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E-Malt.com Flash 12a March 22 - March 24, 2021
Quote of the Week
Impossible is just an opinion.
Paulo Coelho
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Currency Rates
Base Currency: Euro on March 24, 2021 |
Base Currency: US Dollar on March 24, 2021 |
|
1 EUR = 1.1888 USD
1 EUR = 0.8617 GBP
1 EUR = 1.4930 CAD
1 EUR = 1.5489 AUD
1 EUR = 129.1900 JPY
1 EUR = 6.5445 BRL
1 EUR = 90.0123 RUB
1 EUR = 7.7389 CNY
|
|
1 USD = 0.8411 EUR
1 USD = 0.7248 GBP
1 USD = 1.2560 CAD
1 USD = 1.3029 AUD
1 USD = 108.6700 JPY
1 USD = 5.5053 BRL
1 USD = 75.7202 RUB
1 USD = 6.5101 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
March 24, 2021 |
French Barley/Malt Crop 2020 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
215.00-217.00 | 0.46% |
6RW Malting Barley (FOB Creil) |
207.00-209.00 | |
Feed Barley (FOB Creil) |
200.00-202.00 | 0.50% |
2RS Malt (FOB Antwerp) |
421.50-423.50 | 0.29% |
6RW Malt (FOB Antwerp) |
412.00-414.00 | |
French Barley/Malt Crop 2021 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
210.00-212.00 | 0.47% |
6RW Malting Barley (FOB Creil) |
206.00-208.00 | 0.48% |
2RS Malt (FOB Antwerp) |
412.50-414.50 | 0.30% |
6RW Malt (FOB Antwerp) |
407.50-409.50 | 0.30% |
German Malting Barley Crop 2020 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
nq | |
Danish Malting Barley Crop 2020 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,464.00-1,466.00 | |
Malting Barley (West) |
1,464.00-1,466.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
EU: No large malt stocks in the industry and analysts recommend caution in barley and malt procurements
...Click here
|
China: China Resources Beer reports 59.6% net profit increase for 2020
...Click here
|
China: Taishan beer brand secures over $92 mln in initial round of equity financing from CMC Capital Group
...Click here
|
World: Barley prices rising around the world with China buying unprecedented volumes from new suppliers
...Click here
|
China: Chinese demand keeps pressure on French barley supplies
...Click here
|
UK: Overall picture for malt and malting barley seen as positive
...Click here
|
Japan: Kirin counting on beer dispenser to help boost sales
...Click here
|
USA: AB InBev, clothing company Patagonia end trademark dispute
...Click here
|
Graph of the week
Table of the week
Canada Beer Sales 2015-2020s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
22 March
1895 - Auguste and Louis Lumiere show their 1st movie to an invited audience
1933 - Franklin D. Roosevelt makes wine and beer with up to 3.2% alcohol legal
1960 - 1st patent for lasers, granted to Arthur Schawlow and Charles Townes
23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%
24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service
Agenda
March 2021:
23 - 23: Beviale Mexico 2021 (Online)
30 - 30: Beviale Mexico 2021 (Online)
April 2021:
12 - 14: Beer & Food Attraction 2021 (Rimini, Italy)
16 - 18: Cerveza Mexico Expo 2021 (Mexico City, Mexico)
20 - 20: EBC Symposium 2021 (Online)
27 - 29: 1st VLB International Craft Brewing Conference (Online)
30 - 02 May: Finest Spirits 2021 (Munich, Germany)
May 2021:
12 - 14: Craft Beer China 2021 (Shanghai, China)
17 - 23: Budapest Beer Week 2021 (Budapest, Hungary)
18 - 20: Beer 2021 (Sochi, Russia)
27 - 30: Wiener Bierfest 2021 (Vienna, Austria)
June 2021:
08 - 09: Bev Expo 2021 (Manchester, UK)
15 - 17: Brasil Brau 2021 (Sao Paulo, Brazil)
July 2021:
01 - 03: Helsinki Beer Festival 2021 (Helsinki, Finland)
13 - 15: Fdt Africa 2021 (Midrand, South Africa)
August 2021:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
12 - 14: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
24 - 28: 2nd VLB Africa Brewing Conference (Online)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
18 - 03 October: Oktoberfest 2021 (Munich, Germany)
21 - 23: 11th Ibero-American VLB Symposium (Barcelona, Spain)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
November 2021:
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
Malt News
|
EU: No large malt stocks in the industry and analysts recommend caution in barley and malt procurements
|
As malt production had been cautiously adjusted to real demand, there are no large malt stocks in the malt industry. There are no barley
...More info on site
|
Brewery News
|
China: China Resources Beer reports 59.6% net profit increase for 2020
|
China Resources Beer said net profit for 2020 grew by 59.6 percent to 2.09 billion yuan (HK$2.49 billion) last year, driven by premium products,
...More info on site
|
China: Taishan beer brand secures over $92 mln in initial round of equity financing from CMC Capital Group
|
Chinese original beer brand Taishan has secured over 600 million yuan ($92.2 million) in its initial round of equity financing from CMC Capital Group,
...More info on site
|
Japan: Kirin counting on beer dispenser to help boost sales
|
Japan's Kirin Holdings is counting on its beer dispenser to help boost sales which had fallen for 16 straight years, the Nikkei Asian Review reported on March 20.
Kirin said it hopes its compact beer dispenser, Home Tap, will draw 100,000 subscribers this year. The company had rolled out the machine, which dispenses beer with a foamy head, in 2017 but a production bottleneck meant that it was unable to offer the service on a large scale until now.
"I want to make the beer market attractive at any cost," Takayuki Fuse, CEO of Kirin Brewery, a unit of Kirin Holdings told reporters recently at a news conference. He called Home Tap "an important pillar" for the business and "one of its efforts to revitalize the beer market."
The subscription service is for a range of fresh beer, including Kirin's key Ichiban Shibori brand, as well as craft beers. Subscribers only pay for the beers and get Home Tap for free during their term.
Even before the coronavirus outbreak, the Japanese beer industry has been facing a fall in consumption. In addition to increasing health consciousness, changes in the workplace -- due to more telecommuting and less obligatory socializing with bosses -- mean fewer
...More info on site
|
USA: AB InBev, clothing company Patagonia end trademark dispute
|
Clothing company Patagonia and the world’s largest brewer, AB InBev, have ended their trademark dispute over a new beer brand in the US, The Drinks Business reported on March 23.
Both companies have agreed to settle their dispute over the launch of a Patagonia-branded beer.
They filed a joint stipulation at the Central District Court of California on March 22, where they both sought to dismiss the lawsuit.
The court document states: “The parties stipulate and agree to the dismissal with prejudice of this entire action, including all claims and counterclaims, pursuant to Federal Rule of Civil Procedure. The parties will bear their respective costs and attorneys’ fees.”
The financial terms of the settlement have not been disclosed.
Patagonia first brought its case against AB InBev in 2019 after the latter released a new beer brand with a “strikingly similar” logo to the outdoor clothing specialist. Patagonia accused AB InBev of taking “advantage of its tremendous goodwill” and of setting out to create confusion between the two brands.
AB InBev obtained the trademark for Patagonia beer in the US back in 2012, but did not launch the Patagonia Brewing Company brand in the country until 2018. The brewery which makes the product in question, Cervecería y
...More info on site
|
Barley News
|
World: Barley prices rising around the world with China buying unprecedented volumes from new suppliers
|
Barley prices around the world are rising sharply as China sucks in crops from elsewhere after hitting Australia with steep tariffs last year as
...More info on site
|
China: Chinese demand keeps pressure on French barley supplies
|
China has already booked 2.0 – 2.2 mln tonnes of French new crop feed barley, H. M. Gauger GmbH reported earlier in March.
The
...More info on site
|
UK: Overall picture for malt and malting barley seen as positive
|
Representatives of the National Farmers’ Union (NFU) Scotland, England and Wales branches met with representatives of the Maltsters’ Association of Great Britain virtually for
...More info on site
|
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