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Flash Summary
Last five Flashes
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E-Malt.com Flash 20b
May 17 - May 20, 2018
Quote of the Week
When I pray, coincidences happen, and when I don't, they don't.
William Temple
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Currency Rates
Base Currency: Euro
on May 18, 2018 |
Base Currency: US Dollar
on May 18, 2018 |
| |
1 EUR = 1.1805 USD
1 EUR = 0.8735 GBP
1 EUR = 1.5077 CAD
1 EUR = 1.5681 AUD
1 EUR = 130.6600 JPY
1 EUR = 4.3286 BRL
1 EUR = 73.0236 RUB
1 EUR = 7.5174 CNY
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1 USD = 0.8471 EUR
1 USD = 0.7395 GBP
1 USD = 1.2786 CAD
1 USD = 1.3295 AUD
1 USD = 110.5900 JPY
1 USD = 3.6840 BRL
1 USD = 61.8215 RUB
1 USD = 6.3636 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 18, 2018 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
169.50-171.50 |  0.59% |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 | 0.62% |
| 2RS Malt (FOB Antwerp) |
366.50-368.50 | 0.34% |
| 6RW Malt (FOB Antwerp) |
357.50-359.50 | 0.34% |
| Feed Barley (FOB Creil) |
162.00-164.00 | 0.62% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 |  0.53% |
| 6RW Malting Barley (FOB Creil) |
164.00-166.00 | 0.60% |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
355.00-357.00 | 0.34% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
192.00-194.00 | 0.03% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,144.00-1,146.00 | 1.72% |
| Malting Barley (West) |
1,164.00-1,166.00 | 0.85% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,194.00-1,196.00 | 0.83% |
| Malting Barley (West) |
1,194.00-1,196.00 | 0.83% |
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 |
349.00-351.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
255.00-257.00 |
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| Feed Barley, basis Winnipeg |
255.00-257.00 |
|
| Feed Barley, bulk in store, Vancouver |
318.00-320.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
171.00-173.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
126.00-128.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
|
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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.
New Zealand: Lion reports rise in 2017 revenue and volumes
...Click here
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Malaysia: Carlsberg Brewery Malaysia’s Q1 net profit up 19.9%
...Click here
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Ireland: C&C Group to invest EUR2 mln in increasing brewing capacity in Ireland
...Click here
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Sri Lanka: Lion Brewery praises government’s new tax policy
...Click here
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Thailand & Vietnam: Fifa World Cup expected to boost on-trade beer sales in Thailand and Vietnam
...Click here
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Argentina: Production ministry approves AB InBev, CCU brands swap in Argentina
...Click here
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Canada: Beer industry urges politicians to hike up marijuana taxes
...Click here
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India: Beer sales in Maharashtra decline on steep rise in prices
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Czech Hops Area, Production, and Yields 2012-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
WILD HOPS IN ITALY
ABSTRACT
Wild hops can be found almost everywhere - including
Italy. Maybe some wild hops found in Umbria, Italy can
help in future breeding to create new hop varieties. For
this reason a group of Italian researchers have an inventory
of the germplasm for a number of different wild hops.
REFERENCES:
Riccioni, C et al: IDENTIFICATION AND CHARACTERIZATION OF WILD HOP
GERMPLASM IN UMBRIA REGION, P.3.6 at13th Trends in Brewing, April 2018, Ghent
Read more
Source: Barth Innovations
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These Days in Business History
17 May
1892 - George Sampson patents clothes dryer
1921 - Belgian-Luxembourg sign customs union
1968 - European Space Research Org launches 1st satellite
18 May
1801 - Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1804 - Napoleon Bonaparte is proclaimed Emperor of the French by the French Senate
1822 - Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 - European Convention on Human Rights goes into effect
1969 - Apollo program: Apollo 10 is launched
19 May
1892 - Charles Brady King invents pneumatic hammer
1913 - William Reddington Hewlett is born, American Businessman
1939 - 1st regular transatlantic airmail (New York to Marsseille France)
20 May
1806 - John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 - International Bureau of Weights and Measures forms by treaty
1892 - Charles Brady King invents pneumatic hammer
1983 - First publications of the discovery of the HIV virus that causes AIDS in the journal Science by Luc Montagnier
Agenda
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)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
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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Ireland: Beer remains Ireland’s most popular drink
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The latest report from the Drinks Industry Group of Ireland (DIGI) shows that spirit consumption in Ireland is increasing, while beer still holds the
...More info on site
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New Zealand: Lion reports rise in 2017 revenue and volumes
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Lion - Beer, Spirits & Wine (NZ), the New Zealand unit of Japanese brewer Kirin Holdings, says 2017 revenue climbed 4.3 per cent and
...More info on site
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Malaysia: Carlsberg Brewery Malaysia’s Q1 net profit up 19.9%
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Carlsberg Brewery Malaysia Bhd kicked off the current financial year on a positive note, with its net profit up 19.9% to RM80.82 million in
...More info on site
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Ireland: C&C Group to invest EUR2 mln in increasing brewing capacity in Ireland
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Cider and beer maker C&C Group intends to invest up to €2 mln on increasing capacity at its Irish brewing facilities — either in
...More info on site
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Sri Lanka: Lion Brewery praises government’s new tax policy
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Sri Lanka's Lion Brewery has praised the government’s new tax policy based on alcohol content, saying beer sales had recovered sharply as it was
...More info on site
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Thailand & Vietnam: Fifa World Cup expected to boost on-trade beer sales in Thailand and Vietnam
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The Fifa World Cup competition is expected to boost on-trade sales and consumption of Thai Beverage’s beers, not only in Thailand but also in Vietnam, say analysts.
“We expect the World Cup event happening in June and July to stimulate on-trade consumption,” says RHB Securities while CGS-CIMB Securities says it is hopeful that World Cup festivities could catalyse beer sales in 3Q18.
To recap, ThaiBev’s results for the 2Q18 ended March have improved sequentially, held up by a recovery in spirit volumes sold in Thailand as well as acquisitions in the spirits and food segments, the Edge Singapore reported on May 16.
However, on-trade beer consumption reportedly remains weak, especially in the upcountry areas. As such, volumes were negatively impacted.
Earnings contributions from the acquisition of Saigon Beer Alcohol Beverage Corp (Sabeco) were also eroded by acquisition and finance costs.
Meanwhile, spirits segment continues to be resilient due to higher proportion of off-trade demand. The proportion of brown spirit sales has also increased relative to white spirits.
“We are optimistic on this trend, since brown spirits have a higher price point per bottle and could drive revenue growth faster than white spirits,” says RHB analyst Juliana Cai.
Phillip Securities analyst Soh Lin Sin says ThaiBev’s existing alcoholic
...More info on site
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Argentina: Production ministry approves AB InBev, CCU brands swap in Argentina
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Argentina’s production ministry approved Anheuser Busch InBev NV plan to divest its brands in the country, the Global Legal Chronicle reported on May 18.
Cleary Gottlieb Steen & Hamilton, Rosso Alba, Francia & Asociados, McDermott Will & Emery and Marval, O’Farrell & Mairal advised on the transaction.
As part of the proposal from AB InBev and CCU, which has operations in Argentina, AB InBev would transfer the Isenbeck, Diosa, Norte, Iguana and Baltica brands, as well as the licenses to Warsteiner and Grolsch, to CCU. In turn, CCU would give the Argentina rights to the Budweiser brand to AB InBev in exchange for a payment of up to $400 million over three years.
Anheuser-Busch InBev SA/NV manufactures alcoholic beverages. The company, led by Carlos Alves De Brito, Luis Felipe Pedreira Dutra Leite and Miguel Patricio in 2017 recorded €50 billion Revenues.
Compañía Cervecerías Unidas S.A. operates as a beverage company principally in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay.
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Canada: Beer industry urges politicians to hike up marijuana taxes
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When it comes to smoking weed, the grass is a little greener in Canada. Not only is the Great White North working to completely legalize cannabis this summer, the overall cost of pot is significantly cheaper north of the border. According to a recent analysis by Wikileaf, Canadians pay about 30% less for weed than their American neighbors, with an eighth of legal bud going for about C$40 in the States, and C$27.90 in Canada, the Merry Jane reported on May 17.
Medical cannabis has been legal in Canada since 2001, and the country's medical canna-businesses do not face the same restrictions that their American counterparts do. "Part of the reason cannabis is so much cheaper in Canada than the United States is there is a much longer history of legalization in Canada, and thus a larger supply of legal marijuana growers and sellers," Christian Parroco wrote for Wikileaf. "While cannabis companies in the United States can't even have bank accounts, in Canada there are publicly traded cannabis companies on the stock market. In anticipation of nationwide legalization this year, the supply of marijuana continues to grow."
Not everyone is psyched about the prospect of cheap, legally available weed, though. Canadians currently
...More info on site
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India: Beer sales in Maharashtra decline on steep rise in prices
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Despite a scorcher of a summer, the state of Maharashtra is cooling down less with beer, primarily because of a steep rise in its prices, the Mumbai Mirror reported on May 17.
Though the state has been a degree hotter in the past couple of months than it was last year during the same period, its consumption of beer has dropped by 6 per cent.
According to a senior official in the state excise department, in March and April this year Maharashtra consumed 5.91 crore litres of beer compared to 6.29 crore litres in the same two months in 2017.
Even year-on-year, consumption of beer in the state has dropped. In 2016-17, Maharashtra gulped down 32.48 crore litres of beer, while it dropped to 27.59 crore litres in financial year 2017-18.
In sharp contrast, Indian Made Foreign Liquor (IMFL) is moving off the shelves quickly with prices holding steady for the past two years. In April 2018, the state consumed 1.61 crore litres of IMFL, compared to 1.49 crore litres in the same month in 2017.
In October last year, the state government increased excise duty on beer by 17 per cent, but did not allow manufacturers to increase retail prices. This resulted in a
...More info on site
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