Commodities, Derivatives and Structured Products

Commodities - Part 11


This course consists of two modules on types of commodities. Module 1 examines the process of converting natural gas to LNG, how the industry is evolving, and the challenges and opportunities that face it in the future.

Module 2 covers Petrochemicals – sometimes abbreviated as “petchems” – are a set of chemical compounds that fuel a wide array of products that are integral to modern economies and societies. This module describes the major groups of petrochemicals, including the chemistry behind the groups, how they are made and used, and how they have become a tradable commodity class in their own right.


On completion of this course, you will be able to:
- Identify the processes undertaken to convert raw natural gas to LNG
- Recognise the key factors behind LNG supply and demand
- Outline the role of pricing hubs in terms of natural gas as a traded commodity and the movement to long-term contract
- Recognise the importance of understanding the chemistry associated with petrochemicals and the olefin manufacturing process
- Identify the different petrochemical groups, including their feedstocks and main products
- Outline how petrochemicals are priced in the market


Module 1: Commodities - LNG
Topic 1: Overview of LNG
Topic 2: Supply & Demand
Topic 3: LNG Contracts & Pricing

Module 2: Commodities - Petrochemicals
Topic 1: Overview of Petrochemicals
Topic 2: Ethylene & Polyethylene
Topic 3: Propylene & Polypropylene
Topic 4: Polyethylene Terephthalate
Topic 5: Other Petrochemicals
Topic 6: Petrochemical Pricing


Relevant Subject
Type 2 - Dealing in futures contracts
Type 5 - Advising on futures contracts
SFC:1.50, PWMA:1.50
Chinese Securities Association of Hong Kong (HKCSA): HK$505
Staff of Corporate Member: HK$480
Non-Member: HK$720
All Member: HK$480