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Flash Summary
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E-Malt.com Flash 47a
November 19 - November 21, 2018
Quote of the Week
The undertaking of a new action brings new strength.
Richard L. Evans
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Currency Rates
Base Currency: Euro
on November 21, 2018 |
Base Currency: US Dollar
on November 21, 2018 |
| |
1 EUR = 1.1416 USD
1 EUR = 0.8896 GBP
1 EUR = 1.5088 CAD
1 EUR = 1.5723 AUD
1 EUR = 128.5200 JPY
1 EUR = 4.2873 BRL
1 EUR = 75.1063 RUB
1 EUR = 7.9237 CNY
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1 USD = 0.8759 EUR
1 USD = 0.7793 GBP
1 USD = 1.3217 CAD
1 USD = 1.3772 AUD
1 USD = 112.5600 JPY
1 USD = 3.7556 BRL
1 USD = 65.7927 RUB
1 USD = 6.9412 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 21, 2018 |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
215.50-217.50 |  0.46% |
| 6RW Malting Barley (FOB Creil) |
207.00-209.00 |  |
| 2RS Malt (FOB Antwerp) |
420.00-422.00 | 0.29% |
| 6RW Malt (FOB Antwerp) |
409.50-411.50 | |
| Feed Barley (FOB Creil) |
197.00-199.00 | 1.00% |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
202.50-204.50 | 0.49% |
| 6RW Malting Barley (FOB Creil) |
188.00-190.00 | |
| 2RS Malt (FOB Antwerp) |
403.00-405.00 | 0.30% |
| 6RW Malt (FOB Antwerp) |
385.50-387.50 | |
German Malting Barley
Crop 2018
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
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) |
1,374.00-1,376.00 | 0.72% |
| Malting Barley (West) |
1,374.00-1,376.00 | 0.72% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Nigeria: Guinness Nigeria declares N1.2 bln as Q3 profit
...Click here
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USA: Brewers counting on non-alcoholic beers to boost sales
...Click here
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UK: Study finds low and no-alcohol beer is becoming more socially acceptable
...Click here
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China & Australia: Australian barley industry coming to grips with news on China dumping investigation
...Click here
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Japan: Whisky manufacturers invest in expansion to keep up with demand
...Click here
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Bosnia and Herzegovina: Brewer Bihacka Pivovara gets EUR1 mln loan from EBRD
...Click here
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Belgium: AB InBev to raise prices of most of its beers in January
...Click here
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Australia: Feed grain prices drop as harvest continues
...Click here
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Rwanda: Bralirwa to start local production of Heineken
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Slovenia Hops Area, Yields, and Production 2016-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
19 November
1493 - Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 - 1st newspaper color supplement (NY World)
1959 - Ford cancels Edsel
20 November
1923 - Garrett Morgan invents & patents traffic signal
1959 - U.N. adopts Universal Declaration of Children's Rights
1984 - McDonald's made its 50 billionth hamburger
1985 - Microsoft Windows 1.0 is released
21 November
1877 - Tom Edison announces his "talking machine" invention (phonograph)
1930 - 1st commercial crossing of Pacific by plane (China Clipper)
1977 - 1st flight of Concorde, London to New York
Agenda
February 2019:
08 - 10: Finest Spirits 2019 (Munich, Germany)
08 - 11: HoReCa 2019 (Athens, Greece)
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
28 - 02 March: Drink Technology India 2019 (Bengaluru, India)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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Nigeria: Guinness Nigeria declares N1.2 bln as Q3 profit
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A beverage company in Nigeria, Guinness Nigeria Plc, which is a subsidiary of Diageo Plc, has declared N1.2 bln as its profit for the
...More info on site
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USA: Brewers counting on non-alcoholic beers to boost sales
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In an effort to attract a growing number of drinkers who are moderating alcohol consumers, several beer companies are looking toward non-alcoholic brews as a way to boost sales and court the 30 percent of U.S. adults who don’t imbibe, Brewbound reported on November 19.
Among major producers, both Heineken and Pabst have recently announced plans to roll out non-alcoholic offerings nationwide in the first quarter of 2019. There’s also an emerging group of startups focused exclusively on crafting alcohol-free libations.
While NA offerings carry less stigma in international markets, widespread acceptance in the U.S has been a challenge. According to Nielsen, the domestic market for “near beer” is tiny: The near beer category has accounted for just 0.3 percent of total off-premise beer sales year-to-date, or about $80 million of a $29 billion market.
Meanwhile, the worldwide market for NA beer is projected to double by 2024, to about $25 billion, according to market research firm Global Market Insights.
Countries such as Germany — the second largest market for NA beer in the world — and China are seeing growth within the sector. Despite an overall beer declines between 2011 and 2016, consumption of non-alcoholic beer in Germany increased 43 percent, according to
...More info on site
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UK: Study finds low and no-alcohol beer is becoming more socially acceptable
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A new study commissioned by Carlsberg UK has found that more than half of UK consumers believe that low or no-alcohol beer is becoming more socially acceptable, the Drinks Insight Network reported on November 19.
Carried out by OnePoll, the study investigated the drinking habits of 2,000 adults in the country with a particular focus on low or no-alcohol beer.
The study found that 59% of respondents consumed low or no-alcohol drinks, while 52% agreed that the beverages had become more socially acceptable in the last year or two.
Around 28% of the respondents said that they would consider drinking an alcohol-free beer as an alternative to alcohol, and 26% said they would consider it over an alternative soft drink.
Carlsberg UK’s marketing vice-president Liam Newton said: “The UK has long been a nation known for its love of beer but we have seen a step-change in people’s attitudes towards moderation when it comes to drinking.
“Through our consumer research, we’ve been aware of this trend for some time, and as a result, we are increasing the number of low or no-alcohol alternatives in our range.”
The study also found that there are differences in attitudes toward alcohol between men and women. Around 35% of respondents
...More info on site
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Bosnia and Herzegovina: Brewer Bihacka Pivovara gets EUR1 mln loan from EBRD
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Brewing has a long tradition in Bosnia and Herzegovina. Beer is among the population’s favourite drinks, especially in the summertime when demand can go up by a staggering 300 per cent, The Financial reported on November 16.
This year the sales have been even higher than usual, most likely due to the FIFA World Cup, explains Mr Edin Ibrahimpasic, CEO of Bihacka Pivovara.
The EBRD has supported the drinks producer with a €1 million loan through a local partner bank, Sparkasse Bank Sarajevo. This helped the company to buy a new beer-filling line and system and other equipment, allowing it to improve beer production and packaging.
All drinks meet the necessary European Union (EU) standards to be exported. While they’re only locally distributed for now, this provides the brewery with the option of expanding to other markets in the future.
The EU provided funds for the project, which ensure that the most suitable equipment is chosen and its installation verified later on. They also include an incentive payment to participating businesses to help create a market for such investments in the future.
Andrea Vera, Head of Operations Section for Economic Development, Trade, Infrastructure and Natural Resources at the EU Delegation to Bosnia and Herzegovina, highlights
...More info on site
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Belgium: AB InBev to raise prices of most of its beers in January
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AB InBev’s Belgian business will slightly raise the price of most of its beers on 1 January. Supermarkets and the Horeca sector could make consumers cover this increase, Het Laatste Nieuws reported on November 17.
"We often advise to do so, although this should not necessarily be done immediately," Raf Peeters, from Horeca Vlaanderen Association, comments. According to him, the Alken-Maes Group might also review its prices upwards.
AB InBev - which owns Stella Artois, Jupiler, Leffe, Hoegaarden, Belle-Vue and Corona, among others - evokes a "slight increase in prices.’’ A barrel of Jupiler intended for Horeca will come to 153.84 euros, excise taxes and VAT included. For the consumer, "this equates to an average increase of 0.016 euros per glass of beer," AB InBev’s Laure Stuyck asserts.
The world's largest brewer will also sell its beer to supermarkets at an average higher price of 0.015 euros per bottle.
This price increase was expected because of the drought and the consequent higher grain prices.
AB InBev had claimed, however, three months ago that it did not plan to raise prices.
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Rwanda: Bralirwa to start local production of Heineken
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Rwanda’s biggest brewer, Bralirwa Ltd, will start making Heineken beer locally next month in a move that will allow it to cut retail prices by a fifth, Reuters reported on November 19.
Bralirwa, which produces local beers like Primus, has been importing Heineken made in the Netherlands. The company said the switch to brewing Heineken locally was made possible by investments in its plant.
The beer will also be exported to neighbouring countries. These include Burundi and Democratic Republic of Congo.
The price per bottle of Heineken will drop to 800 francs ($0.9231) from 1,000 francs, once local production kicks in.
Rwanda will join Nigeria, Namibia, South Africa, Algeria, Morocco, Egypt, Tunisia and Ethiopia as local producers of Heineken in Africa.
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Barley News
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China & Australia: Australian barley industry coming to grips with news on China dumping investigation
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The Australian barley industry is coming to grips with the bombshell news that China, Australia’s largest barley customer, is launching an investigation into potential
...More info on site
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Australia: Feed grain prices drop as harvest continues
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Feed grain prices have dropped between A$15 and A$40 in recent weeks in Australia and there are several factors at play, according to an industry expert.
Rabobank senior oilseeds and grains analyst Cheryl Kalisch-Gordon said recent rain across grain-growing regions was one part of the recent reduction in grain prices, The Weekly Times reported on November 20.
“We have had a big softening on feed grain demand due to some localised rainfalls,” Dr Kalisch-Gordon said.
“They aren’t by any stretch drought-breaking, but they will be taking the pressure off the feed grain complex.
“What it has also done, given some of the rainfalls up north, is given some prospect of sorghum and generally summer crops.
“It’s early days, but the fact that some will be planted does take a bit of pressure off that feed grain requirement.”
On Monday, November 19, Feed 1 barley delivered to Melbourne fetched A$384 a tonne, down from A$427 a tonne last month.
Wheat has also dropped, with H2 wheat delivered to Melbourne at A$435 a tonne this week, down on A$450 a tonne last month.
Dr Kalisch-Gordon said the wheat price was being pulled down by recent rain, traditional harvest softening, global wheat prices dropping and the strength of the Australian dollar.
“In
...More info on site
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Whisky News
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Japan: Whisky manufacturers invest in expansion to keep up with demand
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Japanese whisky manufacturers are opening up their wallets for a long-term commitment to expand distilleries as demand grows at home and abroad on the
...More info on site
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