E-Malt.com weekly newsletter
Week June 17-23 , 2002

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

1. Trading info

Actually there are two OFFERS for 4000 tons of malt and a DEMAND for 1000 tons of barley on the trading portal www.e-malt.com

  • Offer for 2500 mtons of malt, Any 2RS(100%), crop 2001, in bulk, delivery June 2002, at EUR 275.00/mton, FOB East Coast UK.( to see the malt offer, please view code MF1706O1634)

  • Offer for 1500 mtons of malt, Any 2RW(100%), crop 2001, in bulk, delivery June 2002 , at EUR 265.00/mton, FOB East Coast UK.(to see the malt offer , please view code MF1706O1646)

  • Demand for 1000 mtons of barley, Any 2RS, crop 2002, bulk in container, delivery: third quarter of year 2002; August 2002 , at USD 135.00/mton (valid till June 30th 2002), CIF New Delhi via Nava Sheva Mumbai, or Kandla Sea Por; 135 USD CIF New Delhi ( to see the barley request, please view code BR1506O1207 )

2. Industry news

The former illustrious president of Miller , John Arthur Murphy died at hospital on the 16th of June at the age of 72 . John Arthur Murphy was recognized as an eminent president of Miller owing to his hard work , talent, implemented innovations- all that brought Miller Brewing Company on the second place in the top of largest breweries from USA. For his successes and talent he had been awarded numerous prizes and received such nominations as "Marketing statesman of the year." and "Man of the year". In 1992 John Arthur Murphy retired but didn't stop to be close to its company by visiting it weekly.

More great brewers are eying the beer market from China due to its tremendous growing potential . According to the Chinese press one of these, would be the Dutch Heineken. This press states that Heineken would like to strengthen its position in this country and for this purpose it is having negotiations with some breweries from the North of China which it is eager to acquire. Nevertheless, Heineken has not confirmed or denied this information .

Morrells of Oxford Ltd owing 107 pubs in England has been purchased by the British Brewer Greene King PLC. The value of this acquisition , which Greene King considers very profitable, is of GBP67.0 mln.

Beer demand is growing in China and the Belgium's giant Interbrew is effectively reacting to this change . The Belgian brewer intends to increase by 600.000 hectoliters the capacity of its brewery from Nanjing which currently has a capacity of 400000 hectoliters. It is estimated that the new investment will cost Interbrew EUR 14,5 mln.

Kirin brewery from Japan will be exluded in August from the lists of the stock exchanges from Zurich Paris and Frankfurt. This was communicated by the brewer itself that said that it intends to apply for this exclusion as the trading volume of shares at these stock exchanges has had a quite low level.

The well-known Czech beer Pilsner Urquell is enjoying a tremendous success in Poland . According to statistics it is the most imported beer here and at present it possesses a 20% share in the Polish imported beer market . The preference of Polish beer drinkers for Pilsner Urquell has significantly grown during last year, the proof of this being higher imports for this year - 108000 hectoliters of Pilsner Urquell which is an year-on year rise in imports of 40000 hectoliters.

3. Malt markets and prices.

UK   2rS any variety  2,001.00  FOB  East Coast UK   EUR  265 - 275  June 02  offered 
German  2rS any variety  2,001.00  FOB   German ports  EUR  290.00  until end 03  offered 
French   6rW Esterel  2,002.00  FOB  EU  EUR   245.00  until end 03  offered 

4. Malting barley prices, French barley prices

EURO = USD 0.9575 June 20, 2002 
 Crop year   2002 
 Parity   FOB Creil 
Position    July 2002 
Type   Variety  EURO  USD 
2RS  Prisma  nq  nq 
2RS  Scarlett  127.00  122.00 
2RS  Aspen  127.00  122.00 
2RS  Optic  126.00  121.00 
2RS  Nevada  126.00  121.00 
2RS  Astoria  118.00  113.00 
2RS  Cork   nq  nq 
6RW  Esterel   108.00  103.50 
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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