E-Malt.com weekly newsletter
Week April 15-21 , 2002

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

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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