14 June, 2006

EU: More business for malt of crop 2006 has been concluded

More business for malt of crop 2006 for delivery 2007 has been concluded, mainly in Germany, market analysts revealed in a statement on June 2.

Reported prices ranged from EUR 270.00 to 280.00, delivered breweries. The large European groups have abstained from buying yet, or started to cover part of their demand from domestic maltsters, e.g. in South Germany and Poland. The price increase of EUR 30.00/40.00 from last year and the unresolved situation of Weissheimer are delaying many purchase decisions.

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