Energy Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Crude Oil 66.480 63.739 66.330 68.122 69.965
Brent 71.760 68.593 71.165 72.940 74.755
Natural gas 3.0470 3.3559 3.7100 3.9685 4.2444
Gasoline 1.9938 1.9302 2.0026 2.0525 2.1036
Heating Oil 2.5829 2.4199 2.5272 2.6013 2.6779
Coal 116.15 116.95 119.54 121.30 123.08
TTF Gas 31.55 33.04 35.10 36.55 38.06
UK Gas 77.9502 78.0045 82.8578 86.2742 89.8282
Ethanol 1.7200 1.7021 1.7773 1.8293 1.8830
Naphtha 564.50 550.43 565.40 575.65 586.07
Uranium 89.4000 90.2608 92.5699 94.1451 95.7471
Propane 0.64 0.64 0.67 0.68 0.70
Methanol 2,159.00 2,181.24 2,248.81 2,295.23 2,342.52
Coking Coal 221.00 223.98 229.97 234.08 238.23
German Gas 33.29 33.56 35.36 36.62 37.92
Urals Oil 58.58 56.56 59.28 61.17 63.12

Metals Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Gold 5,109.17 5,094.36 5,247.69 5,352.61 5,459.54
Silver 82.343 79.143 84.523 88.331 92.302
Copper 5.8390 5.8979 6.1889 6.3908 6.6003
Steel 3,056.00 3,037.82 2,983.57 2,948.12 2,912.98
Lithium 143,750 145,367 150,291 153,669 157,133
Iron Ore CNY 746.00 756.32 738.02 726.05 714.31
Platinum 2,176.00 2,120.93 2,256.15 2,351.28 2,450.56
HRC Steel 987.00 983.28 1,017.59 1,041.21 1,065.41
Iron Ore 99.33 99.19 97.80 96.88 95.96
Silicon 8,330.00 8,225.88 7,918.50 7,721.08 7,527.82
Scrap Steel 373.00 377.34 382.90 386.65 390.44
Titanium 45.50 45.63 46.01 46.27 46.53

Agricultural Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Soybeans 1,137.50 1,140.36 1,162.68 1,177.75 1,193.05
Wheat 573.00 544.17 529.09 519.32 509.70
Lumber 576.50 590.99 568.81 554.57 540.63
Palm Oil 4,123.00 3,966.99 3,866.17 3,800.55 3,735.73
Cheese 1.5870 1.5144 1.4653 1.4335 1.4024
Milk 15.02 14.93 14.56 14.31 14.07
Rubber 192.70 190.74 185.51 182.12 178.79
Orange Juice 169.95 178.74 163.56 154.19 145.38
Coffee 285.35 291.52 277.65 268.79 260.23
Cotton 65.517 63.628 62.040 61.000 59.986
Rice 10.1400 10.9582 10.6423 10.4365 10.2351
Canola 686.70 681.85 702.37 716.42 730.73
Oat 330.0000 305.3559 293.8517 286.4606 279.2241
Wool 1,693.00 1,705.27 1,742.44 1,767.66 1,793.39
Sugar 13.86 13.41 13.00 12.73 12.47
Cocoa 3,178.00 3,591.09 3,352.71 3,203.22 3,060.34
Tea 156.07 166.56 200.85 227.83 258.45
Sunflower Oil 1,533.10 1,531.72 1,548.13 1,559.12 1,570.10
Rapeseed 488.75 481.23 468.56 460.30 452.19
Barley 2,100.00 2,111.45 2,145.99 2,169.51 2,193.03
Butter 4,527.00 4,566.21 4,436.66 4,352.30 4,269.32
Potatoes 3.10 3.80 3.22 2.90 2.60
Corn 428.0000 428.2528 417.8908 411.1124 404.4634

Livestock Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Feeder Cattle 367.3421 368.2239 376.3026 381.7860 387.3790
Live Cattle 246.7500 245.0761 250.4530 254.1025 257.8250
Lean Hogs 93.6750 90.1158 86.6930 84.4933 82.3483
Beef 348.55 345.29 349.04 351.55 354.06
Poultry 7.31 7.29 7.16 7.08 7.00
Eggs US 0.52 0.88 0.80 0.74 0.69
Eggs CH 3,234.00 3,283.16 3,433.54 3,538.00 3,645.69
Salmon 68.58 70.75 58.79 52.04 46.05

Industrial Price Signal Q1/26 Q2/26 Q3/26 Q4/26
Bitumen 3,280.00 3,251.46 3,166.84 3,111.74 3,057.62
Cobalt 56,290 56,844 58,530 59,684 60,861
Lead 1,969.23 1,953.72 1,922.98 1,902.75 1,882.92
Aluminum 3,101.90 3,115.72 3,176.24 3,217.10 3,258.59
Tin 45,640 50,388 52,608 54,143 55,722
Zinc 3,377.95 3,373.12 3,451.12 3,504.34 3,558.23
Nickel 17,435 17,159 17,658 17,998 18,346
Molybdenum 515.00 519.25 532.15 540.90 549.87
Palladium 1,780.00 1,741.15 1,857.50 1,939.43 2,025.29
Rhodium 10,975 10,879 11,272 11,542 11,820
Phosphorus 1,025.00 1,024.03 1,021.11 1,019.16 1,017.21
Polyethylene 6,681.00 6,646.26 6,542.70 6,474.56 6,407.08
Polyvinyl 4,919.00 4,951.96 5,051.81 5,119.20 5,188.07
Polypropylene 6,593.00 6,568.61 6,496.08 6,447.95 6,399.83
Synthetic Rubber 13,125.00 13,046.91 12,813.94 12,661.69 12,510.75
Soda Ash 1,182.00 1,175.62 1,156.59 1,144.06 1,131.77
Neodymium 1,065,000 1,074,479 1,103,234 1,122,936 1,142,852
Sulfur 3,833.33 3,872.43 3,991.26 4,072.91 4,155.71
Tellurium 760.00 763.61 774.52 781.89 789.26
Urea 465.00 450.90 472.06 486.71 501.85
Di-ammonium 627.50 634.41 647.77 656.84 666.04
Magnesium 17,400 17,481 17,725 17,891 18,056
Gallium 1,805.00 1,815.83 1,848.50 1,870.70 1,893.26
Germanium 14,500 14,454 14,317 14,227 14,138
Manganese 31.55 31.62 31.83 31.97 32.11
Indium 4,450 4,557 4,889 5,125 5,372
Kraft Pulp 5,232.00 5,189.36 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 2,128.10 2,267.35 2,365.45 2,467.94
CRB Index 391.84 388.40 395.89 400.95 406.08
GSCI 602.32 587.82 599.85 608.03 616.26
SSE Commodity Index 7,988.32 8,040.64 8,199.21 8,306.25 8,414.90
Containerized Freight Index 1,251.46 1,225.93 1,151.47 1,104.41 1,059.36
EU Carbon Permits 73.50 69.84 67.60 66.15 64.72
Wind Energy Index 23.50 23.34 23.98 24.42 24.86
Nuclear Energy Index 54.57 53.13 56.59 59.03 61.57
Solar Energy Index 59.76 58.92 62.17 64.45 66.81