08 May, 2007

EU: Nevertheless, malt seems to be sold out for 2007, there is no pressure on malt markets

Maltsters booked precisely 1.5 million tonnes of export licences from July 1, 2006 until April 26, 2007, versus 1.81 million tonnes a year ago, a minus of 310,000 tonnes.

At the pace of exports up-to-date total export shipments of the crop year would reach 1.8 million tonnes, almost 400,000 tonnes less than in 2006/07. Nevertheless, malt seems to be sold out for 2007, there is no pressure on malt markets.

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