Energy Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Crude Oil 89.868 95.282 99.738 104.357 109.195
Brent 101.609 106.598 111.228 116.013 121.003
Natural gas 3.1716 3.2292 3.4405 3.6629 3.9000
Gasoline 3.3657 3.4300 3.5545 3.6821 3.8142
Heating Oil 4.7304 4.7103 4.9341 5.1659 5.4090
Coal 152.20 152.35 155.91 159.51 163.20
EU Gas 76.47 79.28 84.19 89.35 94.81
UK Gas 189.4429 200.1720 213.3054 227.1496 241.8966
Ethanol 2.0350 2.0759 2.1347 2.1945 2.2559
Naphtha 828.19 856.55 889.43 923.28 958.36
Propane 0.92 0.94 0.97 0.99 1.02
Uranium 89.8500 91.1241 92.3427 93.5570 94.7983
Methanol 3,850.00 3,995.44 4,149.92 4,308.15 4,472.93
Coking Coal 264.00 268.57 274.92 281.37 287.94
LNG JKM 25.88 26.91 28.19 29.53 30.93
Urals Oil 121.38 111.98 118.95 126.28 134.06
German Gas 76.67 79.94 84.45 89.15 94.11

Metals Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Gold 4,123.15 4,237.22 4,338.92 4,441.60 4,546.76
Silver 60.301 63.601 67.084 70.724 74.557
Copper 6.5799 6.6435 6.8023 6.9627 7.1269
Steel 3,109.00 3,134.21 3,160.30 3,186.10 3,212.22
Iron Ore CNY 702.50 692.64 682.69 673.00 663.44
Lithium 122,800 126,443 130,279 134,184 138,211
Platinum 1,658.70 1,777.50 1,860.31 1,946.16 2,035.75
Aluminum Alloy 23,520.00 23,822.36 24,136.22 24,449.04 24,766.56
Cobalt Hydroxide 36,596.69 36,824.64 36,192.08 35,577.83 34,971.07
HRC Steel 1,313.09 1,323.21 1,336.86 1,350.48 1,364.23
Scrap Aluminum 2,659.88 2,644.07 2,664.23 2,684.18 2,704.13
Iron Ore 91.18 90.54 89.71 88.90 88.11
Silicon 8,540.00 8,398.12 8,255.62 8,116.42 7,980.63
Scrap Steel 395.50 404.83 409.80 414.80 419.88
Titanium 43.50 43.24 42.97 42.71 42.45

Agricultural Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Soybeans 1,306.68 1,296.45 1,315.32 1,334.24 1,353.54
Wheat 702.08 698.26 714.21 730.33 746.86
Lumber 525.00 517.13 507.70 498.60 489.59
Cheese 1.4641 1.4180 1.3861 1.3552 1.3249
Palm Oil 4,527.00 4,605.86 4,679.21 4,753.59 4,828.41
Milk 15.06 14.69 14.44 14.19 13.95
Sugar 20.85 20.36 20.81 21.27 21.73
Rice 16.3450 16.6900 17.0340 17.3825 17.7359
Canola 821.80 829.29 843.63 858.07 872.75
Cotton 80.748 80.284 81.743 83.218 84.717
Rubber 260.20 260.05 264.88 269.75 274.73
Orange Juice 150.30 128.07 121.17 114.72 108.59
Coffee 306.96 278.93 269.23 259.96 251.01
Oat 432.2833 420.6036 433.6023 446.8705 460.5468
Wool 1,819.00 1,844.18 1,870.30 1,896.49 1,923.05
Cocoa 5,748.86 5,400.30 5,137.59 4,890.38 4,655.07
Tea 200.61 221.42 244.90 270.60 298.99
Barley 3,207.00 3,074.00 3,168.71 3,265.39 3,365.06
Rapeseed 559.55 543.70 550.92 558.11 565.41
Sunflower Oil 1,506.80 1,521.86 1,532.56 1,543.29 1,554.17
Butter 4,175.00 4,066.00 3,957.48 3,853.11 3,751.24
Corn 505.6421 506.2162 515.0219 523.8819 532.8912

Livestock Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Feeder Cattle 340.5000 329.5621 324.4524 319.5000 314.6144
Live Cattle 221.2250 215.8418 212.8097 209.8553 206.9227
Lean Hogs 77.9250 75.9421 74.0124 72.1590 70.3445
Beef 373.25 371.88 373.89 375.93 377.96
Poultry 8.33 8.44 8.54 8.65 8.75
Eggs US 0.46 0.41 0.36 0.32 0.28
Eggs CH 3,710.00 3,809.06 3,912.94 4,018.67 4,127.38
Salmon 75.31 81.53 89.17 97.43 106.46

Industrial Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Bitumen 4,568.00 4,692.22 4,822.89 4,955.37 5,091.49
Cobalt 39,245 39,744 40,369 40,999 41,641
Lead 1,879.65 1,832.31 1,813.98 1,796.03 1,778.26
Aluminum 3,131.33 3,150.80 3,206.22 3,261.98 3,318.66
Tin 54,184 56,143 58,054 60,010 62,036
Zinc 3,756.25 3,758.33 3,820.77 3,883.27 3,946.88
Nickel 15,745 15,832 16,159 16,489 16,824
Molybdenum 620.50 625.41 630.49 635.52 640.60
Palladium 1,140.50 1,116.85 1,062.64 1,011.63 963.09
Rhodium 9,000 9,269 9,446 9,623 9,803
Phosphorus 1,021.00 1,017.87 1,014.67 1,011.50 1,008.44
Polyethylene 8,204.00 8,389.78 8,583.85 8,780.74 8,981.74
Polyvinyl 4,855.00 4,941.42 5,031.24 5,122.03 5,214.27
Polypropylene 8,591.00 8,820.38 9,060.93 9,305.77 9,557.49
Synthetic Rubber 16,175.00 16,459.72 16,755.68 17,054.92 17,357.39
Soda Ash 1,050.00 1,043.25 1,036.35 1,029.63 1,023.02
Neodymium 947,500 965,396 984,074 1,002,834 1,021,974
Styrene 10,610.00 10,928.96 11,264.64 11,607.34 11,960.65
Sulfur 7,702.33 7,946.83 8,204.52 8,467.94 8,739.83
Tellurium 798.50 804.19 810.08 815.91 821.74
Urea 435.00 462.44 479.32 496.64 514.55
Di-ammonium 802.50 812.42 822.72 833.00 843.35
Magnesium 16,750 16,644 16,536 16,430 16,325
Gallium 1,740.00 1,758.93 1,778.45 1,798.12 1,817.78
Germanium 27,250 27,595 27,953 28,310 28,672
Manganese 28.85 28.61 28.36 28.12 27.88
Indium 5,250 5,365 5,485 5,606 5,730
Kraft Pulp 4,798.00 4,728.25 4,657.90 4,589.29 4,522.12

Index Price Signal Q4/26 Q1/27 Q2/27 Q3/27
Baltic Dry 3,002.00 3,256.64 3,371.51 3,489.24 3,611.07
CRB Index 533.80 537.25 546.13 555.01 564.05
SSE Commodity Index 7,100.59 6,969.99 6,838.58 6,711.48 6,587.22
Commodity Index 734.14 745.86 762.10 778.46 795.18
Containerized Freight Index 3,662.30 3,780.36 3,905.11 4,032.19 4,163.66
TE Crack Spread Index 70.52 69.22 73.43 77.85 82.52
TE Grains Index 292.76 291.93 297.04 302.17 307.40
TE Metals Index 6,860.77 6,905.44 7,024.21 7,143.74 7,265.30
TE Soft Index 52.33 49.07 48.05 47.06 46.09
EU Carbon Permits 84.44 86.32 88.29 90.30 92.35
Wind Energy Index 22.60 23.22 23.66 24.10 24.55
Nuclear Energy Index 41.62 38.09 36.32 34.65 33.06
Solar Energy Index 44.41 42.42 40.78 39.21 37.71