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Flash Summary
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E-Malt.com Flash 24a
June 08 - June 10, 2020
Quote of the Week
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William Shakespeare
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Currency Rates
Base Currency: Euro
on June 10, 2020 |
Base Currency: US Dollar
on June 10, 2020 |
| |
1 EUR = 1.1308 USD
1 EUR = 0.8899 GBP
1 EUR = 1.5174 CAD
1 EUR = 1.6240 AUD
1 EUR = 122.0200 JPY
1 EUR = 5.4939 BRL
1 EUR = 77.4668 RUB
1 EUR = 8.0036 CNY
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1 USD = 0.8842 EUR
1 USD = 0.7870 GBP
1 USD = 1.3419 CAD
1 USD = 1.4361 AUD
1 USD = 107.9000 JPY
1 USD = 4.8586 BRL
1 USD = 68.5087 RUB
1 USD = 7.0781 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 10, 2020 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
160.50-162.50 |  |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 | |
| Feed Barley (FOB Creil) |
158.00-160.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
356.00-358.00 | |
| 6RW Malt (FOB Antwerp) |
353.50-355.50 | |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
172.50-174.50 |  0.58% |
| 6RW Malting Barley (FOB Creil) |
165.00-167.00 | |
| 2RS Malt (FOB Antwerp) |
366.50-368.50 | 0.34% |
| 6RW Malt (FOB Antwerp) |
357.50-359.50 | |
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) |
1,074.00-1,076.00 | 0.92% |
| Malting Barley (West) |
1,124.00-1,126.00 | 0.88% |
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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.
India: Alcohol beverages sales volume growth only totals 3.4% in 2019
...Click here
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World: Suntory Holdings expects the worst is over as bars and restaurants gradually re-open
...Click here
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EU: EU and UK barley exports up 63% in July-April 2019/20
...Click here
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EU: Barley production forecast increased to 63.4 mln tonnes
...Click here
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UK: Barley usage for brewing, malting and distilling in April falls to the lowest in over a decade
...Click here
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USA: Off-premise beer sales top $1 bln during week ending May 30
...Click here
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Australia: Brewers Association calls for beer excise freeze
...Click here
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Kenya: Tax increase on beer from sorghum, cassava or millet could result in loss of up to 330 thousand jobs
...Click here
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Japan: Suntory Holdings predicts 20% of bars and restaurants could fail due to coronavirus pandemic
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
08 June
1824 - Washing machine patented by Noah Cushing of Quebec
1916 - Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 - Tim Berners-Lee, future inventor of the World Wide Web, is born in London
09 June
1822 - Charles Graham patents false teeth
1869 - Ives W. McGaffey of Chicago patents 1st vacuum cleaner
1959 - The USS George Washington is launched. It is the first submarine to carry ballistic missiles
1994 - Jan Tinbergen, Dutch economist (Plan of Labor, Nobel 1969), dies at 91
10 June
1977 - Apple Computer ships its 1st Apple II
1994 - Biggest European clock ever (9100 kg/(237) 2.5 m) at Aarle-Rixtel
1996 - Intel releases 200 mhz pentium chip
2002 - The first direct electronic communication experiment between the nervous systems of two humans is carried out by Kevin Warwick in the United Kingdom
Agenda
July 2020:
01 - 03: Craft Beer China 2020 (Shanghai, China)
29 - 31: Beviale Mexico 2020 (Guadalajara, Mexico)
30 - 01 August: Korea International Beer Expo 2020 (Seoul, South Korea)
August 2020:
01 - 04: World Brewing Congress 2020 (Minneapolis, USA)
September 2020:
02 - 04: Beviale Moscow 2020 (Moscow, Russia)
02 - 04: Modern Brewing Technologies 2020 (Moscow, Russia)
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
03 - 05: Zurich Bier Festival 2020 (Zurich, Switzerland)
03 - 07: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
11 - 13: Mondial de la Biere - Paris 2020 (Paris, France)
14 - 25: Craft Brewing in Practice 2020 (Berlin, Germany)
19 - 04 October: Oktoberfest 2020 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium 2020 (Barcelona, Spain)
24 - 26: Great American Beer Festival 2020 (Denver, USA)
24 - 26: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
October 2020:
02 - 03: Stockholm Beer & Whisky Festival 2020 (Stockholm, Sweden)
08 - 11: Mondial de la Biere 2020 (Montreal, Canada)
13 - 16: China Brew & China Beverage (CBB) 2020 (Shanghai, China)
14 - 16: Expo Antad & Alimentaria Mexico 2020 (Expo Guadalajara, Mexico)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)
November 2020:
04 - 07: VIETFOOD & BEVERAGE - VIETNAM 2020 (Ho Chi Minh City, Vietnam)
10 - 12: Brau Beviale 2020 (Nuremberg, Germany)
11 - 11: European Beer Star 2020 - Award Ceremony & Winners' Night (Munich, Germany)
13 - 14: Beervana 2020 (Wellington, New Zealand)
18 - 18: Brussels Beer Challenge 2020 (Brussels, Belgium)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
May 2021:
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
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Brewery News
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India: Alcohol beverages sales volume growth only totals 3.4% in 2019
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India’s total alcoholic beverages sales volume growth crashed to 3.4% in 2019, from about 11% in the year before, due to a slowing economy
...More info on site
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Estonia: Alcohol consumption up 3.2% in 2019
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Alcohol consumption in Estonia rose in 2019, as the effects of both a reduction in excise duties and rising income made themselves known, according
...More info on site
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World: Suntory Holdings expects the worst is over as bars and restaurants gradually re-open
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Suntory Holdings Ltd., the Japanese spirits giant, expects the worst is over as nations ease social distancing measures, allowing bars and restaurants to re-open
...More info on site
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USA: Off-premise beer sales top $1 bln during week ending May 30
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Off-premise beer category sales topped $1 billion for the second consecutive week, which included the Memorial Day holiday, according to the latest one-week data slice shared by market research firm Nielsen, Brewbound reports.
For the week ending May 30, beer category scans in Nielsen tracked channels increased 18.2%, to $1,062,451,981. That total was just $28 million behind beer category sales during the July 4 holiday week in 2019, the firm reported.
Week-over-week sales of beer, FMBs and cider increased 2.4%, making beer the only alcohol category — and one of the few consumer goods categories — to grow sales compared to the prior week. Danelle Kosmal, Nielsen VP of the Beverage Alcohol Practice, called the week ending May 30 among the “slowest growth weeks since March.”
The deceleration of off-premise growth trends was expected as some bars and restaurants have begun reopening on-premise service across the country.
Nielsen also offered a review of the two weeks of off-premise sales encompassing the Memorial Day holiday period, as beer category dollar sales topped $2 billion, an increase of $344 million (or 19.6%) compared to the same two-week period in 2019.
Beer category dollar sales are up 17.3% year-to-date through May 31, according to Bump Williams Consulting (BWC),
...More info on site
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Australia: Brewers Association calls for beer excise freeze
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The Brewers Association has called for the Australian government to freeze excise in advance of the next scheduled increase, due in August, Australian Brews News reported on June 9.
The statement calling to ‘put a cap on Australia’s beer tax’ from the peak body representing the interests of CUB, Lion and Coopers, described the price of a beer in Australia as ‘already over-the-top’.
“Now is not the time to be ramping up taxes on consumers,” Brewers Association of Australia CEO Brett Heffernan said yesterday in a media release.
“With more and more Aussies out of work and everyone counting their pennies, jacking up beer tax would be another blow to punters and publicans, alike.
“August 1 is the deadline for averting the next hip-pocket slug to Australians doing it tough.”
“Tax accounts for 42% of the price of a stubby. On a typical A$52.00 carton, A$22.05 goes to the taxman. When it comes to taxing a drink, Aussies pay the fourth highest beer tax in the industrialised world.
“We’re not asking for a tax cut at this time … just don’t increase the tax. That would spare punters further pain, take pressure off hospitality venues and, because it’s revenue neutral, won’t cost Treasury a cent.
“Putting up
...More info on site
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Kenya: Tax increase on beer from sorghum, cassava or millet could result in loss of up to 330 thousand jobs
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Kenya Treasury’s proposal to increase the tax on beer made from sorghum, cassava or millet will result in the loss of up to 330,000 jobs as demand drops due to a price hike of the affordable beer, distributors of Senator Keg have said.
The distributors and the Pubs and Restaurants Association of Kenya (PERAK) said the proposal by the Treasury would deal a damaging blow to efforts to reduce the number of drinkers taking illicit alcohol, The Standard reported on June 5.
Speaking at a press conference in Nairobi, they said the proposal made public last week was also ill-timed, as the industry is already reeling from the effects of the economic slowdown caused by the COVID-19 pandemic.
“The proposal by your office will lead to an increase in the retail price of Keg beer at a time when we have observed a massive increase in illicit brew consumption due to closure of bars and a severely depressed economy affecting the daily wage economy,” they said in their submission to the Cabinet Secretary for the National Treasury, Ukur Yatani.
Thuku Kariuki, the spokesman for the Keg distributors, said the ripple effect of the tax would be devastating to their trade and would result in
...More info on site
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Japan: Suntory Holdings predicts 20% of bars and restaurants could fail due to coronavirus pandemic
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Takeshi Niinami, the head of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on June 5 that more than 20% of bars and restaurants could fail due to the coronavirus pandemic, WHTC News reported.
Japan's vibrant dining scene, from tapas style izakaya pubs and restaurants to Tokyo's high-end eateries boasting the largest number of Michelin stars of any city, mostly shut down in April as the government declared a state of emergency.
Even with the emergency status lifted, many restaurants are reopening with caution and with limiting seating and opening hours as customers remain wary of dining out. Niinami said he feared the country's eating-out culture could be hurt for good.
"If you ask me how much will return, I'd say roughly, around 80% will be back," Niinami, an economic adviser to Prime Minister Shinzo Abe's government, told Reuters in an interview.
Niinami said that while the government's $1.1 trillion extra spending package approved last month was substantial, the government needed to be ready to provide more if a second wave of infections were to hit.
"I think it would be good to have 80% of them return, although of course I really want 100% back," he said. "Given the current
...More info on site
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Barley News
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EU: EU and UK barley exports up 63% in July-April 2019/20
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EU + U.K. barley exports in July/April 27 were 6.131 mln tonnes, up 63% from last year, H. M. Gauger GmbH said in their
...More info on site
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EU: Barley production forecast increased to 63.4 mln tonnes
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In its third forecast for the 2020 crop, COCERAL sees the total grain crop in the EU-27+UK at 299.2 mln tonnes. This is down
...More info on site
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UK: Barley usage for brewing, malting and distilling in April falls to the lowest in over a decade
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UK’s barley usage for the brewing, malting and distilling sector in April has fallen to the lowest figure in over a decade, according to
...More info on site
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