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Flash Summary
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E-Malt.com Flash 20b
May 20 - May 23, 2021
Quote of the Week
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Conan O'Brien
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Currency Rates
Base Currency: Euro
on May 21, 2021 |
Base Currency: US Dollar
on May 21, 2021 |
| |
1 EUR = 1.2202 USD
1 EUR = 0.8625 GBP
1 EUR = 1.4754 CAD
1 EUR = 1.5729 AUD
1 EUR = 132.9400 JPY
1 EUR = 6.4621 BRL
1 EUR = 89.8254 RUB
1 EUR = 7.8524 CNY
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1 USD = 0.8195 EUR
1 USD = 0.7069 GBP
1 USD = 1.2092 CAD
1 USD = 1.2890 AUD
1 USD = 108.9400 JPY
1 USD = 5.2960 BRL
1 USD = 73.6163 RUB
1 USD = 6.4354 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 21, 2021 |
French Barley/Malt
Crop 2020
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
217.00-219.00 |  0.91% |
| 6RW Malting Barley (FOB Creil) |
214.00-216.00 | 0.92% |
| Feed Barley (FOB Creil) |
205.00-207.00 | 0.96% |
| 2RS Malt (FOB Antwerp) |
425.50-427.50 | 0.57% |
| 6RW Malt (FOB Antwerp) |
421.50-423.50 | 0.58% |
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 | |
| 2RS Malt (FOB Antwerp) |
419.00-421.00 | |
| 6RW Malt (FOB Antwerp) |
415.00-417.00 | |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
205.50-207.50 |  0.89% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,584.00-1,586.00 | |
| Malting Barley (West) |
1,594.00-1,596.00 | |
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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.
Australia: United Malt Group expected to experience recovery in FY22 volumes
...Click here
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Malaysia: Heineken Malaysia Bhd achieves 29% net profit increase in Q1 2021
...Click here
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Portugal: Average pure alcohol consumption estimated at 12 litres per year
...Click here
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EU: Denmark expected to plant largest malting barley area, overall S/D balance looks tight
...Click here
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Canada: 2020-21 barley exports forecast up by 450 tonnes from April
...Click here
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UK: Pub operator Marston’s reveals £105.5 mln pre-tax loss but post-lockdown sales inspire optimism
...Click here
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Australia & New Zealand: Brewers may have to follow more mandatory labelling standards
...Click here
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Ireland: Fire breaks out at iconic Guinness Brewery
...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
20 May
1806 - John Stuart Mill is born, UK, philosopher/political economist/Utilitarian
1875 - International Bureau of Weights and Measures forms by treaty
1892 - Charles Brady King invents pneumatic hammer
1983 - First publications of the discovery of the HIV virus that causes AIDS in the journal Science by Luc Montagnier
21 May
1570 - 1st atlas, with 70 maps, published
1761 - 1st life insurance policy in U.S., issued in Philadelphia
1929 - Automatic electric stock quotation board installed, New York City
22 May
1785 - Benjamin Franklin announces his invention of bifocals
1900 - Associated Press News Service forms in New York
1918 - King Oil/Shell refinery on Curacao officially opens
23 May
1922 - Walt Disney incorporates his 1st film company Laugh-O-Gram Films
1956 - World Trade Center dedicated in Ferry Building, San Francisco
1995 - Sun Microsystems launches Java, the universal Internet programming language
1995 - The first version of the Java programming language is released
Agenda
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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Australia: United Malt Group expected to experience recovery in FY22 volumes
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Demand for beer as summer beckons in the northern hemisphere is expected to lead to a rebound in brewing and allow United Malt Group
...More info on site
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Brewery News
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Malaysia: Heineken Malaysia Bhd achieves 29% net profit increase in Q1 2021
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Heineken Malaysia Bhd achieved a 29% year-on-year (y-o-y) growth in net profit to RM73.53 million for the first quarter ended March 31, 2021 (1QFY21)
...More info on site
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Portugal: Average pure alcohol consumption estimated at 12 litres per year
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Portuguese citizens annually consume an average of 12 litres of pure alcohol, one of the highest records in the countries of the Organization for
...More info on site
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UK: Pub operator Marston’s reveals £105.5 mln pre-tax loss but post-lockdown sales inspire optimism
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While pub operator Marston’s has revealed a £105.5 mln pre-tax loss in the 26 weeks to 3 April, the firm cites post-lockdown sales hitting 80% of pre-pandemic levels as cause for optimism, The Morning Advertiser reported on May 19.
According to its most recent interim results statement for the 26 weeks to 3 April, the Wolverhampton-based operator of 1,500 pubs revealed a total pre-tax loss of £105.5 mln – versus £31.1 mln recorded during the equivalent period in the previous financial year.
On top of this, Marston’s revealed that its total revenue fell from £343.3 mln during the first half of the previous financial year, to £55.1 mln during the most recent half-year.
However, the firm posted a net profit of £199.3 mln – compared to a £28 mln loss made during the equivalent period during the previous financial year – due to £291 mln made from the its disposal of brewing business into the Carlsberg Marston’s Brewing Company joint venture.
Marston’s also revealed that it had drawn down £164 mln of a £280 mln bank facility, which is in place until 2024, providing headroom of £116 mln.
Previously, the firm revealed that it made a total loss of £397.1 mln during
...More info on site
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Australia & New Zealand: Brewers may have to follow more mandatory labelling standards
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Food Standards Australia New Zealand is undertaking industry consultation as it proposes to introduce further mandatory labelling requirements onto alcohol products, the Australian Brews News reported on May 20.
After the industry battled over pregnancy warning labelling last year, the focus has now turned on nutrition labelling.
These new rules will force brewers and other alcohol producers to include energy, carbohydrate and sugar content information on beer packaging. Alcohol products are currently exempt from having to provide nutrition information.
In recent months, FSANZ engaged with key industry stakeholders including the Independent Brewers Association, the Brewers Association, consisting of Lion, Carlton & United Breweries and Coopers, and the Brewers Guild of New Zealand. These industry organisations are currently making submissions.
“We expect to report to the FSANZ Board on this initial work in early June 2021, and subject to their consideration commence a second stage of work to explore regulatory and/or non-regulatory options for energy labelling of alcoholic beverages, and identify a preferred approach,” FSANZ said in a statement to Brews News.
The proposals have been met with dismay from the industry which was already forced to make its case against mandatory labelling with pregnancy warning labels. The IBA worked out would cost A$100 million over
...More info on site
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Ireland: Fire breaks out at iconic Guinness Brewery
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The iconic Guinness Brewery, and national treasure of the Emerald Isle, suffered from a small fire at St James’s Gate, just weeks before the pubs reopen. Firefighters rushed to the scene at the brewery near the iconic Guinness Storehouse in Dublin shortly after 10am on May 19, The Journal reports.
At around midday, a “small fire” was extinguished at the brewery and is understood not to have affected the brewing operations. The incident had been contained in the barley roaster drum, and thankfully, reduced the risk of spreading to other rooms or nearby buildings.
Nearby stations, Dolphin’s Barn and Tara Street sent three Dublin Fire Brigade units to the scene. Accompanied with breathing apparatuses, firefighters entered the building, just off School Street, to tackle the small fire.
A spokesperson of Diageo told The Journal that a “small fire” had broken out “inside a barley roaster drum at Saint James’s Gate”. The incident was contained quickly, and we were back in operation at our roast house in a matter of a few hours, with no impact on brewing operations.”
A spokesperson for Dublin City Council said units were called to a fire at the brewery, shortly after 10.00 am yesterday morning. The fire was located
...More info on site
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Barley News
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EU: Denmark expected to plant largest malting barley area, overall S/D balance looks tight
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Denmark is expected to plant the largest area to malting barley in the EU this year – 550 thousand ha, followed by France with
...More info on site
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Canada: 2020-21 barley exports forecast up by 450 tonnes from April
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For 2020-21, the forecast for total Canadian barley exports (raw barley grain and grain equivalent of malt) is pegged at 4.2 million tonnes, up
...More info on site
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