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.

What is a Futures Market?

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

In this episode we will look at what futures markets are and what constitutes a futures contract.

Jay Kindred

11 months ago

8 min read

Czapp Explains: What is a Futures Market?

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

In this episode we will look at what futures markets are and what constitutes a futures contract.

Jay Kindred

11 months ago

8 min read

Upcoming EU Carbon Pricing Scheme Risks Higher Food Prices

  • Fertilizer imports to the EU will soon include carbon dioxide emission costs.
  • The cost of fertilizers for EU farmers (and therefore food prices) could rise.
  • Particularly since the EU imports plenty of fertilizers from high CO2-emitting origins.

Jay Kindred

12 months ago

5 min read

Sugar Futures and Market Data: 14th March 2023

  • Both raw and refined sugar futures prices strengthened over the last week.
  • The CFTC is still affected by an earlier cyber-attack, hindering access to up-to-date trading data.
  • Despite this, we still think speculators hold a large long position in raw sugar.

Jay Kindred

12 months ago

2 min read

Can India Export Sugar Today? 15th December 2022

  • World market sugar prices quickly strengthened on Wednesday, widening the Indian export margin.
  • Over 500k tonnes of Indian sugar is expected to ship this month, the largest in December on record.
  • Both raw and white sugar exports are still workable.

Jay Kindred

1 year ago

1 min read

Sugar Futures and Market Data: 12th December 2022

  • Raw and refined sugar prices have traded in a narrow sideways range so far in December.
  • Speculators have closed more short positions, willing to hold on to long positions.
  • Raw sugar consumers add new hedges despite relative market strength.

Jay Kindred

1 year ago

2 min read

Can India Export Sugar Today? 8th December 2022

  • We think around 4m tonnes of Indian sugar has been contracted for export this season.
  • The Indian rupee has weakened back toward 2022 highs.
  • Both raw and white sugar exports are still workable at today’s prices.

Jay Kindred

1 year ago

1 min read