London, 2 June 2015–The International Cocoa Organization is to run another edition of its successful International Seminar on Futures Markets and Econometric Modelling of the Cocoa Market, this time at the Discovery Kartika Plaza Hotel, Kuta, Bali, Indonesia, 3 – 6 August 2015, the ICCO announced today.
Organized in Bali in conjunction with the Ministry of Trade of Indonesia, these Seminars aim to give policy makers and other stakeholders in the cocoa sector–particularly from the Asian region–an improved understanding of the functioning of cocoa futures markets and an enhanced ability to use econometric models to forecast market developments. The two modules of the Seminar are scheduled to run back-to-back throughout four days.
ICCO staff and international experts with an in-depth knowledge of the subjects will deliver the Seminar training. The Seminar follows up on a number of studies on cocoa price determination and the functioning of the cocoa markets published by the Organization’s staff in recent years, and the ICCO also has built a sophisticated econometric model on the world cocoa economy and publishes regular forecasts on cocoa supply and demand based on it.
Both module topics already have been the subject of well received seminars held at the ICCO headquarters in London, and subsequently in Guayaquil (Ecuador) and in Abidjan (Côte d’Ivoire).Full details of the Seminar, including the content, presenter biographies, schedule, accommodation options and a registration form, are available to download here.