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Flash Summary
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E-Malt.com Flash 20a
May 17 - May 19, 2021
Quote of the Week
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Conan O'Brien
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Currency Rates
Base Currency: Euro
on May 19, 2021 |
Base Currency: US Dollar
on May 19, 2021 |
| |
1 EUR = 1.2201 USD
1 EUR = 0.8600 GBP
1 EUR = 1.4698 CAD
1 EUR = 1.5654 AUD
1 EUR = 132.9900 JPY
1 EUR = 6.4223 BRL
1 EUR = 89.9441 RUB
1 EUR = 7.8399 CNY
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1 USD = 0.8195 EUR
1 USD = 0.7048 GBP
1 USD = 1.2046 CAD
1 USD = 1.2828 AUD
1 USD = 108.9900 JPY
1 USD = 5.2636 BRL
1 USD = 73.7161 RUB
1 USD = 6.4254 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 19, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
219.00-221.00 |  |
| 6RW Malting Barley (FOB Creil) |
216.00-218.00 | |
| Feed Barley (FOB Creil) |
207.00-209.00 |  0.95% |
| 2RS Malt (FOB Antwerp) |
427.50-429.50 | |
| 6RW Malt (FOB Antwerp) |
424.00-426.00 | |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
215.00-217.00 | |
| 6RW Malting Barley (FOB Creil) |
212.00-214.00 | 0.47% |
| 2RS Malt (FOB Antwerp) |
419.00-421.00 | |
| 6RW Malt (FOB Antwerp) |
415.00-417.00 | 0.29% |
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) |
1,584.00-1,586.00 |  1.28% |
| Malting Barley (West) |
1,594.00-1,596.00 | 1.92% |
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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.
Asia & Africa: Good malt sales reported from Southeast Asia and outhern Africa
...Click here
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World: Leading beer producing countries report declines in sales, except for China
...Click here
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South Korea: HiteJinro’s Q1 beer sales slide 3.3% yoy
...Click here
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Malaysia: Carlsberg Brewery Malaysia posts 8.9% net profit decline in Q1
...Click here
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EU & UK: Spring malting barley surplus in core producing nations forecast at 500 thousand tonnes
...Click here
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EU: Barley production forecast increased to 55.4 mln tonnes - Coceral
...Click here
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Germany: Both winter and spring barley area down this year
...Click here
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South Africa: Heineken confirms talks on possible acquisition of South Africa’s Distell
...Click here
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Australia: Beer consumption down, wine and spirits up during Covid-19 period
...Click here
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Belgium: Trappist monks of the Abbey of Rochefort win another important court battle for water
...Click here
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Nigeria: Nigerian Breweries appoints new Managing Director and CEO
...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
17 May
1892 - George Sampson patents clothes dryer
1921 - Belgian-Luxembourg sign customs union
1968 - European Space Research Org launches 1st satellite
18 May
1801 - Well over a century after stock trading began in Britain, the cornerstone of the stock exchange building is finally laid in the City of London
1804 - Napoleon Bonaparte is proclaimed Emperor of the French by the French Senate
1822 - Frederic Passy is born, French economist/pacifist, Nobel 1901
1954 - European Convention on Human Rights goes into effect
1969 - Apollo program: Apollo 10 is launched
19 May
1892 - Charles Brady King invents pneumatic hammer
1913 - William Reddington Hewlett is born, American Businessman
1939 - 1st regular transatlantic airmail (New York to Marsseille France)
Agenda
May 2021:
18 - 21: Beer 2021 (Sochi, Russia)
August 2021:
06 - 07: Tallinn Craft Beer Weekend 2021 (Tallinn, Estonia)
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)
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)
20 - 22: drink technology India 2021 (Mumbai, India)
November 2021:
02 - 04: Fdt Africa 2021 (Midrand, South Africa)
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
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)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
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Malt News
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Asia & Africa: Good malt sales reported from Southeast Asia and outhern Africa
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Good malt sales (no quantities available) are reported from Southeast Asia and the southern African countries, H. M. Gauger GmbH said in their May
...More info on site
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Brewery News
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World: Leading beer producing countries report declines in sales, except for China
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China’s beer sales in January-March this year totalled 82.2 mln hl, 51% more than the corona-affected output in January-March of last year, H. M.
...More info on site
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South Korea: HiteJinro’s Q1 beer sales slide 3.3% yoy
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Korean beer maker HiteJinro posted consolidated 1Q21 sales of W535.1 bln (+0.2% y-y) and an operating profit of W52.9 bln (-5.7% y-y), the Business
...More info on site
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Malaysia: Carlsberg Brewery Malaysia posts 8.9% net profit decline in Q1
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Carlsberg Brewery Malaysia Bhd posted a net profit of RM66.46 mln in the first quarter ended March 31, 2021, which was 8.9% lower than
...More info on site
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Australia: Beer consumption down, wine and spirits up during Covid-19 period
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Data from Roy Morgan’s Alcohol Consumption Report showed that there were significant increases in wine and spirits consumption (up 3.3 percentage points over the year) in Australia during the COVID-19 period, the Echo Net Daily reported on May 18.
The number of Australians drinking wine increased from 8,065,000 (41 per cent of Australians aged 18+) to 8,814,000 (44.3 per cent). Although more women than men drink wine, the increase in the number of men drinking wine was larger than for women.
According to Roy Morgan CEO, Michele Levine, ‘the number of people drinking wine also increased across the age spectrum, and perhaps surprisingly the largest increase by age group was for those aged 80+, which is up 6.7 per cent on a year ago.’
In addition, spirit-drinkers increased to 6,277,000 (31.5 per cent) from 5,465,000 (27.8 per cent). The incidence of drinking spirits was up for both genders and across all legal age groups, with the largest increase by age for people 25–34 (up 7.7 per cent on a year ago).
During the pandemic period there was a nation-wide lockdown in March to May 2020, and a longer second lockdown in Victoria between July and October, plus smaller lockdowns, during which
...More info on site
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Belgium: Trappist monks of the Abbey of Rochefort win another important court battle for water
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The Trappist monks of the Abbey of Rochefort in Namur province have won another important court battle in a dispute with Lhoist Group, the world’s largest producer of chalk, The Brussels Times reported on May 14.
The monks of the Abbey of Notre-Dame of Saint-Remy produce some of the most celebrated beers in the world, using water from the Tridaine spring. But Lhoist wants to continue producing chalk from the area until 2046, which would involve redirecting the course of the spring.
The monks took their case to court, relying on a legal document from 1833 which forbids anyone, including the owner of the quarry Lhoist wants to extend, from changing the course of the spring.
The document effectively guarantees the right of the abbey to receive the waters of the Tridaine spring as it arises naturally at the surface. The 1833 deed, which dates back more than a century before the quarrying was ever begun and 66 years before the founding of the current brewery, protects this right to a natural source of water.
According to Gert De Rouck, a brewing expert at the University of Leuven speaking to VRT Radio at the time of the original judgement, water is “an underestimated raw
...More info on site
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Nigeria: Nigerian Breweries appoints new Managing Director and CEO
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Nigerian Breweries, the largest brewing company in Nigeria, has appointed Mr. Hans Essaadi as the Managing Director and Chief Executive Officer (CEO) effective 31st, July 2021, investorsking.com reported on May 14.
Mr. Essaadi will replace Mr. Jordi Borrut Bel, the current Managing Director and Chief Executive Officer of Nigerian Breweries who will be completing his tenure on the 30th of July, 2021.
Mr. Borrut Bel is expected to take up another assignment within the Heineken Group, hence why the Board accepted his letter of resignation.
Mr. Essaadi, is currently the Managing Director of Al Haram Beverages, the HEINEKEN Operating Company (“OpCo”) in Egypt and joined the HEINEKEN Group as a Sales Representative in 1991.
He subsequently took up increasingly senior roles within the Group in Sales, Export and Marketing. He commenced his international career with HEINEKEN Puerto Rico as the Country Manager, and thereafter became the General Manager, Brau Union International, the HEINEKEN OpCo in Austria.
Before his current role in Egypt, he was General Manager, Siroco (the HEINEKEN Joint Venture with the Emirates in Dubai) and Managing Director, HEINEKEN Malaysia Berhad, a listed company in Malaysia.
The Board is pleased to have a person of Mr. Essaadi’s experience and knowledge to take up the position
...More info on site
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Barley News
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EU & UK: Spring malting barley surplus in core producing nations forecast at 500 thousand tonnes
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In their May report, the H. M. Gauger GmbH analysts estimate the spring malting barley surplus in the core EU malting barley producing countries
...More info on site
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EU: Barley production forecast increased to 55.4 mln tonnes - Coceral
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Grain trade association Coceral on May 18 raised its forecast of this year's soft wheat production in the European Union, citing excellent yield prospects
...More info on site
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Germany: Both winter and spring barley area down this year
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Germany's winter wheat sown area for the 2021 harvest has been increased by 3.0% on the year to some 2.83 million hectares, Germany’s national
...More info on site
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Whisky News
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South Africa: Heineken confirms talks on possible acquisition of South Africa’s Distell
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Heineken NV confirmed on May 18 that it was in talks with South Africa's Distell about a possible acquisition, in what would mark a
...More info on site
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