The market for sugar is highly volatile, influenced to a large extent by harvest periods, adverse or unusual weather conditions and crop infestation.  The recent trend of using sugar to produce ethanol has further accentuated fluctuations in demand for sugar, which is also affected by increasing price of crude oil.  In other words, a trend which is likely to continue into the future, gathering momentum and speed, is the volatility of trading in sugar as demand versus supply becomes even more unpredictable. 

While the landscape shifts and alters, you need to run your business in a profitable manner, for which you need the advantage of knowledge – knowledge which knows, powers and controls the operational and business decision making processes.  Managing large volumes of physical trading of sugar in its different forms like raw and white, refined and super- refined across multiple origins, is a difficult, complicated process.  You need knowledge to manage and consolidate your entire business, covering trading, operations and deliveries across multiple locations, production, hedging, risk management, position, mark to market and P&L. 

Eka’s CTRM solution for sugar has been designed keeping you in mind.  Our domain knowledge gives you the advantage of managing your entire contracts get organized and your positions, P&L and exposures tracked per customer, supplier, product, location or delivery period. Sugar specific requirements such as handling of polarization and other premiums and discounts, recording of quality analysis reports, calculation of final prices and invoices based on that, mark to market calculations, handling of white sugar premiums, etc, are easily managed in the system. Operational efficiency improves by sharing of data across departments, thereby eliminating duplication of effort in data entry.  Cargo statuses and costs are tracked in real time, with the COGS values updated based on either accrued or actual costs. Flexible position reporting is combined with highly accurate P&L calculations that ensure completeness and accuracy of information. Documentation is simplified through a comprehensive repertoire, right from nominating vessels or booking containers, issuing instructions, advices and release orders. Invoices are generated and payments tracked in real time.

Eka thus gives you the flexibility to control your position by desk. It can be configured in such a way that senior managers can get a global perspective of the entire business across commodities and line access to information relevant for their operations. In other words, we will give you the power of knowledge which is an unfailing way to always remain in control.