Jay Kindred

Jay joined Czarnikow full time in 2021 following a one year internship in 2019. As an intern he focused on the development of tools and dashboards to advance effective communication of data throughout the business and to clients. Jay is currently responsible for analysis of the European sugar sector, alongside contributing premium reports for Czapp and presenting our current market view to clients. He holds a bachelor’s degree in economics from the University of Bath.

The Raw Sugar Futures July-October Spread

Welcome to the sixth instalment of Czapp’s course on futures market spreads. In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

Jay Kindred

5 months ago

5 min read

The Raw Sugar Futures July-October Spread

Welcome to the sixth instalment of Czapp’s course on futures market spreads. In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

Jay Kindred

5 months ago

5 min read

The Raw Sugar Futures May-July Spread

Welcome to the fifth instalment of Czapp’s course on futures market spreads.

In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

In this explainer we will cover the specific drivers of the No.11 raw sugar futures May-July spread.

Jay Kindred

5 months ago

6 min read

The Raw Sugar Futures May-July Spread

Welcome to the fifth instalment of Czapp’s course on futures market spreads.

In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

In this explainer we will cover the specific drivers of the No.11 raw sugar futures May-July spread.

Jay Kindred

5 months ago

6 min read

The Raw Sugar March-May Spread

Welcome to the fourth instalment of Czapp’s course on futures market spreads. In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

In this explainer we will cover the specific drivers of the No.11 raw sugar futures March-May spread.

In upcoming explainers we will look what factors drive the remaining No.11 raw sugar futures spreads.

Jay Kindred

5 months ago

6 min read

The Raw Sugar October-March Spread

Welcome to the third instalment of Czapp’s course on futures market spreads.

In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

In this explainer we will cover the specific drivers of the No.11 raw sugar futures October-March spread.

Jay Kindred

6 months ago

7 min read

The Raw Sugar October-March Spread

Welcome to the third instalment of Czapp’s course on futures market spreads.

In previous explainers we looked at what a spread is, why they are relevant to market participants and analysts, and what the key drivers of futures market spreads are.

In this explainer we will cover the specific drivers of the No.11 raw sugar futures October-March spread.

Jay Kindred

6 months ago

7 min read

Ask The Analyst: Why are the Sugar Futures Spreads so Backwardated?

  • In this week’s Ask the Analyst we answer why the sugar futures spreads are so backwardated.
  • Spreads (and the forward curve) can help resolve supply and demand imbalances.
  • The sugar markets are still undersupplied, backwardated spreads can resolve this.

Jay Kindred

6 months ago

2 min read

What Factors Influence Futures Market Spreads?

Welcome to the second instalment of Czapp’s course on futures market spreads. In the previous explainer we looked at what a spread is and why they are relevant to market participants and analysts.

In this explainer we will look at what the key drivers of futures market spreads.

Jay Kindred

6 months ago

13 min read

What Factors Influence Futures Market Spreads?

Welcome to the second instalment of Czapp’s course on futures market spreads. In the previous explainer we looked at what a spread is and why they are relevant to market participants and analysts.

In this explainer we will look at the key drivers of futures market spreads.

Jay Kindred

6 months ago

13 min read

What are Futures Market Spreads?

Welcome to the first instalment of Czapp’s course on futures market spreads.

In this explainer we will look at what a spread is and why they are relevant to market participants and analysts.

In the upcoming explainers we will look at the types of factors that drive changes to the value of spreads, and what factors in particular drive the No.11 raw sugar futures spreads.

Jay Kindred

6 months ago

8 min read

What are Futures Market Spreads?

Welcome to the first instalment of Czapp’s course on futures market spreads.

In this explainer we will look at what a spread is and why they are relevant to market participants and analysts.

In the upcoming explainers we will look at the types of factors that drive changes to the value of spreads, and what factors in particular drive the No.11 raw sugar futures spreads.

Jay Kindred

6 months ago

9 min read