Barley Trading on NCDEX

Barley futures contracts were introduced into the commodity market on the 11th of December 2006 in the National Commodity and Derivatives Exchange Ltd. (NCDEX). Barley in the Indian industry is primarily used for making malt and malt extract. Trading in a new month contract opens on the 10th day of the month; if the 10th day happens to be a non trading day then the contract opens on the next day. Three contracts opened initially were to expire in March, April and May 2007. Each contract expires on the 20th day of the delivery month.

Trading on the exchange uses 10MT as its unit of trade and each delivery unit is 10 MT packed in 80kg sound jute bags net weight basis. Quotation on the exchange is in Rs. per quintal.

Upon expiry of the contract, all outstanding positions on the exchange result in compulsory delivery. The specification acceptable for delivery in the NCDEX exchange is the same as that of barley used for making malt and malt extract i.e. 10% moisture, 2% foreign matter, 2% broken kernels, 40gm TCW and 2% damaged grains. The damaged grains include discolored grains, with infested damaged kernels not exceeding 1% max on deposit of the grain and 1.5% on withdrawal. The quantity variation allowed is plus minus five percent.

Barley with moisture more than 12%, damaged grain more than 3.5%, broken kernels more than 3% and TCW below 38gm is rejected by the exchange. The exchange imposes a penalty of minimum 5% of final settlement price incase of failure of delivery obligation.

All contracts in barley on the NCDEX are basis delivery center Jaipur. Additional delivery centers of Sri Madhopur at par and Bulandshar and Rewari at a premium or discount as announced by the exchange from time to time are also available. It should be noted that the delivery center can be up to fifty kilometers from the municipal limits.

The price band for trading has a fluctuation limit of ±4%. However if the trade hits this prescribed daily price limit the exchange gives a cooling off period for 15 minutes after which trading resumes. Trade within the price band can continue during these 15 minutes. Thereafter the price band will be raised by another ±2% and trade will be resumed. If the price band is hit again the exchange will not allow any trade outside the revised price band i.e. ±6%.

At present contracts for the month of May, June and July 2007 are open on the exchange. The trading range for May, June and July as on date is between Rs.845 – Rs. 835, Rs.855- Rs. 840 and Rs.865 – Rs.845 respectively.

Note :- The Author of this article is the Webmaster of Barmalt. I am just posting this article here on his behalf

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Barmalt India is the one of the largest manufaturer of Malt & Malt Extract from India. Barmalt was started in the year 1967 .From these last 40 successful years we manufacture very wide range of Malt & Malt Extract for the brewing, distilling & Malted Food Industries. Barmalt India has both ISO 9001:2000 & HACCP certified standards.

In the year 1980 Barmalt India become the 4th largest company in the Indian malt industry. Today Barmalt India is the leader in Malt industry & still rapidly growing.

Barmalt India has best-equipped laborateries in the country for the testing of Malt & Malt Extract. With the well equipped laboratary Barmalt India able to maintain the quality assurance. This laboratory maintains quality of Malt & Malt Extract by regaulary testing & validates our Cleaning In Place (CIP).At Barmalt Quality is always the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives.

Barmalt India is the authorized supplier of Malt Extract for Horlicks, Bourvita, Milo, Boost & Ovaltine. Barmalt India manufatured Malt Extract according to the customer specifications for both Indian & International Brands. Barmalt India believe that by maintaning only standard of excellance & running business with honesty, the business will progress. Barmalt India believe that the most valuable asset of the company is the team of highly qualified & skilled professionals.

Malt Extract

Malt Extract is a mixture of organic compounds from Malt, used as a culture medium adjunct. It is a syrup manufactured by evaporating some amount of water.

It is formed by condensed unfermented or fermenting infusion of malt, which consists of maltose, dextrins & other dissolved solids. This unfermented infusion of malt is used by brewers in the solutions of water & extract to reconstitute the unfermented infusion for fermentation. Malt Extract is also made from malted barley by crushing of grinding the barley & converted its carbohydrates to sugars.

Barmalt India Pvt. Ltd. is the largest manufacturer of malt and malt extract in India. We manufacture a wide range of quality malt and malt extract for the brewing, distilling, and food industries.

We offer a wide range of liquid and powdered malt extracts. Liquid malt extracts can be used as a straight grain malt replacement or, when added to a conventional mash, as a brew extender. Liquid Malt Extracts provide a great start to any recipe, offering a carefully balanced formulation designed to provide the ideal base for your own recipe.

Powdered Malt Extract products are made by introducing the Liquid Malt Extract onto a slowly moving band passing through the vacuum.

Barmalt India is the approved suppliers of Malt Extract Horlicks, Bournvita, Milo, Boost and Ovaltine.

Malt Beer

Malt Beer is a beverage made from malted barley syrup water and sugar. It is very popular in Israel where it is called black beer.

The Characteristics of good beer depend upon following characteristics:
a) Flavour
b) Appreance
c) Wholesomeness

Malt directly influences the taste of beer i.e sweet & sour. Sweet tastes means sugar, which mostly comes through malt starch.Sour taste means some organic acid produced from germanting grains. Sour taste also has origin from phosphoric acid.

Note :- The information stated above is collected from various resources

Malt Whisky

Whisky, or Whiskey, refers to a broad category of alcoholic beverages that are distilled from fermented grain mash and aged in wooden casks (generally oak). Different grains are used for different varieties, including barley, malted barley, rye, malted rye, wheat, and maize (corn).The first written record of whisky comes from 1405 in Ireland,[1] it is also mentioned in Scotland in 1496.

Malt Whisky is whisky made entirely from malted barley and distilled in an onion-shaped pot still.

Single Malt Whisky
- Whisky that is made from 100 % malted barley in one distillery. Each single malt whisky is different and depends on the location of the distillery, the ingredients used and the skill and experience of the distiller.
- Single malt whiskey, sometimes spelled whisky (depending on its origin), is an alcoholic beverage which comes from a single distillery, in which all the grain used for the mash has been malted. Many quality whiskies (Single malt Scotch for example) are single malt whiskies. Most single malt whiskies are distilled using a pot still.
- Single Malt whisky is from a single distillery, but will usually contain whisky from many casks, so the blender can achieve a taste recognisable as typical of the distillery (unless the whisky is described as "single-cask"). In most cases, the name of the whisky will be that of the distillery (Glenlivet, Glenmorangie, Glenfarclas), with an age statement and perhaps some indication of some special treatments such as maturation in a port cask. Especially expensive malts may have a special name.

Scotch Malt Whisky - Scotch Whiskey distilled in Scotland; especially whiskey made from malted barley in a pot still .

Vatted Malt- A mixture of malt whiskies from more than one distillery, these can be very interesting and quite good fun - try Sheep Dip or Pig's Nose.Vatted Malt is blended from malt whiskies from different distilleries. If a whisky is labelled "pure malt" or just "malt" it is almost certain to be a vatted whisky. This is also sometimes labeled as "Blended Malt" whisky.

Wheat Malt

Wheat malt is often used in non-wheat beers at about 5% of the grist to promote head retention. It has low colour values and is relatively high in enzymes. Used at higher concentrations, wheat's higher protein and fat content as well as its lack of a husk require special precautions. Use wheat with at least 1/3 of the mash being two-row barley. Rice Hulls are also a good idea (in fact you can make 100% wheat beer with the help of rice hulls).

Bavarian-style Weizen beers are available in unfiltered form or filtered . All are made from at least 50% wheat malt, with 66% wheat malt being typical. Because they are such complex and richly-flavored beers, they express themselves best at about 45-50 °F. Fruit garnish is quite unnecesaary, and actually hurts the head retention and flavor balance of the beer. Only the most touristy Bavarian bars serve Hefeweizen with lemon.

Wheat malt is only permitted as an ingredient in top-fermented beers, yet many hefeweizen beers are bottled with a bottom-fermenting yeast. As this yeast will be continuing the fermentation in the bottle, it's a matter of debate whether the end result is a pure top-fermenting beer.

WHEAT MALT EXTRACT is made from 60% malted wheat and 40% malted barley. This is not a blended product, but rather the wheat and the malted barley are mashed together, producing a clean and light colored extract. The resulting beer is an authentic WHEAT BEER. If you want a true WHEAT BEER without mashing - this is the product to use.

Beer brewed in the German Hefeweizen style rely mostly or entirely on malted wheat as a grain, as does Belgian witbier. Lambic also makes heavy use of wheat. Under the Reinheitsgebot, wheat was treated separately from barley, as it was the more expensive grain.

Note :- Information based on collected from many resources.

Barley Malt

Barley is one of the seven grains high in natural sugars and easy to digest. It has been used medicinally for many centuries in the form of barley water for digestive problems.

Majority malt is produced from barley. In India six-row barley is commonly available and used to produce malt. Barley is available in many forms. In the United States, the majority is ground or rolled for use in mixed feeds for animals. Pearled barley is the most commonly available barley. Often the pearled barley found in natural food stores has undergone fewer pearlings than that found in a supermarket, as indicated by its larger size.

Barley malt technically refers to malt sugar, which is a buff-colored crystalline powder. It is made by evaporating the water out of barley malt syrup. Malt sugar is becoming increasingly available in health food stores as a superior sugar replacement that is less sweet but adds a better texture and pleasing nutty flavor to baked goods.

Liquid barley malt is available in barley extract and barley-corn malt. The extract is 100 percent barley malt and usually tastes as strong as blackstrap molasses. Barley malt is mostly carbohydrate although it contains small amounts of vitamins and minerals. It is the least expensive of the quality natural sweeteners.

The basis of Scotch whisky is the heather-flavored ales made from barley malt that the Picts and their prehistoric ancestors brewed. Archeologists have found evidence of such brewing dating back to at least 2000 B.C. This ale (which is still produced today by at least one Scottish microbrewer) was low in alcohol and not very stable.

Source:- http://www.barmalt.com

Technology At Its Best

Barmalt was started with an installed capacity of 2000 MT of malt annually in 1967. In 1980 we were the 4th largest players in the Indian malt industry. Our continual innovations, readiness to imbibe new technologies and customer satisfaction has rewarded us in by a better placement in the industry. Today we are the leaders in our field and still growing.

Barmalt has always been synonymous with quality. We are always ready to induct new technologies and improve existing ones. Listed below our some changes introduced by us, which we believe contributed not only to our growth but also to that of the Indian malting industry.

*Introduced indirect heating in the kilns.

*Installed silos for bulk storage of barley and malt.

*Changed the manually operated malting into a fully automated malt house.

*Installed Meura 2001 mash filters to obtain better quality of malt extract.

*First malting industry in India to get HACCP certification.
Read More Please Visit http://www.barmalt.com

Quality should be assured for malt and malt extract product!

Intorduction::To produce quality malt and malt extract we must start right i.e. procure quality raw materials. All grains procured by us go through stringent quality checks that ensure the best available material is used to make our products. Throughout the process QC (quality control) and QA (quality assurance) teams work in tandem with production ensuring all hygiene and product quality parameters.
Quality is the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives. Quality assurance is the very basis of any good manufactured product.
To enable quality assurance at all times, it is required that the organization has a well-equipped laboratory for testing malt and malt extract. The laboratory ensures quality by testing before, during and after processing and regularly validates our cleaning in place (CIP) systems. Plant automation and laboratory equipment is calibrated regularly to ensure accuracy of measurements. The R&D department constantly guides the company in enhancing the plant operations and keeping abreast with the rapidly increasing quality standards in the industry.
Commitment to the environment –The company has always taken an active part in protecting and preserving our environment. We believe that by treating waste products effectively and efficiently, we operate an environmentally-friendly plant. To implement this ideology we have installed the electrostatic precipitator on chimneys, to minimize the release of any particulate matter into the atmosphere. Further we treat all waste water before releasing it into the sewage system.
In the industry there exist several quality standards, these try ensure the quality of manufactured product. Such types of standards mention the quality guidelines to manufacture a good product. In manufacturing and construction activities, these business practices can be equated to the models for quality assurance defined by the International Standards contained in the ISO 9000 series and the specified Specifications for quality systems. Our organization is certified for both ISO 9000: 2001 and HACCP, helping it adapt to the best practices world over in quality assurance.

Wide range of quality malts and malt extracts !!!!

Introduction::Malt and malt extract come in wide range including wheat malt, barley malt, liquid malt and specialty malts for the brewing, distilling, and food industries.

Malt Extract is a viscous amber brown liquid that has the characteristic malt and sweet taste. It is a natural sweetener. Malt extract is manufactured by grinding the malt to a fine powder and mashing it gently while adding water and brewing the mixture. Thereafter the wort is separated from the husk and then concentrated to 80 percent solids, this concentrate is malt extract.
We are equipped with the state of the art equipment giving us the flexibility to produce products catering to a varied range of customers. Fully automated brew house minimizes the scope of error in making the right specification every time. We have ensured that all contact equipment is in stainless steel, ensuring hygiene at all times. The malt extract plant is clean zone having the highest standards of cleanliness, to ensure food safety at all times. There are various types of malt and malt extract available in malt industry.
Barley Malt - Majority malt is produced from barley. In India six-row barley is commonly available and used to produce malt. We however do make barley malt, from both domestic and imported two-row barley.
Wheat Malt - We produce wheat malt for both beer and food industries.
Specialty Malts - Malts of higher and lower colors and different flavors are produced by us to cater to our customers.
All products are manufactured as per customer specifications, we request you to contact us for specifications suitable to your needs. If you have any further need of information related with malt and malt extract products can contact us.