And Another from Trading Economics
Iron Ore Forecast 2016-2020
Iron Ore is expected to trade at 80.20 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 77.80 in 12 months time.
Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit1 Commodity 62.5 80.2 79.4 78.6 77.8 64.8 USD/MT
Iron Ore Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Iron Ore using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Iron Ore - was last predicted on Monday, May 22, 2017.
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