Q4 2017 Winners and Losers and a Look Ahead to Q1 | CQG News
Summary
Cotton appreciated by 13.82% on a pair of bullish WASDE reports, while palladium continued to forge higher moving 13.45% to the upside in Q4. The only sector that suffered a loss in Q4 was grain where prices moved to the downside on the back of the fifth straight year of bumper crops and record inventory levels. March copper futures rose to a high of $3.3220 per pound at the end of the year and settled 2017 just above the $3.30 level, which is the highest price since 2014. It was a rough start to the final month of the year for gold as it fell to a low of $1236.50 on the continuous COMEX futures contract in mid-December. Finally, as the monthly chart of NYMEX crude oil shows, the energy commodity finished 2017 on the highs and settled above $60 per barrel at the end of the year for the first time since 2013.
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