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E-Malt.com Flash 05a January 28 - January 30, 2019
Quote of the Week
"History flows forward on rivers of beer."
Unknown
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Currency Rates
Base Currency: Euro on January 30, 2019 |
Base Currency: US Dollar on January 30, 2019 |
|
1 EUR = 1.1430 USD
1 EUR = 0.8698 GBP
1 EUR = 1.5160 CAD
1 EUR = 1.5968 AUD
1 EUR = 124.9800 JPY
1 EUR = 4.2786 BRL
1 EUR = 75.6235 RUB
1 EUR = 7.6977 CNY
|
|
1 USD = 0.8748 EUR
1 USD = 0.7609 GBP
1 USD = 1.3263 CAD
1 USD = 1.3968 AUD
1 USD = 109.3300 JPY
1 USD = 3.7432 BRL
1 USD = 66.1602 RUB
1 USD = 6.7344 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
January 30, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
197.50-199.50 | 1.00% |
6RW Malting Barley (FOB Creil) |
192.00-194.00 | 1.03% |
2RS Malt (FOB Antwerp) |
399.00-401.00 | 0.61% |
6RW Malt (FOB Antwerp) |
392.00-394.00 | 0.62% |
Feed Barley (FOB Creil) |
190.00-192.00 | 0.52% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
192.50-194.50 | 0.51% |
6RW Malting Barley (FOB Creil) |
181.00-183.00 | 0.55% |
2RS Malt (FOB Antwerp) |
391.00-393.00 | 0.31% |
6RW Malt (FOB Antwerp) |
377.00-379.00 | 0.32% |
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) |
1,594.00-1,596.00 | |
Malting Barley (West) |
1,594.00-1,596.00 | |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,344.00-1,346.00 | |
Malting Barley (West) |
1,344.00-1,346.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: AB InBev’s thirst for beer deals has investors feeling queasy
...Click here
|
Malaysia: Heineken Malaysia MD expects external environment to remain challenging this year
...Click here
|
Vietnam: Sabeco’s 2018 make no mention of amount disputed with tax authorities
...Click here
|
Canada: Barley area, production forecast to increase in 2019-20
...Click here
|
Australia and China: Australian barley sector gets another fortnight to defend anti-dumping allegations
...Click here
|
India: United Breweries says general elections in peak summer season to affect beer sales
...Click here
|
Ghana: Guinness Ghana changs its name to Guinness Ghana Breweries PLC
...Click here
|
Graph of the week
Table of the week
World Beer Production by Continent 2013 - 2018f
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 January
1878 - 1st telephone exchange (New Haven, CT)
1878 - Yale Daily News published, 1st college daily newspaper
1998 - Michelangelo's "Christ & the Woman of Samaria", sold for $7.4 million
29 January
1886 - 1st successful gasoline-driven car patented, Karl Benz, Karlsruhe
1986 - 193.8 million shares traded in NY Stock Exchange
1988 - United Airlines Boeing 747SP, circles world in 36h54m15s
30 January
1922 - World Law Day, 1st celebrated
1951 - Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 - Belgium's TV channel 2 in Flanders goes on the air
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)
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)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
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)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
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:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
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)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
Brewery News
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World: AB InBev’s thirst for beer deals has investors feeling queasy
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Carlos Brito has such an unquenchable thirst for dealmaking that when he unveiled the £79 bln acquisition of SABMiller in October 2015, few people
...More info on site
|
Ukraine: Beer and malt output increase in 2018
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Ukraine’s beer output totalled 18.07 mln hl last year, up 1.3% versus 2017, trade association Ukrpivo reported earlier in January.
The figure does not include
...More info on site
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Malaysia: Heineken Malaysia MD expects external environment to remain challenging this year
|
The absence of major events like last year’s World Cup that are often celebrated with rounds of beers and any fresh catalysts to accelerate
...More info on site
|
Vietnam: Sabeco’s 2018 make no mention of amount disputed with tax authorities
|
While Sabeco is still at loggerheads with the taxman over alleged back taxes of $135.73 million, it has not provisioned for it, VnExpress International reported on January 27.
Its 2018 accounts make no mention of the amount in dispute though the HCMC Tax Department has claimed it owes that in taxes and fines and even tried to seize the money from the company’s bank account.
Vietnam’s largest brewer, Saigon Beer Alcohol Beverage Corporation (Sabeco), claims it has accurately declared and paid taxes based on guidance from the Ministry of Finance and tax authorities.
A month ago the department said it would seize VND3.1 trillion ($135.73 million) from the brewery’s bank account for overdue special consumption tax payable between 2007 and 2015 and penalties for administrative violations. But there was reportedly no money in the account.
Le Duy Minh, deputy head of the tax department, said the account has been temporarily blocked.
"We have asked Sabeco to provide details of other bank accounts, but it has not fulfilled that request."
Sabeco general director Neo Gim Siong Bennett said in a statement on December 30 that Sabeco had not violated any tax regulations.
Thus, the enforcement action by the tax department was a violation of Vietnamese laws since it
...More info on site
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India: United Breweries says general elections in peak summer season to affect beer sales
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Bengaluru-based United Breweries Ltd (UBL) on January 28 said elections are always disruptive for the liquor sector and expects industry to growth at 6-8 percent, CNBC-TV18 reported.
In an interview to CNBC-TV18, Shekhar Ramamurthy, managing director, said general elections in the peak summer season would be an absolute dampener for UBL and the year 2019 is not likely to start on a happy note.
Ramamurthy said during the elections disruptions occur as breweries are asked to operate in one shift. Also, closure of outlets on voting and counting days and checks on movement of stocks affect the sector, "However, the entire of 2019 is not going to be defined by elections and expect normal growth to come back post-elections."
UBL, the maker of Kingfisher beer, said the company hopes to grow faster than the industry on back of brands, portfolios etc.
Talking on increased excise duty by West Bengal, Ramamurthy said last January the state hiked duties on beer and prices went up by 35 percent and the industry declined by 50 percent and the consumers are not used to higher prices.
"However, West Bengal does not contribute much to the UBL's topline, so the impact on numbers are not much. However, any market that
...More info on site
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Ethiopia: Diageo trying out new Mench beer
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Diageo, one of Ethiopia’s biggest breweries, is trying out a new beer named Mench at selected places on a trial run, The Reporter Ethiopia said on January 26.
The makers of Abo Meta, Guinness and the affordable Azmera draught brands – the latter launched last year – and distributer of liquors, including Smirnoff, Johnnie Walker and Baileys, is starting the new brand as a direct competition to local beers, such as St. George, Habesha and Walia. The beer has a five percent alcohol and is flavoured with fruits and herbs.
Diageo is a noted company within Ethiopia having acquired the brand at a cost of USD225 million and has further invested USD119 million in its factory to help expand its reach and recoup its investment in an Ethiopian society that continues to have the appetite for beer.
The company has launched new products and implemented new technologies, such as starting a QR code system to deter counterfeit products from being sold to consumers. It is said to have put much confidence in its new product and is expected to launch it nationally.
For the past several weeks, it has been quietly trying out the product in various restaurants and pubs, including Kaya and Ellanoce
...More info on site
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Ghana: Guinness Ghana changs its name to Guinness Ghana Breweries PLC
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Guinness Ghana has changed its name to Guinness Ghana Breweries PLC in accordance with the demands of its Amendment Act 835, the Modern Ghana reported on January 28.
The change of name was agreed by all stakeholders after the company held its 46th Annual General Meeting in November 2018.
In a statement signed by the Corporate Relations Director of the company, Gabriel Opoku-Asare, the company explained that its aim is to be the best performing and most trusted beverage company in the country.
Opoku-Asare also assured customers that the change of name will not negatively affect the brand in any way, adding that it is the same great company with only a new name.
“Our ambition to be the best performing, most trusted and respected consumer products company in Ghana is on course, so our cherished stakeholders should remain assured that this is the same great company with a new name.”
The statement thus called on the public not to let the change of the company name negatively affect existing business engagements with them.
|
Barley News
|
Canada: Barley area, production forecast to increase in 2019-20
|
For 2018-19, Canadian barley production increased by 6% from 2017-18 to 8.4 million tonnes due to higher harvested area, despite a lower yield, Agriculture and Agri-Food Canada said in their January report.
Production in Western Canada averaged 8.0 mln tonnes, of which 50% was in Alberta, 43% in Saskatchewan, 6% in Manitoba and 1% in British Columbia. Production in Eastern Canada averaged 0.4 mln tonnes of which 41% was in Quebec, 27% in Ontario and 32% in the Maritimes.
Total Canadian supply decreased due to sharply lower carry-in stocks. Total domestic use is forecast to increase on higher feed and industrial use. Exports are forecast to decrease due to lower total supply. Carry-out stocks are forecast to decrease by 20% to 1.0 mln tonnes or near record low levels. The average feed barley price for the crop year is forecast to be about 12% higher than last year.
Similar to feed barley, the quality of the malting barley crop is variable. The extensive summer heat increased the protein content of the crop and lowered the weight of the crop, depending on the date of maturity and area.
The Lethbridge spot feed barley prices to-date have been about 20% higher than last year and
...More info on site
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Australia and China: Australian barley sector gets another fortnight to defend anti-dumping allegations
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The Australian barley sector will have another fortnight to put together submissions for the Chinese Ministry of Commerce to defend anti-dumping allegations lodged by
...More info on site
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