Coal Trading with Hayn Park Coal demand reached an all-time peak in 2022. Prices reached levels not seen for over a decade. China is permitting two new coal fired power plants a week and Germany is burning lignite to meet its power demand. Traders reaped huge rewards trying to connect a fragile, disrupted, supply chain. As the world strives for the energy transition, removing coal from our power mix is vital. Financiers and public companies have made firm commitments to this. This has pushed the coal supply chain into ever more private hands and into a more opaque and volatile arena. What is the coal market? What is its structure? How is it traded? And where is it headed. Our guest is Hayn Park, head of European energy trading at DRW and a veteran energy trader. 

In late April, we brought together a panel of leading thinkers and executives from across the sector to discuss the impacts of rising interest rates on commodities in front of a live audience in New York City. This inaugural Live HC Insider Podcast event was hosted by HC Group and Brown Brothers Harriman. Where are rates headed? What does it mean for prices, traders, producers, investment and the energy transition? Our panelists were Roland Rechsteiner (Partner, McKinsey), Lewis Hart (Managing Director, BBH), Dwight Anderson (Founder, Ospraie Management), Mark Kristoff (CEO, Traxys), and Adam Rozencwajg (Managing Partner, Goehring & Rozencwajg). The panel opened with an update on rates from Scott Clemons (Chief Investment Strategist at Brown Brothers Harriman). 

Commodities in a Deglobalizing World with Jeremy Shapiro Commodities have been at the heart of globalization. Traders roamed freely and commodities priced to the marginal cost of production. Since the mid-2010s that started to change politics moved toward populism and nationalism and geopolitical competition heated it. Today, traders have to navigate a sanction minefield and the weaponization of the dollar.  Global trade is fragmenting into blocks. What does this mean for the sector, the talent and the dollar itself. Our guest is Jeremy Shapiro, research director at the European Council on Foreign Relations and previously the senior advisor to the assistant secretary of state for Europe and Eurasia at the U.S. Department of State and a fellow at the Brookings Institution 

Commodity Indexes with Tim Kramer,  JC Kneale and Preston Peacock: Commodity indexes have grown in popularity among institutional and private investors, tracking the prices of a diversified basket of commodities to generate returns and hedge inflation, with current allocations totaling over $1.6 trillion in assets. Despite their acceptance, many investors are unsure of how these complex indexes are constructed, how returns are generated, and who ultimately determines the commodities they comprise. Furthermore, the future of these indexes remains a topic of discussion. To gain a deeper understanding of these indexes, Tim Kramer, founder and CEO of CNIC Funds LLC, is joined by Preston Peacock, Senior Director of ICE Data Indices, and J.C. Kneale, Head of North American Power and Gas Markets for ICE, to discuss the history, evolution, construction, uses, and potential future of commodity market indices, including their new power index designed for the energy transition age.Website: http://www.cnicfunds.com/Bloomberg Tickers:ICECNPIS = ICE US Carbon Neutral Power Spot Return Index (returns on underlying electricity + carbon only)ICECNPIE = ICE US Carbon Neutral Power Excess Return Index (returns on spot + roll yield)ICECNPIT = ICE US Carbon Neutral Power Total Return Index (spot + roll + collateral yield)

Description A View From the Top with Saad Rahim In this episode, Saad Rahim, Chief Economist of Trafigura, the global commodity trading house, joins us to give an overview on the current state of the commodities markets. China is open for business. OPEC is cutting production. Is Oil poised for a big rise? Are cyclical markets over...replaced by a more volatile, less efficient, price-spiking and unpredictable paradigm? Where will metals headed with continued supply constraints? Is Copper the ultimate transition metal and what does energy transition mean for the traders?