Energy Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Crude Oil 91.480 86.622 93.221 97.437 101.840
Brent 96.280 91.716 98.240 102.383 106.706
Natural gas 2.9750 2.9751 3.3023 3.5167 3.7450
Gasoline 3.2146 3.0985 3.2794 3.3933 3.5109
Heating Oil 4.5402 4.4630 4.8085 5.0291 5.2599
Coal 148.65 140.83 146.30 149.70 153.18
EU Gas 71.96 71.53 78.81 83.55 88.57
UK Gas 178.8100 168.3197 186.4938 198.3609 211.0026
Ethanol 2.0800 2.0701 2.1724 2.2361 2.3019
Naphtha 788.59 748.00 794.60 824.01 854.45
Propane 0.80 0.77 0.80 0.82 0.85
Uranium 89.5000 90.2633 92.3478 93.6237 94.9175
Methanol 3,293.00 2,909.80 3,077.24 3,182.25 3,291.29
Coking Coal 275.00 272.06 282.50 288.98 295.60
LNG JKM 24.09 23.53 25.38 26.55 27.78
German Gas 73.20 69.25 75.61 79.71 84.04
Urals Oil 86.70 79.55 87.66 92.94 98.53

Metals Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Gold 4,432.56 4,464.62 4,639.61 4,748.59 4,859.34
Silver 65.990 67.488 73.625 77.583 81.760
Copper 6.5970 6.6412 6.9015 7.0636 7.2284
Steel 3,131.00 3,131.85 3,176.40 3,203.26 3,230.43
Lithium 152,000 160,053 167,962 172,892 177,980
Iron Ore CNY 727.00 723.53 706.35 696.25 686.29
Platinum 1,826.00 1,830.24 1,972.22 2,062.90 2,157.89
Scrap Aluminum 2,559.57 2,514.11 2,546.13 2,565.44 2,584.75
Iron Ore 99.57 95.57 94.24 93.44 92.66
Silicon 8,780.00 8,814.02 9,086.75 9,254.94 9,426.64
Scrap Steel 394.00 385.51 393.10 397.75 402.43
Titanium 43.50 43.41 42.99 42.73 42.48
HRC Steel 1,238.00 1,189.11 1,209.38 1,221.70 1,234.15
Aluminum Alloy 23,615.00 23,448.85 23,947.76 24,251.31 24,559.53
Cobalt Hydroxide 41,975.96 44,912.84 46,228.60 47,036.81 47,862.88

Agricultural Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Soybeans 1,293.75 1,275.84 1,305.93 1,324.34 1,343.01
Wheat 716.00 750.00 778.17 795.59 813.45
Lumber 568.50 572.37 591.74 603.68 615.90
Palm Oil 4,929.00 4,652.22 4,774.24 4,849.22 4,925.58
Cheese 1.5780 1.6186 1.5572 1.5217 1.4867
Milk 16.18 16.55 16.08 15.80 15.53
Rubber 232.70 241.76 248.65 252.88 257.18
Orange Juice 156.15 139.99 127.75 120.95 114.53
Coffee 295.60 308.75 290.52 280.11 270.08
Cotton 86.330 93.589 96.269 97.916 99.591
Rice 15.3800 15.2877 15.8100 16.1334 16.4614
Canola 822.50 818.79 841.84 856.00 870.33
Oat 343.5000 345.7711 363.3095 374.2982 385.5949
Wool 1,890.00 1,862.64 1,911.18 1,941.02 1,971.41
Sugar 18.07 17.94 18.57 18.97 19.37
Cocoa 6,188.00 6,570.37 6,054.94 5,765.85 5,490.77
Tea 205.74 213.31 264.95 302.08 344.43
Sunflower Oil 1,663.90 1,678.35 1,695.10 1,705.32 1,715.54
Rapeseed 552.00 544.64 556.59 563.85 571.23
Barley 2,148.50 2,127.59 2,024.96 1,965.66 1,908.30
Butter 4,396.00 4,163.04 3,981.18 3,876.18 3,773.70
Potatoes 1.40 1.27 0.72 0.51 0.37
Corn 512.0000 514.6972 529.6909 538.9020 548.2667

Livestock Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Feeder Cattle 324.8250 318.9766 310.8651 306.1201 301.4391
Live Cattle 212.9500 211.4155 206.7152 203.9332 201.2150
Lean Hogs 82.3000 82.4902 79.0741 77.1027 75.1728
Beef 347.70 345.98 349.15 351.08 353.02
Poultry 7.61 7.32 7.47 7.56 7.65
Eggs US 0.35 0.37 0.30 0.27 0.23
Eggs CH 4,062.00 3,818.05 3,980.60 4,082.07 4,185.42
Salmon 72.94 77.45 90.22 98.94 108.50

Industrial Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Bitumen 4,748.00 4,921.45 5,137.10 5,271.27 5,408.86
Cobalt 50,665 56,495 57,523 58,153 58,784
Lead 1,907.63 1,901.50 1,870.53 1,852.22 1,834.09
Aluminum 3,292.50 3,264.17 3,358.72 3,416.81 3,475.88
Tin 54,952 55,841 58,995 60,977 63,026
Zinc 3,927.75 3,878.25 3,981.64 4,044.90 4,108.94
Nickel 16,835 16,882 17,451 17,801 18,160
Molybdenum 617.50 619.19 627.69 632.81 638.00
Palladium 1,404.00 1,406.42 1,519.21 1,591.34 1,666.94
Rhodium 9,400 9,055 9,336 9,509 9,685
Phosphorus 1,021.00 1,018.95 1,013.68 1,010.51 1,007.45
Polyethylene 8,358.00 7,710.83 7,973.02 8,134.62 8,300.06
Polyvinyl 4,890.00 4,494.24 4,366.77 4,292.19 4,218.52
Polypropylene 8,521.00 8,003.82 8,358.47 8,579.03 8,805.95
Synthetic Rubber 15,508.33 14,994.30 15,428.63 15,695.49 15,966.82
Soda Ash 1,050.00 1,037.71 1,026.27 1,019.51 1,012.86
Neodymium 955,000 961,048 991,672 1,010,486 1,029,681
Styrene 9,920.00 9,159.79 9,616.92 9,902.63 10,196.49
Sulfur 8,639.00 8,433.05 8,860.79 9,128.80 9,404.31
Tellurium 797.50 799.44 809.22 815.12 821.03
Urea 443.00 433.16 459.54 476.19 493.44
Di-ammonium 792.50 793.29 809.91 820.02 830.21
Magnesium 17,100 16,765 16,588 16,484 16,380
Gallium 1,785.00 1,791.66 1,825.16 1,845.69 1,866.40
Germanium 26,000 25,607 26,148 26,477 26,811
Manganese 29.05 28.67 28.26 28.02 27.78
Indium 5,340 5,389 5,588 5,711 5,836
Kraft Pulp 4,836.00 4,768.52 4,652.07 4,583.55 4,516.46

Index Price Signal Q3/26 Q4/26 Q1/27 Q2/27
Baltic Dry 3,628.00 3,222.43 3,408.38 3,525.31 3,646.06
CRB Index 535.54 524.74 538.99 547.71 556.58
GSCI 735.75 718.74 744.25 760.09 776.15
SSE Commodity Index 7,111.75 7,022.99 6,807.23 6,681.44 6,557.78
TE Metals Index 7,047.34 7,060.95 7,259.66 7,381.84 7,505.42
Containerized Freight Index 3,509.54 3,551.30 3,764.68 3,899.09 4,038.07
EU Carbon Permits 84.18 83.71 86.89 88.87 90.88
Wind Energy Index 23.67 23.83 24.57 25.03 25.50
Nuclear Energy Index 46.04 46.17 49.80 52.12 54.54
Solar Energy Index 47.76 48.14 51.26 53.23 55.28