Master class 2: Commodity markets analysis

Master class 2: Commodity markets analysis

Wednesday 27th November 2013 in Copenhagen

The aim of the master class

To give the participants an insight to leading edge commodity market analysis based on the proven Kairos Commodities methodology. The master class will provide an overview and hands-on experience of the different methodologies and the combination of these in order to gain a full understanding of the driving forces in different types of commodity markets.

About the master class leader

Tom Bundgaard is the chief analyst at Kairos Commodities, in charge of commodity price analysis and forecasting. His practical background is 13 years as purchasing manager, buying all kinds of commodities. His theoretical background is a progression of specialization: Academy Economist, a MSTA degree from Society of Technical Analysts in London and finally a Master of Financial Technical Analysis from the US.


08.30–09.00 Registration

09.00–09.45 Introduction to commodity market analysis

  • Commodity prices in a purchasing context
  • Short introduction to commodity risk management

09.45– 2.30 Models of commodity market analysis

  • Business cycle – the macro economy effect on commodities
  • Technical analysis – the timing tool
  • Fundamental analysis – the understanding of the market
  • Financial speculation and the effect on commodity prices
  • Combination of the methodologies

12.30–13.15 Lunch

13.15–14.00 A view on different commodities

  • A rundown of how the models work with all types of commodities

14.00–14.45 Exercise: Participants applying the methodologies to a specific commodity

14.45–15.45 Hedging - strategy and tools

  • Hedging vs. speculation
  • Types of hedging
  • Applying hedging in a purchasing context

15.15–16.00 Wrapping up the day

Time and place

Wednesday 27th November 2013 in Copenhagen
Registration from 8.30am

First Hotel Copenhagen
Molestien 11
DK -2450 Copenhagen SV
Telephone: +45 36 15 51 34


EUR 602,- (DKK 4.475,-) Member of DILF/Kairos subscriber/AERCE/BME
EUR 535,- (DKK 3.975,-) Per extra participant from same company (member of DILF/Kairos subscriber/AERCE/BME)
EUR 804,- (DKK 5.975,-) Not member of DILF/not Kairos subscriber/AERCE/BME
EUR 737,- (DKK 5.475,-) Per extra participant from same company (not member of DILF/not Kairos participant/AERCE/BME)

The fee is inclusive of programme materials and refreshments as stated in the programme.
Full payment is required within eight days from receipt of invoice.
Payment must be received prior to the conference/master class. A receipt will be issued on payment.

VAT will be charged at 25% according to Danish regulation.
Partial refunding can be applied for under certain ciecumstances. Applications are handled by the Danish customs.
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Invoice and confirmation are sent after you registration is received.

Cancellation and substitution

For cancellations received in writing no later than 30 days before the event a fee with a deduction of 10% for administration charges can be refunded. A 50% cancellation fee will be charged for cancellations received in writing no later than 14 days before the event. Cancellations received in writing later than 14 days before the event will not be refunded. Substitution is allowed at no extra charge and the invoice will be corrected according to new participants’ membership status. Please inform DILF of any substitutions.

DILF reserves the right to change or omit event features, dates and venue. In case of changes DILF is not responsible for covering airfare, hotel or other costs incurred by delegates. In case of cancellation the paid fees are refunded, but above mentioned costs are not. DILF reserves the right to decline participants from direct competitors to speakers or sponsors of the event.