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E-Malt.com Flash 10b March 07 - March 10, 2019
Quote of the Week
Fear can hold you prisoner. Hope can set you free.
Stephen King
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Currency Rates
Base Currency: Euro on March 08, 2019 |
Base Currency: US Dollar on March 08, 2019 |
|
1 EUR = 1.1265 USD
1 EUR = 0.8576 GBP
1 EUR = 1.5139 CAD
1 EUR = 1.6014 AUD
1 EUR = 125.7900 JPY
1 EUR = 4.3392 BRL
1 EUR = 74.3838 RUB
1 EUR = 7.5577 CNY
|
|
1 USD = 0.8876 EUR
1 USD = 0.7612 GBP
1 USD = 1.3439 CAD
1 USD = 1.4214 AUD
1 USD = 111.6500 JPY
1 USD = 3.8518 BRL
1 USD = 66.0286 RUB
1 USD = 6.7088 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
March 08, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
172.50-174.50 | 0.57% |
6RW Malting Barley (FOB Creil) |
171.00-173.00 | |
2RS Malt (FOB Antwerp) |
369.00-371.00 | 0.33% |
6RW Malt (FOB Antwerp) |
367.50-369.50 | |
Feed Barley (FOB Creil) |
164.00-166.00 | 0.60% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
178.50-180.50 | 0.55% |
6RW Malting Barley (FOB Creil) |
169.00-171.00 | |
2RS Malt (FOB Antwerp) |
373.50-375.50 | 0.33% |
6RW Malt (FOB Antwerp) |
362.00-364.00 | |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
202.00-204.00 | 1.53% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,514.00-1,516.00 | |
Malting Barley (West) |
1,514.00-1,516.00 | |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,274.00-1,276.00 | |
Malting Barley (West) |
1,274.00-1,276.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
India: Diageo seeks first access to Mallya’s shares in United Breweries Holdings
...Click here
|
EU: Barley production forecast to increase to 59.4 mln tonnes this year
...Click here
|
USA & EU: Suntory Holdings could raise prices of whiskey it sells in the EU
...Click here
|
India: United Breweries opposes move by banks to sell Mallya assets
...Click here
|
Thailand: Heineken and Bavaria actively promoting non-alcoholic beer
...Click here
|
Singapore: Asia Pacific Breweries Singapore investing 20% of marketing budget in Heineken 0.0
...Click here
|
Graph of the week
Table of the week
Canada Barley Supply and Disposition as of February 2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 March
1876 - 1876 Alexander Graham Bell receives U.S. Patent for his "Improvement in Telegraphy"
1878 - The Toronto Stock Exchange is incorporated
1932 - Thousands of Ford Motor Co. workers stage a "Hunger March" to the immense River Rouge factory complex, protesting Henry Ford's decision to cut the company's minimum wage from $7 per day to $4 per day
08 March
1706 - Vienna's Wiener Stadtbank established
1927 - Pan American Airlines (World Airways) incorporates
1946 - 1st helicopter licensed for commercial use
1979 - Philips demonstrates the Compact Disc publicly for the first time
09 March
1861 - Confederate currency authorized-$50, $100, $500, $1,000
1959 - 1959 Barbie, the popular girls' doll, debuted, over 800 million sold
1987 - 1987 Chrysler Corp offered to buy American Motors Corp for $1 billion
10 March
1862 - U.S. issues 1st paper money ($5, $10, $20, $50, $100, $500 and $1000)
1982 - President Reagan proclaims economic sanctions against Libya
1995 - Dow-Jones hits record 4035.64
2000 - The Nasdaq Composite stock market index peaks at 5132.52, signaling the beginning of the end of the dot-com boom
Agenda
March 2019:
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:
04 - 06: Warsaw Beer Festival 2019 (Warsaw, Poland)
05 - 06: Helsinki Beer Festival 2019 (Helsinki, Finland)
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:
07 - 09: International Beer Strategies Conference 2019 (Dublin, Ireland)
15 - 17: Craft Beer China 2019 (Shanghai, China)
17 - 19: Mondial de la Biere 2019 (Paris, France)
21 - 23: Africa Brewing Conference 2019 (Addis Ababa, Ethiopia)
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)
24 - 26: 2019 ASBC Meeting (New Orleans, USA)
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)
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
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)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
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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India: Diageo seeks first access to Mallya’s shares in United Breweries Holdings
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British spirits maker Diageo, the majority owner of United Spirits, has sought first access to and restoration of attached shares of Vijay Mallya in
...More info on site
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Australia: Lion building on a positive year
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In the opinion of Managing Director James Brindley, “2018 was a very full year for Lion,” featuring wins at the Australian Liquor Industry Awards (ALIA), along with new launches and campaigns, The Shout reported on March 6.
But 2019 is here and there are new beers to launch and new business to be uncovered. A major trend that Lion has followed and responded to is the effect of health considerations on drinking habits, resulting in the launch of alcohol-free and gluten-free beers.
“Mid-strength is an important category for Lion. With the launch of Heineken Zero last year, and Remedy Kombucha moving into our portfolio, we are very excited to pursue more alcohol-free options this year. We are also about to launch a new Hahn beer, which has been brewed with rice, water, yeast and hops. Hahn Ultra Crisp is a legitimate gluten-free beer, and is certified by Coeliac Australia,” said Brindley.
In 2018, Furphy was rolled out nationally following growth of over 100 per cent and “overwhelming demand from publicans, retailers and drinkers”. In addition, Lion acquired Fourpure (UK) and the contract brewing, sales and distribution rights for Brooklyn Brewery in Australia.
“Lion has a history of investing in excellent businesses and letting the
...More info on site
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India: United Breweries opposes move by banks to sell Mallya assets
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Opposing the SBI-led consortium of banks’ plea seeking the restoration of absconding accused Vijay Mallya’s properties, United Breweries (Holdings) Limited —UBHL, or UB Group — on March 5 sought the application’s dismissal. UB submitted its 28-page reply before the special Prevention of Money Laundering Act (PMLA) court, the Times of India reported on March 6.
UB said the plea was not maintainable as the claim for restoration can only be considered during the trial of the case. It said that the property was subject matter of various judicial proceedings. Among the proceedings cited by UB were those initiated by the Enforcement Directorate (ED) under the Fugitive Economic Offenders (FEO) Act. UB said that the banks’ list of properties include those cited by the ED for confiscation under the FEO.
Last month, Mallya was declared a fugitive economic offender and the proceedings on confiscation of properties are pending. The reply also said that in 2017, the Karnataka high court had ordered UB to be wound up as it was unable to pay off debts and an official liquidator was appointed. UB said hence, all the properties and assets were in the custody of the HC since 2012 (when the first plea was moved
...More info on site
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Thailand: Heineken and Bavaria actively promoting non-alcoholic beer
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Two Dutch beer brands - Heineken and Bavaria - are actively promoting non-alcoholic malt beverages to secure growth amid the declining beer market in Thailand as consumers become more health-conscious, the Bangkok Post reported on March 7.
On March 6, both brands announced business plans to promote non-alcoholic malt beverages in Thailand's 180-billion-baht beer market, offering health-conscious consumers an option as they try to moderate their alcohol intake.
Maud Meijboom-van Wel, brand development and communication director for Heineken, said the company is launching "Heineken 0.0" in the Thai market in mid-March as it addresses the growing cultural trend of living a balanced lifestyle.
Non-alcoholic malt beverage is a category Thais may not be familiar with, given the market for malt drinks is very niche in Asia. However, the company has seen an upward trend in consumption of low-alcohol drinks, said Ms van Wel.
Heineken 0.0 was introduced in 2017 in the Netherlands, Spain and Germany, followed by the UK and France. The drink is available in 38 markets around the world, including Europe, North America, and Australia. Last year it was launched in Singapore, the first country the drink was sold in Asia.
"Heineken 0.0 was developed to meet the changing needs of consumers
...More info on site
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Singapore: Asia Pacific Breweries Singapore investing 20% of marketing budget in Heineken 0.0
|
Nothing beats cracking open an ice-cold one on a sweltering day (or night), made even better when enjoyed in good company.
And for those who don’t drink and often feel left out at such beer-swigging gatherings, low and non-alcoholic (LNA) beers might just be the social lubricant to help them join the crowd.
The latest option is Heineken 0.0 – and Singapore is the first country in Asia to raise a glass to the alcohol-free lager, the Channel NewsAsia reported on March 6.
In fact, teetotalers may be seeing a lot of this latest addition as Asia Pacific Breweries Singapore, the operating company of Heineken, is investing 20 per cent of its marketing budget to convince non-drinkers to have a drink.
Something is brewing but is the foray into LNA beer caused by a drop in Singaporean drinkers?
"We don’t see the alcohol market going down at all and this is not the reason for launching Heineken 0.0," said Andy Hewson, Managing Director of Asia Pacific Breweries Singapore.
The reason is simply that many people don't actually drink beer, and those who do drink more than beer.
"In Singapore, a large portion of the market doesn’t consume alcohol. Among beer drinkers, an estimated 73
...More info on site
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Barley News
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EU: Barley production forecast to increase to 59.4 mln tonnes this year
|
In its first forecast for the 2019 crop, Coceral projects the E.U. total grain crop at 298.5 million tonnes.
This is significantly up from last
...More info on site
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Whisky News
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USA & EU: Suntory Holdings could raise prices of whiskey it sells in the EU
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Suntory Holdings Ltd. is considering raising the prices of whiskey products its U.S. subsidiary sells in Europe due to the negative earnings impact from punitive European Union tariffs against the United States, Suntory President Takeshi Niinami was quoted as saying by The Japan Times on March 8.
The EU introduced 25 percent tariffs on U.S. goods, including whiskey, in June last year in retaliation against restrictions on steel and aluminum imports put in force by Washington.
Beam Suntory Inc., a major American distilled spirit maker acquired by the Japanese beverage producer in 2014, sells bourbon whiskey products such as Jim Beam globally.
“We hope to manage price hikes well in April or later,” Niinami said in a recent interview.
Niinami, however, suggested that the company will not increase its prices by more than 10 percent, considering the sluggish European economy and the rising popularity of Scotch whisky thanks to a drop in the British pound.
According to Niinami, Suntory may skip the price hike or change the size of the markup depending on the region.
He also said Beam Suntory aims to grab the largest market share for U.S.-made whiskey by 2025.
By expanding sales of products jointly developed with the help of Japanese technologies, Beam Suntory
...More info on site
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