EU: Malt exporters report satisfactory results despite loss of 40,000 t against 2004/05 export figure

EU malt exporters booked 2.18 million t of export licences from July 1, 2005, till June 27, 2006, analysts said. The figure may still be corrected somewhat to complete the crop year, but in any case a loss of 40,000 t against the export figure of 2004/05 is considered a satisfactory result after the loss of the largest part of the Russian market.

Maltsters can now calculate on a steady export volume for the new crop year and stable or even larger domestic sales. Production in 2005/06 of around 8.2 million t barely matched the sales volume. The figure corresponds to 93.5 % of the existing malting capacity.

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