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E-Malt.com NewsLetter
Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes


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Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 34b
August 23 - August 26, 2018

Quote of the Week

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Currency Rates


Base Currency: Euro
on August 24, 2018
Base Currency: US Dollar
on August 24, 2018
      1 EUR = 1.1579 USD
1 EUR = 0.8988 GBP
1 EUR = 1.5089 CAD
1 EUR = 1.5888 AUD
1 EUR = 128.3100 JPY
1 EUR = 4.6976 BRL
1 EUR = 79.2502 RUB
1 EUR = 7.9643 CNY
      1 USD = 0.8652 EUR
1 USD = 0.7780 GBP
1 USD = 1.3053 CAD
1 USD = 1.3742 AUD
1 USD = 111.0000 JPY
1 USD = 4.0661 BRL
1 USD = 68.5259 RUB
1 USD = 6.8701 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 24, 2018
French Barley/Malt
Crop 2018
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 233.50-235.50 down0.42%
6RW Malting Barley (FOB Creil) 217.00-219.00 -
2RS Malt (FOB Antwerp) 440.00-442.00 down0.28%
6RW Malt (FOB Antwerp) 420.00-422.00 -
Feed Barley (FOB Creil) 205.00-207.00down0.48%
German Malting Barley
Crop 2018
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price 213.00-215.00 down0.19%
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,714.00-1,716.00 -
Malting Barley (West) 1,714.00-1,716.00 -
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
DKK/T %
Malting Barley (East) 1,484.00-1,486.00 -
Malting Barley (West) 1,484.00-1,486.00 -
Canadian Barley
Crop 2018
CAD/T %
2-Row Malting Barley, bulk, track in Winnipeg rail 364.00-366.00 -
2-Row Malting Barley, bulk, track in Vancouver rail 339.00-341.00 -
6-Row Malting Barley, bulk, track/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 254.00-256.00 -
Feed Barley, basis Winnipeg 254.00-256.00 -
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  
Feed Barley, basis Great Falls, Montana 142.00-144.00 -
Feed Barley, basis Minneapolis, Minnesota 129.00-131.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news Africa: Global brewers reinventing themselves to cater to local beer demand in Africa ...Click here
Brewery news The Philippines: San Miguel plans $2.7 bln share sale in food and beverage unit ...Click here
Brewery news Vietnam: Brewers exploring low and no-alcohol beer categories as government plans to ban sales of stronger drinks after 10 pm ...Click here

Barley news Canada: Barley harvest expected to be completed by first week of September ...Click here

Hops news Germany: Hop harvest to drop to 40,124 tonnes this year ...Click here
Hops news The Czech Republic: Hop growers expect significant slum in harvest this year ...Click here


More Industry News


Brewery news Ireland: Number of pubs continues to decline alongside sliding demand for beer ...Click here
Brewery news UK: Non-alcoholic beer sales up 58% in UK retail ...Click here
Brewery news South Korea & China: Korean beer exports to China more than double in 2017 ...Click here
Brewery news Malaysia: Tobacco and alcohol manufacturers in for higher sales and services tax ...Click here

Graph of the week



Source: Deutscher Maelzerbund e. V.

Table of the week

Russia Malt Production 2013-2017


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


23 August
1891 - Thomas Edison patents motion picture camera
1904 - Automobile tire chain patented
1939 - Molotov-Ribbentrop pact: East Europe divided between Hitler and Stalin

24 August
1853 - 1st potato chips prepared by Chef George Crum (Saratoga Springs, NY)
1869 - Cornelius Swarthout patents waffle iron
1995 - Windows 95 debuts

25 August
1609 - Galileo demonstrates his 1st telescope to Venetian lawmakers
1900 - Friedrich Nietzsche philosopher, dies in Weimar, Germany
1956 - 1st non-stop transcontinental helicopter flight arrived Washington D.C.

26 August
1541 - Turkish sultan Suleiman occupies Budapest and annexes Hungary
1843 - Charles Thurber patents a typewriter
1880 - Guillaume Apollinaire was born, poet/movie critic (Alcoola)

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


BreweryBrewery News Brewery


Brewery news Africa: Global brewers reinventing themselves to cater to local beer demand in Africa
Global breweries are reinventing themselves to cater to local beer demand from Africa, in light of predictions that the continent could account for 40% of global volume within the next 10 years, The Drinks Business reported on August 23.

Leading drinks producers such as Diageo, AB InBev and Heineken are creating low-price, locally brewed beer in order to drive profit growth in one of the world’s fastest growing beer markets. Most of their premium brands are out of reach for the majority of Africans, due to low income, currency shortages and economic fluctuations, according to WSJ.

Beer consumption in Africa is by far the lowest in the world, at about 10 litres of beer per capita, compared with 75.8 litres in the US and 67.7 litres in the UK.

However, the continent is the fastest-expanding market and more profitable than other emerging economies in Eastern Europe and Asia, writes the newspaper, citing research from Bernstein Research.

The potential of the continent’s beer consumption is so vast that it has led Deutsche Bank to predict that Africa is going to account for 40% of global volume and profit growth for the beer industry in the next 10 years.

A few of the world’s leading breweries such ...More info on site


Brewery news The Philippines: San Miguel plans $2.7 bln share sale in food and beverage unit
Philippine conglomerate San Miguel Corp said it was selling a $2.7 billion stake in its food and beverage unit San Miguel Food and Beverage Inc at a rich premium, sending shares of both firms soaring to multi-year highs, Reuters reported on August 23.

The share sale, the biggest ever secondary offering in the country, is part of the parent firm’s asset restructuring plan announced last year to inject its food and beverage assets worth 336 billion pesos ($6.3 billion) into the unit via a share swap.

San Miguel said on August 23 it was seeking regulatory nod to sell up to 1.02 billion shares in the unit at up to 140 peso each, or a 75 percent premium to Wednesday, August 22nd’s close of 80 peso.

Shares of San Miguel rose 12.7 percent to their highest since 2011, while shares of San Miguel Food and Beverage shot up 16 percent to 92.85 peso - a level unseen since 2012.

With shares of the food unit trading below the indicative offer price and market uncertainty rising amid global trade tensions and rising U.S. interest rates, some investors expect San Miguel may have to cut the offer prices.

“One hundred forty is a bit too high,” said ...More info on site


Brewery news Vietnam: Brewers exploring low and no-alcohol beer categories as government plans to ban sales of stronger drinks after 10 pm
Vietnam is exploring the low and no-alcohol beer categories for growth potential as the government intends to ban sales of higher strength drinks after 10pm, The Drinks Business reported on August 22.

The country’s Saigon binh Tay Beer (Sabibeco), an affiliate of the country’s biggest brewery Sabeco, is planning to quintuple the production of its ‘Sagota’ brand of low-alcohol beer to 1 billion litres by 2025, Nikkei reported.

The beer, with less than 0.5% alcohol content, was first launched in 2014 but did not catch on upon its release. Interest however has recently started to build among women and younger beer drinkers.

In addition to domestic production, imports of non-alcoholic and low alcohol beer are also increasing, mainly from Germany and Japan.

German brand Oettinger’s alcohol-free beer, Japan’s Asahi Breweries’ Dry Zero and Russia’s Baltika are available in Vietnam’s supermarkets and online retail space.

The trend in Vietnam also coincided with a time when the government is mulling whether to pass a bill that would ban the sales of alcoholic beverages above 15% ABV after 10pm, which could give a further boost to the ‘low and no’ drinks sector.

The new bill proposed by the country’s Heath Ministry is to be reviewed by parliament next year.

Vietnam ...More info on site


Brewery news Ireland: Number of pubs continues to decline alongside sliding demand for beer
The number of pubs in Ireland continues to decline, as more people are increasingly socialising at home, according to latest figures from the Drinks Industry Group of Ireland (DIGI).

The report also found that demand for beer continues to slide, even as wine is becoming more popular in the country.

The DIGI report found that just 7,140 pubs operate in Ireland as of end-2017, down 17% from 2005, as more than two pubs have been closing a week on average. The strongest decline was in Cork, where 25% of pubs have shut down in the past 12 years. In contrast, the number of off-licences rose by 12% in the same period to 3,331.

According to DIGI, 90,000 jobs across the country are dependent on the drinks industry, which purchases more than €1.1 bln worth of Irish produce annually, exports goods worth more than €1.25 bln, and provides more than €2.3 bln in State revenue (via excise and VAT).

Beer remained the most popular alcoholic beverage in the country, but its market share slid by 100bps to 44.8%, even as wine saw its market share edge up 10bps to 27.7%. Wine consumption grew by 0.5% during the year, in contrast to ...More info on site


Brewery news UK: Non-alcoholic beer sales up 58% in UK retail
Sales of branded products outstripped private-labels in supermarkets for the first time since 2015 this summer, while non-alcoholic beer went from strength to strength, according to the latest figures from Kantar Worldpanel, the Drinks Business reported on August 22.

Heavily branded categories – such as savoury snacks, ice cream and soft drinks – performed particularly well over the hot summer months, helping branded growth of 3.9% overtake that of total own label. This compares to total grocery market growth of 3.5%.

However, more expensive premium own-label lines across the market are still growing strongly, up 6.3% in the 12 weeks to 12 August.

Brits spent an additional £67 million on alcoholic drinks, while non-alcoholic beers were up 58% compared to this time last year.

Kantar analyst Fraser McKevit said the boost for brands is further evidence of the continued growth of premiumisation in the retail sector.

“Consumers’ willingness to spend that little bit extra to fully enjoy the summer sunshine has helped push brands ahead of their own-label counterparts,” he said.

“At Tesco and Sainsbury’s branded growth has outstripped own-label for a while and – as the two biggest retailers in the grocery market – this has contributed to the market shift.”

The news comes after months ...More info on site


Brewery news South Korea & China: Korean beer exports to China more than double in 2017
South Korea’s beer export to China more than doubled last year compared to a year ago amid unfazed popularity of Korean pop culture, while harder liquor varieties lost favor with Chinese drinkers, the Pulse News reported on August 22.

According to state-run Korea Agro-Fisheries & Food Trade Corp. on August 22, Korea shipped out 65 million litres of beer to China in 2017, more than doubled from 31.6 million litres in the previous year. Beer export value also doubled to $50.2 million from $23.99 million as average sale price rose $0.77 per litre from $0.76 over the cited period.

Korean beers accounted for 9.1 percent share of China’s overall import beer market in 2017, sharply up from 4.9 percent in the previous year based on volume. In dollar terms, Korean beer products’ share stood at 6.7 percent last year, compared with 3.6 percent in the previous year.

The best-selling Korean beer in China was ‘Blue Girl,’ sold by Korea’s leading brewer Oriental Brewery Co. (OB) as an original design manufacturer. Blue Girl, which penetrated into Chinese beer market through Hong Kong, accounted for 87.9 percent of Korean beer sales in China last year, up from 72 percent in the previous ...More info on site


Brewery news Malaysia: Tobacco and alcohol manufacturers in for higher sales and services tax
While it was reported that the Malaysian government will keep the current excise duty rates on alcohol and tobacco for 2019, tobacco and alcohol manufacturers will be imposed a higher sales and services tax (SST) when it makes a comeback next month, The Edge Markets reported on August 24.

According to a guide on proposed sales tax rates for various goods prepared by the Royal Malaysian Customs Department dated Aug 16, 2018, manufactured tobacco and spirits will be subject to a 10% sales tax.

“At the manufacturers’ level, the differential is actually an additional 4%, [compared with the 6% goods and services tax (GST)],” Grant Thornton Malaysia executive director for indirect tax and goods and services tax Alan Chung told The Edge Financial Daily on the phone.

Thus, tobacco manufacturers such as British American Tobacco (Malaysia) Bhd, and breweries such as Heineken Malaysia Bhd and Carlsberg Brewery Malaysia Bhd will be incurring an additional 4% tax, in the form of sales tax.

Under the new SST regime, there will be no more tax on the value added under the supply chain. The GST was imposed on each intermediary of the entire supply chain up to the retailers’ level.

Hence, for consumers, the goods may be ...More info on site



BarleyBarley News Barley


Barley news Canada: Barley harvest expected to be completed by first week of September
Harvest is advancing quickly, especially in the southern regions of the Canadian Prairies. Combines are also rolling across the central and northern regions of the Western provinces. Conditions are near ideal for harvest with the recent hot and dry weather. Crops are drying quickly which will give the farmers uninterrupted access to harvest their crops. Barley harvest should be completed by the first weekend of September, CMBTC reported on August 24. The long-lasting dryness that lingered over the Prairies through the growing season will and has severely reduced yields. The early barley yields have been below expectations due to the dry and overly hot weather. To date, the majority of the regions have indicated that their yields are 10% to 50% below average. The 50% reduction has occurred in southern Alberta, which suffered through extreme heat stress and minimal rain. There were expectations, in mid-summer, that the Prairies could have above average yields, however those thoughts have been forgotten as the early harvested barley fields are yielding below average crops. Also, the prospects for the later harvested fields to yield above average yields are not optimistic. ...More info on site



HopsHops News Hops


Hops newsGermany: Hop harvest to drop to 40,124 tonnes this year
Germany’s hop harvest is expected to total 40,124 tonnes this year, HVG reported on August 24.

This would be the second annual decline in output: ...More info on site


Hops newsThe Czech Republic: Hop growers expect significant slum in harvest this year
Czech farmers are predicting a significant slump in the hop harvest this year, caused by the unusually hot weather and lack of rain, Radio ...More info on site


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