Responsibilities and Market Analysis

Which of the following categories is not a responsibility of Inge Jochems?

• Asian alcohols

• Asian Oleochemicals

• European alcohols

• European oleochemicals

Who is the first contact for Asian refined oils?

• Michelle Tan

• Annie Lim

• Robin Claes

• Ivy Peik

Annie Lim takes care of leading the Asian team, palm oleochemicals and Asian…

• Subcontracting (tolling)

• Non palm oleochemicals

• Lecithin

• Castor Fatty Acids

What was the direct spend handled by the team in 2022? (+/-)

• 500 million EUR

• 600 million EUR

• 700 million EUR

• 800 million EUR

It’s the first of January. There is a shortage of palm oil in the market on spot months.

Low stocks and market expects a low production for Q1. Oleon is already sold out for Q1 but you bought only 30% of this volume.

Q2 is trading at a discount to Q1 as a decrease in demand and increase in production is expected in Q2.

Which statements are true about the market situation described? (2 answers needed)

• The spot market is bullish

• The spot market is bearish

• You are short on Q1

• You are long on Q1

It's beginning of Q1. Stocks of soybean oil are very low but in Q2 a record South-American crop is expected to enter the market, giving a discount on Q2. How would you describe this market?

• Long

• Short

• Inverse

• Carry

It’s the end of September. The market has been expecting a Palm oil production increase in September with 10% which caused prices to decrease for the last 4 weeks to a 3 month low on spot and Q4 prices. Production is expected to decrease in October and we expect a price increase on Q4 in the coming months.

Sales however are slow, only 10% of the forecast is in the orderbook for Q4 but sales expects to reach the forecast. You bought nothing yet on Q4.

Sales wants to take position and protect against a price increase, which position should you take on Q4?

• Long

• back2back

• Short

• None of the above

Which crop has the lowest protein content?

• Linseed

• Rapeseed

• Soybean

• Palm fruit

Which crop has the highest protein content?

• Linseed

• Rapeseed

• Soybean

• Palm fruit

Due to low prices, BASF has put their major petrochemical plant in Brazil in maintenance. Which market driver are they mainly trying to manipulate?

• 1.Currency rate of the Real vs USD

• Demand

• Supply

• Crude oil prices