{"id":7318,"date":"2020-07-24T07:42:34","date_gmt":"2020-07-24T07:42:34","guid":{"rendered":"https:\/\/bartalks.net\/?p=7318"},"modified":"2020-12-28T16:24:32","modified_gmt":"2020-12-28T16:24:32","slug":"cocoa-association-of-asia-introduces-an-online-course","status":"publish","type":"post","link":"https:\/\/bartalks.net\/cocoa-association-of-asia-introduces-an-online-course\/","title":{"rendered":"COCOA ASSOCIATION OF ASIA INTRODUCES AN ONLINE COURSE (UPDATED)"},"content":{"rendered":"\n

Cocoa Association of Asia<\/a> and Singapore Management University<\/a> has introduced an online course called “Introduction of Cocoa Trading”, which they claim is the first of its kind in Asia.<\/p>\n\n\n\n

The Cocoa Trading Programme will happen on 5-6 November 2020. This two-day foundational course is intended for new entrants to the Cocoa industry wishing to build up their knowledge. The course is priced at $950<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

This course provides individuals who have had little or no experience with cocoa, to develop competencies, skills, and knowledge needed for a career in this industry.<\/p>\n\n\n\n

Upon completion of the programme, participants will appreciate the value of Cocoa throughout history fully, develop a deeper understanding of the commodity, the manufacturing process, know-how the cocoa trading chain functions, and risk management.<\/p>\n\n\n\n

There is not much information we could find on the website, which is unfortunate. But we requested a brochure and now can confirm the course will be run by Deborah Lim with the listed bio saying:<\/p>\n\n\n\n

Deborah is an industry veteran with more than 40 years of experience in the trading of commodities such as Rubber, Metals, Cocoa and Coffee. Deborah joined Lewis & Peat, a global commodity trader, in 1981. Her passion for cocoa trading has taken
her all over the world where she gained vast knowledge of and experience in the entire value chain.<\/p>\n\n\n\n

Deborah served on the board of Lewis & Peat Singapore and United Polymer Sdn Bhd Malaysia in 1986 and was the Head of Cocoa, Asia Pacific. She then started ICBT Far East, a physical cocoa and coffee physical broker, in collaboration with ICBT Ltd. UK and subsequently founded Cocotique Pte Ltd, an international cocoa trading company.<\/p>\n\n\n\n

She has taught Cocoa Trading on the ITI@SMU since 2008 and was instrumental in pioneering the first cocoa programme for undergraduates on the International Trading Track in the Singapore Management University.<\/p>\n\n\n\n

The Curriculum is as follows:<\/p>\n\n\n\n

Phase 1 – Introduction<\/h2>\n\n\n\n
  • Introduction\u00a0\u2010Brief\u00a0history\u00a0of\u00a0cocoa<\/li>
  • Expansion\u00a0between\u00a0the\u00a018th\u00a0and\u00a019th\u00a0Century\u00a0and\u00a0first\u00a0modern\u00a0Bar\u00a0<\/li><\/ul>\n\n\n\n

    Cocoa\u00a0growing\u00a0regions\u00a0<\/h3>\n\n\n\n
    • Where\u00a0they\u00a0are\u00a0grown\u00a0<\/li>
    • Significant\u00a0producing\u00a0countries\u00a0<\/li>
    • Varieties\u00a0of\u00a0cocoa\u00a0<\/li><\/ul>\n\n\n\n

      Supply\u00a0and\u00a0demand\u00a0<\/h3>\n\n\n\n
      • Top\u00a0producing\u00a0countries\u00a0<\/li>
      • Producers\u2019\u00a0pattern\u00a0of\u00a0growth\u00a0<\/li>
      • Crop\u00a0surpluses\u00a0\/deficit\u00a0<\/li>
      • World\u00a0production\u00a0&\u00a0grinds\u00a0vs.\u00a0supply\u00a0and\u00a0demand\u00a0<\/li>
      • Asian\u00a0production\u00a0<\/li>
      • Asian\u00a0grind\u00a0<\/li>
      • Important\u00a0fundamental\u00a0&\u00a0technical\u00a0factors\u00a0<\/li><\/ul>\n\n\n\n

        Phase 2 – Farm to Manufacturing<\/h2>\n\n\n\n

        The\u00a0physical\u00a0supply\u00a0chain\u00a0<\/h3>\n\n\n\n
        • Cultivation\u00a0<\/li>
        • Two\u2010crop\u00a0harvest\u00a0<\/li>
        • Diseases\u00a0<\/li>
        • The\u00a0supply\u00a0chain\u00a0<\/li>
        • Shipping\u00a0documentation\u00a0<\/li>
        • Example\u00a0of\u00a0a\u00a0contract\u00a0<\/li>
        • Basic\u00a0quality\u00a0note\u00a0<\/li><\/ul>\n\n\n\n

          The\u00a0manufacturing flow\u00a0<\/h3>\n\n\n\n
          • Quality\u00a0checks\u00a0on\u00a0beans\u2019\u00a0arrival\u00a0<\/li>
          • Fluctuating\u00a0beans\u00a0characteristics\u00a0<\/li>
          • Production\u00a0flow\u00a0<\/li>
          • Pricing\u00a0<\/li><\/ul>\n\n\n\n

            The\u00a0international\u00a0trade\u00a0<\/h3>\n\n\n\n
            • Incoterms\u00a0<\/li>
            • Common\u00a0terms\u00a0used\u00a0in\u00a0Cocoa\u00a0Trading\u00a0<\/li>
            • Trade\u00a0Associations\u00a0<\/li>
            • Association\u00a0rules\u00a0commonly\u00a0used\u00a0<\/li>
            • Why\u00a0do\u00a0Associations\u00a0exist?\u00a0<\/li>
            • Dispute\u00a0referred\u00a0to\u00a0arbitration,\u00a0process\u00a0and\u00a0appeal\u00a0<\/li><\/ul>\n\n\n\n

              The Futures Exchange<\/h3>\n\n\n\n
              • Exchanges\u00a0and\u00a0its\u00a0market\u00a0participants\u00a0<\/li>
              • Benchmarking\u00a0<\/li>
              • ICE\u00a0USA\u00a0and\u00a0Europe\u00a0<\/li>
              • Margins\u00a0<\/li>
              • Market\u00a0participants\u00a0<\/li>
              • Trading\u00a0the\u00a0Futures\u00a0in\u00a0relation\u00a0to\u00a0physicals\u00a0<\/li>
              • Reading\u00a0a\u00a0cocoa\u00a0market\u00a0report\u00a0<\/li><\/ul>\n\n\n\n

                Commodity Finance<\/h3>\n\n\n\n
                • What\u00a0is\u00a0Trade\u00a0Finance?\u00a0<\/li>
                • At\u00a0origin\u00a0<\/li>
                • On\u00a0inventory\u00a0<\/li>
                • Afloat\u00a0<\/li><\/ul>\n\n\n\n

                  Payment Terms<\/h3>\n\n\n\n
                  • Letter\u00a0of\u00a0Credit\u00a0<\/li>
                  • Cash\u00a0against\u00a0documents\u00a0<\/li>
                  • Cash\u00a0against\u00a0delivery\u00a0<\/li>
                  • CAD\u00a0on\u00a0trust\u00a0via\u00a0TT<\/li><\/ul>\n\n\n\n

                    Anatomy\u00a0of\u00a0Trade\u00a0<\/h3>\n\n\n\n
                    • Hypothetical\u00a0trade\u00a0exercise\u00a0<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"

                      Cocoa Association of Asia and Singapore Management University introduced an online course.<\/p>\n","protected":false},"author":7,"featured_media":7319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1701],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/7318"}],"collection":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/comments?post=7318"}],"version-history":[{"count":0,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/7318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media\/7319"}],"wp:attachment":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media?parent=7318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/categories?post=7318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/tags?post=7318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}