E-Malt.com weekly newsletter
Week June 10-16, 2002
Summary
1. Industry news. 2. Malt markets and prices. 3. Malting barley prices.
1. Industry news
Heineken is in conflict with Beverage Associates (BAC) Corp and Quilmes
Industrial (Quinsa) S.A- its subsidiary and has already sued them at the
International Chamber of Commerce in Paris .
The cause that has generated this dispute was the conclusion of a
transaction by Quinsa and BAC with the Brazilian brewery Ambev, which
grants Ambev the right to purchase the BAC's stake in Quinsa and to
introduce its operations and brands in Argentina, Paraguay, Uruguay and
Bolivia.
The Heineken's discontentment results from the fact that
........[www.e-malt.com]
A fierce price war is escalating in Japan. After important Japanese
breweries such as Suntory, Sapporo, Asahi have diminished the prices for
their happoshu brands , another brewery- Kirin has announced about his
intent to reduce the price for its happoshu brand "Tanrei".
According to the Kirin's statement , from the 21st of June ,a 350 ml can
of "Tanrei" will no longer cost Y145 but Y135. And this is not the
single reduction which Kirin intends to accomplish in this season, the
brewer has said also
.......[www.e-malt.com]
Belhaven Brewery Group from Scotland has announced that for this year its
turnover has increased by 25% to EUR 69 mln and its pre-tax profit rose
by 23 % to EUR 9,2 mln .
Besides this good news , the Scottish brewer has revealed that it had
concluded a supply and distribution contract with Tennent Caledonian
Breweries (TCB) .
According to the new signed contract .......[www.e-malt.com]
Saku Olletehas, an important Estonian brewery , undertakes action to bring
Carlsberg brand on the first positions on the Estonian beer market.In
order to attain this goal , Saku Olletehas has launched a new line of
Carlsberg beer. The bottles from this line are of half liter and returnable.
In 2001 Spain has produced and sold more beer than it did last year. In
this year Spanish beer production has registered a growth of 4,9% and has
reached the volume of 27.7mln hectoliters while beer sales have amounted to
26.96 mln hectoliters which is an year -on-year increase of 4,7%.
After SAB has bought the American Miller and formed by this merger the
second largest brewer in the world , Belgian Interbrew , has fallen on the
third place in the world top of brewers.
This event is considered to be the main cause of an intention
appertaining to an important group of family shareholders that wish to
dilute their shareholdings in Interbrew . By this measure, they want
.......[www.e-malt.com]
2. Malt markets and prices.
Domestic EU business has been quiet this past week. The few groups who still need to buy are carefully following the downward trend of the barley markets.
Latin America has started inquiries for delivery first half 2003.
Theoretical malt prices for crop 2001 and 2002 are available on the site www.e-malt.com
3. Malting barley prices, French barley prices
| EURO = USD 0.9441 June 13, 2002 |
| Crop year |
2002 |
| Parity |
FOB Creil |
| Position |
July 2002 |
| Type |
Variety |
EURO |
USD |
| 2RS |
Prisma |
130.00 |
123.00 |
| 2RS |
Scarlett |
127.00 |
120.00 |
| 2RS |
Aspen |
127.00 |
120.00 |
| 2RS |
Optic |
126.00 |
119.00 |
| 2RS |
Nevada |
126.00 |
119.00 |
| 2RS |
Astoria |
122.00 |
115.50 |
| 2RS |
Cork |
nq |
nq |
| 6RW |
Esterel |
108.00 |
102.00 |
| 6RW |
Maeva |
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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