Commodity markets masterclass

This half day commodity markets masterclass explores commodity pricing in procurement, with a focus on oil, diesel, energy and base metals. These commodities are commonly referenced in procurement contracts that include pricing mechanisms linked to recognised market benchmarks.

Designed as an introductory and educational session, the masterclass provides a practical overview of how commodity markets operate, how prices are determined, and the role hedging can play in managing price risk. Participants will build awareness of commodity pricing concepts and develop a greater understanding of pricing transparency, supporting the use of fair, transparent, and market-based pricing approaches in contracts. The session will also explore how commodity price movements can impact budgets, project costs, and long-term procurement outcomes.

What are the course learning outcomes?

By the end of this masterclass, participants will be able to:

Explain the key drivers of commodity prices and the role of market benchmarks in commodity-linked contracts.
Describe common approaches to managing commodity price risk, including physical contracts, futures and over-the-counter hedging solutions.
Identify considerations for assessing pricing transparency, managing budget impacts and supporting informed procurement decisions

What core topics are offered?

Commodity markets and pricing fundamentals
Commodity price risk and hedging strategies
Procurement and execution considerations

Who is this course suited to?

This course is designed for financial analysts and professionals in Treasury, Procurement, and local government.

What does my course schedule look like?

This course is delivered in-person for a half day and includes an economic update. Morning tea and lunch are provided.

Day 1: half day, in-person