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Flash Summary
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E-Malt.com Flash 32a
August 05 - August 07, 2019
Quote of the Week
A single sunbeam is enough to drive away many shadows.
Francis of Assisi
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Currency Rates
Base Currency: Euro
on August 07, 2019 |
Base Currency: US Dollar
on August 07, 2019 |
| |
1 EUR = 1.1203 USD
1 EUR = 0.9208 GBP
1 EUR = 1.4820 CAD
1 EUR = 1.6533 AUD
1 EUR = 119.2000 JPY
1 EUR = 4.4440 BRL
1 EUR = 73.1471 RUB
1 EUR = 7.8781 CNY
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1 USD = 0.8925 EUR
1 USD = 0.8219 GBP
1 USD = 1.3229 CAD
1 USD = 1.4757 AUD
1 USD = 106.4000 JPY
1 USD = 3.9668 BRL
1 USD = 65.2932 RUB
1 USD = 7.0322 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 07, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
166.50-168.50 |  |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 | |
| Feed Barley (FOB Creil) |
157.00-159.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
359.00-361.00 | |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,214.00-1,216.00 | |
| Malting Barley (West) |
1,214.00-1,216.00 | |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
EU: EU brewed 76 litres of beer per inhabitant last year
...Click here
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Japan: Three of Japan’s leading four brewers enjoy sale growth in January-June
...Click here
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The Philippines: San Miguel Brewery posts 12.4% increase in first-semester net profit
...Click here
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Australia: Beer brings billions to Australia’s economy
...Click here
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France: Farm ministry raises barley, wheat production forecasts
...Click here
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UK & US: Beer remains most popular drink in on-trade despite general decline in consumption
...Click here
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Japan: Banks showing strong interest in financing loan for Asahi’s acquisition of Carlton & United Breweries
...Click here
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Australia: Beer prices could go up after tax hike as from August 5
...Click here
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India: New Delhi authorities reject AB InBev plea to temporarily lift ban - source
...Click here
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Bosnia and Herzegovina & China: The Sarajevo Brewery starts exports to China
...Click here
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Nepal: Raj Brewery to produce AB InBev’s iconic beer brands in Nepal
...Click here
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Graph of the week
Table of the week
Canada Barley Malt Export and Import 2010-2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
05 August
1914 - 1st traffic light installed (Euclid Ave & E 105th St, Cleveland)
1926 - 1st talkie movie "Don Juan" at Warner Theatre, NY
1930 - Birth of Neil Armstrong , X-15 pilot, 1st Moonwalker (Gemini 8, Apollo 11)
1991 - Soichiro Hondo CEO & founder (Honda), dies of liver cancer at 84
06 August
1661 - Holland sells Brazil to Portugal for 8 million guilders
1945 - Hiroshima Peace Day-atom bomb dropped on Hiroshima by "Enola Gay"
1990 - UN Security Council votes 13-0 (2 abstentions Cuba & Yemen) to place economic sanctions against Iraq
07 August
1888 - Theophilus Van Kannel of Philadelphia patents revolving door
1928 - The dollar shrinks, literally: the US Treasury unveiled a new version of the note that was one third smaller than its predecessor
1955 - Tokyo Telecommunications Engineering, the precursor to Sony, sells its first transistor radios in Japan
1959 - Explorer 6 transmits 1st TV photo of Earth from space
Agenda
August 2019:
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
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Brewery News
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EU: EU brewed 76 litres of beer per inhabitant last year
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Last year, over 39 billion litres of beer containing alcohol were produced in the European Union (EU). The EU’s beer production was equivalent to
...More info on site
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USA: Craft beer output up 4% in H1 2019
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Growth for small and independent craft brewers in the US remained steady for the first half of 2019, according to new midyear metrics released by the Brewers Association (BA) — the not-for-profit trade association dedicated to small and independent American brewers.
Production volume for the craft segment increased 4 percent during the first half of 2019, the Association said on August 6.
“Growth continues to follow a similar pattern we have seen in the past few years, with steady rates in the low-to-mid single digits,” said Bart Watson, chief economist, Brewers Association. “The majority of growth continues to come from microbreweries, taprooms, and brewpubs, whereas the distribution landscape remains more challenging for regional craft brewers.”
As of June 30, there were 7,480 active craft breweries, up from 6,464 during a comparable timeframe last year. An estimated 2,500 to 3,000 breweries are in planning, based on active Alcohol and Tobacco Tax and Trade Bureau (TTB) licenses.
“Overall demand for beers from small and independent brewers continues to increase, but at levels that make it difficult for all breweries to grow simultaneously,” added Watson. “This is a sign of a maturing market that will likely continue in the coming years.”
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Japan: Three of Japan’s leading four brewers enjoy sale growth in January-June
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Three of Japan’s four major brewers have enjoyed group sale growth in January-June thanks to brisk demand for beer and quasi-beer products, according to
...More info on site
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The Philippines: San Miguel Brewery posts 12.4% increase in first-semester net profit
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Philippine beer giant San Miguel Brewery (SMB) increased its net profit in the first semester by 12.4 percent year-on-year to P13.3 billion as higher
...More info on site
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Australia: Beer brings billions to Australia’s economy
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One hundred thousand jobs and upwards of A$15 billion rely on local brewing in Australia, despite most of the large local brewers being owned
...More info on site
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Slovenia: Beer exports up 20% last year
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Slovenia's beer exports rose 20% to 34 million euro ($37.7 million) in 2018, beating imports which went down 3% to 28.5 million euro, the
...More info on site
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UK & US: Beer remains most popular drink in on-trade despite general decline in consumption
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Beer is still the most popular alcohol drink in the on-trade despite a general decline in consumption, the Morning Advertiser reported on August 1 citing a new research.
Ahead of International Beer Day on August 2 data experts CGA and its US-based consultancy Nielsen CGA found beer accounts for 48% of drinks sold in Britain and 44% sold in the US.
It discovered while cask sales have fallen by 9.8% in Britain during the past year and 9.3% in America, sales of imported beer, world beers, super premium lagers and craft beer continue to increase in both countries, led in part by the consumer demand for premium drinks.
CGA drinks expert Mark Jackson said: “Despite changing tastes and buying habits, beer is still the number one preferred beverage for the on-trade in Great Britain and the US.
“Premiumisation of the beer category has outpaced volume declines to realise an increase in dollar and pound sales value.
“We are seeing world lager in most growth in Britain and import and domestic super-premium leading the way in America.”
Over the past 24 months, craft beer value sales in Britain have increased by a fifth (21.7%), world lager sales are also up by 26.5%.
Similar increases have been reported in
...More info on site
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Japan: Banks showing strong interest in financing loan for Asahi’s acquisition of Carlton & United Breweries
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Japanese and international banks are showing strong interest in a takeout financing of a ¥1.2 trn (US$11.1 bln) bridge loan that is funding Asahi
...More info on site
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USA: AB InBev acquires Ohio’s Platform Beer Co.
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Anheuser-Busch InBev announced on August 7 the acquisition of fast-growing Ohio craft brewery Platform Beer Co.
Financial terms of the transaction were not disclosed.
In a press release, AB InBev noted that Platform was “the fastest growing regional brewery in the United States in 2017.” According to data from the Brewers Association, the Cleveland craft brewery increased production from 6,500 barrels to 20,000 barrels that year.
Platform will join AB InBev’s “Brewers Collective” of acquired craft breweries. Brewers Collective members include 10 Barrel Brewing Co., Blue Point Brewing Company, Breckenridge Brewery, Devils Backbone Brewing Company, Elysian Brewing Company, Four Peaks Brewing Co., Golden Road Brewing, Goose Island Beer Company, Karbach Brewing Co., Veza Sur Brewing Co., Virtue Cider, and Wicked Weed Brewing.
“In speaking with the other craft brewery founders in Brewers Collective, we know partnering with Anheuser-Busch means we will have the resources and the autonomy to bring our vision for Platform Beer Co. to life,” Platform co-founder Paul Benner said in the release. “Being able to continue leading the day-to-day operations was an important factor in our decision and we have no doubt that this partnership will benefit our loyal staff and passionate customer base”.
Benner and Justin Carson founded Platform in 2014.
...More info on site
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Australia: Beer prices could go up after tax hike as from August 5
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The cost of beer could be on the rise with the taxman set to hike up tariffs on the amber ale in Australia, 9News reported on August 3.
From August 5 the Australian Taxation Office will increase the tax on beer by 21 cents per litre on draft beer and 30 cents a litre on stubbies cans and long necks.
According to a report in the Sydney Morning Herald the ATO increase on the liquor follows a twice-yearly increase in indexation.
The reported quoted a study from the University of Adelaide which found the biggest cost of a typical carton of full-strength beer, including GST, is a tax equating to 42 per cent.
The study, authored by Professor Kym Anderson, revealed Australians pay around 18 times more beer tax than Germany, 37.5 per cent more than Britons and eight times more than Americans.
Australia ranks fourth in the world on beer tax behind Norway, Japan and Finland.
The Brewers Association is pushing for the federal government to ease the pain on beer lovers.
Association boss Brett Heffernan said a proposed increase to the excise-free threshold on both draught and packaged beer was an "affordable option".
"Correcting our runaway and regressive beer tax regime is relatively quick, easy, cheap
...More info on site
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India: New Delhi authorities reject AB InBev plea to temporarily lift ban - source
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Authorities in New Delhi have rejected a plea by Anheuser-Busch InBev to temporarily lift a 3-year ban while it hears the global brewer’s appeal, a senior government source told Reuters.
AB InBev, the world’s largest brewer, has been barred from selling its products in the critical New Delhi market for allegedly evading local taxes, Reuters reported last week. The company has denied the allegations.
A three-year investigation by authorities in India’s capital found that SABMiller - acquired by AB InBev in 2016 for around $100 billion - used duplicate barcodes on beer bottles supplied to retailers that year, allowing it to pay lower levies.
AB InBev has appealed against the ban to the Commissioner of Excise in the Delhi city government, two government sources with direct knowledge said. The ban order was passed by a deputy commissioner of the division.
While the company’s appeal is still under consideration, AB InBev also filed a separate plea with the Commissioner for putting the ban order on hold pending appeal, but that request was turned down, one of the government sources said on August 6.
“The (ban) order was detailed, there was no ground to give an interim stay,” said the official, who declined to be named as
...More info on site
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Bosnia and Herzegovina & China: The Sarajevo Brewery starts exports to China
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The Sarajevo Brewery started exporting its most famous beer to Chinese market on August 1, the company’s press office confirmed.
“Sarajevo Brewery started to export its most famous beer Sarajevsko to consumers in China, thereby achieving very significant marketing of this product,” Elvir Husejnovic from marketing section confirmed to Xinhua.
The cooperation started after Sarajevo Brewery presented its products at the Ningbo fair in China’s Zhejiang province this year. Sarajevsko beer attracted the attention and great interest of visitors of the fair.
After the recent visit of a delegation from China, negotiations brought concrete results very quickly.
“This export is very important to us, as it is further proof that, after returning to the old quality and reforms of the business in Sarajevo brewery, besides the domestic one, it also won international markets,” said the brewery.
Founded in 1864, Sarajevsko beer is currently being exported to Croatia, North Macedonia, Slovenia, Austria, Germany, Albania, the United States, and Sweden.
According to U.K. research specialist Euromonitor, the volume of beer sales in China totalled around 45 million kilolitres in 2018, down about 10% from 2013.
In value terms, however, beer sales in China surged nearly 40% over the same five-year period to about US$93 billion, thanks to rising unit
...More info on site
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Nepal: Raj Brewery to produce AB InBev’s iconic beer brands in Nepal
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Raj Brewery Pvt Ltd has entered into an exclusive partnership with Anheuser-Busch InBev, the world’s leading brewer, to produce and bottle some of the best known beer brands in the world, the Himalayan Times reported on August 4.
Raj Brewery is Nepal’s most technologically advanced brewery approved by renowned global brew masters of AB InBev and Warsteiner International.
The brewery has been producing Germany’s iconic brand Warsteiner Premium German Beer since 2018.
Now, the region will soon be able to enjoy some of AB InBev’s iconic brands like Budweiser, Budweiser Magnum, Foster’s Gold, and Foster’s lager brewed locally and Corona Extra, Leffe, Hoegaarden and Stella Artois imported from AB InBev’s stateof-the-art breweries worldwide, as per a media release.
Raj Brewery belongs to the Jawalakhel Group of Industries (JGI) conglomerate. JGI’s portfolio of products include Ruslan, Golden Oak and Blue Diamond that are the market leaders in their respective segments.
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Barley News
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France: Farm ministry raises barley, wheat production forecasts
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France's farm ministry raised its estimate for the soft wheat harvest by more than 1 million tonnes, adding to expectations that a bumper wheat
...More info on site
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