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E-Malt.com Flash 11a March 11 - March 13, 2019
Quote of the Week
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Chinese proverb
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Currency Rates
Base Currency: Euro on March 13, 2019 |
Base Currency: US Dollar on March 13, 2019 |
|
1 EUR = 1.1273 USD
1 EUR = 0.8578 GBP
1 EUR = 1.5089 CAD
1 EUR = 1.5932 AUD
1 EUR = 125.4900 JPY
1 EUR = 4.3114 BRL
1 EUR = 74.0813 RUB
1 EUR = 7.5633 CNY
|
|
1 USD = 0.8869 EUR
1 USD = 0.7609 GBP
1 USD = 1.3385 CAD
1 USD = 1.4132 AUD
1 USD = 111.3100 JPY
1 USD = 3.8244 BRL
1 USD = 65.7133 RUB
1 USD = 6.7090 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
March 13, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
170.50-172.50 | 1.15% |
6RW Malting Barley (FOB Creil) |
167.00-169.00 | 2.33% |
2RS Malt (FOB Antwerp) |
366.50-368.50 | 0.66% |
6RW Malt (FOB Antwerp) |
362.50-364.50 | 1.34% |
Feed Barley (FOB Creil) |
163.00-165.00 | 0.61% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
178.50-180.50 | |
6RW Malting Barley (FOB Creil) |
169.00-171.00 | |
2RS Malt (FOB Antwerp) |
373.50-375.50 | |
6RW Malt (FOB Antwerp) |
362.00-364.00 | |
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) |
1,464.00-1,466.00 | 3.30% |
Malting Barley (West) |
1,464.00-1,466.00 | 3.30% |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,284.00-1,286.00 | 0.78% |
Malting Barley (West) |
1,284.00-1,286.00 | 0.78% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: EU leads world malt exports, US ranked fifth
...Click here
|
Russia: Russian maltsters now able to almost fully cover domestic malt requirements
...Click here
|
The Philippines: San Miguel Food and Beverage reports 14% growth in brewery business revenue
...Click here
|
Mozambique: Heineken opens its first brewery in Mozambique
...Click here
|
The Czech Republic: Budějovický Budvar records highest bee exports in its history last year
...Click here
|
USA: D.G. Yuengling & Son once again recognized as the US’ largest craft beer producer
...Click here
|
World: World barley trade forecast reduced to 26.505 mln tonnes this month
...Click here
|
Malaysia: Brewery stocks advance on news of beer prices hike
...Click here
|
World: Carlsberg Group announces changes in executive committee
...Click here
|
Malaysia: Theodoros Akiskalos to replace Lars Lehmann as Carlsberg Brewery Malaysia managing director
...Click here
|
Graph of the week
Table of the week
US Hop Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
11 March
1702 - 1st English daily newspaper "Daily Courant," publishes
1935 - Bank of Canada opens
1986 - 187.27 million shares traded in New York Stock Exchange
12 March
1365 - University of Vienna founded
1970 - Digital Equipment Corporation introduces PDP-11 minicomputer
1986 - 210.25 million shares traded in New York Stock Exchange
13 March
1974 - Charles de Gaulle Airport opens near Paris France
1979 - European Monetary System is established, ECU created
1986 - Microsoft Corp. goes public at an initial offering price of $21 a share, raising $61 million just one day after Oracle Corp.'s own IPO. Microsoft closes the day at $28.
2008 - Gold prices on the New York Mercantile Exchange hit $1,000 per ounce for the first time
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
Malt News
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World: EU leads world malt exports, US ranked fifth
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The European Union leads the world in malt exports, with exports of 2.6 million tonnes from calendar year (CY) 2014 to 2018, USDA said
...More info on site
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Russia: Russian maltsters now able to almost fully cover domestic malt requirements
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Thanks to significant investments in the sector Russian maltsters are now almost fully covering all domestic malt requirements, Zerno Online reported citing Baltika Brewerie’s
...More info on site
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Brewery News
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The Philippines: San Miguel Food and Beverage reports 14% growth in brewery business revenue
|
San Miguel Food and Beverage Inc. (SMFB) grew its net income by eight percent to P30.5 billion last year, the company announced on March
...More info on site
|
Mozambique: Heineken opens its first brewery in Mozambique
|
Heineken officially opened its first brewery in the district of Maputo, Mozambique on 13 March in the presence of His Excellency Filipe Nyusi, the
...More info on site
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The Czech Republic: Budějovický Budvar records highest bee exports in its history last year
|
Budějovický Budvar last year recorded the highest exports in its history. The brewing company – whose products are sold under the Czechvar brand name
...More info on site
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USA: D.G. Yuengling & Son once again recognized as the US’ largest craft beer producer
|
The Brewers Association released on March 12 its annual rankings of the top U.S. beer companies based on projected 2018 sales volume.
Amongst BA-defined small and independent craft brewing companies – those businesses that make fewer than 6 million barrels of beer annually and are less than 25 percent owned by a non-craft brewer – Pennsylvania’s D.G. Yuengling & Son once again secured the top spot as the largest producer of craft beer in the U.S.
Boston Beer Company and Sierra Nevada Brewing ranked second and third, respectively, and the top seven-ranked breweries remained unchanged versus last year.
The Canarchy Craft Brewery Collective – which consists of Oskar Blues, Cigar City Brewing, Perrin Brewing, Utah Brewers Cooperative, Deep Ellum Brewing, and Three Weavers Brewing – moved up one spot, to eighth, while Stone Brewing fell one spot, to ninth.
Meanwhile, Oregon’s Deschutes Brewery held onto its 10th place ranking. In total, 16 of the top 50 craft breweries maintained their positions, while another six companies shifted ahead one place.
As in previous years, there were a few standout companies that made significant gains.
Cincinnati’s Rhinegeist made the biggest leap forward last year, moving up an eye-catching 11 places (to 28th) from its ranking as the 39th
...More info on site
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India: Bangalore leading India’s craft beer boom
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Bangalore is known as the "Silicon Valley of India" for its concentration of tech startups, but the city is also on the cutting-edge of the country's craft beer boom, the Nikkei Asian Review reported on March 12.
Craft beer is still a tiny part of India's $3 billion beer market, but annual growth is predicted to be in the double digits, spurring a race to woo customers in a country where per capita beer consumption is still below 5 litres.
While major players like Kingfisher and United Breweries are keen to tap the small but fast-growing segment, craft beer remains dominated by a slew of smaller brewers, particularly when it comes to non-bottled sales.
Trends in Bangalore may be particularly worth watching, as the fierce local competition spurs an arms race of flavor, innovation and marketing. According to John Eapen, a local brewing consultant, there are 53 brewpubs in the city while the total number for all of India is around 150.
Eapen sees craft beer as the fastest-growing and most promising segment in the beer sector. "The movement in India is barely over 10 years old. The first brew pub opened in Gurgaon in 2008 and shortly after that in Pune and Bangalore.
...More info on site
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Malaysia: Brewery stocks advance on news of beer prices hike
|
Brewery stocks advanced on March 12 over a report of a price hike of up to 6.2% effective April 1, The Edge Markets reported.
At 10.33am, Carlsberg Brewery Malaysia Bhd's share price rose 14 sen or 0.54% to RM25.88 while Heineken Malaysia Bhd gained 8 sen or 0.35% to RM22.90.
Both counters were among Bursa Malaysia's top gainers in the morning session.
The Edge Financial Daily reported on March 12 that, for the new price list, Heineken has raised the prices of some of its products — per pack — by between 3% and 5%, while Carlsberg has increased the prices of some products between 3% and 6.2%.
"This price hike will be the first since Heineken and Carlsberg raised their prices after the reintroduction of sales and service tax on Sept 1 last year.
"The brewers said the higher prices are due to the continued escalation of prices of raw materials and packaging," said the daily.
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World: Carlsberg Group announces changes in executive committee
|
Carlsberg Group has announced a number of changes in its executive committee.
Lars Lehmann has been appointed as the executive vice-president of its eastern European operations and managing director of Baltika Breweries in Russia.
Current executive vice-president of Eastern Europe, Jacek Pastuszka, will take over the same role for Western Europe.
Chris Warmoth, the present executive vice-president for Western Europe, has been named the new executive vice-president for group strategy, effective 1 May 2019.
Warmoth joined Carlsberg in January 2014 as the executive vice-president for the Asian region.
He has held several top roles in the brewery, and has played an important role in driving transformation within the organisation.
Lehmann joined the Carlsberg Group in 2003 and has held various leading portfolios within the group.
These include the role of vice-president commercial for Eastern Europe and the head of the export, license, and duty-free division.
In 2016, he became the managing director of Carlsberg Malaysia.
Managing director of Carlsberg Sweden, Ted Akiskalos, will take over Lehmann's role in Carlsberg Malaysia.
Pastuszka played an important role in stabilising the financial performance of the company's eastern European operations.
He joined the brewing group in 2009 as the managing director of Carlsberg Polska.
In 2011, he was appointed as the managing director of Carlsberg’s Norwegian
...More info on site
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Malaysia: Theodoros Akiskalos to replace Lars Lehmann as Carlsberg Brewery Malaysia managing director
|
Carlsberg Sweden managing director Theodoros (Ted) Akiskalos will take over as Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) managing director, replacing Lars Lehmann effective May 1, 2019, The Sun Daily reported on March 12.
In a filing with Bursa Malaysia, Carlsberg Malaysia said that Lehmann, 52, has been appointed as a new member in the executive committee of Carlsberg A/S (Carlsberg Group) as executive vice president for Eastern Europe.
Lehmann’s new role includes the position as CEO of Baltika, Carlsberg Group’s company in Russia.
Akiskalos, 40, is currently the managing director of Carlsberg Sweden since June 2016. He joined the group in March 2010 and was previously the vice president of group strategy for Carlsberg Group before being appointed as managing director for Carlsberg Hong Kong in January 2014.
Prior to joining the Carlsberg Group, Akiskalos was Associate Principal of McKinsey & Company based in Boston, USA.
“I am pleased to announce that Ted will succeed Lars as our new managing director effective May 1, 2019. Throughout his nine years with the Carlsberg Group, Ted has delivered excellent results in driving growth and leading various transformational projects.
“Under his leadership as managing director, Carlsberg Sweden returned to growth in top- and bottom-line in all categories of beer,
...More info on site
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Barley News
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World: World barley trade forecast reduced to 26.505 mln tonnes this month
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USDA’s forecast for world barley trade in 2018/19 is currently set at 26.505 mln tonnes versus 27.005 mln tonnes in its February report.
Australia barley
...More info on site
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