I want to come up with the appropriate loss given default for a commodity derivative in my CVA calculation. would anyone know where I can find this information?

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    $\begingroup$ LGD depends on the counterparty recovery rate, the type of collateral, and the correlation between the underlying and the counterparty default. Information on the underlying only (here a commodity) is not sufficient to estimate LGD. $\endgroup$ – Antoine Conze Mar 21 '18 at 10:11

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