Commodity Market 2017 Predictions (Product wise)
Gold, Silver, Copper and Steel
No major rise is predicted in the prices of Gold, Silver, Copper and Steel in the year 2017. Though, slight fluctuations are possible which will keep the market for these products going during this period.
Surge Period- - Severe fluctuations can be expected in the prices of gold, silver and copper during the periods from 06th of February to 16th of February, 1st of April to 10th of April and from 23rd of May to 31st of May. Hike in the prices of metals such as gold, silver, copper and steel can be expected during 4th, 6th, 9th and 12th of September. A major hike in the prices of gold and a slight increase in the prices of silver will be observed during the periods of 21st of July to 02nd of August and from 12th of August to 08th of September. No significant changes can be expected in the prices of Copper during this period. From 15th of September to 09th of October will be a period marking a significant rise in the prices of silver and copper prices. A minor upsurge in the prices of silver, gold and copper is predicted from the 13th of October to 29th of November. A severe escalation in the prices of gold will be seen in the prices of gold during 17th of October to 16th of November.
Specific surge periods
The price of gold is expected to rise from 27th of April to 21st of May and from 05th of July to 17th of July. From 01st of March to 12th of April, 10th of April to 4th of May, 13th of August to 05th of September, 03rd of December to 23rd of December and from 29th of November till year end will prove to be time periods showcasing a hike in the prices of silver. Exceptional breakthrough in the prices of gold and silver will be noticed from 16th of July to 15th of August and from 27th of August to 15th of September.
Decline Period - Slight decline in the price of Silver can be expected during the period between 14th of March to the 13th of April in the year 2017. In all, the period from the 27th of March to the 03rd of June doesn’t seem very well for the Silver and Copper traders. For those interested in making investments related to Gold, a period of rejoice can be expected between 06th of April to the 26th of August. Though, a major dip in the price of Gold can be expected in the months of May, July and first week of August. The period from 10th of June to the 17th of June is predicted for a major decline in Silver and Copper prices. The duration from the 18th June to the 02nd of July will indicate a minor drop-off in the prices of Gold. Traders of Gold and Copper can expect a dim period from the 04th of July to the 10th of July. Metal traders, in general, can expect a cold period from the 12th of August to the 21st of August this year. The durations from 15th of September to the 09th of October and from 16th of September to the 16th of November might exhibit a dull period for those associated with the Silver metal. The price of Silver and Copper will experience a slight impact in the period from 26th of September to the 13th of October, experiencing a major drop during October. From 02nd of November to the 26th of November can be expected to be a majorly muddy period for those in Silver and/ or Copper business. A decline in Gold prices can be expected close to the 06th of November. Also, from the 19th of November to the 29th of the same month are expected to be dull for Gold traders. A major decline is predicted in the entire commodity sector during the period from the 29th of August to the 18th of December in the year 2017. A decline will be seen in the prices of Gold from 08th of December to the 17th of December.
Oil and Seed
The year 2017 can be predicted to be a fare time for the Oil and Seed Sector. A general upward movement will be observed in this sector during this period. Also, the market for crude oil is predicted to gain grounds in the upcoming year 2017. In particular, the months of February, July, August and December are predicted to be rewarding for the traders in oil and seed business.
Surge Period - The prices of flaxseed, castor, mustard, groundnut and sesame are expected to rise during the periods from 10th of February to the 16th of February and from the 18th of February to the 24th of February. However, minor speedbumps in this duration cannot be ruled out completely. The periods from the 26th of May to the 11th of July, especially the month of June in this period and from 13th of October to the 29th of November are predicted to conduct a good market for mustard, soybean, crude oil, flaxseed and menthol. The time period from the 21st of June to the 02nd of July can also be predicted to bring bonus price hikes for the traders of flaxseed and castor. The duration from the 29th of November till the end of the year 2017 will be a period of rejoice for the traders of flaxseed, castor, mustard and groundnut. Commodities like groundnut, flaxseed, mustard and soybean might undergo a price hike during 08th of January, 4th of May, 10th of June, 5th of September and 23rd of December and a bracket of 5 days after these dates. In the durations from the 17th of October to the 16th of November and from the 26th of November to the 20th of December, the prices of soyabean and mustard are predicted to flourish.
Decline Period- - During the period from 06th of February to the 16th of February, prices of the entire oil and seed sector is predicted to suffer from a major decline. Also, the duration from the 08th of July to the 17th of July is predicted to exhibit a downturn in the oil and seed in the year 2017. The periods from the 10th of April to the 14th of April, 13th of August to the 17th of August and from the 03rd of December to the 7th of December are expected to be showcasing a major downturn in the oil and seed industry. The duration from the 25th of June to the 28th of June doesn’t seem too well for the traders of mustard. Again, a significant decline can be expected in the industry of oil and seed might be witnessed in the oil and seed sector in the period from the 21st of August to the 15th of September. Specifically, the period from the 29th of September to the 09th of October during the period of 26th of September to the 13th of October the oil and seed sector is predicted to undergo a major deterioration. The duration from the 02nd of November to the 26th of November also doesn’t seem a rewarding one for the entire oil and seed sector.
Wheat, Millets, Pulses, Spices and Condiments: - The trade of wheat, millets, pulses, spices and condiments is expected to experience a major upsurge in the year 2017. With not much decline in the trade, major periods depicting the good trade in this sector would be January, April, September and December.
Surge Period - The dates 26th of February and the 23rd of July are expected to exhibit an uproar in the trade of wheat, millets, sugar, jeera and peppermint. The period from the 27th of April to the 07th of May might elevate the market for moong dal, urad dal, rice, wheat, jaggery, cotton, red chillies and masoor dal. The dates 13th of April, 14th of May and the 15th of June might prove to be rewarding for the traders of moong dal, urad dal, rice, wheat, jaggery, cotton, red chillies and masoor dal. The time period from the 29th of June to the 02nd of July will be particularly gainful from those trading in moong dal, wheat, jaggery and jeera. A major surge might be seen in commodities such as cotton seeds, corn, barley, ghee, jeera, millet, chana, coriander and turmeric during the period from the 05th of June to the 20th of June. While the duration between the 08th of June to the 18th of June might exhibit a hike in the prices of turmeric, barley, cotton seeds, corn, urad dal, coriander, jaggery and wheat. The 15th of December might show an exceptional upsurge in the prices of corn, jaggery, red chillies and black pepper.
Decline Period - The periods from the 10th of February to the 16th of February and from the 18th of February to the 24th of February will prove to be highly gainful for the buyers of commodities such as urad, chana, natural gas, jeera, cotton, moong and all sorts of millets. The period from the 05th of June to the 20th of June will depict a dip in the market for wheat and jaggery. Depending upon the advent of the rainy season, 16th of July will decide the fate of the dealers of rice, wheat, barley, chana, moong, corn, millet and pulses. The duration from the 13th of June to the 23rd of June and from the 18th of November to the 26th of November might exhibit a cold market for the dealers of wheat, barley, chana, moong, corn, millets and pulses. The dealers of wheat, urad, arhar, masoor, chana, rice, jaggery, cotton seeds and sugar might get less reasons to rejoice on 28th of March, 24th of May, 17th of June, 24th of June, 19th of July, 19th of August, 10th of September, 12th of October, 05th of November and the 05th of December.