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Flash Summary
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E-Malt.com Flash 19a
May 06 - May 08, 2019
Quote of the Week
Nobody who ever gave his best regretted it.
George Halas
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Currency Rates
Base Currency: Euro
on May 08, 2019 |
Base Currency: US Dollar
on May 08, 2019 |
| |
1 EUR = 1.1194 USD
1 EUR = 0.8555 GBP
1 EUR = 1.5059 CAD
1 EUR = 1.5964 AUD
1 EUR = 123.6900 JPY
1 EUR = 4.4462 BRL
1 EUR = 73.0393 RUB
1 EUR = 7.5792 CNY
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1 USD = 0.8933 EUR
1 USD = 0.7642 GBP
1 USD = 1.3454 CAD
1 USD = 1.4260 AUD
1 USD = 110.4900 JPY
1 USD = 3.9721 BRL
1 USD = 65.2511 RUB
1 USD = 6.7711 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 08, 2019 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
171.50-173.50 |  |
| 6RW Malting Barley (FOB Creil) |
167.00-169.00 |  0.59% |
| 2RS Malt (FOB Antwerp) |
369.00-371.00 | |
| 6RW Malt (FOB Antwerp) |
364.00-366.00 | 0.34% |
| Feed Barley (FOB Creil) |
158.00-160.00 | |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 |  0.54% |
| 6RW Malting Barley (FOB Creil) |
176.00-178.00 | 0.56% |
| 2RS Malt (FOB Antwerp) |
383.50-385.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
371.00-373.00 | 0.33% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,374.00-1,376.00 | 1.43% |
| Malting Barley (West) |
1,374.00-1,376.00 | 1.43% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,344.00-1,346.00 | 3.07% |
| Malting Barley (West) |
1,344.00-1,346.00 | 3.07% |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
The Philippines: San Miguel Brewery’s net income increases by 18.9% in January-March
...Click here
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Hong Kong: AB InBev weighing Asian unit IPO to reduce debt and pursue acquisition opportunities
...Click here
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Brazil: Ambev’s 6.2% net profit rise still misses market expectations
...Click here
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India: Carlsberg’s Indian business posts lower volume growth in Q1
...Click here
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EU: Rain in Spain may damage prospects for UK barley exports
...Click here
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Kenya: Kenya lags behind other sub-Saharan peers in alcohol consumption
...Click here
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Ethiopia: United Beverages launches new Anbessa beer
...Click here
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Graph of the week
Table of the week
North America's Barley Imports, Production, Consumption, and Ending Stocks
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 May
1851 - San Francisco Chamber of Commerce starts
1889 - Universal Exposition opens in Paris, Eiffel Tower completed
1927 - Academy of Motion Picture Arts and Sciences forms
1997 - The Bank of England is given independence from political control, the most significant change in the bank's 300-year history
07 May
1664 - Louis XIV of France inaugurates the Palace of Versailles
1955 - West Europe Union established
1979 - 5th UNCTAD-conference opens in Manila
1982 - IBM releases PC-DOS version 1.1
1998 - Mercedes-Benz buys Chrysler for $40 billion USD and forms DaimlerChrysler in the largest industrial merger in history
08 May
1888 - George Eastman patents "Kodak box camera"
1899 - Friedrich August von Hayek is born in Vienna (Nobel Prize in economics in 1974)
1929 - John Clifton Bogle, future founder of the Vanguard Group of Investment Cos., is born in Montclair, N.J.
Agenda
May 2019:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
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Brewery News
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World: AB InBev records 5.9% rise in Q1 revenue
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AB InBev, the world’s largest beer maker, recorded a 5.9% rise in revenue during its first quarter compared to the same period last year,
...More info on site
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The Philippines: San Miguel Brewery’s net income increases by 18.9% in January-March
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San Miguel Brewery Inc., the beer unit of San Miguel Food and Beverage Inc., reported a net income of P6.74 billion in the first
...More info on site
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Brazil: Ambev’s 6.2% net profit rise still misses market expectations
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Brazilian beverage firm Ambev SA reported a 6.2 percent rise in first-quarter net profit on May 7 which still missed market expectations amid a
...More info on site
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India: Carlsberg’s Indian business posts lower volume growth in Q1
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Danish brewer Carlsberg's Indian business fell sharply in terms of volume growth at 7% due to higher base compared to about 30% a year
...More info on site
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Hong Kong: AB InBev weighing Asian unit IPO to reduce debt and pursue acquisition opportunities
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Anheuser-Busch InBev NV is weighing an initial public offering of its Asian unit as the world’s largest brewer jockeys for position in a massive
...More info on site
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China: China’s consumers looking for better brews
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In a country that loves its hot beverages, beer is one thing most Chinese enjoy cold. But as of late, beer has been on a hot streak, as evidenced by national sales figures. And the target market in China has gradually shifted to middle and high-end drinkers, with more quality brewed into every sip, CGTN reported on May 6.
Whether it tastes great or is less filling, China's beer drinkers now want a better brew. In the past, the buzz was all about cheaper domestic brands. But now, consumers have more options in buying, Bi Chaojiao, the general manager of sales & marketing center at China Resources Snow Breweries said.
"Our previous strategy was to earn the highest sales in the Chinese market, so we would produce a beer that was suitable for most drinkers in China. But now, because young people have new likes, we develop products according to their taste," said Bi.
China Resources Snow Breweries (CRSB), one of the nation's biggest beer companies, now has beers specifically for the middle and high-end market. Brave the World Super X, Craftsmanship, and Marrs Green are some of their newest brands. At eight to 15 yuan per bottle, many people wonder, has the
...More info on site
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Kenya: Kenya lags behind other sub-Saharan peers in alcohol consumption
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Kenyans consume the least amounts of both recorded and unrecorded alcohol in sub-Saharan Africa, a new report said, coinciding with an intense government-led campaign against alcohol abuse.
The report dubbed ‘Effect of Kenya’s Alcohol Regulation Policies’ shows that Kenyans consume 3.4 litres of alcohol per capita which is thrice less than the amounts Ugandans and Tanzanians take.
Consumption of formal (recorded) alcohol that includes beer, spirits and wines accounts for 56 per cent of the drinking population while informal sources (unrecorded alcohol) such as chang’aa and a host of other illicit drinks account for 44 per cent.
In neighbouring Uganda, alcohol consumption is 9.5 litres per capita while in Tanzania it is 9.4 litres per capita. In Rwanda, the consumption is nine litres per capita.
The low consumption of alcohol in Kenya comes in the wake of government orders to crackdown on outlets in efforts to take excessive consumption among the youth and other productive members of the society. At least 12 out of every 100 Kenyans drink alcohol.
“It is very sad to note that we have more bars and clubs in the country than both primary and secondary schools combined.
“This is unacceptable and must be checked,” Interior Cabinet Secretary Fred Matiang’i said last
...More info on site
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Canada: Canadian craft brewers form association
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A new organization representing more than 700 craft breweries from across Canada was announced on May 3 at the Canadian Brewing Awards & Conference in Toronto, the Canadian Beer News reported.
Encompassing the membership of all ten provincial craft brewing associations, as well as other independent breweries and industry partners, the Canadian Craft Brewers Association – Association des Microbrasseries Canadiennes will be focused on three strategic goals:
Educating federal government on the growing positive economic impact created by the craft beer sector, which includes a substantial business ecosystem of primarily small and local companies;
Working with the ten provincial craft beer Associations, providing services to support the rapid growth of member companies in the sector, many of which are new;
Promoting the hundreds of breweries and thousands of unique Canadian craft beer offerings to beer-drinking consumers nationally and internationally.
The Board of Directors for the new Association features 15 members, including one to represent each of the ten provincial associations, and one to represent craft brewery members in each of five geographic regions in Canada.
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Ethiopia: United Beverages launches new Anbessa beer
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There is a new beer on the horizon in Ethiopia. United Beverages has launched a new brand –Anbessa beer, the New Business Ethiopia reported on May 4.
This is a partnership between the Mauritius-based United Africa Beverages Company and Kangaroo Industrial Group. The partnership was speculated to start a new beer since 2016, when United made its entry to Ethiopia, building a state-of-the-art manufacturing plant in Modjo.
With an estimated investment outlay of USD 88 million, this is a noted investment and give confidence to the fast growing beer market in Ethiopia.
According to United Beverages, the new plan has the capacity to brew 1.6 million hectolitres and the packaging capacity of 800,000 hectolitres.
Unique to the Ethiopian market, the company started a teaser campaign and there was much discussion about it on social media. The company claims to use half locally sourced raw and packed materials for the production of Anbessa and plans to increase that to 100 percent in the “near future.” It employs over 240 people at its new plant.
Currently, Ethiopia’s total beer consumption stands at 12 million hectolitres per year with per capital consumption estimated to be around nine litres.
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Barley News
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EU: Rain in Spain may damage prospects for UK barley exports
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April saw the predominantly dry weather continue – especially boosted by hot weather over Easter – and we're getting to the stage where some
...More info on site
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