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E-Malt.com newsletter - April 22-28, 2002

E-Malt.com weekly newsletter
Week April 22 - 28 , 2002
Summary

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

1. Trading info

At this moment there is a demand for 2000 tons of barley on the trading portal www.e-malt.com (See please the barley request with the code BR2204O1643)

  • 2000 mtons of barley, 2RS, Scarlet, crop 2002, in bulk, delivery first half of year 2003 , at EUR 131.00/mton, FOB Creil

2. Industry news

Heineken intends to adopt another,improved strategy for getting the leading position on the Chinese beer market, as the present strategy which was mainly based on the promotion of premium Heineken brand did not bring the expected results. For redressing this situation and for being able to be the first in China, Heineken plans to buy local beer brands .

Warsteiner Brauerei Haus Cramer, the first brewery from Germany, has increased its beer prices on the 1st of April and it already feels the effect of this augmentation. The beer sales have begun to fall and this happens after an important growth of beer sales registered by Warsteiner in the first quarter of this year. This Saturday at a press conference in Dortmund, the brewer which holds a sure share of 7% in the German beer market, has expressed its point of view on this situation. According to Warsteiner this drop is a temporary effect of the price increase and this will be, according to its own estimations, followed, by a rise in sales of 1%. Furthermore besides this anticipated growth, Warsteiner also expects an increase of EUR 15 mln in its turnover as a result of this price rise. Warsteiner mentioned as well ........[www.e-malt.com]

Femsa , the largest Mexican brewery has announced that it will make public its financial results for the first quarter of 2002 on the 25 th of April 2002 at 12:00 p.m. Eastern Time. The conference will be webcast by CCBN and could be accessed at the brewer official website by all those interested.
Femsa is the first brewery in Mexico and one of the largest in Latin America having its markets in ........[www.e-malt.com]

Denmark's Central Customs and Tax Administration released a report which has shown that for the month of January 2002, Danish beer sales rose by 3,3%.This is an encouraging information as .........[www.e-malt.com]

3. Theoretical malt prices.


  EURO = USD 0.8932 April 25, 2002 
Crop year  2001 
Parity  FOB Antwerp 
Position  Apr 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  287.50  256.50  303.00  270.50  299.50  267.50  309.00  276.00 
2RS  Scarlett  286.50  255.50  301.50  269.50  298.50  266.50  307.50  275.00 
2RS  Aspen  286.50  255.50  301.50  269.50  298.50  266.50  307.50  275.00 
2RS  Optic  nq  nq  nq  nq  nq  nq  nq  nq 
2RS  Nevada  282.50  252.50  298.00  266.00  295.00  263.50  304.00  271.50 
2RS  Astoria  281.50  251.50  296.50  265.00  293.50  262.50  303.00  270.50 
2RS  Cork   282.50  252.50  298.00  266.00  295.00  263.50  304.00  271.50 
2RS   Average price  284.50  254.50  300.00  268.00  297.00  265.50  306.50  273.50 
2RS  FAQ  280.00  250.00  295.50  264.00  292.50  261.00  301.50  269.50 
6RW  Esterel   268.00  239.50  283.50  253.50  280.50  250.50  289.50  258.50 

Theoretical malt prices for crop 2001 and 2002 are available on the site www.e-malt.com

4. Malting barley prices, French barley prices


EURO = USD 0.8932 April 25, 2002 
 Crop year   2001   2002 
 Parity   FOB Creil   FOB Creil 
 Position   July 2001   July 2002 
Type   Variety  EURO  USD  EURO  USD 
2RS  Prisma  123.00  110.00  135.00  120.50 
2RS  Scarlett  122.00  109.00  134.00  120.00 
2RS  Aspen  122.00  109.00  134.00  120.00 
2RS  Optic  nq  nq  132.00  118.00 
2RS  Nevada  119.00  106.50  nq  nq 
2RS  Astoria  118.00  105.50  126.00  112.50 
2RS  Cork   119.00  106.50  nq  nq 
6RW  Esterel   112.00  100.50  112.00  100.50 
6RW  Maeva  nq  nq  nq  nq 
nq - Not quoted
Prices for Danish and UK malting barley are available on the site www.e-malt.com


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24.04.2002
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