Energy Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Crude Oil 71.180 71.556 72.621 73.707 74.800
Brent 75.170 74.991 76.034 77.092 78.164
Natural gas 3.1290 2.7661 2.8597 2.9569 3.0572
Gasoline 2.0566 2.0305 2.0629 2.0956 2.1288
Heating Oil 2.2738 2.2862 2.3195 2.3533 2.3878
Coal 141.50 144.81 146.76 148.72 150.72
TTF Gas 46.89 40.35 41.37 42.42 43.49
UK Gas 117.1889 102.3183 105.1461 108.0436 111.0307
Ethanol 1.6050 1.5815 1.6034 1.6255 1.6480
Naphtha 628.81 659.30 665.76 672.29 678.89
Uranium 77.8000 78.5876 79.8484 81.1247 82.4242
Propane 0.81 0.83 0.84 0.86 0.87
Methanol 2,572.00 2,498.05 2,519.36 2,540.66 2,562.21
Urals Oil 68.44 69.94 71.45 73.00 74.59

Metals Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Gold 2,715.85 2,749.48 2,781.28 2,813.62 2,846.24
Silver 31.342 32.965 33.800 34.662 35.540
Copper 4.0735 4.4047 4.4831 4.5631 4.6441
Steel 3,306.00 3,251.08 3,193.16 3,136.23 3,080.62
Iron Ore 101.95 102.75 100.46 98.22 96.02
Lithium 79,100 71,391 70,296 69,223 68,165
Platinum 960.90 1,004.77 1,025.73 1,047.19 1,069.14
Titanium 43.50 42.91 42.33 41.75 41.18
HRC Steel 680.00 679.61 662.60 646.08 629.91
Iron Ore CNY 788.50 765.67 744.90 724.75 705.07

Agricultural Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Soybeans 983.50 961.16 946.42 931.97 917.72
Wheat 544.25 550.98 537.83 524.96 512.42
Lumber 591.06 569.63 582.01 594.61 607.55
Palm Oil 4,640.00 4,968.00 5,053.47 5,140.41 5,228.81
Cheese 1.7530 1.9656 2.0050 2.0450 2.0859
Milk 19.87 20.40 20.86 21.32 21.79
Rubber 188.30 196.81 200.59 204.43 208.35
Orange Juice 504.03 538.02 556.64 575.88 595.85
Coffee 302.59 255.68 262.94 270.40 278.08
Cotton 70.75 67.84 66.18 64.55 62.96
Cocoa 8,707.46 7,631.57 8,067.62 8,528.22 9,014.80
Rice 15.1100 14.1951 13.9259 13.6611 13.4007
Canola 592.59 597.44 584.87 572.60 560.58
Oat 349.7698 398.9725 413.1142 427.7183 442.8618
Wool 1,137.00 1,117.46 1,109.93 1,102.50 1,095.19
Sugar 21.37 21.14 20.60 20.08 19.58
Tea 217.97 255.79 287.72 323.63 364.02
Sunflower Oil 1,326.10 1,341.82 1,357.47 1,373.38 1,389.43
Rapeseed 508.27 520.23 529.08 538.08 547.24
Butter 7,785.00 7,912.75 8,078.60 8,248.33 8,421.93
Potatoes 27.80 29.51 30.34 31.19 32.06
Corn 426.0094 410.4483 403.6451 396.9253 390.3308

Livestock Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Feeder Cattle 254.4444 249.4676 252.7912 256.1394 259.5615
Live Cattle 186.6932 187.1720 189.5745 191.9955 194.4534
Lean Hogs 81.6750 83.3478 85.6356 87.9801 90.3895
Beef 347.55 323.85 326.84 329.85 332.87
Poultry 8.17 7.83 7.91 7.98 8.06
Eggs US 4.16 4.79 5.21 5.66 6.15
Eggs CH 3,975.00 3,913.92 3,782.30 3,655.13 3,532.41
Salmon 83.02 72.81 64.51 57.16 50.64

Industrial Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Bitumen 3,413.00 3,293.21 3,245.08 3,197.63 3,151.17
Cobalt 24,300 24,123 23,948 23,773 23,598
Lead 2,026.00 1,999.17 1,966.44 1,934.13 1,902.42
Aluminum 2,635.00 2,681.53 2,725.85 2,770.69 2,816.59
Tin 28,750 33,061 33,789 34,533 35,290
Zinc 2,976.00 3,120.79 3,183.81 3,248.05 3,313.81
Nickel 15,856 15,819 15,491 15,171 14,856
Molybdenum 480.00 465.56 453.91 442.59 431.52
Palladium 1,011.00 1,019.45 985.05 951.93 919.85
Rhodium 4,600 4,725 4,776 4,828 4,880
Polyethylene 8,628.00 8,262.83 8,332.48 8,402.13 8,472.60
Polyvinyl 5,225.00 5,282.28 5,205.63 5,130.06 5,055.55
Polypropylene 7,504.00 7,320.30 7,249.33 7,179.11 7,109.63
Soda Ash 1,546.00 1,514.96 1,494.22 1,473.79 1,453.52
Neodymium 517,500 521,276 515,104 509,038 503,024
Tellurium 665.00 716.25 722.57 728.89 735.35
Urea 312.00 312.54 306.68 300.95 295.35
Di-ammonium 575.00 584.78 594.72 604.84 615.14
Magnesium 17,400 18,117 17,985 17,854 17,723
Gallium 2,325.00 2,595.34 2,615.94 2,636.54 2,657.40
Germanium 18,550 19,005 19,264 19,526 19,791
Manganese 29.25 28.38 28.03 27.67 27.32
Indium 2,605 2,750 2,797 2,844 2,891
Kraft Pulp 5,854.00 5,626.69 5,548.51 5,471.48 5,395.02

Index Price Signal Q4/24 Q1/25 Q2/25 Q3/25
Baltic Dry 1,537.00 1,340.93 1,279.81 1,221.37 1,165.73
CRB Index 345.04 342.39 346.05 349.75 353.51
LME Index 3,994.60 4,255.39 4,316.23 4,377.90 4,440.41
GSCI 547.19 531.51 524.34 517.23 510.28
SSE Consume Commodity Index 7,937.35 8,018.36 7,839.57 7,664.89 7,493.48
Containerized Freight Index 2,160.08 2,408.94 2,519.27 2,634.68 2,755.38
Nuclear Energy Index 33.26 31.74 32.71 33.70 34.73
Solar Energy Index 34.66 36.76 35.53 34.33 33.18
EU Carbon Permits 69.27 62.27 60.30 58.40 56.55
Wind Energy Index 15.65 17.13 17.40 17.67 17.95