Miscellaneous
Bunge Operations
Destinations
Sugar
Global Markets
100
What is the largest crushing plant in the world, and where is it located? (Marcelo)
Terminal 6 in Argentina
100
What is average rona of TSF in past 10 years? (Jay)
15-50%
100
What is the most populated country in SSA? (Anita)
Nigeria
100
What is the main difference between raw sugar and brown sugar? (Jorge)
Raw is unrefined, brown is refined with molasses added for color
100
What does GAFTA stand for (Nam)
Grain and Feed Trade Association
200
What is the difference in how Bunge's grids and USDA's WASDE are calculated? (Luis)
Equilibrium price (USDA) vs. Imbalance in the SnDs (Bunge)
200
Name 4 skills mentioned by Christos Dimopoulos that traders must have (Victor)
Open Minded Able to perform under pressure Share experiences/communicative Hungry Analytical
200
What country is the largest importer of wheat in the world? (Patrick)
Egypt
200
Raw sugar and white sugar- what are the traded futures contracts? (Jay)
NY11 and ICE5
200
What percentage of US corn production is used to make Ethanol? (Jorge)
36%
300
What are the prequisite conditions to declaring force majeure? (Nam and Luis)
- Unforeseeable - Unavoidable - Unsurmountable
300
Bunge focus has been to fill gaps and create new flows. Why are we invested in ports and which regions does the Nikolayev facility serve? (Giaco)
Bottlenecks EU, MENA and Mediterranean Regions
300
Bunge has a winning global grain footprint in origination and export with strong position in key regions. How much market share does the Middle East Region have? (Giaco)
~25%
300
How long a sugarcane crop can last in Brazil and India? (Marcelo)
Brazil – 5 years India – 2 years
300
What is the icumsa of white sugar? (Nam)
<45
400
MV TraineesRAwesome has deadweight 74000 metric tons, 90,000 cubic meters cargo space, 64 tpc and 14.5m draft. How much corn (50 stow factor- cubic feet per tons) can it carry to Santos with river depth 12m assuming constants of 3000 tons?
55000 tons
400
What’s the volume of grains, minerals and relets Bunge has moved (Marcelo)
Agri 39.7 Mineral 21.8 Relets 8
400
Name the countries surrounding the Black Sea, and name which are net importers of grains. (Marcelo + Anita)
Russia, Ukraine, Georgia, Romania, Bulgaria, Turkey. Turkey and Georgia
400
How many sugar mills does Bunge have in Brazil? How many are purely for ethanol? (Patrick)
8 2
400
Who are the three major producers of Ethanol in the world? (Giaco)
US, Brazil and China
500
Assume you are a member of BPL. A Chinese buyer is in the market for 60,000 mt of No.2 beans delivered within 60 days. No. 2 YSB FOB USG is offered by BNA at +100SH, and both Brazil and Argentina have 90 day waiting times at port. The only vessel available to you is the MV Princess, currently located in Rotterdam and daily hire will be $10,000. Please calculate a CNF price in USD to China for the buyer. SH settled today at $10.00 (bushels) Bunkers are offered at $300/mt Vessel will steam @ 10mph, 50mt bunkers/day Vessel consumes 10mt bunkers/day in port Rotterdam to NOLA is 4000 miles USG to Tianjing is 8000 miles Load time: 8 days WWDSSHINC
Beans: 10+1.00=$11/bushel=404.14/mt 58 days to reach China- 50 on the water, 8 in port Hire: 58*10,000=580,000 Bunkers: 50*50+8*10=2580 mt bunkers*300/mt=774,000 774,000+580,000=1,354,000 in freight/60,000mt=22.57 freight/mt CNF price=404.14+22.57=426.71/mt
500
Describe the linkage between corn, wheat, ethanol, gasoline, sugar and biodiesel
Corn and wheat are feed substitutes Corn is used to produce ethanol, with 2.8 g/bu production Ethanol is used to blend into gasoline, up to 10% Biodiesel is another gasoline blend Sugarcane can produce either sugar or ethanol Biodiesel produces RINS which can increase/decrease ethanol blends due to price
500
Why has Bunge Iberica been so successful?
Strong market share (60%) Market protection due to crush assets- importing beans vs meal gives "free" oil Luck (acquisition of previously "unwanted" crush plants)
500
How many tons of sugar does bunge originate in brazil and Thailand (Jorge)
Brazil 4.5-5 million tons Thai 1.5-2 million tons
500
What are the traded contracts for raw and white sugar? (Jay)
NY11 and ICE5
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