Energy Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Crude Oil 91.520 95.535 100.368 105.024 109.891
Brent 104.601 108.597 113.776 118.758 123.969
Natural gas 3.1635 3.3906 3.6303 3.8659 4.1169
Gasoline 3.2802 3.3858 3.5230 3.6540 3.7899
Heating Oil 4.6517 4.8846 5.1361 5.3791 5.6339
Coal 148.85 152.00 155.83 159.45 163.15
EU Gas 81.99 84.72 90.36 95.88 101.74
UK Gas 204.0641 211.4267 226.3518 241.0254 256.6372
Ethanol 2.0125 2.0627 2.1244 2.1826 2.2423
Naphtha 870.70 900.84 938.09 973.79 1,010.79
Propane 1.01 1.03 1.06 1.09 1.12
Uranium 90.0000 91.0660 92.3580 93.5550 94.7700
Methanol 4,345.00 4,496.62 4,684.34 4,863.79 5,049.76
Coking Coal 270.00 275.78 282.85 289.49 296.30
LNG JKM 25.98 27.10 28.50 29.85 31.27
Urals Oil 118.23 136.43 145.60 154.59 164.12
German Gas 79.27 83.29 88.36 93.29 98.49

Metals Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Gold 4,183.38 4,285.19 4,396.85 4,501.70 4,609.48
Silver 60.852 63.816 67.600 71.272 75.151
Copper 6.6849 6.8063 6.9815 7.1461 7.3146
Steel 3,096.00 3,121.02 3,147.65 3,172.14 3,196.93
Iron Ore CNY 684.00 673.73 663.39 654.04 644.83
Lithium 115,400 125,739 129,899 133,851 137,925
Platinum 1,702.20 1,766.61 1,855.28 1,940.89 2,030.24
Aluminum Alloy 23,280.00 23,566.67 23,896.01 24,201.18 24,511.00
Cobalt Hydroxide 34,193.66 33,636.00 32,979.79 32,391.65 31,810.36
HRC Steel 1,317.98 1,328.43 1,343.33 1,357.14 1,371.09
Scrap Aluminum 2,660.98 2,685.82 2,707.87 2,728.14 2,748.42
Iron Ore 90.68 89.87 88.91 88.04 87.18
Silicon 8,685.00 8,512.67 8,357.12 8,216.21 8,078.75
Scrap Steel 394.50 398.85 404.09 408.98 413.95
Titanium 43.50 43.26 42.97 42.71 42.45

Agricultural Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Soybeans 1,283.81 1,309.32 1,329.98 1,349.24 1,368.88
Wheat 668.86 684.62 701.54 717.50 733.73
Lumber 533.00 523.84 513.62 504.47 495.41
Cheese 1.4950 1.4695 1.4336 1.4015 1.3702
Palm Oil 4,592.00 4,658.10 4,738.03 4,813.33 4,889.10
Milk 14.97 14.73 14.44 14.18 13.92
Sugar 20.25 20.68 21.18 21.65 22.13
Rice 16.9400 17.2870 17.6726 18.0357 18.4057
Canola 816.70 829.75 845.29 859.84 874.62
Cotton 80.219 81.723 83.349 84.876 86.428
Rubber 259.00 263.39 268.71 273.71 278.81
Orange Juice 148.70 139.42 131.33 124.31 117.67
Coffee 286.95 276.26 265.95 256.82 248.01
Oat 413.1181 444.2194 458.9167 472.8783 487.2722
Wool 1,820.00 1,841.06 1,866.59 1,890.25 1,914.28
Cocoa 5,665.00 5,421.43 5,137.50 4,890.29 4,654.99
Tea 200.61 210.83 223.66 236.16 249.38
Barley 3,305.50 3,397.66 3,510.77 3,618.20 3,728.93
Rapeseed 555.75 562.26 570.42 577.97 585.70
Sunflower Oil 1,530.50 1,540.12 1,551.62 1,562.33 1,573.20
Butter 4,175.00 4,074.58 3,957.48 3,853.11 3,751.24
Corn 480.9252 488.2051 497.5578 506.3029 515.2402

Livestock Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Feeder Cattle 343.8500 338.9792 333.3587 328.3057 323.3215
Live Cattle 224.9750 221.7556 218.4010 215.3689 212.3593
Lean Hogs 75.0500 73.4314 71.4226 69.6340 67.8830
Beef 377.80 379.69 381.96 384.07 386.19
Poultry 8.39 8.48 8.59 8.70 8.80
Eggs US 0.43 0.39 0.34 0.30 0.27
Eggs CH 3,675.00 3,764.07 3,873.08 3,975.98 4,081.82
Salmon 75.31 81.66 89.91 98.23 107.32

Industrial Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Bitumen 4,613.00 4,878.86 5,034.74 5,182.06 5,334.12
Cobalt 39,245 38,687 38,028 37,436 36,851
Lead 1,886.48 1,872.48 1,852.09 1,833.58 1,815.25
Aluminum 3,040.90 3,104.37 3,163.51 3,218.82 3,275.35
Tin 51,447 52,809 54,735 56,569 58,465
Zinc 3,796.45 3,859.05 3,928.90 3,993.91 4,060.44
Nickel 15,590 15,950 16,306 16,641 16,982
Molybdenum 620.50 625.02 630.49 635.52 640.60
Palladium 1,155.00 1,099.71 1,042.25 992.22 944.61
Rhodium 9,050 9,155 9,344 9,520 9,700
Phosphorus 1,021.00 1,018.12 1,014.67 1,011.50 1,008.44
Polyethylene 8,781.00 8,963.41 9,185.80 9,395.67 9,609.93
Polyvinyl 4,945.00 5,025.65 5,123.51 5,215.49 5,308.46
Polypropylene 9,284.00 9,510.69 9,788.12 10,050.86 10,320.09
Synthetic Rubber 16,633.33 16,904.60 17,233.79 17,543.17 17,855.88
Soda Ash 1,050.00 1,043.78 1,036.35 1,029.63 1,023.02
Neodymium 947,500 963,902 983,884 1,002,550 1,021,595
Styrene 11,520.00 11,839.08 12,230.78 12,602.88 12,986.50
Sulfur 7,392.33 7,608.53 7,874.31 8,127.13 8,388.08
Tellurium 798.50 803.74 810.08 815.91 821.74
Urea 438.50 453.04 470.99 488.14 505.90
Di-ammonium 802.50 811.64 822.72 833.00 843.35
Magnesium 16,450 16,453 16,338 16,234 16,130
Gallium 1,740.00 1,757.44 1,778.45 1,798.12 1,817.78
Germanium 27,250 27,565 27,948 28,302 28,662
Manganese 28.85 28.63 28.36 28.12 27.88
Indium 5,250 5,356 5,485 5,606 5,730
Kraft Pulp 4,876.00 4,940.86 5,019.35 5,092.49 5,167.10

Index Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Baltic Dry 2,917.00 3,008.16 3,120.61 3,227.66 3,338.21
CRB Index 535.13 543.08 552.74 561.73 570.88
SSE Commodity Index 6,893.35 6,823.01 6,683.75 6,558.81 6,436.64
Commodity Index 733.13 753.11 770.77 787.31 804.23
Containerized Freight Index 3,664.11 3,772.94 3,907.04 4,034.18 4,165.73
TE Crack Spread Index 65.50 69.27 73.88 78.40 83.19
TE Grains Index 284.86 290.34 295.84 300.99 306.22
TE Metals Index 6,852.47 6,973.20 7,102.37 7,223.23 7,346.15
TE Soft Index 50.29 49.36 48.25 47.25 46.27
EU Carbon Permits 87.25 88.85 91.04 93.09 95.20
Wind Energy Index 22.23 22.61 23.06 23.49 23.93
Nuclear Energy Index 38.90 37.18 35.33 33.71 32.17
Solar Energy Index 43.74 45.54 47.44 49.25 51.14