Energy Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Crude Oil 66.480 67.238 70.116 72.011 73.959
Brent 71.760 72.514 75.377 77.257 79.180
Natural gas 3.0470 3.1367 3.4867 3.7295 3.9894
Gasoline 1.9938 2.0147 2.0939 2.1459 2.1992
Heating Oil 2.5829 2.6149 2.7366 2.8167 2.8993
Coal 116.15 116.87 119.59 121.35 123.13
TTF Gas 31.55 32.09 34.18 35.58 37.04
UK Gas 77.9502 79.3029 84.4902 87.9590 91.5759
Ethanol 1.7200 1.7412 1.8220 1.8751 1.9298
Naphtha 564.50 568.86 585.33 596.05 606.95
Uranium 89.4000 90.0341 92.4307 93.9862 95.5597
Propane 0.64 0.65 0.68 0.70 0.71
Methanol 2,159.00 2,177.87 2,249.25 2,295.88 2,343.38
Coking Coal 221.00 222.78 229.53 233.91 238.37
German Gas 33.29 33.78 35.65 36.90 38.19
Urals Oil 58.58 59.37 62.39 64.39 66.45

Metals Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Gold 5,109.17 5,152.96 5,318.65 5,426.45 5,536.81
Silver 82.343 83.960 90.182 94.373 98.762
Copper 5.8390 5.9196 6.2273 6.4305 6.6413
Steel 3,056.00 3,040.90 2,984.80 2,949.96 2,915.42
Lithium 143,750 145,122 150,319 153,712 157,191
Iron Ore CNY 746.00 740.96 722.35 710.79 699.38
Platinum 2,176.00 2,214.96 2,364.44 2,464.76 2,569.20
HRC Steel 987.00 996.67 1,033.29 1,057.27 1,081.85
Iron Ore 99.33 98.94 97.49 96.59 95.68
Silicon 8,330.00 8,242.07 7,918.50 7,721.08 7,527.82
Scrap Steel 373.00 374.53 380.27 383.97 387.70
Titanium 45.50 45.61 46.01 46.27 46.53

Agricultural Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Soybeans 1,137.50 1,143.74 1,167.30 1,182.43 1,197.79
Wheat 573.00 568.55 552.09 541.94 531.97
Lumber 576.50 570.41 548.02 534.36 520.98
Palm Oil 4,123.00 4,093.41 3,984.05 3,916.44 3,849.65
Cheese 1.5870 1.5712 1.5130 1.4773 1.4424
Milk 15.02 14.91 14.52 14.28 14.04
Rubber 192.70 191.24 185.82 182.49 179.19
Orange Juice 169.95 165.77 150.75 141.98 133.70
Coffee 285.35 281.53 267.54 259.07 250.85
Cotton 65.517 65.050 63.323 62.255 61.200
Rice 10.1400 10.0578 9.7547 9.5671 9.3836
Canola 686.70 692.53 714.58 728.93 743.63
Oat 330.0000 326.4888 313.5660 305.6790 297.9570
Wool 1,693.00 1,703.29 1,742.10 1,767.15 1,792.72
Sugar 13.86 13.74 13.29 13.01 12.74
Cocoa 3,178.00 3,118.02 2,900.24 2,770.58 2,646.64
Tea 156.07 164.92 200.80 227.77 258.36
Sunflower Oil 1,533.10 1,537.63 1,554.56 1,565.45 1,576.49
Rapeseed 488.75 485.12 471.69 463.38 455.22
Barley 2,100.00 2,109.66 2,145.99 2,169.51 2,193.03
Butter 4,527.00 4,489.92 4,353.16 4,268.51 4,185.66
Potatoes 3.10 2.96 2.49 2.23 2.00
Corn 428.0000 425.0906 414.3468 407.6700 401.0788

Livestock Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Feeder Cattle 367.3421 369.5910 378.0685 383.5419 389.1255
Live Cattle 246.7500 248.2711 254.0045 257.7057 261.4810
Lean Hogs 93.6750 94.7073 98.6304 101.2065 103.8481
Beef 348.55 349.61 353.60 356.15 358.69
Poultry 7.31 7.27 7.14 7.05 6.97
Eggs US 0.52 0.51 0.45 0.42 0.39
Eggs CH 3,234.00 3,276.47 3,438.39 3,545.11 3,655.39
Salmon 68.58 65.25 53.71 47.54 42.07

Industrial Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Bitumen 3,280.00 3,255.90 3,166.84 3,111.74 3,057.62
Cobalt 56,290 56,758 58,530 59,684 60,861
Lead 1,969.23 1,960.42 1,927.68 1,907.20 1,887.11
Aluminum 3,101.90 3,118.79 3,182.55 3,223.49 3,265.06
Tin 45,640 46,207 48,365 49,784 51,249
Zinc 3,377.95 3,399.91 3,482.67 3,536.38 3,590.76
Nickel 17,435 17,581 18,136 18,497 18,865
Molybdenum 515.00 518.61 532.25 541.06 550.07
Palladium 1,780.00 1,813.29 1,941.27 2,027.24 2,116.95
Rhodium 10,975 11,086 11,508 11,784 12,067
Phosphorus 1,025.00 1,024.52 1,022.75 1,021.62 1,020.49
Polyethylene 6,681.00 6,651.95 6,544.04 6,476.56 6,409.75
Polyvinyl 4,919.00 4,946.83 5,051.81 5,119.20 5,188.07
Polypropylene 6,593.00 6,572.40 6,496.08 6,447.95 6,399.83
Synthetic Rubber 13,125.00 13,059.05 12,813.94 12,661.69 12,510.75
Soda Ash 1,182.00 1,176.61 1,156.59 1,144.06 1,131.77
Neodymium 1,065,000 1,073,184 1,104,086 1,124,214 1,144,662
Sulfur 3,833.33 3,866.67 3,992.80 4,075.21 4,159.16
Tellurium 760.00 763.02 774.36 781.66 788.96
Urea 465.00 471.11 494.39 509.73 525.59
Di-ammonium 627.50 631.21 645.20 654.23 663.39
Magnesium 17,400 17,468 17,725 17,891 18,056
Gallium 1,805.00 1,814.07 1,848.14 1,870.16 1,892.54
Germanium 14,500 14,461 14,314 14,223 14,132
Manganese 31.55 31.61 31.83 31.97 32.11
Indium 4,450 4,533 4,850 5,064 5,287
Kraft Pulp 5,232.00 5,195.99 5,063.01 4,980.34 4,899.24

Index Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Baltic Dry 2,043.00 2,080.61 2,225.03 2,322.07 2,423.20
CRB Index 391.84 393.98 402.03 407.21 412.46
GSCI 602.32 605.80 618.94 627.44 635.99
SSE Commodity Index 7,988.32 8,032.50 8,199.21 8,306.25 8,414.90
Containerized Freight Index 1,251.46 1,230.11 1,152.34 1,105.79 1,061.11
EU Carbon Permits 73.50 72.80 70.24 68.67 67.13
Wind Energy Index 23.50 23.68 24.37 24.81 25.27
Nuclear Energy Index 54.57 55.57 59.39 61.95 64.63
Solar Energy Index 59.76 60.68 64.20 66.54 68.97