Hedging Solutions is projected to reach a value of USD XX million by 2033, exhibiting a CAGR of XX% during the forecast period of 2025-2033. This growth can be attributed to the increasing volatility in commodity prices, which is driving businesses to seek ways to mitigate their exposure to price fluctuations. Other factors contributing to the market's expansion include the growing demand for sophisticated risk management solutions, advancements in technology, and the increasing adoption of hedging strategies by various industries. Key market trends include the adoption of cloud-based solutions, the integration of artificial intelligence (AI) and machine learning (ML) into hedging solutions, and the growing popularity of dynamic hedging strategies. The market is segmented into software, service, and other types, as well as oil and gas, metal, agricultural products, and other application segments. North America, Europe, and Asia Pacific are the major regional markets for Commodity Hedging Solutions. The market is dominated by a number of established players, including DBS Corporate Banking, Marex, CIC Market Solutions, and CIMB.

Overview
The March edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities to 2021-22. The outlook will be an important focal point at the conference and underpin many presentations delivered by ABARES speakers at the conference. The report provides updated commodity forecasts, as well as articles on the EU sheep meat industry; farm performance of broadacre and dairy farms; productivity in Australia's broadacre and dairy industries; and disaggregating farm performance by size.

Key Issues Commodity forecasts
• The gross value of farm production is forecast to increase by 8.3 per cent to a record $63.8 billion in 2016-17 before easing by 3.9 per cent to a forecast $61.3 billion in 2017-18. Despite the forecast decline, the gross value of farm production in 2017-18 would be 17.3 per cent higher than the average of $52.3 billion over the five years to 2015-16 in nominal terms. • The gross value of livestock production is forecast to increase by around 4.4 per cent to $31.2 billion in 2017-18, following a forecast decrease of 2.6 per cent in 2016-17. If this forecast is realised, the gross value of livestock production in 2017-18 would be around 28 per cent higher than the average of $24.4 billion over the five years to 2015-16 in nominal terms. • The gross value of crop production is forecast to decrease by 11.3 per cent to $30 billion in 2017-18, after a forecast increase of 20.2 per cent in 2016-17. The decrease follows record production of wheat and barley in 2016-17, which resulted from favourable seasonal conditions during winter and spring. If this forecast is realised, the gross value of crop production in 2017-18 would be around 8 per cent higher than the average of $27.9 billion over the five years to 2015-16 in nominal terms. • In 2021-22 the gross value of farm production is projected to be around $59.6 billion (in 2016-17 dollars), 8.6 per cent higher than the average of $54.9 billion over the five years to 2015-16 (also in 2016-17 dollars). In 2021-22 the gross value of crop production is projected to be around $29.0 billion and the gross value of livestock production is projected to be around $30.6 billion (in 2016-17 dollars). • Export earnings from farm commodities are forecast to be around $48.7 billion in 2017-18, higher than the forecast $47.7 billion in 2016-17. • The agricultural commodities for which export earnings are forecast to rise in 2017-18 are beef and veal (up 1 per cent), wool (10 per cent), dairy products (11 per cent), sugar (10 per cent), cotton (35 per cent), wine (5 per cent), lamb (3 per cent), live feeder/slaughter cattle (4 per cent), rock lobster (6 per cent) and mutton (1 per cent). • Forecast increases in 2017-18 are expected to be partly offset by expected declines in export earnings for wheat (down 9 per cent), coarse grains (11 per cent), canola (6 per cent) and chickpeas (42 per cent). • In Australian dollar terms, export prices of wool, dairy products, sugar, wine, lamb, barley, canola, rock lobster and mutton are forecast to increase in 2017-18. Export prices for cotton and chickpeas are forecast to fall. Prices for beef and veal, wheat and live feeder/slaughter cattle are forecast to remain around the same as in 2016-17. • In 2021-22 the value of farm exports is projected to be around $46.6 billion (in 2016-17 dollars), 8 per cent higher than the average of $43.1 billion over the five years to 2015-16 in real terms. • The value of crop exports is projected to be $24.9 billion (in 2016-17 dollars) in 2021-22, 7 per cent higher than the average of $23.2 billion over the five years to 2015-16 in real terms. The value of livestock exports is projected to be $21.8 billion (in 2016-17 dollars) in 2021-22, 10 per cent higher than the average of $19.8 billion over the five years to 2015-16 in real terms. • Export earnings for fisheries products are forecast to increase by 2.3 per cent in 2017-18 to $1.5 billion, after decreasing by a forecast 3.4 per cent in 2016-17.

Economic assumptions underlying this set of commodity forecasts

In preparing this set of agricultural commodity forecasts: • World economic growth is assumed to be 3.3 per cent in 2017 and 3.4 per cent in 2018. Growth is expected to rise further to around 3.5 per cent in 2019 before declining to 3.4 per cent in 2021 and 3.3 per cent in 2022. • Economic growth in Australia is assumed to average 2.8 per cent in 2017-18. Over the medium term to 2021-22, economic growth is assumed to average around 3 per cent. • The Australian dollar is assumed to average US73 cents in 2017-18, slightly lower than the forecast average of US75 cents in 2016-17. It is assumed to appreciate slightly over the medium term, reaching US74 cents towards 2021-22.

Articles on agricultural issues
The EU sheep meat industry
• The European Union is one of the world's largest consumers of sheep meat. Imports are controlled by import quotas and prohibitive out-of-quota tariffs. • Australia is the second largest exporter to the European Union, behind New Zealand, although its allocated quota is just 8 per cent that of New Zealand's. • As a high value market for sheep meat, expanding sheep meat exports to the European Union would benefit the Australian industry. However, until the trade outcomes of Brexit are known, opportunities for Australian sheep meat exporters are uncertain.

Farm performance: broadacre and dairy farms, 2014-15 to 2016-17
• In 2016-17 farm cash income for Australian broadacre farms is projected to average $216,000 a farm, the highest recorded in the past 20 years. • Record broadacre farm cash incomes this year are the result of near record winter grain production in most regions and good prices for beef cattle, sheep, lamb and wool. • Average farm cash income is projected to increase for broadacre farms in all states except Tasmania in 2016-17. • Farm cash income for dairy farms is projected to decline by 17 per cent nationally to an average of $105,000 a farm in 2016-17, reflecting lower average farmgate milk prices and reduced milk production.

Productivity in Australia's broadacre and dairy industries
• From 1977-78 to 2014-15, productivity in the broadacre industries averaged 1.1 per cent a year as a result of declining input use (down 1 per cent a year) and modest output growth (up 0.1 per cent a year). • In the dairy industry, productivity growth averaged 1.5 per cent a year between 1978-79 and 2014-15. This reflected average annual growth of 1.3 per cent in output and an average annual decline of 0.2 per cent in input use.

Disaggregating farm performance by size
• The largest 10 per cent of broadacre farms produced 46 per cent of total output, while the smallest 50 per cent of farms produced 12 per cent of total output. • The average rate of return, including capital appreciation, generated by the largest 10 per cent of broadacre farms was 8.2 per cent, while the smallest 10 per cent generated average returns of -2.8 per cent. • The largest 10 per cent of broadacre farms had the lowest average equity ratio of all farms (79 per cent), while the smallest 10 per cent of farms had the highest average equity ratio (97 per cent).