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Flash Summary
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E-Malt.com Flash 49b
December 09 - December 12, 2021
Quote of the Week
If today you are a little bit better than you were yesterday, then that's enough.
David A. Bednar
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Currency Rates
Base Currency: Euro
on December 10, 2021 |
Base Currency: US Dollar
on December 10, 2021 |
| |
1 EUR = 1.1312 USD
1 EUR = 0.8565 GBP
1 EUR = 1.4346 CAD
1 EUR = 1.5806 AUD
1 EUR = 128.4400 JPY
1 EUR = 6.2777 BRL
1 EUR = 83.2676 RUB
1 EUR = 7.1944 CNY
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1 USD = 0.8839 EUR
1 USD = 0.7572 GBP
1 USD = 1.2682 CAD
1 USD = 1.3972 AUD
1 USD = 113.5400 JPY
1 USD = 5.5498 BRL
1 USD = 73.6131 RUB
1 USD = 6.3602 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 10, 2021 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
352.00-354.00 |  |
| 6RW Malting Barley (FOB Creil) |
329.00-331.00 | |
| Feed Barley (FOB Creil) |
254.00-256.00 | |
| 2RS Malt (FOB Antwerp) |
597.50-599.50 | |
| 6RW Malt (FOB Antwerp) |
569.00-571.00 | |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
283.00-285.00 | |
| 6RW Malting Barley (FOB Creil) |
271.00-273.00 | |
| 2RS Malt (FOB Antwerp) |
511.50-513.50 | |
| 6RW Malt (FOB Antwerp) |
496.50-498.50 | |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
335.00-337.00 |  0.54% |
No change;
Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: China’s January-October beer output up 4.8% yoy, US sales show 0.7% increase
...Click here
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World: Supply chain disruption brings ‘massive change’ to beer market – AB InBev CEO
...Click here
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Japan: Beer sales up for the first time in seven months
...Click here
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The Czech Republic: Beer consumption down by 6 litres per person year-on-year
...Click here
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World: Barley trade forecast increased but production further down in USDA’s December report
...Click here
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Australia: Barley crop forecast remains at 13 mln tonnes but with major uncertainty about quality
...Click here
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EU: Barley exports already at 65% of anticipated total for 2021/22
...Click here
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Australia: Near-record barley production in Australia to bring relief to world’s barley importers
...Click here
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USA: Drastic decline in 2021 barley production results in favourable outlook for 2022 demand
...Click here
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Argentina: Barley harvest begins with good outcome anticipated
...Click here
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India: United Breweries challenges Competition Commission of India’s penalty before appellate tribunal NCLAT
...Click here
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Poland: Parliament mulling yet another increase in excise duty on beer
...Click here
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Myanmar & Japan: Dispute between Kirin and military-backed Myanmar company to be settled based on law – investment minister
...Click here
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Australia: Largest beer manufacturers rationing most popular canned beer in lead-up to Christmas
...Click here
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Graph of the week
Table of the week
World Barley Supply & Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
09 December
1793 - Noah Webster establishes New York's 1st daily newspaper, American Minerva
1843 - P Paul Leroy-Beaulieu French economist is born
1905 - French Assembly National votes for separation of church & state
1916 - P Paul Leroy-Beaulieu French economist (Economist France), dies at 73
1967 - Nicolae Ceausescu becomes President (dictator) of Romania
1968 - Doug Engelbart demonstrates first computer mouse at Stanford
10 December
1672 - New York Governor Lovelace announces monthly mail service between New York & Boston
1799 - Metric system established in France
1868 - The first traffic lights are installed, outside the Palace of Westminster in London
1901 - 1st Nobel Peace Prizes (to Jean Henri Dunant, Frederic Passy)
1915 - 10,000,000th model T Ford assembled
1930 - Clayton K Yeutter, US trade representative/Republican National chairman is born in Nebraska
1948 - UN General Assembly adopts Universal Declaration of Human Rights
1993 - Dow Jones hits record 3740.67
11 December
1901 - 1st newspaper on Curacao (Curacao Gazette & Commercial Advertiser)
1901 - Marconi sends 1st transatlantic radio signal, Cornwall to Newfoundland
1930 - Bank of the United States opens in New York NY
1967 - SST prototype "Concorde" 1st shown (France)
1985 - General Electric acquires RCA Corp & its subsidiary
1985 - Dow Jones closes above 1,500 for 1st time (1,511.70)
1997 - The Kyoto Protocol opens for signature
12 December
1858 - Bank of the US opens
1858 - Washington DC established as capital of US
1878 - Joseph Pulitzer begins publishing "St Louis Dispatch"
1901 - Marconi receives 1st transatlantic radio signal, England to US
1991 - Maastricht Treaty signed to create a European Community
Agenda
December 2021:
17 - 19: Barcelona Beer Festival 2021 (Barcelona, Spain)
February 2022:
04 - 06: Finest Spirits 2022 (Munich, Germany)
11 - 14: HoReCa 2022 (Athens, Greece)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
20 - 23: Beer & Food Attraction 2022 (Rimini Expo Centre, Rimini, Italy)
March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
16 - 17: BeerX 2022 (Liverpool, UK)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
02 - 05: Craft Brewers Conference & BrewExpo America 2022 (Minneapolis, MN, USA)
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
17 - 19: Expo Antad & Alimentaria Mexico 2022 (Expo Guadalajara, Jalisco, Mexico)
19 - 22: Mondial de la Biere 2022 (Montreal, Canada)
24 - 27: Beer 2022 (Sochi, Russia)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: IGC Grains Conference 2022 (London, UK)
07 - 08: Bevexpo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2022:
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
November 2022:
08 - 10: Brau Beviale 2022 (Nuremberg, Germany)
December 2022:
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
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Brewery News
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World: China’s January-October beer output up 4.8% yoy, US sales show 0.7% increase
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According to official statistics, Chinese beer output in January-October totalled 313.3 mln hl, plus 4.8% year-over-year, H. M. Gauger GmbH reported earlier this month.
German
...More info on site
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World: Supply chain disruption brings ‘massive change’ to beer market – AB InBev CEO
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Computer chips, Nike shoes, even cream cheese — all are products snarled by supply chain disruptions as holiday shopping takes hold.
A cold beer
...More info on site
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Japan: Beer sales up for the first time in seven months
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Beer sales are up in Japan for the first time in seven months. This comes after the government lifted a pandemic-related ban on alcohol
...More info on site
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The Czech Republic: Beer consumption down by 6 litres per person year-on-year
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The Covid-19 pandemic has changed Czechs’ eating habits, according to newly released data by the Czech Statistics Office, the Radio Prague reported on December
...More info on site
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Belgium: Beer pricesto rise again in the new year
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Beer prices will rise again in Belgium in the new year: both the multinational AB InBev and Alken-Maes (Belgian brewery in the hands of
...More info on site
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India: United Breweries challenges Competition Commission of India’s penalty before appellate tribunal NCLAT
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Beer maker United Breweries Ltd (UBL) has approached the appellate tribunal NCLAT against Rs 751.8 crore penalty imposed on the company by the fair trade regulator CCI, The Economic Times reported on December 8.
The Competition Commission of India on September 24, 2021, imposed a fine of Rs 751.8 crore for alleged cartelisation in the sale and supply of beer.
"The company has now filed an appeal before the National Company Law Appellate Tribunal (NCLAT) against the CCI order dated September 24, 2021," said UBL in a regulatory update.
The NCLAT is the appellate authority over the CCI. It hears appeals against any direction issued or decision made or order passed by CCI.
Earlier in October, UBL, which is now controlled by Dutch-based multinational Heineken, had said it was in process of preparing the grounds of the appeal, which was expected to be filed within two months from the date of order.
On the basis of the legal advise "the company believes that it has a strong case on merits for successful appeal on this matter", UBL had said on October 27, in post earning statement for July-September quarter.
Earlier this year, Heineken had acquired additional ordinary shares in UBL on June 23 taking its shareholding
...More info on site
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Poland: Parliament mulling yet another increase in excise duty on beer
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Just a few days after the adoption of the act increasing the excise duty on beer by 10 percent from the new year and by another 28 percent over the next five years, Poland’s MPs began work on another project assuming an increase in excise duty on sweetened flavored beers, the Spark Chronicles reported on December 10.
According to industry representatives, it will lead to an increase in beer prices and a further decline in its consumption. And this will impact not only breweries, mainly smaller ones, but also farmers and small shops that live off selling beer.
“Last year we were surprised by the pandemic, which caused a few percent of the market decline. This year, despite the fact that we were counting on a rebound, we faced an even deeper decline. We have lower sales than last year – the decline is over 5 percent compared to 2020. Beer consumption in Poland is at the lowest levels in the last 10 years: over 3.5 million hectolitres of beer disappeared from the market in three years,” said Bartłomiej Morzycki, general director of the Union of Brewing Industry Employers – Polish Breweries.
“This year the brewing industry was surprised by a sudden
...More info on site
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Myanmar & Japan: Dispute between Kirin and military-backed Myanmar company to be settled based on law – investment minister
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Aung Naing Oo, Myanmar's investment and foreign economic relations minister, says a dispute between Japanese brewer Kirin Holdings and a company backed by the Myanmar military will be settled based on the law, The Nikkei Asia reported on December 10.
Everything will "go along with the laws," and the government is monitoring the progress of the issue between the two parties, the minister told Nikkei and other media outlets in an online news conference on December 7. Maung Maung Ohn, Myanmar's information minister, also took part in the interview. Both ministers were appointed by the military after it seized power from the civilian-led government in February.
"We are encouraging both parties to settle this issue amicably, but if that does not happen, that will be [settled], according to the law," Aung Naing Oo said.
At issue is the fate of Myanmar Brewery, which is jointly operated by Kirin and Myanmar Economic Holdings (MEHL). Kirin decided to unwind the partnership after the Myanmar military took control of the country in February. The joint venture is owned 51% by Kirin, while MEHL holds the rest.
Kirin asked MEHL to sell its stake, but negotiations between the two have gone nowhere. MEHL filed a request with a
...More info on site
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Belgium: Belgian nuns start brewing beer
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When the nuns of Maredret Abbey in Belgium were struggling to scrape together the funds for badly needed renovation works, they turned to an occupation that for hundreds of years had been the preserve of monks: beer-brewing, Reuters reported on December 10.
The 20-strong Benedictine community, founded in 1893, decided about five years ago it was time to team up with a brewer with the aim of to producing beer infused with some of their history and values while helping repair their convent's leaking roofs and cracked walls.
After nearly three years of collaboration with brewer and importer John Martin, Maredret Altus, a 6.8% amber beer using cloves and juniper berries, and Maredret Triplus, an 8% blond incorporating coriander and sage, went on sale in summer.
"It's good for one's health. It aids digestion. All the sisters like the beer, we are in Belgium after all," said Sister Gertrude, adding the nuns allowed themselves one bottle each on Sundays.
The beers are based on spelt, a grain mentioned in texts by Saint Hildegard, a German Benedictine abbess from the 11th century who has inspired the Belgian order, along with plants commonly grown in the nuns' garden.
Edward Martin, head distiller and great-grandson of the brewer's
...More info on site
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Australia: Largest beer manufacturers rationing most popular canned beer in lead-up to Christmas
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One of Australia’s largest beer manufacturers has been rationing its most popular canned beer in the lead-up to Christmas, amid supply chain issues due to the Covid-19 pandemic, The Guardian reported on December 10.
Shortages of wooden pallets and aluminium respectively have hit Australia’s two beer giants, Lion and Carlton & United Breweries (CUB).
But people craving a cold one on Christmas Day shouldn’t panic, with the industry pouring cold water on talk of major shortages over summer.
CUB says while it is not facing shortages of kegs or its Australian-brewed stubbies or cans, the company recently had to limit the sale of some items due to aluminium shortages.
“To be clear, we are not facing shortages of VB, Carlton Draught, Great Northern, Carlton Dry, or Pure Blonde,” sales director Peter Bingeman said in a statement to Guardian Australia.
“Recently we had limited the sale of our most popular canned beer for a short time due to aluminium shortages, but those shortages have been successfully managed.”
Purchase limits introduced on various CUB products at alcohol retailer BWS are anticipated to be lifted by the middle of next week.
Bingeman said there were international supply chain issues for the Mexican beer Corona, which is imported by CUB.
“However, we
...More info on site
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Barley News
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World: Barley trade forecast increased but production further down in USDA’s December report
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World barley trade in 2021/22 is forecast to reach 34.067 mln tonnes, up from the November forecast of 33.592 mln tonnes but still below
...More info on site
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Australia: Barley crop forecast remains at 13 mln tonnes but with major uncertainty about quality
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This month’s forecast of Australia’s barley crop remains at 13 mln tonnes but with some major uncertainty surrounding the quality related, especially on the
...More info on site
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EU: Barley exports already at 65% of anticipated total for 2021/22
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As per combined Taxud and port statistics, the EU-27 barley exports to 3rd countries from the beginning of the marketing season till November 21
...More info on site
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Australia: Near-record barley production in Australia to bring relief to world’s barley importers
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A forecast of near-record barley production in Australia should bring relief to the world’s barley importers struggling with high prices as well as global
...More info on site
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USA: Drastic decline in 2021 barley production results in favourable outlook for 2022 demand
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A drastic decline in 2021 U.S. barley production has resulted in a favorable outlook for demand in 2022, AGWeek reported on December 9.
Buyers of
...More info on site
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Argentina: Barley harvest begins with good outcome anticipated
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Argentina’s barley harvest has begun with a good outcome anticipated, and RMI Analytics’ crop production forecast remains at 4.9 mln tonnes.
A bit concerning is
...More info on site
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