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Flash Summary
Last five Flashes
Last five graphs
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E-Malt.com Flash 29b
July 19 - July 22, 2018
Quote of the Week
Anyone can drink beer, but it takes an intelligence to enjoy beer.
Stephen Beaumont
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Currency Rates
Base Currency: Euro
on July 20, 2018 |
Base Currency: US Dollar
on July 20, 2018 |
| |
1 EUR = 1.1588 USD
1 EUR = 0.8930 GBP
1 EUR = 1.5351 CAD
1 EUR = 1.5804 AUD
1 EUR = 130.9800 JPY
1 EUR = 4.4874 BRL
1 EUR = 73.4808 RUB
1 EUR = 7.8553 CNY
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1 USD = 0.8599 EUR
1 USD = 0.7677 GBP
1 USD = 1.3225 CAD
1 USD = 1.3567 AUD
1 USD = 112.7400 JPY
1 USD = 3.8537 BRL
1 USD = 63.2746 RUB
1 USD = 6.7596 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 20, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
204.50-206.50 |  0.98% |
| 6RW Malting Barley (FOB Creil) |
178.00-180.00 | 0.56% |
| 2RS Malt (FOB Antwerp) |
404.50-406.50 | 0.61% |
| 6RW Malt (FOB Antwerp) |
372.00-374.00 | 0.33% |
| Feed Barley (FOB Creil) |
173.00-175.00 | 1.16% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
191.00-193.00 |  1.69% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,614.00-1,616.00 | 1.22% |
| Malting Barley (West) |
1,614.00-1,616.00 | 1.22% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,564.00-1,566.00 | 1.26% |
| Malting Barley (West) |
1,564.00-1,566.00 | 1.26% |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, track in Winnipeg rail |
306.00-308.00 |
 |
| 2-Row Malting Barley, bulk, track in Vancouver rail |
325.00-327.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
251.00-253.00 |
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| Feed Barley, basis Winnipeg |
251.00-253.00 |
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| Feed Barley, bulk in store, Vancouver |
314.00-316.00 |
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Canadian Barley/Malt
Crop 2018 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, track in Winnipeg rail |
333.00-335.00 |
|
| 2-Row Malting Barley, bulk, track in Vancouver rail |
352.00-354.00 |
|
| 6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
nq |
|
| Feed Barley, basis Winnipeg |
nq |
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| Feed Barley, bulk in store, Vancouver |
nq |
|
US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
180.00-182.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
148.00-150.00 |
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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.
USA & Mexico: US beer imports up 4.6% in January-April with Mexican beer maintaining leadership
...Click here
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Vietnam: Sabeco reduces profit target for this year by 19% to VND4 trillion
...Click here
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Slovakia: Per capita beer consumption increased 5% last year
...Click here
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Ireland: Production of microbreweries surges while general beer consumption is shrinking
...Click here
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World: Barley crops may turn out smaller than current estimates
...Click here
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EU: Barley crop hit by drought but France could save the day - experts
...Click here
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Canada: Barley use in 2017/18 forecast to increase 7%
...Click here
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Nigeria: Competition on the rise with the arrival of Budweiser in Nigeria
...Click here
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India: United Breweries to pay 18% GST on profit from beer manufacturing units
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Austria Brewing Industry 1980-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 July
1860 - 1st railroad reaches Kansas
1967 - 1st air conditioned New York City subway car (R-38 on the F line)
20 July
1837 - Opening of London's first major railway station - at Euston
1868 - 1st use of tax stamps on cigarettes
1903 - The Ford Motor Company ships its first car
1992 - Charles Schwab opens its "mutual fund supermarket," allowing investors to choose from hundreds of different funds without paying transaction fees, as it introduces its OneSource program
21 July
1955 - Ian Donald made his first investigation of the use of ultrasound in medical diagnosis
1969 - Astronaut Neil A. Armstrong was the first man to walk on the Moon
2011 - NASA's Space Shuttle program
22 July
1872 - Mahlon Loomis patents wireless radio
1961 - 1st in-flight movie shown, TWA
Agenda
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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USA & Mexico: US beer imports up 4.6% in January-April with Mexican beer maintaining leadership
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U.S. beer imports in January-April were 11.674 mln barrels, 4.6% up from 2017, H. M. Gauger GmbH said in their July report.
Mexico shipped 8.18 mln barrels to the U.S., 70% of all imports and 9.5% more than in 2016.
In 2016 Mexico produced 105 mln hl of beer, 7.8% more than in 2015. The country produced 455,000 tonnes and imported 415,000 tonnes of malt. Mexico has become one of the top players in the world beer and malt market.
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Vietnam: Sabeco reduces profit target for this year by 19% to VND4 trillion
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After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh
...More info on site
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Norway: H1 beer sales up 3%
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Warm weather has coincided with record sales of beer and bottled water in Norway, but fewer soft drinks are being consumed, The Local Norway
...More info on site
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Slovakia: Per capita beer consumption increased 5% last year
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Slovaks do not drink as much alcohol as they used to in the past. Last year’s statistics indicate that alcohol consumption is at its
...More info on site
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Ireland: Production of microbreweries surges while general beer consumption is shrinking
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The craft beer revolution continues to take hold in Ireland with about 100 microbreweries now operating around the country, according to new research.
The Irish
...More info on site
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Nigeria: Competition on the rise with the arrival of Budweiser in Nigeria
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According to a report by a market research group, Global Data, Africa is the fastest growing region for beer consumption. Nigeria, however, leads the pack of 10 biggest beer drinking countries on the continent. Beer brands make up just 16 percent of alcohol consumption in the country, while other drinks (spirits and locally brewed drinks) make up 84 percent, the Nairametrics reported on July 19.
Until recently, the race for the biggest beer market share in the country was a two-horse race between Heineken N.V., owners of Nigerian Breweries Plc and Diageo, owners of Guinness Nigeria.
The narrative seems to have changed with the recent introduction of new products such as Budweiser, dubbed as the king of beers, from the stables of AB InBev, the parent company of International Breweries, into the Nigerian market. The battle now seems to be among three international players, which many have termed as the “Triangular Beer War”.
This article seeks to examine how major players in the beer business are handling the stiff competition and get a feel of consumers’ pulse about the new beer product, Budweiser.
The year 2011 ushered in a disruption in the beer market with the arrival of SABMiller, which was then the world’s
...More info on site
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India: United Breweries to pay 18% GST on profit from beer manufacturing units
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United Breweries (UBL), which makes beer under the Kingfisher brand, is liable to pay an 18% GST on 'surplus profit' received from beer manufacturing units contracted by it to make and sell alcohol beverage under its brand name, the Financial Express reported on July 19 citing a ruling passed by Authority of Advanced Ruling (AAR) in Karnataka.
The order is likely to dent the profit of UBL as the tax would be inadmissible as input tax credit because potable alcohol is outside the GST ambit. “This payment of 18% GST on collections made by brand owner from brewery would burden the supply chain with additional tax. This tax payment would be non-creditable as the final product i.e. potable alcohol is outside the ambit of the GST,” Rajat Mohan, partner at AMRG & Associates, said.
Beer under the brands owned by UBL is manufactured by contract brewing/bottling plants (CBU), which also supply the product in the market. CBUs retain a part of profit from beer sales and pass on the ‘surplus profit’ to the brand owner.
UBL had approached the AAR to clarify GST applicability on profit earned by CBUs and its own share of sales proceeds. The authority concluded that CBUs are not
...More info on site
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Barley News
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World: Barley crops may turn out smaller than current estimates
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Barley crops may turn out smaller than present estimates, as the drought continues in the major EU and Black Sea barley regions, H. M.
...More info on site
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EU: Barley crop hit by drought but France could save the day - experts
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Drought has seriously damaged barley harvests in north Europe, potentially tightening supplies of animal feed and malt for beer brewing, but a decent crop
...More info on site
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Canada: Barley use in 2017/18 forecast to increase 7%
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For 2017-18, Canada’s total domestic barley use is forecast to increase 7% to 6.288 mln tonnes with higher feed and industrial use, Agriculture and
...More info on site
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