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Flash Summary
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E-Malt.com Flash 35b
August 27 - August 30, 2020
Quote of the Week
Winning doesn't always mean being first. Winning means you're doing better than you've done before.
Bonnie Blair
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Currency Rates
Base Currency: Euro
on August 28, 2020 |
Base Currency: US Dollar
on August 28, 2020 |
| |
1 EUR = 1.1822 USD
1 EUR = 0.8953 GBP
1 EUR = 1.5532 CAD
1 EUR = 1.6310 AUD
1 EUR = 125.5900 JPY
1 EUR = 6.6113 BRL
1 EUR = 88.8853 RUB
1 EUR = 8.1403 CNY
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1 USD = 0.8457 EUR
1 USD = 0.7572 GBP
1 USD = 1.3138 CAD
1 USD = 1.3795 AUD
1 USD = 106.2200 JPY
1 USD = 5.5923 BRL
1 USD = 75.1846 RUB
1 USD = 6.8856 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 28, 2020 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
173.00-175.00 |  0.58% |
| 6RW Malting Barley (FOB Creil) |
167.00-169.00 |  |
| Feed Barley (FOB Creil) |
164.00-166.00 | 0.61% |
| 2RS Malt (FOB Antwerp) |
367.00-369.00 | 0.34% |
| 6RW Malt (FOB Antwerp) |
360.00-362.00 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
160.00-162.00 |  0.16% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,134.00-1,136.00 | |
| Malting Barley (West) |
1,134.00-1,136.00 | |
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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.
China: Beer sales seem to have recovered this summer - report
...Click here
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Mexico: Mexico president suggests Constellation Brands setting up new plant in the south of the country
...Click here
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World: Carlsberg continues to champion the long-term potential of the alcohol-free beer category
...Click here
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Nigeria: Guinness Nigeria sees revenue drop by 21% in the year to June 30
...Click here
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China: China on a buying spree of all grains and soybeans
...Click here
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Germany: Wheat crop expected to fall by 5.1%, winter barley by 9.4% this year
...Click here
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Canada: Barley exports forecast to total 3 mln tonnes both in 2019/20 and 2020/21
...Click here
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Argentina & China: Argentine barley shipments streaming toward China
...Click here
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The Dominican Republic: Beer consumption severely hit by Covid-19 pandemic
...Click here
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Japan: Kirin Brewery to launch Japan’s first carb-free beer on October 6
...Click here
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UK: Craft brewer Beavertown opens “London’s largest brewery”
...Click here
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India: United Breweries Holdings expresses intent to settle its dues to 14 banks
...Click here
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Graph of the week
Table of the week
Germany Hop Area and Production and Alpha Acid Output 2010-2020f
Barley Prices
Theoretical Malt Prices
These Days in Business History
27 August
1910 - Mother Teresa was born (Agnes Gonxha Bojaxhiu), Yugoslavia, Nobel 1979
1950 - 1st transmission of a TV program from continental Europe shown on BBC
1965 - Le Corbusier, (Charles Jeanneret), Swiss/French architect, dies at 77
28 August
1565 - Oldest city in the US, St Augustine Fla, established
1828 - Lev Tolstoi was born, Russian writer (War & Peace, Anna Karenina) [OS]
1963 - Martin Luther King Jr's "I have a dream" speech held at Lincoln Memorial
29 August
1831 - Michael Faraday demonstrates 1st electric transformer
1854 - Self-governing windmill patented (Daniel Halladay)
1885 - Gottlieb Daimler registers his "Reitwagen" ("riding carriage") as German patent DRP No. 36423
1922 - The first radio advertisement is broadcast on WEAF-AM in New York City
30 August
1895 - Belgium begins compulsory Roman Catholic education
1979 - 1st recorded occurrance-comet hits sun (energy=1 mil hydrogen bombs)
1993 - 150,000,000 millionth visitor to Eiffel Tower
Agenda
September 2020:
02 - 05: Expo Trade, Brewers Conference & Mar del Plata Beer Week 2020 (Mar del Plata Argentina)
05 - 05: Copa Cervezas de America 2020 (Award Ceremony) (Mar del Plata, Argentina)
11 - 13: The Great British Beer Festival 2020 (virtual) (Virtual)
11 - 13: Mondial de la Biere - Paris 2020 (Paris, France)
14 - 25: Craft Brewing Online 2020 (Online)
18 - 08 October: WBC Connect 2020 (Online)
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)
16 - 17: Great American Beer Festival 2020 (Online)
19 - 20: Planete Biere 2020 (Paris, France)
21 - 24: Beer 2020 (Sochi, Russia)
23 - 25: Cerveza Mexico Expo 2020 (Mexico City, Mexico)
26 - 28: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
29 - 30: Sea Brew 2020 (Taipei, Taiwan)
30 - 01 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
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)
18 - 22: Mondial de la Biere Rio 2020 (Rio de Janeiro, Brazil)
20 - 21: Beervana 2020 (Wellington, New Zealand)
25 - 27: Drink Japan 2020 (Tokyo, Japan)
December 2020:
09 - 11: Drink Technology India 2020 (Mumbai, India)
February 2021:
05 - 07: Finest Spirits 2021 (Munich, Germany)
09 - 13: Great British Beer Festival Winter 2021 (The New Bingley Hall, Birmingham, UK)
11 - 15: HoReCa 2021 (Athens, Greece)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)
March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
23 - 25: Beviale Moscow 2021 (Moscow, Russia)
29 - 01 April: Craft Brewers Conference & BrewExpo America 2021 (San Diego, California, USA)
April 2021:
08 - 10: Zurich Bier Festival 2021 (Zurich, Switzerland)
17 - 18: Zythos Beer Festival 2021 (Leuven, Belgium)
30 - 01 May: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
27 - 29: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
13 - 15: Bangkok Brewing Conference 2021 (Bangkok, Thailand)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
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Brewery News
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China: Beer sales seem to have recovered this summer - report
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The coronavirus pandemic shut down bars at the beginning of 2020, but brewery sales have risen since May along with the temperature. China's beer sales are said to have recovered this summer, CGTN reported on August 28.
But it turns out the improved sales are being driven by more than just "boys' nights out" - women are now a growing segment of beer consumers in China.
CGTN visited a bar in downtown Shanghai, which said its beer sales have fully recovered. "We're selling 120 litres every night. It's only getting better since the pandemic - 120 or 150 customers a night," said Allan Ming, bar manager at Commune Reserve.
The bars are not alone: convenience store chain Bianlifeng's beer sales in July were up 20 percent from the previous month, not unusual in the summer as beer consumption can be a very seasonal activity.
But this year it turns out that a major contributor to the improved sales are women. The number of women purchasing beer is up nearly 30 percent from the same period last year. Bianlifeng said one element attracting the ladies to the lager is the increasing number of flavors on offer.
"There are more beer flavors with low alcohol content now,
...More info on site
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Mexico: Mexico president suggests Constellation Brands setting up new plant in the south of the country
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Mexico’s president said on August 26 that U.S. brewer Constellation Brands should put a planned $1 billion plant in the country’s water-abundant, but poor, south, rather than in the dry northern border city of Mexicali, Brikwire reported.
The project to build the brewery in Mexicali was rejected this year in a public referendum promoted by President Andres Manuel Lopez Obrador and blemished by low voter turnout.
Opponents of the project have said the plant poses a threat to the local water supply.
Lopez Obrador said the federal government would not issue permits to build the plant anywhere in Baja California, the arid state in Mexico’s northwest where Mexicali is located.
“I’ve already spoken with plant’s directors, we agreed that they were going to look for options, but not in Baja California,” said Lopez Obrador at his daily press briefing.
Constellation brews several brands of Mexican beer, including Corona and Pacifico, exclusively for the U.S. market, making the border location attractive from a transport perspective.
Instead, Lopez Obrador urged the company to look for options where water is plentiful, mentioning locations in the states of Chiapas, Oaxaca, and Tabasco.
“70% of the country’s water is in the southeast,” said Lopez Obrador, who has made a top priority
...More info on site
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World: Carlsberg continues to champion the long-term potential of the alcohol-free beer category
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Carlsberg continues to champion the long-term potential of the alcohol-free category, which it sees being fuelled by an increased awareness of health and well-being among consumers as a result of the coronavirus pandemic. It pledges to keep investing in the category, BeverageDaily.com reported on August 28.
Overall, alcohol-free brews grew by 9% in Western Europe over the first six months of 2020, according to the brewer’s H1 2020 results.
And the company is responding to a heightened focus on health and wellness among consumers: with new innovations in both low-alcohol and low calorie drinks.
Carlsberg launched its 0,0% alcohol-free Tuborg Zero in Denmark on May 1. After one month, it had become the best-selling 0,0% beer in the country, according to the brewer. And Carlsberg is also putting its foot on the gas for low-calorie innovations, with the launch of two hard seltzer brands in Norway and Singapore in May.
Carlsberg has long set out low-alcohol and alcohol-free as a key growth area for the company: and says that this priority remains unchanged by the pandemic (Pre-pandemic, it was seeing around 16% volume growth in its alcohol-free brews, against 1% growth for its core beer portfolio).
In the low/no alcohol category, Carlsberg 0.0
...More info on site
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Nigeria: Guinness Nigeria sees revenue drop by 21% in the year to June 30
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Guinness Nigeria Plc, a public company quoted on the Nigerian Stock Exchange (NSE), has released its financial statements for the year ended 30 June
...More info on site
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The Dominican Republic: Beer consumption severely hit by Covid-19 pandemic
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The new coronavirus pandemic has put pressure on some of Dominican Republic’s traditionally more robust sectors, even at levels that could hardly have been anticipated, in the opinion of economist Henri Hebrard, the Dominican Today reported on August 27.
According to the researcher, one of the sectors most severely hit by the country’s health and economic crisis is that of beer, which has seen its sales plummet by 41.9% in March to June compared to the same period of 2019. The peak fall of 73% was registered in April, according to data from the General Directorate of Internal Taxes (DGII).
However, for Hebrard, this decline in the beer sector, in particular, lead to more concern about the characteristics of this industry, which has a robust, productive chain by involving, in addition to direct jobs, a wide range of suppliers and services such as printing, fuel consumption, investment in advertising and other areas.
“These commercial relationships have an impact on the economy, and a very important one,” Hebrard said.
On the other hand, the economist said that distilled products such as rum and whiskey, instead of losing ground, have increased their sales by 8.4%
As a direct consequence, the expert points out that the market share
...More info on site
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Japan: Kirin Brewery to launch Japan’s first carb-free beer on October 6
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Japan's Kirin Brewery Co. said on August 27 it will launch the country's first carb-free beer product on Oct. 6, Nippon.com reported.
The company expects the zero-carb version of its flagship "Ichiban Shibori" beer to win new customers at a time when more and more people are becoming health-conscious as they tend to stay home amid the coronavirus epidemic.
The Kirin Holdings Co. unit reviewed ways to select and process malt to create a clear taste and rich malt flavor. The new product is expected to retail for around 221 yen for a 350-milliliter can.
"We want to nurture the new product to become the second pillar" of the company's beer lineup, Kirin Brewery President Takayuki Fuse said at a press conference.
The liquor tax on beer and quasi-beer is scheduled to be unified in stages by 2026. As part of the process, the beer shipping price is set to be lowered by 7 yen for a 350-milliliter can in October this year.
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UK: Craft brewer Beavertown opens “London’s largest brewery”
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Craft brewery Beavertown has opened “London’s largest brewery” in an expansion which will create 150 more jobs, MinuteHack reported on August 27.
The brewery, founded by Logan Plant, the son of Led Zeppelin frontman Robert Plant, has been funded using a £40 million minority investment in the business by Heineken in 2018.
He said the new site in Enfield, dubbed Beaverworld, will make 90 million pints every year as the fast-growing brewer increases its capacity by tenfold.
Builders started work on the site early last year and now the brewery is recruiting for 150 more staff as it starts selling its first beers produced at the site.
Mr Plant said the expansion will help drive his aim of getting the beer “in the hands of people in every pub on every street corner”.
“It’s been quite the journey to turn this from home brewing at the kitchen table to making beer in London’s biggest brewery,” he told PA.
“It’s been three years in the planning, from when we needed to expand from the Tottenham Hale brewery.
“This is even bigger than we first planned and really does show the leaps and bounds we’ve been able to make.”
He said the development of the site was delayed by around
...More info on site
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India: United Breweries Holdings expresses intent to settle its dues to 14 banks
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Fugitive liquor baron Vijay Mallya's United Breweries Holdings Limited (UBHL) on August 27 expressed the intent to settle its dues worth over Rs 14,000 crore to a consortium of 14 banks, the Financial Express has reported.
Making the 'bonafide offer' to settle its dues, UBHL said the aim of bankruptcy laws is to ensure companies stay viable and the creditors are paid back their dues.
It moved the Supreme Court against the Karnataka High Court's March 6 order that upheld its February 2017 order directing the winding up of UBHL for recovery of dues payable by Kingfisher Airlines Limited. UBHL is a promoter of Mallya's now-defunct airline. A similar offer by UBHL was rejected by the state HC earlier in March this year.
In February 2017, a single-judge bench of the Karnataka HC ordered the winding up of Vijay Mallya’s UBHL in order to pay out the debts of Kingfisher Airlines which was a part of the holding company before it went bankrupt.
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Barley News
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China: China on a buying spree of all grains and soybeans
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The CADA (Chinese Assn.) conference in Beijing produced the following figures: Chinese beer output in 2019 was 376.5 mln hl, malt input 8.3 kg/hl.
...More info on site
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Germany: Wheat crop expected to fall by 5.1%, winter barley by 9.4% this year
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Germany's 2020 wheat crop of all types is expected to fall by 5.1% to 21.88 million tonnes, the agriculture ministry estimated on August 28.
A
...More info on site
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Canada: Barley exports forecast to total 3 mln tonnes both in 2019/20 and 2020/21
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For 2019-20, Canadian barley exports are expected to be slightly below the year-earlier level (at 3 mln tonnes) due to lower exports of barley
...More info on site
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Argentina & China: Argentine barley shipments streaming toward China
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Argentine barley shipments have started streaming toward China after a three-year lull as a trade conflict between Asia’s top buyer and main supplier Australia
...More info on site
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Spain: Barley crop to reach new record this year
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The Spanish barley crop estimates range from 10.3 mln tonnes by the Ministry of Agriculture (May estimate) to 11.24 mln tonnes by ACCOE (Grain
...More info on site
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