Stephen Geldart

Associate Director

Stephen joined CZ in 2008 and leads the Analysis Team, who provide leading-edge coverage of the sugar, ethanol, ingredients and packaging markets primarily on Czapp.com, CZ’s online portal. CZ’s analysis team also provide price risk management services for sugar producers, refiners and consumers, and regularly undertakes strategic consultancy work for energy majors, banks, and agricultural businesses. Before joining CZ, Stephen began his career in the oil refining industry. He holds an MSci in Chemistry from Imperial College London.

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Several blue injector pens labelled Saxenda and Ozempic are scattered on a wooden surface among small clear vials with prescription labels, indicating various injectable medicines.

GLP 1 Drugs Availability Booms

Insight Focus Sales of GLP-1 drugs like Ozempic are rising rapidly. Pi...

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How Might Sugar, Ethanol and Packaging Be Hit by Iran War?

Insight Focus The Iranian war has had a startling effect on the world�...

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Why is CZ’s Sugar Production Surplus for 2025/26 So Large?

Insight Focus We think the world will make 9.3m tonnes more sugar than...

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What Trump’s New Tariffs Mean for Sugar

Mexican and Canadian sugar flows are unaffected for the time being. CA...

The White House in Washington, D.C. is shown with the American flag flying atop its roof, framed by green trees and set against a blue sky with scattered clouds.

What Trump’s New Tariffs Mean for Sugar

Insight Focus Mexican and Canadian sugar flows are unaffected for the ...

Shelves in a store refrigerator stocked with a wide variety of colorful bottled and canned drinks, including teas, juices, sodas, and energy drinks, arranged in organized rows.

Aspartame to be Reclassified by World Health Organization?

Insight Focus Reuters reports the WHO might be about to declare aspart...

A field of tall, green sugarcane plants grows in rows under a blue sky with scattered clouds, while the foreground shows a dry, plowed patch of soil.

How Cane Biomass Can Increase Energy Security and Decarbonisation

Insight Focus Biomass is increasingly a source of revenue for cane mil...

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From the TXF Global Conference: Ensuring Food Security

Insight Focus Markets have responded to disruption to Black Sea grains...

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Czapp Explains: Types of Freight

Freight Course Overview Welcome to Czapp’s course on freight. We hop...

Insight

Inflation and Commodities: The Need for Investment

Inflation is probably transitory and structural. Reduced globalisation...

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Ask the Analyst: How’s India’s Monsoon Going?

Insight Focus The monsoon is the lifeblood of India’s agriculture. G...

A brightly lit grocery store produce section with displays of fresh fruits and vegetables, including oranges, lemons, apples, and greens, organized neatly on wooden shelves and tables.

Czapp Explains: Physical Differentials

Sugar and other commodity prices, typically quoted as physical values,...

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Should India Abandon Ethanol To Make Food?

Insight Focus High global food prices are helping India export its sto...

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Is ‘Fortress Russia’ Self-Sufficient in Sugar?

Insight Focus Russia is normally self-sufficient in sugar. But more th...

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Black Sea Sugar Freight Suffers Little War Disruption

Insight Focus Black Sea shipping is being disrupted by the Ukraine war...

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Inflation & Commodities: A Contrarian View

Insight Focus Inflation is front-page news. The ‘long commodity’ t...

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What the Energy Crisis Means for Inflation & Commodities

The world’s natural gas markets have gone berserk. Many non-energy c...

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May PET Update – Stabilisation

242 words / 1 minute reading time Global PET demand remains sluggish d...

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Czapp Improvements in August 2019

What’s new? Quite a lot, actually. We’ve continued to enhanc...

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Sugar and the Move to Low Sulphur Marine Fuels

Demand for low sulphur marine fuels will rise in the coming months. A ...

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