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Flash Summary
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E-Malt.com Flash 40a
October 02 - October 04, 2017
Quote of the Week
Just because something doesn't do what you planned it to do doesn't mean it's useless.
Thomas A. Edison
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Currency Rates
Base Currency: Euro
on October 04, 2017 |
Base Currency: US Dollar
on October 04, 2017 |
| |
1 EUR = 1.1753 USD
1 EUR = 0.8879 GBP
1 EUR = 1.4692 CAD
1 EUR = 1.5039 AUD
1 EUR = 132.7700 JPY
1 EUR = 3.7093 BRL
1 EUR = 67.9839 RUB
1 EUR = 7.8073 CNY
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1 USD = 0.8519 EUR
1 USD = 0.7547 GBP
1 USD = 1.2509 CAD
1 USD = 1.2788 AUD
1 USD = 112.9500 JPY
1 USD = 3.1495 BRL
1 USD = 57.9375 RUB
1 USD = 6.6515 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 04, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
193.50-195.50 |  0.52% |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  |
| 2RS Malt (FOB Antwerp) |
392.00-394.00 | 0.46% |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | 0.16% |
| Feed Barley (FOB Creil) |
149.00-151.00 | 1.35% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
192.50-194.50 | 0.52% |
| 6RW Malting Barley (FOB Creil) |
161.00-163.00 | 0.62% |
| 2RS Malt (FOB Antwerp) |
390.00-392.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
351.00-353.00 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,314.00-1,316.00 |  1.50% |
| Malting Barley (West) |
1,314.00-1,316.00 | 1.50% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,284.00-1,286.00 | 0.77% |
| Malting Barley (West) |
1,284.00-1,286.00 | 0.77% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
294.00-296.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
313.00-315.00 |
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| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
561.00-563.00 |
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| 2-Row Malt, bulk in store, Vancouver |
587.00-589.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
194.00-196.00 |
25.81% |
| Feed Barley, basis Winnipeg |
194.00-196.00 |
25.81% |
| Feed Barley, bulk in store, Vancouver |
257.00-259.00 |
18.89% |
US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
159.00-161.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
218.00-220.00 |
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| Feed Barley, basis Great Falls, Montana |
109.00-111.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
95.00-97.00 |
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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.
Russia: Heineken selling its brewery in Kaliningrad
...Click here
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Thailand: Beer producers can be hit the hardest by recent taxes hike
...Click here
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Vietnam: Reports points out ‘still immense’ growth potential of Habeco and Sabeco
...Click here
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USA: Barley production estimated at 3.091 mln tonnes this year
...Click here
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EU: Central Europe’s barley quantities and qualities suffer from unfavourable weather
...Click here
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Nigeria: Guinness Nigeria's 39.70 billion naira share sale oversubscribed
...Click here
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Japan: Asahi Breweries raising beer prices for the first time since 2008
...Click here
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Ukraine: Barley inventories down 19.6% as of September 1
...Click here
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Hong Kong: Gweilo Beer to open Hong Kong’s largest craft brewery next summer
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Czech Hops Area and Production 2013-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
02 October
1608 - Prototype of modern reflecting telescope completed by Jan Lippershey
1866 - J Osterhoudt patents tin can with key opener
1956 - 1st atomic power clock exhibited in New York City
03 October
1906 - SOS adopted as warning signal by 1st conference on wireless telegraphy
1922 - 1st facsimile photo send over city telephone lines, Washington, DC
1952 - 1st video recording on magnetic tape, Los Angeles, California
04 October
1910 - 1st public elevator (London's Earl's Court Metro Station)
1957 - USSR launches Sputnik I, 1st artificial Earth satellite
1958 - USSR Luna 3 sent back 1st photos of Moon's far side
1976 - Official launch of the InterCity 125 high speed train
Agenda
October 2017:
05-07: Stockholm Beer & Whisky Festival 2017 (Stockholm, Sweden)
11-15: Mondial de la Biere Rio 2017 (Rio de Janeiro, Brazil)
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
26-28: drink technology India 2017 (New Delhi, India)
27-29: Olut Expo 2017 (Helsinki, Finland)
November 2017:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Brewery News
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Russia: Heineken selling its brewery in Kaliningrad
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Heineken, the world's third-largest brewer, said on October 2 it had put its mothballed production site in Kaliningrad, a Russian exclave on the Baltic
...More info on site
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Thailand: Beer producers can be hit the hardest by recent taxes hike
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Thailand's recent hike in "sin taxes" could hit beer producers the hardest as it comes just before the funeral of the late king -
...More info on site
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Vietnam: Reports points out ‘still immense’ growth potential of Habeco and Sabeco
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The Ministry of Industry and Trade (MoIT) is pushing its divestment efforts at two leading breweries Habeco and Sabeco in October and November. The
...More info on site
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Nigeria: Guinness Nigeria's 39.70 billion naira share sale oversubscribed
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Guinness Nigeria's 39.70 billion naira ($126 mln) share sale to existing shareholders was 116 percent subscribed, the company said on October 4.
The brewer, the local unit of the world's leading spirit maker Diageo, said in a statement it sold five new shares from the company to shareholders for every 11 held, at 58 naira each.
The company, which is 54 percent owned by Diageo, said two shareholders applied for 50 million shares and above during the rights issue.
Diageo has said it was willing to take up its rights in the share issue to maintain its shareholding.
The company had been seeking to raise funds to strengthen its balance sheet after it posted its first annual loss in 30 years in the 12 months to June 2016.
Guinness Nigeria shares traded flat on October 4 at 98.55 naira on the Lagos bourse, up about 18 percent so far this year.
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Ukraine: First-half beer exports up 75%
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Ukraine’s beer export volume grew by 75% in the first half of this year, Rubaltic.ru reported on October 2.
According to data by Ukraine’s Export
...More info on site
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Japan: Asahi Breweries raising beer prices for the first time since 2008
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Asahi Breweries Ltd. will raise the price of beer delivered mainly to bars and restaurants by about 10 percent in March 2018, the company’s first price hike since 2008, Asahi Shimbun reported on October 4.
The increase will apply to bottles and barrels of the flagship Asahi Super Dry and other labels sold to wholesalers. The price for beer in cans will remain unchanged.
Changes to the liquor tax law that took effect on June 1 more strictly control sales of beer and other alcoholic beverages at prices below the cost involved in retailing them, unless there is a good reason for doing so.
Asahi decided to raise the price of beer because of higher distribution costs caused by a labor shortage, company officials said.
According to the officials, the commercial beer market has been struggling in recent years because of the shrinking population and younger Japanese shifting to other alcoholic beverages.
In 2016, sales of bottled beer decreased by about 40 percent over the figure in 2008. Sales of beer barrels to commercial establishments also declined by 8 percent over the same period.
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Hong Kong: Gweilo Beer to open Hong Kong’s largest craft brewery next summer
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Hong Kong’s Gweilo Beer, which was set up two and a half years ago in a spare bedroom, will open a new US$5 million craft beer brewery – Hong Kong’s largest – next summer to cater to rising demand for the company’s brews. The brewery, a hi-tech 14,000 sq ft facility in Fo Tan, is currently under construction, The South China Morning Post reported on October 3.
Gweilo, founded by Ian and Emily Jebbitt, and their friend Joe Gould, currently contracts out production of its three beers to another Hong Kong brewery.
“We’ve now outgrown where we make our beer,” says Ian Jebbitt, an intellectual property lawyer, who began brewing beer at home with his father at the age of seven in Oxfordshire in the UK.
“Demand for Gweilo beer is seriously high and for the past year we’ve been at maximum capacity and can’t make any extra beer. We’ve always dreamed of having our own brewery and now we’re in a position to do that,” he says.
A casual chat with a friend and fellow home brewer from Mui Wo on Lantau Island, who works for his family’s construction company, BCI Engineering, led to the latest development, which will enable the company to
...More info on site
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Barley News
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USA: Barley production estimated at 3.091 mln tonnes this year
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US barley production in 2017 is estimated at 142 million bushels (3.091 mln tonnes), according to the USDA’s small grains report, released September 29.
...More info on site
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EU: Central Europe’s barley quantities and qualities suffer from unfavourable weather
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A long heat wave in a large production area reduced barley quantities and qualities in Northern Austria, South and Central Moravia, West and South
...More info on site
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Ukraine: Barley inventories down 19.6% as of September 1
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According to the State Statistics Service, 23.35 mln tonnes of cereals and pulses were available in Ukraine as of September 1, 2017, or 4.5% less than at the same time last year (24.44 mln tonnes), UkrAgroConsult reported on October 4.
As of the reporting date, wheat stocks were down 5.2% year-on-year at 16.78 mln tonnes against 17.7 mln tonnes as of September 1, 2016. Barley inventories fell by 19.6% against last year, to 3.26 mln tonnes (4.06 mln tonnes in September 2016).
The decrease in grain inventories results both from some yield decline this year and quite active exports in the first months of the season, reports UkrAgroConsult.
At the same time, grower and miller stocks of corn are up 20.4% year-on-year at 1.61 mln tonnes against 1.34 mln tonnes as of September 1, 2016.
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