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Flash Summary
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E-Malt.com Flash 10b
March 08 - March 11, 2018
Quote of the Week
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Virgil
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Currency Rates
Base Currency: Euro
on March 09, 2018 |
Base Currency: US Dollar
on March 09, 2018 |
| |
1 EUR = 1.2421 USD
1 EUR = 0.8947 GBP
1 EUR = 1.6044 CAD
1 EUR = 1.5912 AUD
1 EUR = 131.8300 JPY
1 EUR = 4.0261 BRL
1 EUR = 70.5299 RUB
1 EUR = 7.8696 CNY
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1 USD = 0.8085 EUR
1 USD = 0.7213 GBP
1 USD = 1.2911 CAD
1 USD = 1.2811 AUD
1 USD = 106.1100 JPY
1 USD = 3.2507 BRL
1 USD = 56.8011 RUB
1 USD = 6.3331 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 09, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
182.50-184.50 |  0.54% |
| 6RW Malting Barley (FOB Creil) |
160.00-162.00 |  |
| 2RS Malt (FOB Antwerp) |
381.50-383.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
354.00-356.00 | |
| Feed Barley (FOB Creil) |
160.00-162.00 | |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 | |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
352.50-354.50 | |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
191.50-193.50 |  0.34% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 | |
| Malting Barley (West) |
1,204.00-1,206.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,224.00-1,226.00 | 1.61% |
| Malting Barley (West) |
1,224.00-1,226.00 | 1.61% |
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 |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
234.00-236.00 |
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| Feed Barley, basis Winnipeg |
234.00-236.00 |
|
| Feed Barley, bulk in store, Vancouver |
297.00-299.00 |
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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 |
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| Feed Barley, basis Minneapolis, Minnesota |
130.00-132.00 |
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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.
China: China Resources Beer in talks to acquire Heineken’s China business - sources
...Click here
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India: Heineken reportedly approaches Indian authorities about buying United Breweries shares confiscated from Vijay Mallya
...Click here
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Costa Rica: Fifco inaugurates new brewery in Costa Rica
...Click here
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World: USDA increases world barley trade forecast for 2017/18
...Click here
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Gabon: Beverages industry reports decline in output in 2017
...Click here
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Luxembourg: Brasserie Nationale Bofferding reports stable sales in 2017
...Click here
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Belgium & the Netherlands: Belgian Trappist monks upset by Dutch supermarket re-selling their beers without permission
...Click here
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Singapore: Singapore increasingly embracing craft beer
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
US Beer Sales, Import, and Export 2013 - 2017s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
08 March
1706 - Vienna's Wiener Stadtbank established
1927 - Pan American Airlines (World Airways) incorporates
1946 - 1st helicopter licensed for commercial use
1979 - Philips demonstrates the Compact Disc publicly for the first time
09 March
1861 - Confederate currency authorized-$50, $100, $500, $1,000
1959 - 1959 Barbie, the popular girls' doll, debuted, over 800 million sold
1987 - 1987 Chrysler Corp offered to buy American Motors Corp for $1 billion
10 March
1862 - U.S. issues 1st paper money ($5, $10, $20, $50, $100, $500 and $1000)
1982 - President Reagan proclaims economic sanctions against Libya
1995 - Dow-Jones hits record 4035.64
2000 - The Nasdaq Composite stock market index peaks at 5132.52, signaling the beginning of the end of the dot-com boom
11 March
1702 - 1st English daily newspaper "Daily Courant," publishes
1935 - Bank of Canada opens
1986 - 187.27 million shares traded in New York Stock Exchange
Agenda
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: ASBC Malt Flavor and Aroma Symposium 2018 (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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China: China Resources Beer in talks to acquire Heineken’s China business - sources
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China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than
...More info on site
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India: Heineken reportedly approaches Indian authorities about buying United Breweries shares confiscated from Vijay Mallya
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Heineken could become a majority shareholder in United Breweries after reportedly approaching the Indian authorities about buying the shares confiscated from the company’s former
...More info on site
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Costa Rica: Fifco inaugurates new brewery in Costa Rica
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Costa Rica’s Florida Ice and Farm’s (Fifco) on Tuesday, March 6, inaugurated a new beer plant with a capacity to produce up to 74,000 cans of beer per hour, with an investment of US$15 million dollars, Q Costa Rica News reported.
The new facility will allow the national beer company – the Cervecercia de Costa Rica – to increase its production capacity of beer and other alcoholic beverages by 40%.
Ramón Mendiola, CEO of Fifco, explained to La Nacion that the expansion will allow the company to meet national demand and export products to the Central American and United States market.
Mendiola explained that the new state-of-the-art technology plant will allow the company to add 15 new jobs to the existing 6,441 employees.
In addition, the new plant reduces energy and water consumption in line with Fifco’s objectives of being a carbon neutral company.
Among the new equipment, there is a pasteurizer that eliminates microorganisms from beer bottles and preserves the product for longer. Also, water consumption can be lowered by 60% through a temperature control and water recirculation.
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Gabon: Beverages industry reports decline in output in 2017
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According to figures from Société des brasseries du Gabon (Sobraga) and Sovingab, Gabon’s overall beverages output fell by 6.3% to 2.7 million hectolitres last year against 2.8 million hectolitres in 2016, due to weak demand in local market, Ecofin Agency reported on March 8.
Last year, the country produced 1.6 million hectolitres of beer and 961,024 hectolitres of soft drinks. Wine output was 44,713 hectolitres while that of other products was 44,474 hectolitres. Because of this, the branch’s turnover dropped from CFA167.8 billion in 2016 to CFA152.4 billion in 2017 (-9.1%).
In contrast, mineral water production increased by 17.9% during the same period, standing at 920,782 hectolitres. Likewise, the turnover in this sub-sector was nearly CFA15 billion, up by 1%, thanks to the Akewa products which significantly boosted sales.
Moreover, the interruptions of water supply boosted local demand for mineral water. Also, the number of employees rose to 73 with a payroll of CFA872.5 million, which means an increase by 7.4%.
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Luxembourg: Brasserie Nationale Bofferding reports stable sales in 2017
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Brasserie Nationale Bofferding S.A., the brewery behind Bofferding and Battin brands, saw sales stabilise in 2017, amounting at 150,000 hectolitres and recording €4 mln in Ebitda, Delano.lu reported on March 8.
Publishing its annual results on March 7, the company retained its place as the country’s biggest brewer for volume.
Its production volume was bigger than that of Diekirch and Mousel and Simon combined. The brewery reported that its Battin range has gone from strength to strength, selling 41,400 hectolitres. The momentum of this brand is expected to continue with the addition of a Battin Brune at the end of February.
There were positive results for its Munhowen subsidiary, which manages sales and administration. Excluding the brewery’s own products, it sold 251,400 hectolitres of drinks, an increase of 29,340 hectolitres. Turnover rose 8.7% to reach €74.4 mln (up from €68.4 mln in 2016) while Ebitda rose 9% (from €5.69 mln) to reach €6.2 mln.
The brewery report observes that the beer market in Luxembourg’s catering sector declined 2%, echoing the situation across Europe. “This fall is compensated by an increase in demand for non-beer products,” the report said.
In 2017, the Brasserie Nationale installed photovoltaic panels, improved insulation and introduced new drying techniques, enabling it
...More info on site
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Belgium & the Netherlands: Belgian Trappist monks upset by Dutch supermarket re-selling their beers without permission
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The monks of a Trappist monastery in Belgium are reportedly very upset that a Dutch supermarket is re-selling its beers without permission and for a huge mark-up, The Drinks Business reported on March 9.
The abbey of Saint-Sixtus in Westvleteren is one of the Low Countries’ renowned Trappist brewing communities and its beer is not only highly sought-after but also tricky to get hold of.
The beer is only sold at the abbey’s shop and a local café and all orders from the shop must be reserved in advance and then picked up in person. The monks even take note of the registration number of the car that will be used to pick up the beer and once a reservation has been made then the same telephone and registration number cannot be used again to place an order for 60 days.
In addition, all beer purchased must be for personal consumption and consumers must agree not to sell the beer on to third parties. In 2011, at a time when it needed funds to renovate its buildings, the abbey did grant permission to a retailer to sell its beer commercially, Belgian wholesaler Colruyt, and then in 2012 Dutch wholesaler Sligro, for the price
...More info on site
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Singapore: Singapore increasingly embracing craft beer
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After trying a craft beer during a scuba diving trip in Bali, Mr Francis Khoo of Singapore fell in love.
In 2015, he opened microbrewery Little Island Brewing Co in Changi Village, offering about 15 craft beers brewed on site, The New Paper reported on March 8.
"What I like about craft beers is that they have a hoppier flavour and more body than mass-produced beers," he said.
The number of licensed microbreweries in Singapore has risen, from 12 in 2013 to 21 last year.
There is growing interest from Singaporeans, with businesses telling The New Paper they have seen more customers over the years.
Craft Brew Asia, an interest group that holds tasting events and brewing classes, has about 200 members now. When it started in 2004, it had only "a handful".
For Mr Khoo, 50, good ingredients and quality set such beers apart from those produced by mainstream brands.
He said: "For craft beer, we import and use a lot of ingredients like barley, wheat and different varieties of hops from countries like the UK, which is expensive. Some mass-produced beers and lagers may add rice instead of barley as a cheap substitute to get fermentable sugar."
Mr Kevin May, 31, general manager of Neptune Marine
...More info on site
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Barley News
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World: USDA increases world barley trade forecast for 2017/18
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China’s resurgent demand and lower global barley production are driving prices to their highest point in nearly 3 years, USDA said in its monthly
...More info on site
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EU: Malting barley markets stable for crop 2018
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The EU malting barley markets have been quite stable on crop 2018, GrainCom reported in their latest Newsletter on March 9.
In France, the
...More info on site
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