E-Malt.com newsletter - April 11, 2002

1. Trading info. 2. Industry news. 3. Malt markets and prices. 4. Malting barley prices.

1. Trading info

Actually there are 4000 tons of malt for sale on e-malt.com.


	Tsingtao, a major brewery from China announced that this year it is going to increase its production volume by 20 % to the capacity of 3 mln tons. In the same statement the Chinese brewer declared that it intends to boost the production of its main brands from 653,000 tons last year to 800.000 tons this year, for the reason that the gross profit margin of these brands is superior to that of . . . April 10, 2002. Read more on Industry news !

	EFES Group, the first brewery from Turkey, controlling 78% of Turkish beer market, has signed a license agreement with Interbrew, which gives EFES an exclusive right to produce and distribute Beck's in Turkey and Northern Cyprus. The signing of this important agreement has also a particular importance for Belgian giant, as it gives Interbrew the possibility to enter firmly the Turkish be . . . April 9, 2002. Read more on Industry news !

	As South African Breweries confirmed that it negotiates the purchase of US Miller, the price of SAB's share has immediately increased by 8% reaching the value of R85.20 at Johannesburg bourse. This represents another increase in SAB's share price, one of the most recent having been registered in mid March, when the unconfirmed information relating to an eventual acquisition of Mille . . . April 9, 2002. Read more on Industry news !

	Scottish & Newcastle has received the unconditional approval of European Commission to buy the Finish leading beer and soft drinks company Oyj Hartwall Abp. However, for being definitely able to acquire "Hartwall" ,Scottish & Newcastle needs two other consents :one from the Anti-Monopoly Committee of the Ukraine and another, from its shareholders, who will express their will at the Ex . . . April 8, 2002. Read more on Industry news !

3. Malt markets and prices.

ORIGIN	VARIETY	CROP	PARITY	DESTINATION / ORIGIN	CURRENCY	PRICE	DELIVERY	COMMENTS
German	2rS any variety	2002	Fob, bulk	Seaport	EUR	295	2003	offered
German	2rS any variety	2002	delivered	brewery	EUR	294	2003	done
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
Belgian	2rS any variety	2001	fob	Belian port	EUR	295	1 H 2002	offered

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 0.8807 April 11, 2002
Crop year		2001		2002
Parity		FOB Creil		FOB Creil
Position		July 2001		July 2002
Type	Variety	EURO	USD	EURO	USD
2RS	Prisma	nq	nq	nq	nq
2RS	Scarlett	122.00	107.50	135.00	119.00
2RS	Aspen	122.00	107.50	135.00	119.00
2RS	Optic	nq	nq	nq	nq
2RS	Nevada	118.00	104.50	131.00	115.50
2RS	Astoria	118.00	104.50	131.00	115.50
2RS	Cork	118.00	104.50	nq	nq
6RW	Esterel	115.00	101.50	115.00	102.50
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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