Energy Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Crude Oil 99.640 99.752 106.445 110.022 113.719
Brent 112.570 112.685 119.583 123.264 127.047
Natural gas 3.0250 3.0320 3.4576 3.6966 3.9519
Gasoline 3.2501 3.2531 3.4347 3.5309 3.6297
Heating Oil 4.4955 4.5009 4.8232 4.9958 5.1748
Coal 143.85 143.94 149.52 152.42 155.40
TTF Gas 54.53 54.62 60.54 63.79 67.22
UK Gas 136.5900 136.8532 152.8306 161.6679 171.0107
Ethanol 2.0300 2.0295 2.1510 2.2154 2.2820
Naphtha 848.70 849.35 888.50 909.13 930.26
Uranium 84.0500 84.0968 86.8825 88.3281 89.8074
Propane 0.80 0.80 0.84 0.87 0.89
Methanol 3,286.00 3,288.88 3,461.14 3,552.17 3,645.49
Coking Coal 223.50 223.66 233.02 237.94 242.97
German Gas 55.45 55.54 61.09 64.11 67.30
Urals Oil 105.91 106.07 115.45 120.55 125.86

Metals Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Gold 4,495.05 4,498.30 4,692.38 4,793.97 4,898.26
Silver 69.588 69.702 76.588 80.353 84.292
Copper 5.4685 5.4744 5.8311 6.0208 6.2171
Steel 3,126.00 3,124.81 3,055.04 3,020.34 2,985.96
Lithium 158,000 158,136 166,295 170,593 175,017
Iron Ore CNY 812.00 812.43 837.82 851.14 864.54
Platinum 1,871.20 1,874.03 2,044.66 2,137.10 2,234.03
HRC Steel 1,061.00 1,061.70 1,103.65 1,125.61 1,148.00
Iron Ore 106.22 106.25 107.93 108.79 109.66
Silicon 8,560.00 8,552.70 8,127.72 7,918.86 7,716.84
Scrap Steel 409.00 409.13 416.98 421.02 425.11
Titanium 46.50 46.49 45.99 45.74 45.49

Agricultural Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Soybeans 1,159.25 1,159.78 1,191.25 1,207.59 1,224.05
Wheat 605.00 605.39 628.35 640.33 652.55
Lumber 596.00 595.51 566.92 552.91 539.26
Palm Oil 4,620.00 4,622.51 4,772.00 4,849.61 4,928.62
Cheese 1.6550 1.6536 1.5726 1.5330 1.4943
Milk 16.15 16.14 15.61 15.34 15.08
Rubber 197.80 197.92 205.10 208.86 212.67
Orange Juice 176.55 176.20 156.37 147.15 138.49
Coffee 301.70 301.39 283.18 274.34 265.77
Cotton 69.460 69.493 71.460 72.482 73.516
Rice 11.0900 11.0826 10.6531 10.4412 10.2327
Canola 720.50 720.93 746.37 759.70 773.17
Oat 341.5000 341.2075 324.1860 315.8534 307.7257
Wool 1,724.00 1,724.84 1,774.69 1,800.55 1,826.92
Sugar 15.76 15.75 15.14 14.84 14.55
Cocoa 3,165.00 3,160.40 2,895.03 2,768.74 2,648.16
Tea 150.30 158.11 203.16 230.81 262.23
Sunflower Oil 1,604.70 1,605.10 1,628.61 1,640.65 1,652.68
Rapeseed 500.25 499.96 483.19 474.89 466.73
Barley 2,113.50 2,114.27 2,159.79 2,183.46 2,207.13
Butter 4,213.00 4,210.01 4,035.63 3,949.69 3,865.43
Potatoes 2.30 2.29 1.83 1.64 1.46
Corn 462.0000 462.2449 476.8302 484.4070 492.0762

Livestock Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Feeder Cattle 361.4500 361.6295 372.2935 377.8598 383.4623
Live Cattle 238.5000 238.6169 245.5596 249.1848 252.8339
Lean Hogs 90.7750 90.8516 95.4227 97.8373 100.3155
Beef 355.45 355.54 360.60 363.20 365.79
Poultry 6.95 6.95 6.79 6.71 6.63
Eggs US 1.17 1.16 0.99 0.91 0.84
Eggs CH 3,507.00 3,510.62 3,727.94 3,843.32 3,962.56
Salmon 72.52 72.29 59.46 53.84 48.76

Industrial Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Bitumen 4,564.00 4,567.23 4,759.34 4,860.66 4,963.35
Cobalt 56,290 56,311 57,534 58,170 58,806
Lead 1,903.83 1,903.15 1,863.28 1,843.29 1,823.68
Aluminum 3,275.20 3,276.80 3,372.15 3,421.93 3,472.04
Tin 44,125 44,173 47,077 48,626 50,223
Zinc 3,118.55 3,120.18 3,217.10 3,267.62 3,319.07
Nickel 17,215 17,227 17,924 18,291 18,663
Molybdenum 535.00 535.30 553.03 562.23 571.65
Palladium 1,406.00 1,408.17 1,538.87 1,610.01 1,684.39
Rhodium 10,800 10,808 11,265 11,505 11,750
Phosphorus 1,025.00 1,024.96 1,022.54 1,021.31 1,020.08
Polyethylene 8,801.00 8,804.25 9,056.96 9,188.08 9,321.84
Polyvinyl 5,614.00 5,615.84 5,784.76 5,872.88 5,962.13
Polypropylene 9,229.00 9,212.85 9,500.81 9,651.83 9,803.76
Synthetic Rubber 18,133.33 18,141.97 18,655.57 18,922.13 19,192.32
Soda Ash 1,212.00 1,211.59 1,187.40 1,175.28 1,163.28
Neodymium 975,000 975,682 1,016,340 1,037,693 1,059,533
Sulfur 5,543.33 5,546.80 5,753.98 5,862.07 5,971.83
Tellurium 775.00 775.24 789.65 797.09 804.53
Urea 687.50 688.32 737.62 764.02 791.38
Di-ammonium 692.50 692.83 712.58 722.83 733.29
Magnesium 18,000 18,006 18,344 18,518 18,693
Gallium 2,125.00 2,126.37 2,208.30 2,251.01 2,294.79
Germanium 16,000 16,004 16,211 16,318 16,427
Manganese 36.95 36.96 37.36 37.57 37.79
Indium 4,350 4,357 4,787 5,021 5,267
Kraft Pulp 5,174.00 5,171.09 5,000.67 4,916.33 4,833.03

Index Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Baltic Dry 2,031.00 2,033.82 2,203.43 2,295.23 2,390.69
CRB Index 466.41 466.63 479.93 486.84 493.88
GSCI 739.23 739.63 763.11 775.31 787.73
SSE Commodity Index 7,465.90 7,462.57 7,267.31 7,169.51 7,073.94
World Container Index 2,279.00 2,286.22 2,732.52 2,992.10 3,276.52
Containerized Freight Index 1,706.95 1,829.29 1,981.49 2,063.70 2,149.37
EU Carbon Permits 71.67 71.73 75.08 76.84 78.65
Wind Energy Index 23.56 23.58 24.48 24.96 25.44
Nuclear Energy Index 46.70 46.77 50.85 53.07 55.37
Solar Energy Index 54.02 54.09 58.10 60.26 62.50