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Flash Summary
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E-Malt.com Flash 05a
January 29 - January 31, 2018
Quote of the Week
Nothing ever tasted better than a cold beer on a beautiful afternoon with nothing to look forward to than more of the same.
Hugh Hood
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Currency Rates
Base Currency: Euro
on January 31, 2018 |
Base Currency: US Dollar
on January 31, 2018 |
| |
1 EUR = 1.2421 USD
1 EUR = 0.8793 GBP
1 EUR = 1.5304 CAD
1 EUR = 1.5345 AUD
1 EUR = 134.9800 JPY
1 EUR = 3.9280 BRL
1 EUR = 69.5424 RUB
1 EUR = 7.8566 CNY
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|
1 USD = 0.8068 EUR
1 USD = 0.7095 GBP
1 USD = 1.2338 CAD
1 USD = 1.2370 AUD
1 USD = 108.7500 JPY
1 USD = 3.1653 BRL
1 USD = 56.2914 RUB
1 USD = 6.3266 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 31, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  |
| 6RW Malting Barley (FOB Creil) |
157.00-159.00 |  0.64% |
| 2RS Malt (FOB Antwerp) |
384.00-386.00 | |
| 6RW Malt (FOB Antwerp) |
349.00-351.00 | 0.35% |
| Feed Barley (FOB Creil) |
150.00-152.00 | 1.34% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
345.00-347.00 | |
| 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) |
1,254.00-1,256.00 | 0.79% |
| Malting Barley (West) |
1,254.00-1,256.00 | 0.79% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,174.00-1,176.00 | 1.67% |
| Malting Barley (West) |
1,174.00-1,176.00 | 1.67% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
310.00-312.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
649.00-651.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
649.00-651.00 |
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| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
219.00-221.00 |
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| Feed Barley, basis Winnipeg |
219.00-221.00 |
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| Feed Barley, bulk in store, Vancouver |
282.00-284.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
|
| Feed Barley, basis Minneapolis, Minnesota |
121.00-123.00 |
|
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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.
Brazil: Beer production estimated to have increased by 9.9% last year
...Click here
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Vietnam: Vietnam beer market could be in for a revamp
...Click here
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South Korea & Europe: Hite Jinro’s beer sales in Europe up 60% in 2017
...Click here
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Nigeria: Guinness Nigeria reports net profit in Q2 2017/18 as compared to loss recorded last year
...Click here
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Australia & China: China’s ‘insatiable’ demand for Australian barley could continue
...Click here
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Mexico: Opposition to Constellation Brands’ new brewery in Mexicali continues
...Click here
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Ghana: The Accra Brewery Limited buys a plant to boost production capacity
...Click here
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Kenya: East African Breweries secures Sh12.5 bln loan for its Senator Keg factory in Kisumu
...Click here
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South Korea & China: Oriental Brewery looking to export its Cass beer to China
...Click here
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New Zealand: Lion to open micro-brewery in Christchurch in late March
...Click here
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Canada: Heineken’s alcohol-free beer now available in Canada
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
29 January
1886 - 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 - 193.8 million shares traded in NY Stock Exchange
1988 - United Airlines Boeing 747SP, circles world in 36h54m15s
30 January
1922 - World Law Day, 1st celebrated
1951 - Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 - Belgium's TV channel 2 in Flanders goes on the air
31 January
1956 - The twist off bottle cap is invented
1973 - Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 - McDonald's opens its first restaurant in Russia
2010 - Avatar becomes the first film to gross over $2 billion worldwide
Agenda
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
16-18: Barcelona Beer Festival 2018 (Barcelona, Spain)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
16-18: Craft Beer China 2018 (Shanghai, China)
22-24: Beer 2018 (Sochi, Russia)
23-27: Latvia Beer Fest 2016 (Riga, Latvia)
31-02 June: Copenhagen Beer Festival 2018 (Copenhagen, Denmark)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
07-08: The Brewers of Europe Forum 2018 (Brussels, Belgium)
10-13: The 1st ​International Brewing Symposium on Malt Flavor and Aroma in Beer (Roseville, MN, USA)
20-22: Sea Brew 2018 (Manila, Philippines)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
07-11: The Great British Beer Festival 2018 (London, UK)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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Brazil: Beer production estimated to have increased by 9.9% last year
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Brazil’s brewing sector is starting to show the first signs of recovery: according to Paulo Petroni, executive director of the Brazilian beer industry association
...More info on site
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Vietnam: Vietnam beer market could be in for a revamp
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According to Ban Viet Securities (VCSC), the Vietnamese beer market is now controlled by Sabeco which holds 40 percent of market share, Heineken 25
...More info on site
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Nigeria: Guinness Nigeria reports net profit in Q2 2017/18 as compared to loss recorded last year
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A subsidiary of Diageo Plc of the United Kingdom, Guinness Nigeria, on January 30, released its Q2-17/18 results, showing an improvement from what was
...More info on site
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South Korea & Europe: Hite Jinro’s beer sales in Europe up 60% in 2017
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Hite Jinro Co., South Korea's leading liquor manufacturer, said on January 29 its combined sales in key European countries jumped 60 percent on-year, as it moves to expand its presence in the global market, the Yonhap News reported.
A total of 220,000 cases of beer were sold in European countries, including England, France, Germany and Russia, according to the company.
Among the total, 170,000 cases were sold in Russia, in line with the growing popularity of Korean food and drinks in the country, it said.
"We will expand our distribution channel in Europe and strengthen our grip on the market," said Hwang Jeong-ho, a senior company official in charge of overseas businesses.
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Mexico: Opposition to Constellation Brands’ new brewery in Mexicali continues
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A major U.S. beer manufacturer’s decision to build a giant production plant in Baja California’s desert capital has been cause for much celebration in Gov. Francisco Vega de Lamadrid’s administration. But not everybody is applauding, the Reading Eagle reported on January 29.
Constellation Brands, maker of Modelo and Corona beers, finds itself in the crossfire of a bitter dispute. On one side are government officials who are vowing to see the project through; on the other, opponents determined to shut it down, saying the plant will use a large amount of water that should go to local farmers.
The stakes are high: The project is a state-of-the-art brewery that represents an investment of more than $1 billion — the largest the region has seen in years, some say decades, and will provide 750 permanent jobs.
The plant, scheduled for completion in late 2019 or early 2020, will be export-oriented, with all product destined for U.S. consumers. In the initial phase, it expects to produce 132 million gallons annually — the equivalent of 58 million cases of beer; at a maximum it would produce four times that amount.
“Mexicali is growing like it never has in its history, and part of the reason is that
...More info on site
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Ghana: The Accra Brewery Limited buys a plant to boost production capacity
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The Accra Brewery Limited (ABL), one of the largest and leading breweries in Ghana, has acquired a 25 million-dollar plant to boost the production of varieties of non-alcoholic and alcoholic beverages, The Ghana News Agency reported on January 31.
The plant has the capacity to produce over 40,000 bottles of beverages daily.
Speaking to the media in Accra on January 31 after a familiarisation tour at the facility, Ms Adowoa Arthur, ABL Legal and Corporate Affairs Director, said the company would inaugurate the equipment by mid-year to augment its operations.
The tour was also to afford journalists the opportunity to interact with management and understand the operations of ABL, now a subsidiary of Anheuser-Busch (AB) InBev, the world’s leading brewer.
Ms Arthur explained that the new plant gives the company the operational ability to introduce more brands to satisfy consumers.
According to her, the new facility has modern robotics for cleaning bottles, designing and labelling products among others.
“With the new equipment, we are able to increase our production levels to meet the demand of our consumers,” she added.
She said under the new ownership ABL was more focused and more determined than before to be the preferred beverage company in Ghana.
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Kenya: East African Breweries secures Sh12.5 bln loan for its Senator Keg factory in Kisumu
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East African Breweries Limited (EABL) has secured a Sh12.5 billion long-term loan from Standard Bank Group to fund the ongoing construction of its Senator Keg factory in Kisumu, The Daily Nation reported on January 27.
The completion of the factory is expected to create 110,000 direct and indirect jobs and push sorghum demand from the current 20,000 tonnes to around 40,000 in the next five years.
The regional brewer says the South Africa-based lender has committed to advance the business Sh7.5 billion with Stanbic Holdings, its Kenyan subsidiary, funding the balance.
The EABL, which is 50.02 per cent owned by multinational brewer Diageo, says it will pump in Sh2.5 billion of its own cash into the Sh15 billion factory whose construction is expected to be complete by July 2019.
“We managed to secure a Sh12.5 billion long-term facility,” said Gyuri Geiszl, EABL’s finance director. “We have just drawn down a small portion, about Sh2 billion, since the project has just started. As we move along, we shall generate the cashflow to fund the remaining portion.”
The EABL did not disclose the tenure of the facility or the applicable interest rate.
Stanbic Holdings has been one of EABL’s four principal bankers, supporting other capital intensive projects alongside
...More info on site
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South Korea & China: Oriental Brewery looking to export its Cass beer to China
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Oriental Brewery (OB), a South Korean beer company, plans to export one of its flagship alcohol beverages to China this year, using the marketing and sales networks of its parent company Anheuser-Busch InBev (AB InBev) in the region, the company said on January 30.
The beer brand OB will be introducing to Chinese consumers will be Cass, which will be more expensive than Tsingtao and Harbin, but cheaper than AB InBev's Budweiser.
It seeks to use its export momentum in Japan, Hong Kong and Mongolia to extend its reach to mainland China, the world's second largest economy, it added.
OB's Blue Girl, which is distributed by Jebsen in Hong Kong, has been the No. 1 beer brand in the Chinese city since 2007.
The premium beer may be 50 percent more expensive than other alcohol beverages in Hong Kong, but it was able to surpass San Miguel's market share.
This is because OB used a localization strategy by making and distributing Blue Girl tailored to Hong Kong consumers.
OB's Cass is the No. 1 beer in Mongolia with a 40 percent market share, the company added.
It began marketing and selling Cass in Mongolia in December 1998 through its unique delivery system in which the
...More info on site
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New Zealand: Lion to open micro-brewery in Christchurch in late March
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Brewing giant Lion wants to revive its presence in Christchurch, New Zealand after the earthquake destroyed its iconic red building, but this time with the goal of creating the world's most sustainable brewery, Stuff.co.nz reported on January 28.
Lion's latest project, The Fermentist, will be a micro-brewery located on Colombo Street, near the old Canterbury Breweries.
Canterbury Breweries, which is owned by Lion Nathan, was on the corner of Antigua and St Asaph streets, but shut its doors in 2012 because of extensive earthquake damage.
Lion's sustainability manager Kat McDonald said the intent behind The Fermentist was to create transparency in how Lion produced its beer, and also to use it as a platform that educated consumers about what was behind their purchasing decisions.
All hops used to produce the beer will be sourced from Nelson.
The micro-brewery is planned to be solar-powered, have rain water storage, an electric vehicles fleet and has also partnered with a local grocer, Cultivate, that grows vegetables in Christchurch and delivers them by electric bike.
McDonald said the name The Fermentist was a play on the brewing process of the beer but also about the fermented foods that will be sold through its cafe.
"The name conjures up experimentation and trying
...More info on site
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Canada: Heineken’s alcohol-free beer now available in Canada
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Heineken announced on January 29 that its alcohol-free beer is now available in Canada, Canadify reported.
Heineken 0.0 is an alcohol-free lager brewed from scratch with a unique recipe using natural flavours for a beverage that offers a balanced taste with fruity notes and a soft malty body, the company said.
Available in over 16 international markets, Canada is the first country in North America to offer Heineken 0.0.
Featuring 69 calories per 330ml bottle or can, the brand’s iconic green Heineken label has been replaced with a new blue version associated with the alcohol-free category.
Heineken 0.0 can be found at grocers and select retailers across Canada in n 330ml cans and bottles, 6 packs of 330ml cans and 6 packs of 330ml bottles.
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Barley News
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Australia & China: China’s ‘insatiable’ demand for Australian barley could continue
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China is soaking up almost all of Australia's barley exports due to rising livestock feed demand and the trend could continue as Beijing looks to divert corn supplies toward ethanol fuel, an Australian export firm said on January 26, Nasdaq reported.
China now buys 80-90 percent of Australian barley exports, reflecting "insatiable" demand from its livestock industry, Scott Haughton, managing director of Peter Cremer Australia, said.
"Australia has turned away from global barley pricing due to this fact," he told the Paris Grain Day conference organised by consultancy Agritel. "If you look at Australian barley and (China's) Dalian corn on any given day there's a correlation."
Australian barley exports are expected to fall sharply this season to 5.5 million tonnes after a weather-hit harvest, Haughton said, but Chinese demand is likely to remain strong.
The adverse weather also affected crop quality, which has reduced the amount of malting-grade barley and helped Canada take some market share in China in the malt segment.
Chinese reforms of agricultural policy could sustain strong demand for Australian feed barley as China plans to develop use of ethanol fuel that could absorb some of its huge corn stocks, Haughton said.
Chinese demand could encourage Australian farmers to grow more barley as
...More info on site
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