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E-Malt.com newsletter - January 22, 2002

Dear, e-malt Reader
You are a registered client or a potential client of www.e-malt.com.

Hereby we wish to invite you to view our weekly newsletter:

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Weekly newsletter
Week Jenuary 21 - 27, 2002
Summary

  1. Trading info
  2. Theoretical malt prices
  3. Malting barley prices
  4. Industry news


1. Trading info

Actually there are 1000 tons of malt available for immediate sale on www.e-malt.com

  • 400 mtons of malt, 6rW Esterel, crop 2001, in bulk, delivery first quarter of year 2002; at EUR 242,-/mton, FOB Antwerp;
  • 600 mtons of malt, 6rW Esterel, crop 2001, in bulk, delivery first quarter of year 2002, at EUR 251,-/mton, FOB Antwerp.


2. Theoretical Malt prices

  EURO = USD 0.88331 January 22, 2002 
Crop year  2001 
Parity  FOB Antwerp 
Position  Jan 2002-Sept 2002 
Conditioning  Bulk   In bags  Bulk containers  In bags in containers 
Malting barley variety  EURO  USD  EURO  USD  EURO  USD  EURO  USD 
2RS  Prisma  297.00  262.50  312.50  276.00  309.50  273.50  318.50  281.50 
2RS  Scarlett  296.00  261.50  311.50  275.00  308.00  272.50  317.50  280.50 
2RS  Aspen  296.00  261.50  311.50  275.00  308.00  272.50  317.50  280.50 
2RS  Optic  294.50  260.50  310.00  274.00  307.00  271.00  316.00  279.50 
2RS  Nevada  293.50  259.00  308.50  272.50  305.50  270.00  315.00  278.00 
2RS  Astoria  293.50  259.00  308.50  272.50  305.50  270.00  315.00  278.00 
2RS  Cork   292.00  258.00  307.50  271.50  304.50  269.00  313.50  277.00 
2RS   Average price  295.00  260.50  310.50  274.00  307.50  271.50  316.50  279.50 
2RS  FAQ  291.00  257.00  306.50  270.50  303.50  268.00  312.50  276.00 
6RW  Esterel   275.50  243.50  291.00  257.00  288.00  254.50  297.00  262.50 


Theoretical malt prices for crop 2002 are available on the site www.e-malt.com


3. Malting barley prices, French barley prices


EURO = USD 0.88331 January 22, 2002 
 Crop year   2001   2002 
 Parity   FOB Creil   FOB Creil 
 Position   July 2001   July 2002 
Type   Variety  EURO  USD  EURO  USD 
2RS  Prisma  135.00  119.50  nq  nq 
2RS  Scarlett  134.00  118.50  140.00  124.00 
2RS  Aspen  134.00  118.50  140.00  124.00 
2RS  Optic  133.00  117.50  139.00  123.00 
2RS  Nevada  132.00  116.50  138.00  122.00 
2RS  Astoria  132.00  116.50  138.00  122.00 
2RS  Cork   131.00  116.00  nq  nq 
6RW  Esterel   119.00  105.50  119.00  105.50 
6RW  Maeva  118.00  104.50  nq  nq 
nq - Not quoted

Prices for Danish and UK malting barley are available on the site www.e-malt.com


4. Industry news

South African Breweries (SAB) has reported that beer volumes in South Africa are slightly increasing. Nevertheless, profit growth will be affected by devaluation of the rand which has fallen by 37% towards the dollar over the last year. .....[www.e-malt.com]

Carlsberg Asia, the subsidiary of the Danish brewing giant, has increased its stock in the South Korean Hite brewery by another 8.4% for about US$68m. Hite is South Korea's biggest brewery with a market interest of 54% and will be consolidated as a joint company. This action increases Carlsberg Asia shareholding in the biggest South Korean brewery to just above 35% and improves Carlsberg Asia's position as one of Asia's largest brewery groups. .....[www.e-malt.com]


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22.01.2002
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