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Flash Summary
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E-Malt.com Flash 35b
August 30 - September 02, 2018
Quote of the Week
Things don't make me nearly as happy as talking and having a beer with my friends. And that's something everyone can do.
Drew Carey
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Currency Rates
Base Currency: Euro
on August 31, 2018 |
Base Currency: US Dollar
on August 31, 2018 |
| |
1 EUR = 1.1692 USD
1 EUR = 0.8976 GBP
1 EUR = 1.5117 CAD
1 EUR = 1.6015 AUD
1 EUR = 130.3200 JPY
1 EUR = 4.8221 BRL
1 EUR = 79.6765 RUB
1 EUR = 7.9887 CNY
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1 USD = 0.8560 EUR
1 USD = 0.7682 GBP
1 USD = 1.2950 CAD
1 USD = 1.3734 AUD
1 USD = 111.3900 JPY
1 USD = 4.1320 BRL
1 USD = 68.0821 RUB
1 USD = 6.8337 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 31, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
229.50-231.50 |  0.86% |
| 6RW Malting Barley (FOB Creil) |
213.00-215.00 |  |
| 2RS Malt (FOB Antwerp) |
435.50-437.50 | 0.56% |
| 6RW Malt (FOB Antwerp) |
415.00-417.00 | |
| Feed Barley (FOB Creil) |
200.00-202.00 | 0.99% |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
214.50-216.50 |  0.79% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,684.00-1,686.00 | |
| Malting Barley (West) |
1,684.00-1,686.00 | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,454.00-1,456.00 | |
| Malting Barley (West) |
1,454.00-1,456.00 | |
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 |
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| Feed Barley, basis Lethbridge |
254.00-256.00 |
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| Feed Barley, basis Winnipeg |
254.00-256.00 |
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| Feed Barley, bulk in store, Vancouver |
nq |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
176.00-178.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
131.00-133.00 |
|
| 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.
China: Tsingtao Brewery’s first-half profit up 13.4%
...Click here
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France: Carlsberg to invest EUR100 mln in upgrading its Kronenbourg brewery in France
...Click here
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Nigeria: Guinness Nigeria reports almost 300% increase in annual profit before tax
...Click here
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The Czech Republic: Hop yields about 30% below average this year
...Click here
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China: Young Chinese consumers increase spending on whiskey
...Click here
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UK: Acquisitions of craft breweries by multinationals could become a wider industry trend - research
...Click here
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South Africa: Heineken hits back at counterfeit products claims
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
World Barley Supply and Disposition
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
30 August
1895 - Belgium begins compulsory Roman Catholic education
1979 - 1st recorded occurrance-comet hits sun (energy=1 mil hydrogen bombs)
1993 - 150,000,000 millionth visitor to Eiffel Tower
31 August
1895 - Thomas Edison patented his movie camera (Kinetograph)
1918 - Belgium starts paying old age pensions
1997 - Diana Spencer, princess of England, dies in car crash in Paris at 36
01 September
1905 - Alberta & Saskatchewan become 8th & 9th Canadian provinces
1923 - 7.9 earthquake strikes Tokyo & Yokohama, kills 142,000
1962 - UN announces Earth population has hit 3 billion
02 September
1930 - 1st non-stop airplane flight from Europe to US (37 hrs)
1941 - Film Academy copyrights Oscar statuette
1987 - Philips introduces CD-video
Agenda
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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China: Tsingtao Brewery’s first-half profit up 13.4%
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China's second largest beer maker Tsingtao Brewery Co Ltd, said on August 28 its first-half profit rose 13.4 percent helped by its efforts to
...More info on site
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France: Carlsberg to invest EUR100 mln in upgrading its Kronenbourg brewery in France
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Carlsberg has announced plans to invest €100 million (US$117m) to upgrade its Kronenbourg brewery in Obernai, France – its largest in Europe, The Drinks
...More info on site
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Nigeria: Guinness Nigeria reports almost 300% increase in annual profit before tax
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Guinness Nigeria Plc posted a profit before tax of ₦9.9 billion at the end of the 2018 financial year, the company’s results released by
...More info on site
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Cameroon: Beer sales drop 0.1% in 2017
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Last year, a total of 6,539,570 hectolitres (653.9 million litres) of beer was sold in Cameroon. Based on Nielsen report, this figure reflects a
...More info on site
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UK: Acquisitions of craft breweries by multinationals could become a wider industry trend - research
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New research into the UK’s brewing industry suggests that the spate of recent acquisitions of small craft breweries by multinationals could become a wider industry trend, The Morning Advertiser reported on August 29.
Over the past five years, the number of small UK breweries has risen by 64%, creating an overcrowded marketplace. This rise has been in part due to tax breaks such as Small Breweries' Relief (introduced in 2002), but also due to the popularity of craft beer produced by independent breweries.
The research, provided by financial intelligence provider Plimsoll Publishing, suggests that many of these breweries are trying to compete with rising costs, falling margins and a lack of investment, and hence further buyouts could be on the cards.
David Pattison, senior analyst at financial intelligence provider Plimsoll Publishing, said: “The arrival of such a large number of small companies means the brewing industry has become highly fragmented; 70% companies are run with less than £500,000 of investment."
Pattison continued: “Costs are rising faster than sales and for the first time in nine years, margins have fallen below 4%. This lack of investment means that some companies will struggle to grow, even
...More info on site
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South Africa: Heineken hits back at counterfeit products claims
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Dutch beer giant Heineken has hit back at claims that counterfeit versions of its products are being sold in South Africa, IPPro The Internet reported on August 30.
In a statement, Heineken said that a recent viral video showing “highly illegal criminal behaviour” is an old video first shared in China in 2016 and a “deliberate act to damage the Heineken brand”.
The video shows factory workers packaging Heineken branded bottles in a warehouse filled with hundreds of stacks of fake Heineken boxes.
Heineken consumers took to Twitter to share the video and photos comparing two Heineken bottles with different labels.
But Heineken argued that due to high demand, it was forced to import extra 650ml products, which lead to a discrepancy between differing back labels on products.
Heineken says that it is not aware of any counterfeit products being sold in South Africa and reassures customers that its products sold “in compliance with global best practices”.
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Hops News
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The Czech Republic: Hop yields about 30% below average this year
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Fans of sought-after Czech hops might be left a little thirsty this year as the prized hops are the latest victim of a summer
...More info on site
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Whisky News
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China: Young Chinese consumers increase spending on whiskey
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Demand from the increasingly urbanized and high-income population, evolving tastes and consumption upgrade is boosting spending on whiskey among young Chinese consumers, the China Economic Net reported on August 30.
Buoyed by the growth, several high-end foreign whiskey retailers are putting more efforts to promote online shopping and sales at restaurants and bars, they said.
Single malt whiskey, made from malted barley and distilled for more than three years from a single distillery, saw the fastest growth in the whiskey segment. The category, which is characterized by distinguished original flavors of different whiskey producing areas, usually comes with expensive price tags.
Total sales of single malt whiskey in China was valued at 45.1 million pounds ($57.9 million) by the end of June last year, up 36 percent year-on-year from 2016, according to data from London-based Diageo Plc.
Gao Shengtian, general manager of French wine and spirits company Pernod Ricard in China, earlier said the company is planning to offer more promotions through social media platforms to boost online sales.
Last year, Pernod Ricard accounted for 31.5 percent market share in China. It was followed by Diageo Plc, which took 15.9 percent, and Suntory Holdings Ltd, Brown-Forman Corp, and Edrington Group, respectively, according to market researcher
...More info on site
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