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E-Malt.com Flash 17b April 25 - April 28, 2019
Quote of the Week
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Currency Rates
Base Currency: Euro on April 26, 2019 |
Base Currency: US Dollar on April 26, 2019 |
|
1 EUR = 1.1141 USD
1 EUR = 0.8639 GBP
1 EUR = 1.5033 CAD
1 EUR = 1.5889 AUD
1 EUR = 124.6200 JPY
1 EUR = 4.4290 BRL
1 EUR = 71.9655 RUB
1 EUR = 7.5060 CNY
|
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1 USD = 0.8974 EUR
1 USD = 0.7753 GBP
1 USD = 1.3493 CAD
1 USD = 1.4260 AUD
1 USD = 111.7700 JPY
1 USD = 3.9753 BRL
1 USD = 64.5928 RUB
1 USD = 6.7370 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
April 26, 2019 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
171.50-173.50 | |
6RW Malting Barley (FOB Creil) |
171.00-173.00 | |
2RS Malt (FOB Antwerp) |
368.50-370.50 | |
6RW Malt (FOB Antwerp) |
368.00-370.00 | |
Feed Barley (FOB Creil) |
159.00-161.00 | 0.62% |
French Barley/Malt Crop 2019 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
185.50-187.50 | 0.54% |
6RW Malting Barley (FOB Creil) |
175.00-177.00 | |
2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
6RW Malt (FOB Antwerp) |
369.50-371.50 | |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
193.50-195.50 | 0.85% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,394.00-1,396.00 | |
Malting Barley (West) |
1,394.00-1,396.00 | |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,304.00-1,306.00 | |
Malting Barley (West) |
1,304.00-1,306.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Japan: Kirin Holdings cuts full-year profit outlook
...Click here
|
Zimbabwe: Delta Corporation records subdued volume performance for quarter ended March 31
...Click here
|
Zimbabwe: Delta Corporation halts Rusape Chibuku Plant construction due to foreign currency shortage
...Click here
|
UK: Heineken to invest £50 mln this year in transforming 150 of its pubs
...Click here
|
Mexico: Mexico City could ban sales of cold beer in convenience stores
...Click here
|
India: Tamil Nadu sees 31% rise in beer sales in 2018-19
...Click here
|
Graph of the week
Table of the week
UK Beer Sales by Distribution Channel 2000 - 2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 April
1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
Agenda
April 2019:
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)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
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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Japan: Kirin Holdings cuts full-year profit outlook
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Japanese beverage maker Kirin Holdings Co Ltd on April 26 cut its full-year profit outlook, saying it was set to record an impairment loss
...More info on site
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Nigeria: Guinness Nigeria’s Q3 revenue declines 4%
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Guinness Nigeria Plc, a leading beverage and alcohol Company in Nigeria and a subsidiary of Diageo Plc, announced on April 25 its unaudited results
...More info on site
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Zimbabwe: Delta Corporation records subdued volume performance for quarter ended March 31
|
Beverages producer Delta Corporation has recorded subdued volume performance for the quarter ended March 31, 2019 amid declining demand due to price increases, the
...More info on site
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Zimbabwe: Delta Corporation halts Rusape Chibuku Plant construction due to foreign currency shortage
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Leading beverages manufacturer, Delta Corporation has been forced to halt the Rusape Chibuku Plant construction as the entity cannot raise enough foreign currency to import key components needed for the project, NewZimbabwe.com reported on April 26.
The entity’s corporate affairs director, Alex Makamure told delegates at a Confederation of Zimbabwe Industries meeting recently on the situation at hand.
“The brewery will be constructed in phases, starting with civil works that do not require foreign currency. The major phase is on hold due to shortage of foreign currency. The project is already behind as the company has exhausted the Chibuku Super capacity,” he said.
The new plant’s components are imported from Germany and South Africa, and have a lead time of eight months due to shipment logistics and full commissioning may take between 10 to 12 months from date of orders.
The latest development comes at a time the listed beverages manufacturer is eyeing Anheuser-Busch InBev (AB InBev)’s Zambian and Malawian assets as the Belgian brewer exits the Sub-Saharan market.
The Zimbabwe Stock Exchange listed beverages manufacturer - which is 40 percent owned by AB InBev - in January said since the Budweiser maker was divesting out of the region, it had resolved to bid for
...More info on site
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Rwanda: Bralirwa’s pretax profit up 33% in 2018
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Rwanda’s biggest brewer, Bralirwa Ltd, said on April 26 pretax profit rose 33 percent to 10.3 billion Rwandan francs ($11.39 million) in 2018, boosted by sales of its premium brand Mutzig, Reuters reported.
The rise in sales of premium beer offset weaker sales of its other beers and soft drinks, the beverage company, a subsidiary of Heineken N.V., said. Volumes fell by 13 percent to 1.7 billion Rwandan francs ($1.88 million) in 2018, it said.
Bralirwa is Rwanda’s oldest brewery and has the right to produce beer brands such as Amstel. It also produces branded soft drinks such as Coca-Cola.
Last year it launched local production of Heineken with a plan also to export it to neighboring countries. But Bralirwa said the strained relations between Rwanda and its neighbours Burundi and Uganda were affecting exports.
“This is something we hope will not last long. It being a landlocked country, it needs other countries for us to have access to the sea,” said Merid Demissie, its managing director.
“This is extremely important for us. The impact is not big but we definitely need those markets.”
The company exports around 5 percent of its total volume to the region but did not give specific details on exports to
...More info on site
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UK: Heineken to invest £50 mln this year in transforming 150 of its pubs
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Heineken unveiled plans to spend a record amount on transforming dozens of its pubs in the UK as the Dutch brewer searches for growth opportunities in a mature market even as the prospect of Britain leaving the EU looms, the Financial Times reported on April 25.
The world’s second largest brewer said on April 25 it will spend £50 mln this year on 150 pubs, raising its investment in hundreds of its Star Pubs & Bars businesses over the past six years to about £200 mln.
Its 2019 investment will be the most the brewer has ever spent on UK pubs in one year as, according to a company spokesperson, it sees the “value in bigger, bolder” projects. The plans for this year will create 1,200 jobs for the industry and will generate better returns for licensees, the Dutch brewer said.
Fierce competition from start-up food delivery groups and rising costs have weighed on many food and drinks companies, while others have been forced to rethink their business strategies. The London-listed City Pub Group, which specialises in craft beers and coffee, is scooping up and refurbishing often derelict places in prime UK locations such as cathedral cities and market towns as it expands
...More info on site
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Mexico: Mexico City could ban sales of cold beer in convenience stores
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Mexico City residents may have to slake their thirsts with warm beer after a local lawmaker introduced a motion on April 24 to ban the sale of the cold beverage in convenience stores, The Guardian reported.
The motion – met with incredulity on social media – would modify Mexico City’s commerce laws to ban selling beer or beverages of 7% or less alcohol content, which are “refrigerated or in different conditions than the ambient temperature.”
Stores would also be required to post signs warning patrons of stiff penalties for public drinking. Mexico City’s ubiquitous mom-and-pop stores often sell cold beer in big bottles – previously promoted as family-sized – and provide plastic cups, which people use to consume the product on-site.
The motion’s author Lourdes Paz Reyes posited the new rules would rid the city of so-called “chelerías,” which sell litres of beer in seedy settings for low prices.
Many Mexicans reacted with ridicule to the prospect of buying warm beer, especially given the frequently high temperatures. The hashtag #ConLasCervezasNo (Don’t mess with our beers) trended on Twitter.
“It’s incredible that our lawmakers think of so many stupidities without previously resolving the true and serious problems in CDMX and all of Mexico,” railed one tweet.
“If
...More info on site
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India: Tamil Nadu sees 31% rise in beer sales in 2018-19
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Warm weather and beer go together. So it should come as no surprise that beer is Tamil Nadu’s favourite tipple. Tasmac, the state-run coporation that sells all liquor in the state, has seen a 31% rise in beer sales in 2018-19, the Times of India reported on April 26.
Every third bottle of liquor sold in the state was beer. Data sourced by TOI revealed that 320 lakh cases of beer was sold in 2018-19, against 243 lakh cases in 2016-17. Fiscal 2017-18 is not taken into consideration as 60 per cent of TASMAC wine shops were closed after Supreme Court banned sale of liquor within 500 metres of highways from April 1, 2017. Later, closed shops were reopened following the apex court allowed the sale of liquor within 500 metres of highways in urban areas.
The growth in beer sales far outstripped the rise in total liquor sales, which was a modest 3%. Brandy continued to be the spirit of choice with 87% of tipplers. It was followed by rum and vodka for 10% and 2%. And, Chennai and its peripheries account for 25 per cent of Tasmac’s sales.
Food and beverage consultant Arasu Dennis said that majority of youth flocking city
...More info on site
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