E-Malt.com weekly newsletter
Week April 15-21 , 2002
Summary
1. Industry news. 2. Malt markets and prices. 3. Malting barley prices.
1. Industry news
Czech Union of Small Independent Breweries some time ago made a complaint
against two important Czech breweries Plzensky Prazdroj and Radegast that
these would have signed exclusive contracts with local restaurants .
Following this petition, now, Anti-Monopoly Office (UOHS ) has announced
its preliminary verdict, according to which the brewers Plzensky Prazdroj
and Radegast are officially found guilty of having infringed the Czech
Anti-Monopoly Law.
Uncier , the leader of the Portuguese beer market , has recently announced
its determination to relaunch Clok brand , which was for the first time
introduced in the Portuguese beer market in 1975. In the first year Unicer
intends to sell about 10 million litters of this beer brand .
From the 1st of the June 2002 , Sleeman Breweries Ltd the third-largest
Canadian brewer will not have the entitlement to distribute sell and
market Beck's products in Canada .
This is the effect of a recent transaction concluded between Sleeman and
Oland Specialty Beer Company by which Sleeeman consents to sell to Oland
its rights on Beck's products . The financial terms of this sale have not
been disclosed to the public .
Good news from Norway for those who are thinking to invest in its beer
sector. Here, retail beer sales have noticeably rose in 2001 to 143 million
litters, which represents a growth of ............ [www.e-malt.com]
The Russian State Duma has adopted, in first reading , important amendments
to the law of advertising that will considerably influence henceforth the
content of beer commercials in Russia.
Thus, beer ads that target teenagers and those suggesting to consumers
that beer can influence positively their social status , their intellectual
or physical state , are, according to these amendments, prohibited .
Forbidden from now on will be ............ [www.e-malt.com]
Asahi, the leading brewery from Japan announced this Monday at a press
conference that it intends to buy two liquor companies from Asahi Kasei
Corporation . The acquisition will be accomplished by the end of this fiscal
year and will cost between $22.7 mln and $30 mln.
The tendency of Asahi to ............ [www.e-malt.com]
Carlsberg brewery from Denmark has declared that it revised and innovated
its accounting policies in compliance with the new accounting rules
adopted by the Danish Parliament last summer. These new policies will be applied from the first quarter of 2002.
Carlsberg has also acknowledged that its net profit for 2001 was reevaluated
in accordance with the new rules and its value....... [www.e-malt.com]
Boston Beer Company announced ifs financial results for the first quarter of 2002 and said that its net income has decreased by 63%.The brewer, however has given explanations with respect to this drop.
It said that the net income decreased because....... [www.e-malt.com]
2. Malt markets and prices
| ORIGIN |
VARIETY |
CROP |
PARITY |
DESTINATION / ORIGIN |
CURRENCY |
PRICE |
DELIVERY |
COMMENTS |
| EU |
2rS any variety |
2001 |
FOB |
Seaport |
EUR |
293 |
1 H 2002 |
offered |
| German |
2rS any variety |
2001 |
FOB |
Upper Rhine, Germany |
EUR |
290 |
1 H 2002 |
offered |
| EU |
6rW Esterel |
2001 |
FOB |
Seaport |
EUR |
262 |
3 Q 2002 |
done |
| German |
2rS any variety |
2002 |
delivered |
brewery |
EUR |
290 |
2003 |
done |
| Candian/Australian |
Grade A |
2002 |
FOB seaport |
Korea |
USD |
165 - 250 |
2003 |
done |
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 0.8832 April 17, 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 |
109.00 |
135.00 |
119.50 |
| 2RS |
Scarlett |
122.00 |
108.00 |
134.00 |
118.50 |
| 2RS |
Aspen |
122.00 |
108.00 |
134.00 |
118.50 |
| 2RS |
Optic |
121.00 |
107.00 |
nq |
nq |
| 2RS |
Nevada |
119.00 |
105.50 |
nq |
nq |
| 2RS |
Astoria |
118.00 |
104.50 |
131.00 |
116.00 |
| 2RS |
Cork |
119.00 |
105.50 |
nq |
nq |
| 6RW |
Esterel |
115.00 |
101.50 |
115.00 |
101.50 |
| 6RW |
Maeva |
nq |
nq |
nq |
nq |
| 2RS |
FAQ |
|
|
|
|
nq - Not quoted
Prices for Danish and UK malting barley are available on the site www.e-malt.com
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