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E-Malt.com Flash 37b September 10 - September 13, 2020
Quote of the Week
Philosophy and beer, it's the same thing: when consumed, they change all perceptions we have of the world.
Dominique-Joel Beaupre
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Currency Rates
Base Currency: Euro on September 11, 2020 |
Base Currency: US Dollar on September 11, 2020 |
|
1 EUR = 1.1837 USD
1 EUR = 0.9158 GBP
1 EUR = 1.5581 CAD
1 EUR = 1.6273 AUD
1 EUR = 125.6300 JPY
1 EUR = 6.2810 BRL
1 EUR = 89.0240 RUB
1 EUR = 8.0888 CNY
|
|
1 USD = 0.8447 EUR
1 USD = 0.7736 GBP
1 USD = 1.3163 CAD
1 USD = 1.3746 AUD
1 USD = 106.1300 JPY
1 USD = 5.3062 BRL
1 USD = 75.2080 RUB
1 USD = 6.8334 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
September 11, 2020 |
French Barley/Malt Crop 2020 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
175.00-177.00 | 0.57% |
6RW Malting Barley (FOB Creil) |
169.00-171.00 | 1.19% |
Feed Barley (FOB Creil) |
167.00-169.00 | 1.20% |
2RS Malt (FOB Antwerp) |
369.50-371.50 | 0.33% |
6RW Malt (FOB Antwerp) |
362.00-364.00 | 0.68% |
German Malting Barley Crop 2020 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
160.50-162.50 | 0.29% |
Danish Malting Barley Crop 2020 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,164.00-1,166.00 | 2.64% |
Malting Barley (West) |
1,164.00-1,166.00 | 2.64% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
EU: Malt exports good till May but started to fall off sharply in June this year
...Click here
|
Japan: Four major brewers report beer sales slump in August
...Click here
|
Peru: Heineken enters Peruvian beer market through acquisition of local beer brand Tres Cruces
...Click here
|
Myanmar: Myanmar Brewery reports $155.9 mln Q2 revenue amid ongoing human rights investigation
...Click here
|
Canada: Barley harvest begins in Alberta with good yields and proteins
...Click here
|
USA: Alcohol market must increase volumes by 19% in off-trade to offset on-trade losses
...Click here
|
Vietnam: Government to ban alcohol sales via ‘electronic channels’ - report
...Click here
|
Mozambique: Heineken’s new production line to save Mozambique US$50 mln dollars a year in foreign exchange
...Click here
|
Graph of the week
Table of the week
UK Beer Sales by Distribution Channel 2000 - 2019
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 September
1845 - King Willem II opens Amsterdam Stock Exchange
1846 - Elias Howe is granted a patent for the sewing machine
1894 - London taxi driver George Smith is 1st fined for drunk driving
1997 - Discovery buys Travel Channel for $20 million
2008 - The Large Hadron Collider at CERN, described as the biggest scientific experiment in history, is powered up in Geneva, Switzerland
11 September
1910 - 1st commercially successful electric bus line opens (Hollywood)
1946 - 1st mobile long-distance car-to-car telephone conversation
2001 - Terrorist attacks on America at the World Trade Center Towers in New York City and The Pentagon in Washington kill nearly 3000 people
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
Agenda
September 2020:
11 - 13: The Great British Beer Festival 2020 (virtual) (Virtual)
14 - 25: Craft Brewing Online 2020 (Online)
18 - 08 October: WBC Connect 2020 (Online)
October 2020:
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)
26 - 28: 107 Brewing and Engineering Conference 2020 (Leipzig, Germany)
30 - 01 November: Brussels Beer Challenge 2020 (Brussels, Belgium)
November 2020:
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)
26 - 29: Stockholm Beer & Whiskey Tastings 2020 (Stockholm, Sweden)
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)
12 - 14: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
21 - 24: Beer & Food Attraction 2021 (Rimini, Italy)
March 2021:
02 - 04: Beviale Mexico 2021 (Centro Citibanamex, Mexico City)
10 - 13: Festival Brasileiro da Cerveja 2021 (Blumenau, Brazil)
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)
20 - 23: Mondial de la Biere 2021 (Montreal, Canada)
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)
August 2021:
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
Malt News
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EU: Malt exports good till May but started to fall off sharply in June this year
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EU’s malt exports had been good till May of this year, but started to fall off sharply in June, H. M. Gauger GmbH reported
...More info on site
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Brewery News
|
Japan: Four major brewers report beer sales slump in August
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Four major Japanese beer makers separately said on September 10 that their sales of beer and quasi-beer products in August fell from a year
...More info on site
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Peru: Heineken enters Peruvian beer market through acquisition of local beer brand Tres Cruces
|
Heineken N.V. announced on September 9 it is entering the Peruvian beer market through the acquisition of local beer brand Tres Cruces and the
...More info on site
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Myanmar: Myanmar Brewery reports $155.9 mln Q2 revenue amid ongoing human rights investigation
|
Two months after the Japanese beer giant Kirin announced it was considering cutting ties with its military-conglomerate partner, a brewery the two jointly own
...More info on site
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USA: Alcohol market must increase volumes by 19% in off-trade to offset on-trade losses
|
The US alcohol market must increase volumes by 19% in the off-trade to offset losses in the on-trade, which is unlikely to return to the same level as pre-Covid for some time, the IWSR Drinks Market Analysis has predicted.
According to research from the IWSR, around 80% of alcohol sales in the US were typically made in the off-trade, while the remaining 20% came from the on-trade.
However, the coronavirus pandemic has impacted the on-trade alcohol landscape, the IWSR said, with the balance between the two channels shifting as consumers move to at-home consumption.
The significant increase in US off-trade alcohol volumes is not enough to offset the losses in the on-trade, the IWSR said.
According to IRI measured channels cited by the IWSR, total alcohol volume sales for the off-trade rose by 9.3% in the year ending 16 August 2020. To overcome the losses in the on-trade, which is estimated to be down by approximately 75%, the off-trade would need to increase volumes by 19%, the IWSR has estimated.
Sales of alcohol through e-commerce channels are predicted to be up more than 300% year-on-year through July 2020. The IWSR said this is driven by convenience.
The IWSR said spirits and ready-to-drink products have been performing
...More info on site
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Vietnam: Government to ban alcohol sales via ‘electronic channels’ - report
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There’s going to be a new ban on alcohol sales in Vietnam, but apparently just on so-called “electronic channels”, The Thaiger reported on September 9.
Those who order craft beer that can’t be found at local stores might be out of luck. An announcement on the Royal Gazette says no more online alcohol sales. The ban will take effect 90 days after publication.
Selling and buying beer, wine and spirits online has become more popular, but the internet alcohol sales are harder to control than sales at local liquor stores, according to the announcement signed by PM Prayut Chan-o-cha. The announcement says it’s difficult to make sure the Alcoholic Beverage Control Act is being followed, like no alcohol sales before 5pm or on certain holidays, although some local stores don’t even follow all the rules.
Selling alcohol online without the buyer and seller physically meeting will be banned. The prime minister got advice from the National Alcoholic Beverage Policy Committee and decided to prohibit other online actions relating to alcohol sales. The Nation Thailand says the ban also includes persuading, introducing the alcoholic product or related services through electronic channels.
People will still be able to use electronic methods of payment, like bank
...More info on site
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Mozambique: Heineken’s new production line to save Mozambique US$50 mln dollars a year in foreign exchange
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The Mozambican government believes that a new production line at the brewery operated by the Dutch beer company Heineken, in Marracuene district, just outside Maputo, will save the country about 50 million dollars a year in foreign exchange which is currently being spent on importing Heineken beers, AllAfrica.com reported on September 10.
The new production line can fill 16,000 bottles in an hour, corresponding to 666 crates, each holding 24 bottles. According to a note from Heineken, the company invested 20 million US dollars in the new production line.
This is in addition to the 100 million dollars spent on building the brewery, which opened in March 2019. Initially the brewery only produced a local beer, baptised "Txila", which Heineken boasted was "specially made by Mozambicans for Mozambican consumers". Txila is brewed using 4,000 tonnes of maize a year, grown by Mozambican farmers in Catandica district in the central province of Manica.
There is no such concession to local inputs in the new production line which aims to produce Heineken that tastes exactly the same as Heineken brewed in Holland.
The Minister of Industry and Trade, Carlos Mesquita, who inaugurated the new line on September 9, said that in the past Heineken beer was
...More info on site
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Barley News
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Canada: Barley harvest begins in Alberta with good yields and proteins
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Barley harvesting has begun in southern Alberta with good yields and proteins, but then slowed down in rainy weather, particularly in Saskatchewan, H. M. Gauger GmbH reported earlier in September.
On August 31, StatsCan published its crop forecast, 10.545 mln tonnes of barley as expected. The split up is 0.6 mln tonnes in Manitoba, 4.5 mln in Saskatchewan, 5.4 mln tonnes in Alberta.
Farmers sales are reported to be slow. Sales to China are thought to be 1 mln tonnes by now , the trade hopes to sell up to 3 mln tonnes of malting, FAQ, and feed barley to that country.
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Russia & Ukraine: Barley crop estimates still vary
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Crop estimates for the main Black Sea barley producers still vary, Ukrainian barley production guesses are 7.3 mln, Russian 19.5 mln tonnes, H. M.
...More info on site
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