EU: Malt prices stood at €/t 320.00 FOB seaport
Malt business has been reported at price levels from the €280's early in the month to €320.00, FOB seaport, in bulk, at the end of August, experts commented September 01.
Present calculations of 2row spring barley malt are based on an average cost of barley for the season of €175.00/180.00 delivered malthouse. The malting margin approaches €90.00 per t, which includes the additional risks of raw material, energy and transport prices. That translates into a malt price of €310.00/315.00 per t EXW. Esterel malt costs €25.00 less.
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