S&P Global Commodity Insights

Mumbai Commodity Market Insights Forum 2024

June 25, 2024 – 9am to 6:15pm, The Sofitel, BKC, Mumbai

Join us for an exciting S&P Global Commodity Insights Mumbai Commodity Market Insights Forum 2024

S&P Global Commodity Insights Mumbai Commodity Market Insights Forum is a great way to stay informed and connect with your industry peers.

  • Get vital updates on the energy and commodities markets
  • Hear from leading S&P Global Commodity Insights editors, experts and analysts
  • Share your views and ask questions
  • Make new connections - interact face-to-face with key decision makers

Don’t miss out on your opportunity to engage and interact with our industry specialists as they share insights on key topics affecting the energy and metals markets. Network with industry peers and our editors/experts who will be on hand to discuss the important stories they see unfolding in the year ahead.

We have specifically designed this forum to give you the flexibility to attend the sessions of your interest during the day.

Pre-registration is required due to capacity constraints

Only pre-registered delegates will be allowed to attend the form. Please note that we may not be able to accommodate walk-ins or substitution at registration. Limited spaces are available, and registration will close on Thursday, 20 June 4pm IST.


Agenda

  • Morning Plenary
  • Afternoon Sessions

Time

Topic

Speaker

9:00am

Registration and morning coffee


9:30am

Welcome Remarks

Anupam Bagri,
Vice President & Head of India - Commercial,
S&P Global Commodity Insights

9:40am

Essential Intelligence in an ever-changing world

Philippe Frangules,
Head of Gas, Power & Climate Solutions,
S&P Global Commodity Insights

9:55am

Panel Discussion: India’s multidimensional energy transition: On the path to net-zero?

Moderator:

Rashika Gupta,
Research and Analysis Senior Director,
S&P Global Commodity

Panelists

Philippe Frangules,
Head of Gas, Power & Climate Solutions,
S&P Global Commodity Insights

Deepak Agrawala,
Senior Executive Vice President,
Avaada Group

Alok Ranjan,
Chief Marketing Officer,
Vedanta Limited (Aluminum Business)

Manoj Heda,
Executive Director (International Trade and Risk Management),
BPCL

10:40am

State of Play in Global and Asia Oil Markets

  • Global macro and oil demand outlook
  • Prospects for global oil supply, OPEC+ vs. Non-OPEC+, inventory changes and crude prices
  • State of global oil refining and outlook for crack margins
  • Asia oil market dynamics
  • Impact of energy transition on long-term outlook on oil and refining: Implications for India

Kang Wu,
Global Head of Oil Demand,
S&P Global Commodity Insights

11:05am

Coffee Break


11:20am

India elections update


India's Energy Transition: Policy, Technology, Competitive Landscape

Deepa Kumar,
Head of APAC Country Risk,
S&P Global Market Intelligence

Gauri Jauhar,
Consulting Executive Director - Energy Transition,
S&P Global Commodity Insights

11:45am

Is Upstream poised for supercycle?

The Upstream sector has undergone significant volatility over the past decade with the looming pressures of energy transition casting the biggest challenge to date. However, the reality is that the role of oil & gas continues to demonstrate considerable resilience in the energy mix, with demand continuing to grow and will reach record highs over the next few years. For the industry, this possesses several key questions which this session will aim to address:

  • While the shadow of energy transition looms large, there is a growing sentiment change that the role of oil & gas is essential in the overall energy mix. What are the implications of this sentiment change?
  • Is the disparity of returns between oil & gas and low-carbon, bringing oil & gas back to the forefront?
  • While exploration activity continues to be challenged, is there signs that high impact deepwater exploration is back in play?
  • M&A until recently was muted but with the blockbuster deals in 2023, is this the signal that replacing produced barrels will be done via inorganic M&A?
  • Will sustained increase in costs inhibit the growth in upstream?

Nick Sharma,
Research and Analysis Executive Director,
S&P Global Commodity Insights

12:10pm

Global benchmarks update

State of Commodity benchmarks in the times of geopolitical shifts, environmental focus and evolving trade flows

Pulkit Agarwal,
Head of India Content,
S&P Global Commodity Insights

12:35pm

Global chemicals - Getting set for the next upturn

Garrie Li,
Chemical Insights APAC Lead,
S&P Global Commodity Insights

12:55pm

Closing remarks

Anupam Bagri,
Vice President & Head of India - Commercial,
S&P Global Commodity Insights

1:00pm

Agenda subject to change

Lunch
  • Fuels and Chemicals
  • Energy Transition
  • Utilities and Renewables
  • Dry commodities

Time

Topic

Speaker

2:00pm

Welcome Remarks

Anupam Bagri,
Vice President & Head of India - Commercial,
S&P Global Commodity Insights

2:05pm

Crude market updates

Joel Hanley,
Global Director, Crude and Fuel oil Markets,
S&P Global Commodity Insights

2:30pm

Transportation fuel market update: Gasoline, Gasoil, Jet

Wanda Wang,
Managing Editor, Refined Oil Product Market - Asia,
S&P Global Commodity Insights

2:55pm

Tankers – How long will the firm run continue?

  • Clean, Dirty tanker markets riding the ton-mile demand
  • Remapping of trade flow keeping tanker freight elevated
  • Are shadow fleets still influencing global tanker market

Pradeep Rajan,
Associate Editorial Director, Asia Freight,
S&P Global Commodity Insights

3:20pm

Global petchem feedstock of the future

  • What’s causing the surplus in the naphtha market?
  • How long will the naphtha market overhang last?
  • Is the US NGL production expected to peak and is there enough ethane to support additional crackers?

Ravi Narayanaswamy,
Head of Petrochemical Feedstock,
S&P Global Commodity Insights

3:45pm

Coffee Break


4:00pm

Global chemical industry outlook - Decarbonization pathways for industry

Soumajit Mitra,
Chemical Consulting Director,
S&P Global Commodity Insights

4:25pm

All roads lead to India for the polymer markets

Rishab Joshi,
Associate Editor - Petrochemicals,
S&P Global Commodity Insights

4:50pm

The tussle between gaoline blending and traditional demand and what is means for India

Stuti Chawla,
Associate Editorial Director - Petrochemicals India and Middle East,
S&P Global Commodity Insights

Kamna Kapoor,
Senior Editor - Petrochemicals,
S&P Global Commodity Insights

5:15pm

Polyolefins: Surviving Demand Challenges in an Uncertain Economy 


Aromatics: Gasoline Impact on Value Chain Amid Global Supply Gut 

C4 and Synthetic Rubber: Is It All about China? 


PVC: Are Better Times Just Around the Corner?

Pooja Jain,
Senior Principal Analyst,
S&P Global Commodity Insights

Kate Lee,
Associate Director, Aromatics,
S&P Global Commodity Insights

Otto Dong, 
Director,
S&P Global Commodity Insights

Neetu Singh,
Principal Analyst
S&P Global Commodity Insights

6:05pm

Closing remarks

Anupam Bagri,
Vice President & Head of India - Commercial,
S&P Global Commodity Insights

6:10pm

End of Day


Agenda subject to change

Time

Topic

Speaker

2:00pm

Welcome Remarks

Gauri Jauhar,
Consulting Executive Director - Energy Transition,
S&P Global Commodity Insights

2:05pm

Macro trends in India’s Energy transition story

  • Policies favor the use of fossil fuels and renewables
  • CO2 emissions peak in the 2040s as the economy expands
  • Renewable hydrogen, biofuels, EVs, CCUS in the works

Ruchira Singh,
Editor – Energy Transition,
S&P Global Commodity Insights

2:30pm

CCUS | Regional comparisons of CCUS in the accelerated energy transition

The crucial role of CCUS in reducing carbon emissions has increasingly been recognized by governments and the oil and gas industry. Countries aiming to foster a CCUS industry and companies working to execute CCUS projects ultimately need to develop commercial models that reduce costs, foster an ecosystem of suppliers and contractors, and ensure aligned regulatory structures to enable sustainable CCUS development. This session will explore progress in these areas in APAC compared to other regions:
How does the project pipeline in APAC compare to other regions? What do differences in project size, emitter sectors, project stakeholders, and utilization and storage approaches tell us about emerging commercial models? What differences are evident in the APAC capture technology approaches and suppliers compared to other regions? How is project implementation progressing in APAC compared to other regions? Will utilizing depleted field storage offer effective cost reduction? How will CCS impact the cost competitiveness of LNG projects?

Nick Sharma,
Research and Analysis Executive Director,
S&P Global Commodity Insights

2:55pm

India's progress towards the 2030 cleantech target and emerging manufacturing opportunities

  • Is India on track to 500 GW renewables by 2030
  • India’s cleantech policy landscape
  • Opportunities and key risks for renewable energy
  • India’s growing prominence as a cleantech manufacturing hub

Indra Mukherjee,
Research Director - Renewables,
S&P Global Commodity Insights

3:20pm

The global competitive landscape for Hydrogen & Ammonia

  • What do the latest price trends across regions and feedstock tell us?
  • Competitiveness of hydrogen/ammonia as a fuel
  • Carbon intensity rather than blue/green hydrogen: the road to transparency

Vipul Garg,
Senior Editor, Hydrogen,
S&P Global Commodity Insights

3:45pm

Coffee Break


4:00pm

Hydrogen outlook

  • Global overview
  • Market structure and policies.
  • Unique proposition of additional subsidies provided by the state governments.
  • Levelized cost of hydrogen (LCOH).
  • Hydrogen sectoral demand and supply outlook.

Ashish Ranjan,
Research Analyst, Gas and Power,
S&P Global Commodity Insights

4:25pm

Navigating Carbon Pricing

  • Platts Carbon pricing market trends
  • Addressing quality concerns - ICVCM (pricing impact)
  • Convergence of VCM + CCM - What's the future ahead 
  • Asia's emerging carbon pricing mechanisms - India in focus
  • Article 6.2 - Scope for India

Agamoni Ghosh,
Managing Editor, Carbon Pricing,
S&P Global Commodity Insights

4:50pm

Carbon Analytics

  • Global trends in voluntary carbon markets (VCM supply & demand outlook)
  • India's role in global VCM
  • ICVCM impact on Indian credits
  • Indian Carbon Market & Carbon pricing/scenarios
  • CBAM & its impact

Abhijeet Thakkar,
Asia Carbon Markets Analyst,
S&P Global Commodity Insights

5:15pm

How Platts is bringing transparency to the EAC markets: Asian I-REC markets in focus

  • Understanding EAC markets
  • Platts Asian I-REC assessments
  • Market updates

Ashna Mishra,
Market Engagement Leader - Renewable Energy,
S&P Global Commodity Insights

5:40pm

Decoding low carbon M&As: Trends, Insights, and Key Players

  • Global M&A landscape: Analyzing the trends and exploring strategic shifts
  • Activity hotspots: Regions and sectors driving growth
  • India's low carbon momentum: M&A dynamics and market evolution
  • India's low carbon champions: Key players and their strategic investment priorities

Anushil Roy,
Principal Research Analyst,
S&P Global Commodity Insights

6:05pm

Closing remarks

Gauri Jauhar,
Consulting Executive Director - Energy Transition,
S&P Global Commodity Insights

6:10pm

End of Day


Agenda subject to change

Time

Topic

Speaker

2:00pm

Welcome Remarks

Jai Tiwari,
Relationship Management Director,
S&P Global Commodity Insights

2:05pm

LNG market updates: the return of a state of normalcy

  • Overview of Asia LNG dynamic 2023-2024
  • Changing pricing mechanism for spot and LTC
  • Development of JKM physical forwards

Kenneth Foo,
Associate Editorial Director, Asia LNG,
S&P Global Commodity Insights

2:30pm

Asian LNG markets leading the charge

  • Are we seeing measures of stability returning to the global gas and LNG markets?
  • When will the next LNG supply cycle begin?
  • Trend in contracts signed by Asian buyers.
  • Diverging outlook for the largest LNG importers.

Zhi Xin Chong,
Research and Analysis Director,
S&P Global Commodity Insights

2:55pm

The role of gas/LNG in energy transition in India

  • Russia-Ukraine war shifted India’s focus to energy affordability and security.
  • Government interventions in promoting gas use.
  • What will drive the gas/LNG demand in India?

Akshay Modi,
Senior Analyst, Natural Gas, LNG and Hydrogen,
S&P Global Commodity Insights

3:20pm

India Power & Renewable Market Outlook

  • Key policy and regulatory initiatives that are underway
  • Demand and supply outlook for India – 2024 to 2050
  • Optimal dispatch outlook and trends (including role of gas-based generation)
  • Capture prices for Solar, Wind, and stand-alone storage system (BESS and PSP)

Ashish Singla,
Research and Analysis Director,
S&P Global Commodity Insights

3:45pm

Coffee Break


4:00pm

Streamlining LNG, Power and Renewables data flow with APIs for effortless automation 

Jing Wen Wang,
Datafeed Specialist,
S&P Global Commodity Insights

4:25pm

Biofuels market update

  • Overview of our price assessments and price trends on feedstocks, biofuels
  • Asia market updates on biofuel feedstocks, ethanol, biobunker and SAF

Pulkit Agarwal,
Head of Content - India,
S&P Global Commodity Insights

4:50pm

Biofuel market long term outlook

  • Legislation
  • Biofuel Demand Outlook
  • Biofuel Supply Outlook
  • Feedstock and Technologies
  • Prices

Linda Li,
Senior Agribusiness Commercial Specialist, APAC,
S&P Global Commodity Insights

5:15pm

Global and Indian fertilizer market outlook

Saurabh Patil,
Research Analyst,
S&P Global Commodity Insights

5:40pm

Fertecon low carbon ammonia market outlook

Linda Li,
Senior Agribusiness Commercial Specialist, APAC,
S&P Global Commodity Insights


6:05pm

Closing remarks

Jai Tiwari,
Relationship Management Director,
S&P Global Commodity Insights

6:15pm

End of Day

Agenda subject to change

Time

Topic

Speaker

2:00pm

Welcome Remarks

Asheesh Singh,
Commercial Director - India,
S&P Global Commodity Insights

2:05pm

How is 2024-25 supply/forecast for thermal coal amid energy transition?

  • Impact of geopolitical tensions on prices and in turn Indian imports.
  • What future prospects does rising domestic production/better transportation hold for Indian imports.
  • Need for transparency/accuracy in power prices in India and better avenues for power futures

Pritish Raj,
Managing Editor, Asia Thermal Coal,
S&P Global Commodity Insights

2:30pm

Panel discussion: Indian steel decarbonization and impact of CBAM regulation

  • Challenges facing India in terms of infrastructure for decarbonization
  • Review of regional steel trade flow changes
  • Impact of CBAM on Indian and overseas steel markets

Keith Tan,
Associate Director, Asia Metals Pricing,
S&P Global Commodity Insights

Sumita Layek
Senior Editor, Metallurgical Coal & Coke,
S&P Global Commodity Insights

Agamoni Ghosh,
Managing Editor, Carbon Pricing,
S&P Global Commodity Insights

2:55pm

Carbon intensity of the steel supply chain

Avijoy Sengupta,
Editor - Low Carbon Analyst,
S&P Global Commodity Insights

3:20pm

Coking coal

  • Review of latest spot market changes
  • Discussion of market consultation for the potential for a CFR India price marker
  • Updates on met coal methodology changes

Keith Tan,
Associate Director, Asia Metals Pricing,
S&P Global Commodity Insights

3:45pm

Coffee Break


4:00pm

Iron Ore – Asia’s first global commodity

  • Understanding economic cycles through the lens of iron ore
  • What’s driving financialisation of iron ore
  • Managing risks across the steel value chain on SGX

Tee Yong Tan,
Head of Commodity Derivatives
SGX Group

4:25pm

Grains market update

  • Global rice market outlook and impact of La Nina
  • Global wheat trade trends and outlook

Kesavan Mugunthan,
APAC/EMEA Agriculture Engagement Lead,
S&P Global Commodity Insights

4:50pm

Trends in Food Price Inflation and the Impact on Supply Chains

Patricia Alphonso,
Economist - Food Retail and Manufacturing,
S&P Global Commodity Insights

5:15pm

Container Freight: Navigating unprecedented waters

  • Evolving container markets amid new disruptions
  • Domestic and international policies impacting India
  • Changing alliances in the container shipping market

Tanya Kalra,
Associate Editor, Container Freight,
S&P Global Commodity Insights

5:40pm

Dry Bulk - Will China continue to dictate dry freight markets fortune

  • Impact of EU ETS on Asia Pacific freight market
  • Impact of geopolitics on freight market
  • Trade flow distortion - is this the new normal

Pradeep Rajan,
Associate Editorial Director, Asia Freight,
S&P Global Commodity Insights

6:05pm

Closing remarks

Asheesh Singh,
Commercial Director - India,
S&P Global Commodity Insights

6:10pm

End of day



Agenda subject to change

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