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Flash Summary
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E-Malt.com Flash 37b
September 12 - September 15, 2019
Quote of the Week
The brewery is the best drugstore.
Old German folk wisdom
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Currency Rates
Base Currency: Euro
on September 13, 2019 |
Base Currency: US Dollar
on September 13, 2019 |
| |
1 EUR = 1.1031 USD
1 EUR = 0.8944 GBP
1 EUR = 1.4555 CAD
1 EUR = 1.6045 AUD
1 EUR = 119.1300 JPY
1 EUR = 4.4785 BRL
1 EUR = 71.7158 RUB
1 EUR = 7.8181 CNY
|
|
1 USD = 0.9064 EUR
1 USD = 0.8108 GBP
1 USD = 1.3195 CAD
1 USD = 1.4545 AUD
1 USD = 107.9900 JPY
1 USD = 4.0600 BRL
1 USD = 65.0144 RUB
1 USD = 7.0876 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 13, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
159.50-161.50 |  1.23% |
| 6RW Malting Barley (FOB Creil) |
157.00-159.00 | 0.63% |
| Feed Barley (FOB Creil) |
150.00-152.00 |  0.67% |
| 2RS Malt (FOB Antwerp) |
350.50-352.50 | 0.70% |
| 6RW Malt (FOB Antwerp) |
347.50-349.50 | 0.35% |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
174.00-176.00 | 0.58% |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,204.00-1,206.00 |  |
| Malting Barley (West) |
1,204.00-1,206.00 | |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Hong Kong: AB InBev planning to re-launch Hong Kong IPO - sources
...Click here
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South Africa: Alcohol consumption down due to tough economy, higher taxes
...Click here
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South Africa: Distell says AB InBev, SABMiller breached merger conditions
...Click here
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World: USDA increases forecast for world barley production, trade in 2019/20
...Click here
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France: Barley production expected at record 13.6 mln tonnes in 2019/20
...Click here
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Canada: Concerns over malting barley quality grow amid cool and wet weather
...Click here
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Australia: Australia launches new malting barley accreditation system
...Click here
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Thailand: Finance Ministry considers raising excise tax on zero-alcohol beer
...Click here
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Japan: Kirin Brewery to increase production of Heineken ahead of Rugby World Cup
...Click here
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Hungary: Heineken sees increased demand for its alcohol-free beers
...Click here
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Australia & Japan: Asahi launches collaboration beer Two Suns Premium Dry
...Click here
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Graph of the week
Table of the week
Brewing Industry in Belgium 1900-2018
Barley Prices
Theoretical Malt Prices
These Days in Business History
12 September
1624 - 1st submarine tested (London)
1836 - The New York Stock Exchange prohibits its members from trading in the streets outside
1933 - Leo Szilard, waiting for a red light on Southampton Row in Bloomsbury, conceives the idea of the nuclear chain reaction
1970 - 1st Concorde lands at Heathrow airport
13 September
1898 - Hannibal Goodwin patents celluloid photographic film
1905 - 1st airplane flight in Europe
1956 - The IBM 305 RAMAC is introduced, the first commercial computer to use disk storage
1970 - IBM announces System 370 computer
14 September
1886 - George K Anderson of Memphis, Tennessee patents typewriter ribbon
1899 - Henry Bliss becomes 1st automobile fatality (NY)
1960 - Organization of Petroleum Exporting Countries (OPEC) forms
2000 - Microsoft releases Windows ME
15 September
1857 - Timothy Alder patents typesetting machine
1928 - Alexander Fleming discovers penicillin
1952 - European Parliament forms in Strasbourg
1959 - The first successful photocopier, the Xerox 914, is introduced
Agenda
September 2019:
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)
24 - 26: Warsaw Beer Festival 2019 (Warsaw, Poland)
29 - 13 November: World Beer Cup 2020 (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)
January 2020:
31 - 01 February: Braukunst Live! 2020 (Munich, Germany)
February 2020:
04 - 08: Great British Beer Festival Winter 2020 (Norwich, UK)
07 - 10: HoReCa 2020 (Athens, Greece)
07 - 09: Finest Spirits 2020 (Munich, Germany)
15 - 18: Beer Attraction 2020 (Rimini, Italy)
24 - 26: Beviale Moscow 2020 (Moscow, Russia)
March 2020:
09 - 11: 107th Brewing and Engineering Congress 2020 (Rust, Germany)
11 - 12: BeerX 2020 (Liverpool, UK)
April 2020:
19 - 22: Craft Brewers Conference & BrewExpo America 2020 (San Antonio, Texas, USA)
25 - 26: Zythos Beer Festival 2020 (Leuven, Belgium)
May 2020:
05 - 07: International Beer Strategies Conference 2020 (Munich, Germany)
13 - 15: Craft Beer China 2020 (Shanghai, China)
19 - 21: Beer 2020 (Sochi, Russia)
21 - 24: Mondial de la Biere 2020 (Montreal, Canada)
June 2020:
03 - 04: The Brewers of Europe Forum 2020 (Antwerp, Belgium)
August 2020:
07 - 08: Beervana 2020 (Wellington, New Zealand)
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Brewery News
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Hong Kong: AB InBev planning to re-launch Hong Kong IPO - sources
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Anheuser-Busch InBev is planning to raise about $5 billion from a revived float of its Asian operations after the world’s largest beer maker shelved
...More info on site
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Ireland: Alcohol consumption drops 23% since 2001
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Dublin's pub culture may be world-famous, and a major draw for tourists, but among Irish people alcohol consumption has dropped 23% since 2001, Euronews reported on September 10.
That's according to Diageo, who say alcohol-free beer is now the fastest-growing product in the Irish drinks industry
Ireland's first alcohol-free bar – The Virgin Mary – opened in Dublin in May this year, serving mocktails and non-alcoholic beers, wines and spirits in a setting with all the trappings of a regular pub.
"We're not saying, you know, don't drink," says owner Vaughan Yates. "What we're saying here is we believe we're at the forefront of this cultural shift of being mindful about what you consume."
Oisin Davis is the director of drinks industry consultants Great Irish Beverages, as well as a small investor in The Virgin Mary.
He says that the time is right for an alcohol-free alternative to the traditional Irish pub. "You know it might be nice to socialise, it's great to see your friends, it's great to go out on dates and go out to restaurants. But it's not always great to kind of overindulge perhaps."
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South Africa: Distell says AB InBev, SABMiller breached merger conditions
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South Africa’s Competition Tribunal on September 11 said it was looking into allegations by South African alcoholic drinks firm Distell Group that the entity formed from the 2016 merger of the world’s largest brewer Anheuser-Busch InBev with SABMiller breached merger conditions, Reuters reported.
AB InBev and SABMiller were not immediately available for comment when contacted by Reuters.
Distell approached the Competition Commission with allegations that the merged entity removed competitors’ advertising material from retail outlets, among others, the tribunal said in a statement, adding that the Commission found there was no breach.
Distell has now asked for a detailed review and for a full investigation to be conducted, the competition regulator said.
The tribunal said that it will consider Distell’s submissions during a hearing scheduled for September 12 and September 13.
SABMiller argues that Distell’s complaint is an “attempt to restrict competition and is unrelated to the merger conditions” and that the complaints “have no merit and should be dismissed,” the tribunal added.
South Africa cleared Anheuser-Busch InBev's $100 billion-plus deal to acquire SABMiller in 2016 here. The sale of SABMiller's Distell stake was a condition of the Competition Tribunal's approval of the merger.
The merger brought together AB InBev’s Budweiser, Stella Artois and Corona brands with
...More info on site
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South Africa: Alcohol consumption down due to tough economy, higher taxes
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Distell Group CEO Richard Rushton says alcohol consumption in South Africa has decreased due to tough economic times as well as tax, 702 reported on September 10.
Rushton sat down with Bruce Whitfield to chat about the liquor industry in South Africa.
The country is one of the larger consumers with 250 bln litres of alcohol consumed
He says while there is growth in alcoholic beverages across the spirits and wine industry, as well as premium products like ciders, beer consumption has fallen.
“55 percent of that alcohol is beer, about 17 percent wine - that is relatively small given the fact that we are a big producer - and then the rest is ready to drink and spirits,” Rushton said.
“I think our consumption has fallen off, obviously economic times affect the consumption habit but also tax and the relative price has gone up quite a lot in South Africa.”
He says Distel Group reflected 40 percent revenue growth in South Africa, outside the customs union.
“East Africa is a vibrant place to be doing business in. I was in Kenya last week and you have got an economy growing between five and a half and six percent.
“With growing levels of urbanisation, more females coming into
...More info on site
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Thailand: Finance Ministry considers raising excise tax on zero-alcohol beer
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The Finance Ministry plans to raise the excise tax rate on zero-alcohol beer, saying it would discourage people from starting to drink, the ThaiVisa News reported on September 12.
Finance Minister Uttama Savanayana said on September 11 that the Excise Department of the ministry would soon complete a study on raising tax on zero-alcohol beer from the current rate of 14 per cent, the same level as on soft drinks, which is lower than the rate on beer.
The ministry is concerned that zero-alcohol beer may lead to new drinkers switching to alcoholic drinks, said Uttama, adding that the higher tax rate will still be lower than that on beer.
The ministry will also regroup tax rates on beverages. For example, functional drinks such as water mixed with vitamins, or cologne, will be taxed lower than beverages with high sugar content.
The ministry, he said, is also considering whether to delay a new round of tax hike on cigarettes as the state-owned Thailand Tobacco Monopoly has complained about the severe impact on its business from the last tax increases.
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Japan: Kirin Brewery to increase production of Heineken ahead of Rugby World Cup
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“Will Japan be able to supply enough beer during the Rugby World Cup?” — so asked a reporter at a press conference held in Tokyo by World Rugby, the governing body that organizes the World Cup, The Japan News reported on September 12.
Rugby fans drink a lot of beer, a fact backed up by data. According to the Rugby World Cup 2019 organizing committee, a total of 1.3 million litres of beer was consumed at game venues in the Rugby World Cup 2015 in England.
The average beer consumption per game is more than six times that in the English Premier League.
Rugby fans drink so much beer because the games have served as a social venue for many years in Britain and other countries. Fans interact with each other while drinking beer not only during games but before and after as well. World Rugby Chairman Bill Beaumont described the large beer consumption by fans as a tradition.
The organizing committee is calling on restaurants and other establishments around game venues to pay attention to the management of their beer stock. It will also introduce vendors who move through the stands, a practice not common in Europe, allowing spectators to buy beer in
...More info on site
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Hungary: Heineken sees increased demand for its alcohol-free beers
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Brewer Heineken Hungária says the popularity of its non-alcoholic beers has grown significantly in the last five years, with Heineken 0.0 purchases doubling in the last year, while sales of alcohol-free Soproni Radlers have risen 130% since 2014, the Budapest Business Journal reported on September 12.
The company has decided to create a unified commercial image, running under the name 0.0% Zóna (0.0% Zone), while carrying on its activities aimed at combating drunk driving, says a press release sent to the Budapest Business Journal.
Heineken says the market for fruity Radlers is strongly seasonal, with demand peaking during the hot summer months. Still, the dynamic growth of the product category remains undeniable.
There are two ways to create non-alcoholic beers, one being the interruption of the maltʼs fermentation and the other being the more complicated extraction of alcohol from the fermented product. Heineken 0.0 is made with the latter method in order to achieve an authentic Heineken lager taste, the company says.
Meanwhile, the trend of advancement of non-alcoholic Radlers is so strong that it has affected the market of low-alcohol Radler products, with sales in the latter category falling 45% in five years. Heineken says that while alcohol-free products are becoming increasingly available,
...More info on site
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Australia & Japan: Asahi launches collaboration beer Two Suns Premium Dry
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Asahi Premium Beverages has launched Two Suns Premium Dry, a collaboration beer made by brewers from two brewing nations: Australia and Japan, the Beer and Brewer reported on September 11.
Launching this month in draught, Two Suns was made in Australia using 100% Australian malt and wheat, using precise Japanese brewing techniques.
The two key brewers behind Two Suns – Geoff Day from Australia and Yosuke Tajika from Japan – have combined their brewing expertise to create a beer that has low bitterness and low carbohydrate.
“Two Suns has a unique flavour profile of low bitterness with a subtle malt aroma and character,” says Day. “Its distinctive crisp taste and dry finish makes for a really nice easy drinking refreshment. It truly is the result of marrying the best of two very passionate brewers that are excited to show off what’s best about our home countries.”
The beer has been launched at a time when Australian drinkers are changing their beer preferences to lighter options, with the easy drinking category now making up 31% of the total beer category and continuing to grow.
“Until now, there has been an absence of premium options for consumers to choose from in this category,” says Scott Hadley, chief
...More info on site
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Barley News
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World: USDA increases forecast for world barley production, trade in 2019/20
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Barley harvest is largely complete for Northern Hemisphere countries. Crops for Canada, the European Union, Russia, and Ukraine are larger than a year ago,
...More info on site
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France: Barley production expected at record 13.6 mln tonnes in 2019/20
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According to FranceAgriMer’s latest forecast, France’s barley ending stocks could jump 69% to 2.2 million tonnes in 2019/20 as the country absorbs record harvest
...More info on site
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Canada: Concerns over malting barley quality grow amid cool and wet weather
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The quality of Canada’s 2019/20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications, the Western Producer reported on September 11.
“We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the Canadian Malting Barley Technical Centre.
While the harvest is near completion in some areas of Manitoba, Watts said “it’s a real struggle this year” on a more general level across all three Prairie provinces. “There’s a lot of barley still out there that hasn’t been harvested.”
Adverse weather in the spring also split up seeding, with some of the barley crop going in early and other fields late due to rains in May. That wide planting window adds uncertainty to the final quality.
Anecdotal reports for what has come off so far are highly varied. Watts said that while there have been some reports of good quality malting barley, he had also heard of more chitting than normal. Chitted barley, also called pre-germination, refers to grain that has prematurely started to sprout before being harvested. Chitted barley can still be made into malt shortly after
...More info on site
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Australia: Australia launches new malting barley accreditation system
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The latest Australian malting barley varieties will have the potential to hit malthouses and breweries sooner under an improved national accreditation system launched on September 10, Barley Australia announced.
Work commenced on a thorough review of the accreditation system in 2016. Barley Australia directors were integral to this process, collaborating with all sectors in the supply chain.
The aim was to recognise the value of accreditation to the industry, while ensuring the system is flexible and robust, with the ability to deliver information to industry in a timely manner.
The new model is a joint investment by stakeholders, including breeders, maltsters and Australian farmers through the Grains Research and Development Corporation (GRDC).
New malting barley varieties will continue to be rigorously evaluated in a multi-stage process to ensure they meet the quality expectations of customers. The program has an improved funding model, and will be more equitable, sustainable and transparent.
Under the upgraded system, Pilot Malting Australia (PMA) will enhance flexibility for barley promoters in Stage 1 by removing the need for commercial quantities of grain. PMA simulates large-scale commercial malting using much smaller batch sizes (100kg versus 200 tonne). This will allow promoters to complete Stage 0 application approval and Stage 1 evaluation in
...More info on site
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