Numerous sugar futures and industry leaders will speak at the event, which will address new developments that are reshaping the world sugar market and their effect on the NYBOT Sugar No. 11sm market. Topics to be discussed include: changing trade patterns, including the growth of the global raw sugar trade and a new refining sector emerging in response to WTO developments; sugar’s increased role as an energy crop; and the growth of commodities as a new asset class resulting in a large infusion of investment capital into the sugar market.
“One of our goals at NYBOT is to educate market users to the many changes occurring in the various industries, including sugar, which is why the exchange hosts numerous educational seminars for all of our core products throughout the year and for every level of expertise,” said Joseph O’Neill, Senior Vice President at NYBOT. “This Sugar Outlook seminar is the perfect opportunity for anyone in the sugar industry to learn more about the latest developments from the top experts, so I encourage all parties to take advantage of what this free event has to offer.”
Tuesday, May 9th
2:00 – 5:00 pm (NY Time)
Waldorf Astoria Hotel
Louis XVI Suite, 4th Floor
301 Park Avenue at 49th Street
New York, NY
Agenda
Joseph O’Neill, SVP, Market Development
Michael Liddiard, Kingsman Americas, Moderator
A review of current and changing market fundamentals including patterns of production, current raw/white price differentials, and implications for risk management mechanisms.
Cyrus Raja, General Manager - Corporate Affairs, Al Khaleej Sugar Co. L.L.C.
Perspectives from a major refiner on the new refining sector post EU white market, growth of the Middle Eastern refining sector, and implications for trade patterns and comments on supply.
Eduardo Pereira De Carvahlo, President, UNICA, (Sao Paulo Sugarcane Agroindustry Union)
An analysis of the current Brazilian ethanol market situation, including the impact of the world petroleum markets and the dynamics of the sugar/ethanol market mix, and implications for the international trade of ethanol and world markets for sugar.
Rian Aikey, Vice President, Cole Partners
Emergence of commodities as an alternative asset class for institutional investors with major implications for Sugar 11 volume, open interest and spread trading; size of institutional assets currently allocated to commodities; an overview of hedge fund strategies active in the sugar market and estimated capital allocated; and an overview of index based investing, comparing and contrasting indexes – Reuters/Jeffries CRB and CCI, GCCI, Rogers, AIG, Journal of Commerce, etc. composition, performance and operational style.
This event is free of charge, but space is limited and registration is requested. We ask that you RSVP your attendance by clicking the following link: http://www.intermarket.com/events/nybotsugar/register.asp
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com. To learn more about New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.
