Seoul Commodity
Market Insights Forum

Calendar Symbol

May 11, 2017
9 am - 5 pm

Location Symbol

JW Marriott Hotel,
Seoul, South Korea

Location Symbol
S&P Global Platts

S&P Global Platts will be hosting Platts Seoul Commodity Market Insights Forum on May 11, 2017.

Join our senior editors, analysts and news reporters at the forum as they share their insights on key topics affecting the regional and international commodities markets. Exploring in detail the issues facing Asia markets, Platts Seoul Commodity Market Insights Forum also provides the perfect opportunity to ask our editors about Platts price discovery methodologies and benchmarks.

This complimentary event plays a central part in our commitment to further connect the markets, facilitating the exchange of genuine value between you, your peers and Platts.


Speakers

Soo-Young Huh

Soo-Young
Huh

Chairman,
Korea Petrochemical
Industry Association
and President,
Lotte Chemical

Nicole Leonard

Nicole
Leonard

Project Manager, Platts Analytics
Oil & Gas Consulting
S&P Global Platts

Dexter Wang

Dexter
Wang

Editor, Regional
Oil Markets
Development
S&P Global Platts

Cheong Su Yeen

Cheong
Su Yeen

Managing Editor,
Oil Markets
S&P Global Platts

Matthew Chew

Matthew
Chew

Senior Analyst,
Oil Analytics
S&P Global Platts

Marc Howson

Marc
Howson

Senior Managing Editor
S&P Global Platts

Prema Viswanathan

Prema
Viswanathan

Associate Editorial Director, Petrochemicals
S&P Global Platts

Genevieve Soong

Genevieve
Soong

Associate Editor, Petrochemicals
S&P Global Platts

Eriko Amaha

Eriko Amaha

Associate Editor, LNG
S&P Global Platts


Agenda

8:30 am

Registration

9 am

Opening Remarks & Welcome

9:10 am

Presentation by Lotte Chemical Group Vice Chairman

Soo-Young Huh, Vice Chairman, Lotte Chemical Group

9:30 am

Global Crude Outlook and Trends

  • Future supply growth and opportunities – North America and beyond
  • Growing economices in Asia, rise in petrochemical demand, and new environmental regulations – is peak oil demand real?
  • How market fundamentals and non-fundamental factors, like speculative trading, will impact prices in the short- and long-term

Nicole Leonard, Project Manager, Platts Analytics Oil & Gas Consulting

10 am

The impact of OPEC cuts on Middle East sour crudes

  • Market trends and price drivers for Middle East sour crudes in 2017
  • Changes in the refining landscape within Asia
  • The roles of China and India as Asia's major crude importers

Dexter Wang, Editor, Regional Oil Markets Development

10:45 am

Networking Break

11 am

Asian Gasoil 2017: Where does it go from here?

  • Market update – regional supply and demand
    • Asia
      • Refining capacity expansions
      • China: product balance
      • India: production outpacing demand
      • Key buyers: Australia and Phillipines
      • Stockpiles in Singapore
    • Middle East: A surplus story
    • East Africa: A bright spark amid the gloom
    • Europe: On a path to recovery?
  • Key price movements in 2016
  • The Shift to Ultra Low Sulfur Gasoil – readiness and rationale
  • Other methodology updates

Cheong Su Yeen, Managing Editor, Oil Markets

11:45 am

Asia Pacific Oil Demand Outlook

  • Asian Refined Product Overview
  • China – What are the regulatory risks in the horizon
  • Are Southeast Asian Buyers – Indonesia, Vietnam – poised for self-sufficiency?
  • Can India fulfil its role as the New Growth Engine?
  • Where are the regional key refining hotspots?
  • Gasoline vs. Diesel - Where is the trend?
  • Outlook for Asian Refining Margins

Matthew Chew, Senior Analyst, Oil Analytics

12:30 am

Questions and Answer

12:45 pm

Lunch

LNG Session


1:30 pm

Registration

2 pm

Opening Remarks & Welcome

Marc Howson, Senior Managing Editor

2:10 pm

Asia LNG spot market overview

  • Which LNG buyers/markets are currently most active and why?
  • Which LNG suppliers are currently growing and why?
  • Implications of recent LNG/gas price movements and trade flows

Marc Howson, Senior Managing Editor

2:40 pm

Global LNG/gas price outlook for next 5 years

  • Insights into Asia's LNG outlook, including which new/growing markets will absorb the increased supply
  • Impact of US LNG exports
  • Atlantic Basin - arbitrage to Asia?

Nicole Leonard, Project Manager, Platts Analytics Oil & Gas Consulting

3:15 pm

Networking Break

3:30 pm

Growth of Asian LNG derivatives

  • Drivers behind the rising demand for LNG derivatives in Asia
  • Increasing adoption of JKM™ Swaps
  • Evolving changes in LNG pricing, and comparisons to other commodity markets

Eriko Amaha, Associate Editor, LNG

4 pm

2017 Platts JKM™ methodology proposals

  • Overview of current JKM™ and JKM™ Swap methodologies
  • Increasing specificity of Platts LNG methodologies, including location and quality
  • Harnessing technologies to enhance transparency and price discovery processes for Asia LNG

Marc Howson, Senior Managing Editor

4:45 pm

End of Day

 

Feedstock Flexibility: The Push for Petrochemicals Margins

1:30 pm

Registration

2 pm

Opening Remarks & Welcome

Prema Viswanathan, Associate Editorial Director, Petrochemicals

2:10 pm

Strategies for Survival: Will PX, PP exporters face the heat as China boosts capacity?

  • China PX startups to impact South Korean exports
  • CTO/MTO and PDH – the China play in PP
  • Wil China's foray into exports force PP producers to diversify their markets?

Prema Viswanathan, Associate Editorial Director, Petrochemicals

2:40 pm

Petrochemical Feedstocks and Demand

  • Global growth in petrochemical feedstocks, especially from the US, and impact on feedstock prices
  • Overcoming short-term olefin and polymers oversupply on infrastructure buildout
  • Global demand growth and the need for a "third wave" of petchem crackers

Nicole Leonard, Project Manager, Platts Analytics Oil & Gas Consulting

3:25 pm

Networking Break

3:40 pm

Can benzene become a China story in 2017?

  • Global benzene trade flows set to change
  • South Korean exports to China rise, those to US wane
  • Downstream styrene spread robust
  • Is styrene reverse arbitrage to US here to stay?

Genevieve Soong, Associate Editor, Petrochemicals

4:10 pm

Price Assessment Methodology - BZ and PX

  • What are the core principles behind Platts assessment process?
  • How does Platts assess aromatics markets – Sample scenarios for BZ and PX
  • How did trade flow changes result in the launch of the CFR China assessment?
  • What are the PX methodology change proposals?
  • Removal of prompt half-month from market
  • Extending assessment laycans and market forward
  • Removing restrictive port conditions

Genevieve Soong, Associate Editor, Petrochemicals

4:30 pm

Questions and Answers

4:45 pm

End of Day

Agenda subject to change

TIME UNTIL EVENT

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