Haute école de gestion de Genève

An analysis of costs and margins in the value chain of Fair Trade coffee : is Fair Trade fair to the consumer?

Naef, Adrien ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2020 ; TDIBM 66.

In this Bachelor Thesis, we research the role of the different actors of the value chain of coffee and their share of the value of the coffee that is finally sold to end- consumers. We then analyse and compare the various costs and margins incurred by Fair Trade and regular coffee. The aim of this research is to better understand how value is allocated in the final retail price of coffee sold...

Haute école de gestion de Genève

Assessment of principal risks related to the acceptance of letters of indemnity in oil trading

Ruzieva Celik, Khilola ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2015 ; TDEE 284.

As oil became a globally traded product traders learnt to maximize their profits by moving energy commodities around the globe. Globalisation and technological development, besides having a durable positive effect on international maritime trade often triggers enormous risks. As much as financial institutions and big trading companies are trying to reconcile national differences between sourcing...

Haute école de gestion de Genève

Can reputation risk related to Glencore's activities in the DRC be an impediment to making an investment or indeed to sell one's shareholding stake in Glencore ? : Can this reputation risk undermine Glencore's share price and if so to what extent ?

Grosjean, Julien ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2020 ; TDIBM 81.

The research objective of this report is to show the impact of reputation risk linked to Glencore’s activities in the DRC. In order to measure the impact of reputational risk, a focus is made on Glencore’s share price. In the first part of this report, the introduction helps the reader to get important contextual information about Glencore’s background and activities in the DRC. An emphasis...

Haute école de gestion de Genève

Commodity trading : the role of physical assets acquisitions for energy trading companies

Crisafulli, Malik ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2014 ; TDEE 233.

Commodity trading companies exist because natural resources are not well allocated. Producing countries are not those that consume the most, and the largest consuming regions are not supplied enough by their own natural resources reserves. In order to smooth out regional imbalances and fulfil supply and demand mismatches, commodity traders have to perform several activities in the supply chain....

Haute école de gestion de Genève

The financial and economic impact of the U.S. government shutdown of October 2013 on trade and the role of information in commodities trading

Messerli, Aurélie ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2015 ; TDEE 281.

The role of information on the markets is crucial as its purpose is to make the trade more efficient and transparent. The data are released by different sources and each market participant has to be able to sort them out and chose the ones that are more relevant for their activities. For most of the professionals, the data coming from the U.S. Government are the original and most reliable source...

Haute école de gestion de Genève

Implementation of smart contract in the Liquefied Natural Gas trade

Sananes, Gary ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2019 ; TDIBM 61.

In this Bachelor thesis, we will study all the key aspects for the implementation of a smart contract for a Liquified Natural Gas (LNG) trade. As starting point, a brief introduction about LNG is written to realise the specificities of the commodity traded. Then, smart contracts will be presented as well as its fundamental goal and the key concerns about how English law is regulating them....

Haute école de gestion de Genève

Implications of the Qingdao metals scandal for commodity repurchase agreements

Minko, Dmitry ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2016 ; TDIBM 10.

In May 2014, it was discovered that Dezheng Resources, a Chinese trading company, had multiple warehouse receipts issued for metal stored in the ports of Qingdao and Penglai in Shandong province. Approximately 400’000 tons of alumina, aluminium and copper worth around $380 million were used to obtain $4.2 billion in financing from 18 Chinese and 7 international banks. The fraud was discovered...

Haute école de gestion de Genève

Liquidity analysis in the LNG market, illustrating the stakes to become a mature commodity market

Millet, Ludovic ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2020 ; TDIBM 89.

With the environmental considerations being at the heart of the decade, and the energy industry being regarded as a negative contributor, more environmentally friendly ways to power generation are being studied. However, fossil energies are still a major contributor to power generation, and greener substitutes face a hard time to be commercialised at big scale. Natural gas, a fossil energy...

Haute école de gestion de Genève

Marketing Nigerian light and sweet crudes in a world increasingly geared towards heavier and more sour crudes

Cole, Tanya Kedisha ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2016 ; TDIBM 4.

The Nigerian crude Oil Market has been facing difficulties in Marketing their light and sweet crudes on a global scale. These difficulties are the consequences of changes in trend in the Oil Market Industry, such as changes in the global oil refining landscape, highly increase competition from one of its key exporting partner and with the increase in demand shifting to the Middle East and Asia,...

Haute école de gestion de Genève

Saudi Arabia : too big to hedge?

Jusufi, Ariana ; Piller, Robert (Dir.)

Mémoire de bachelor : Haute école de gestion de Genève, 2018 ; TDIBM 38.

Oil prices reached low levels in 2016. As a consequence, many countries dependent on oil revenues experienced significant budget deficits. Saudi Arabia, for which oil revenue accounts for more than 80% of national income, chose to implement a fiscal reform to reduce its oil dependency. Although fiscal reform is a good strategy for the long run, the solution does not take into account price risk;...