Evolving Sugar & Ethanol Markets - CMT Conferences

nal delegates expected !!Day 2Tuesday, 6 th February 20078:00 - 9:45 Workshop by Euronext.liffeUNDERSTANDING THE EURONEXT.LIFFESUGAR DELIVERY PROCESSconducted by Peter Blogg10:00 Chairman’s RemarksAlan Wood, ChairmanCzarnikow SugarOther Exporters10:10 CAN THAILAND REMAIN A SERIOUS SUPPLIER?Isara Vongkusolkit, CEOMitr Phol Sugar Corp., Ltd.10:30 CAN THE AUSSIES COMPETE?Neil Collie, General Manager-MarketingQueensland Sugar Ltd., Australia11:00 WHAT FUTURE FOR PRODUCTION IN AFRICA?Speaker to be advised11:20 Panel DiscussionModerator - Alex EitoNoble Sugar• Panelists - Session speakers11:50 CoffeeThinking Out of the Box12:10 HEADING FOR SELF-SUFFICIENCYPavel Demidov, PresidentDominant Market, Russia12:30 CORN VS SUGAR: LOSING DEMAND IN CHINA12:50 AS THE WORLD GETS RICHER,DOES IT GET FATTER?Liz Gorski, Global Procurement-SweetenersCoca Cola Atlanta1:10 FOOD VERSUS FUEL – THE NEXT WORLD WAR?Speaker to be advised1:30 Final DiscussionClosing remarks by ChairmanJamal Al-Ghurior, MDAl. Khaleej Sugar1:40 Closing Lunch1530 - 2100 hrs. Refinery Visit in the afternoonfollowed by Dinnerhosted byThe past year hasbeen a traumaticone for the worldsugar trade. Pricesrose sharply at thebeginning of 2006on a perfect stormof EU reform, Asiandrought, Indian cropproblems, high ethanol demand and fund inflowsinto commodity markets in general. All this led topredictions of a deep deficit and even higher prices.As the year progressed, however, higher sugar pricesled to a diversion from ethanol to sugar and destockingin a number of key countries, most particularly in theEU and in China.Those higher pricesalso led to a rapidresponse on the partof producers, manyof whom sharplyincreased plantings.T h i s e x p a n d e dacreage combinedwith a recovery fromAsian drought has turned the sugar world on its head.The predictions now are for a world surplus productionof around five million tonnes.World sugar tradersface a number ofk e y c h a l l e n g e sgoing forward. Some– such as the endingof EU exports andthe growth of flexfuelcars in Brazil- arestructural. Others –such as Indian expansion - are cyclical. At this stage it isnot clear how these changes will play out, but they allimpact enormously on the way we all do business.Thewill provide a forumto discuss these issues and hopefully throw somelight on the road ahead. Expected to draw over400 international delegates, WORLD SUGAR TRADEDUBAI is an event Not-To-Be-Missed. To register,please go online at www.cmtevents.com or emailmeiyen@cmtsp.com.sgmtevents.comProgram topics, speakers and schedules listed herein are confirmedas at printing time. Please refer to the event’s Latest Schedule at www.cmtevents.com for most up-to-date details.