2 Commodities in a two-speed world
5 Trading recommendations
6 Key commodity forecasts vs forward prices*
7 SG long-term forecasts*
8 Quarterly energy & steel forecasts*
9 Global Economic Outlook
10 SG Global Economic Forecasts
11 Fundamental drivers - Summary
12 Oil
22 US natural gas
30 Thermal coal
40 European natural gas*
45 European carbon
52 European power*
58 Grains: corn, soybean, wheat
67 Sugar
72 Livestock: lean hogs, live cattle
76 Steel and iron ore**
79 Aluminium
83 Copper
87 Zinc
90 Nickel
94 Tin
96 Lead
99 Gold
102 Silver
104 Platinum and palladium