Not the 2020 we anticipated Nothing has shaken up the commodity markets like the covid-19 outbreak in a very long time. Falling food and fuel demand from the pandemic has led to weakening prices across the complex, as well as logistical complications.
As the pandemic continues, the impact on consumption and overall uncertainty ahead is a threat to European players. It’s time to step back and assess the new outlook for the EU sugar market.
At a critical time, join us for the S&P Global Platts online European Sugar event. A part of the thought leadership series on Platts LIVE, this important discussion will address how the EU sugar supply chain is adapting in this time of great uncertainty. READ MORE
Wednesday, September 9, 2020
- 9:30 amNetworking time
- 10 amIntroduction to S&P Global Platts European Sugar Virtual ConferencePatricia Luis-Manso, Head Of Sugar & Biofuels Analytics, S&P Global Platts
- 10:10 amKeynote Address - Today’s European Sugar Market2020 was set to continue the sugar prices road to recovery, however, the coronavirus pandemic has resulted in changes to supply and demand dynamics across various agricultural commodities. How has S&D evolved in Europe over the year, is production still set to increase, and how has consumer stockpiling and the switch to home life vs. the closure of restaurants, bars, cinemas etc. impacted demand?Daniel Rebelo, Sugar Analyst, S&P Global Platts
- 10:40 amLeader's Panel - The European Sugar market moving forwardsHear from the supply chain as they share their perspectives of navigating the challenges COVID-19 brought upon them, and what they are doing today, and planning for the road ahead. How soon can the market recover?Alexandre Luneau, Executive Vice-President, TereosLars Gorissen, CEO, NordzuckerMarc Corvaisier, Sugar Trader, Louis-Dreyfus Company
- 11:30 amLive Q&A with presenters
- 11:50 amNetworking and virtual refreshment break
- 12:20 pmKeynote Address - Global sugar marketBetter understand the repercussions to the global market COVID-19 has caused, has their been any winners in this time of uncertainty, where do we stand on the global surplus, and how has global movements changed?Karim Salamon, Head of Analysis, Wilmar Sugar
- 12:55 pmPanel Discussion - What will be driving the price of sugar this year?The sugar price was set to make a recovery this year with the reduction of the global surplus, however what will drive the sugar price going forwards, how has demand evolved and how is the general uncertainty impacting the price.Tracey Allen, Agricultural Commodities Strategist, J.P. MorganKona Haque, Head of Commodities Research, ED&F ManCyril Moine, European Trade Department, SucdenVirendra Jain, Head of Global Sugar Research, ECTP
- 1:25 pmPanel Discussion: Managing risk in the current climateThe need for a robust risk management process has clearly been showcased through the course of the year. hear from the trenches how the risk has been managed in through the profound uncertainty brought on from the virusJan van den Brom, Managing Partner, Agiboo
Charles Funnell, Director of Commodity Risk Management, Unilever
Marco Saracino, Procurement CoE – Commodities Risk Management, Associate Director, Coca-Cola European Partners - 1:55 pmLive Q&A with presenters
- 14:45The Ethanol market todayThe collapse of the oil price, and sheer lack of demand severely damaged the price of Ethanol. However there was hope for producers who were able to switch focus to produce disinfectants and hand sanitizers. How will this change going forward, will demand for disinfectants stay strong, as demand for ethanol recovers will they switch back?Peter de Klerk, Senior Economist, International Sugar Organization
- 15:05Where is the European market headed?Over the day you have heard where the EU market stands, now hear where it is headed. What can we expect as countries return to some normality, what are the implication for future production, where do we stand with the global surplus, and will global tradeflows change now?Martin Todd, Managing Director, LMC
- 15:25Live Q&A with presenters
- 15:45End of conference
Event postponement
We have been closely monitoring the outbreak of the coronavirus (COVID-19), including advice from the World Health Organization, and have made the difficult decision to postpone S&P Global Platts Geneva Sugar Conference this coming April. We regret any inconvenience caused and thank you for your patience and understanding, however as a company, our top priority is the safety and wellbeing of our delegates and speakers, our partners, our colleagues and vendors.
New dates
We have secured the 29-30th September as the new dates for this event at the Fairmont Grand hotel, Geneva. We urge everyone to commit to the dates in their diaries and we look forward to hosting you at our Geneva Sugar Conference in September. We very, very much appreciate all of your messages and support for this event and regret any inconvenience caused and thank you for your patience and understanding.
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