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Commodities Buzz: CII Organize Seminar On Commodity Risk Management In Chennai Next Week

Capital Market/ 10:00 , Oct 27, 2012

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Confederation of Indian Industry is organizing a Session on Commodity Risk Management on 31st October 2012, at Hotel Park Sheraton, Chennai. Commodity volatility is a fact of life. Unpredictable swings in raw materials have affected manufacturing units. Increased demand for energy, among other drivers, have increased both price volatility and driven average prices upwards over the past five years. Because raw material costs cannot be transferred quickly and efficiently down the value chain, volatility is leading to weaker, more unpredictable earnings. A strong risk management, which ensures a systematic process mechanism to identify and manage key unforeseen risks, and clearly lays down roles and responsibilities of the team, basically equips the treasury to manage its commodity risks in an effective and efficient manner. Given the backdrop of unprecedented volatility and uncertainty in the global markets, and exchange rates affects value of a company's operating cash flows, income statement and its competitive position. The impact is all the more pronounced for organizations that have significant exposure to global trade.

Objective of the Seminar include Understand the fundamentals of commodity price risk management, Protect your organization against price volatility through hearing key trading strategies, Manage your organization's price risks through analyzing the role of futures markets and options on futures in risk management. Integrate currency exposure management into your organization's commodity procurement strategy. This seminar offers in-depth instruction and guidance on commodity price risk management to any senior managers that are contemplating improved risk management strategies or key personnel responsible for price and market activities, includes Traders, Treasurers, Market Analysts, Auditors, Financial Officers, Purchasers, Economists, Government Officials etc. Delegate fee for CII member is Rs 1686/- per delegate and Non-Member is Rs 2809/- per delegate.Online Registration is available through the below link. http://www.cii.in/OnlineRegistration.aspx?Event_ID=E000013237.The programme is appended below for your reference:

0900 - 0930 hrs

Registration

 

0930 - 1015 hrs : Inaugural Session

0930 - 0940 hrs

Welcome address

Mr S Chandramohan
Chairman, CII - SR Economic Affairs & Governance Taskforce &
President and Group CFO, TAFE Ltd

0940 - 1005 hrs

Inaugural Address: Philosophy and Approach to Risk Management

 

1005 - 1010 hrs

Concluding Remarks

 

1010 - 1015 hrs

Session Changeover

 

1015 - 1100 hrs : Session I

Commodity Risk: Fundamental Determinants, Future Basics and Instruments (From Bank's prespective)

Mr Pritam Kumar Patnaik
Vice President- Sales
Kotak Commodity Services Ltd

1100 - 1115 hrs

Refreshments

 

1115 - 1200 hrs:

Session II

Commodity Risk: Fundamental Determinants, Future Basics and Instruments (From Exchange's prespective)

Mr T G Senthilvelan, Asst. V P - Business development
MCX India

1200  - 1205 hrs

Session Changeover

 

1205 - 1300 hrs:

Session III

A Risk Management Case Study/ Panel Discussion

Mr Muthu Kumar
MD, Head of Sales, South & East India
Standard Chartered Bank

Seminar concludes with Lunch

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