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E-Malt.com Flash 26a
June 27 - June 29, 2022
Quote of the Week
Beer will always have a definite role in the diet of an individual and can be considered a cog in the wheel of nutritional foods.
Bruce Carlton
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Currency Rates
Base Currency: Euro
on June 29, 2022 |
Base Currency: US Dollar
on June 29, 2022 |
| |
1 EUR = 1.0554 USD
1 EUR = 0.8627 GBP
1 EUR = 1.3569 CAD
1 EUR = 1.5233 AUD
1 EUR = 143.4030 JPY
1 EUR = 5.5321 BRL
1 EUR = 56.3670 RUB
1 EUR = 7.0694 CNY
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1 USD = 0.9474 EUR
1 USD = 0.8174 GBP
1 USD = 1.2857 CAD
1 USD = 1.4432 AUD
1 USD = 135.8700 JPY
1 USD = 5.2418 BRL
1 USD = 53.4093 RUB
1 USD = 6.6984 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 29, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
431.00-433.00 |  0.69% |
| 6RW Malting Barley (FOB Creil) |
404.00-406.00 | 0.98% |
| Feed Barley (FOB Creil) |
323.00-325.00 | 1.22% |
| 2RS Malt (FOB Antwerp) |
755.00-757.00 | 0.49% |
| 6RW Malt (FOB Antwerp) |
722.00-724.00 | 0.68% |
German Malting Barley
Crop 2021
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Vietnam: Beer market regaining its fizz in wake of COVID
...Click here
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The Netherlands & Taiwan: Heineken reaches agreement to buy Sanyo Whisbih Group's subsidiary brewery
...Click here
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Malaysia: Beer prices hike may impact demand in Q3 this year
...Click here
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World: Barley production forecast keeps shrinking due to weather issues
...Click here
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Canada: Canada barley production forecast remains at 9.3 mln tonnes
...Click here
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Russia: Diageo to wind down its business operations in Russia
...Click here
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Mexico: Heineken to build a can manufacturing plant in northern Mexico
...Click here
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Asia: More drinkers in Southeast Asia turning to less-potent beverages and even alcohol-free drinks
...Click here
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The Czech Republic: Budejovicky Budvar’s net profit up by some 10% last year
...Click here
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Cameroon: Brasseries Samuel Foyou launches its first beer in Cameroon
...Click here
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Graph of the week
Table of the week
Germany Hops Area 2020 - 2022s
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
27 June
1820 - 1st edition of newspaper "Courrier de la Meuse" published"
1922 - Alan Peacock is born, economist
2013 - NASA launches the Interface Region Imaging Spectrograph, a space probe to observe the Sun
28 June
1801 - Frederic Bastiat is born, French Economist
1894 - London Tower Bridge opens
29 June
1200 - In China, sunglasses are invented
1881 - 1st international telephone conversation, Calais, ME-St. Stephen, NB
1979 - The Wall Street Journal boot Chrysler from the Dow Jones Industrial Average and replace it with IBM
2007 - Apple Inc. releases its first mobile phone, the iPhone
Agenda
July 2022:
27 - 29: Craft Beer China 2022 (Shanghai, China)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
14 - 16: Brewing Summit 2022 (Providence, Rhode Island, USA)
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
12 - 15: China Brew & China Beverage 2022 (Shanghai New International Expo Centre, China)
13 - 15: Warsaw Beer Festival 2022 (Warsaw, Poland)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 07: 3rd VLB International Brewing Web Conference (VLB Virtual Campus)
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
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Brewery News
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Vietnam: Beer market regaining its fizz in wake of COVID
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Vietnam's beer market, one of the largest in Southeast Asia, is regaining its fizz as people head back to restaurants, bars and nightclubs after
...More info on site
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The Netherlands & Taiwan: Heineken reaches agreement to buy Sanyo Whisbih Group's subsidiary brewery
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Dutch brewing company Heineken NV said on June 26 that it has reached an agreement to acquire a subsidiary brewery of Taiwan’s Sanyo Whisbih Group, the Taipei Times reported.
Heineken is to assume majority ownership and management rights of the Long Chuan Zuan Co Brewery in Pingtung County’s Neipu Township, the Dutch company said.
It would become the first multinational brewing company to operate brewery in Taiwan once the acquisition is completed.
The deal has been approved by the Ministry of Economic Affairs’ Investment Commission, but details of the financial transaction cannot be disclosed at this time, as terms of the settlement have not been completed, Heineken said.
Heineken beer was introduced to the Taiwanese market in 1987 and the company’s first Taiwan office was established in 2002.
Headquartered in Taipei, Heineken Taiwan has six offices across the nation, with an annual revenue of NT$6 billion (US$202.62 million), the Dutch company said.
Heineken Taiwan distributes Heineken, Tiger, Strongbow and Edelweiss beer brands.
Taiwan is Heineken’s second-largest export market in the world, after the US, the company said.
As of 2019, Heineken had about 165 breweries in more than 70 countries, company data showed.
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Malaysia: Beer prices hike may impact demand in Q3 this year
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Higher selling prices of beer come July 1 may impact demand in the third quarter of the year but Malaysia breweries’ dividends are expected to remain unscathed as long as they stay profitable, The Edge Markets reported on June 29.
It has been reported that Carlsberg Brewery Malaysia Bhd will be raising the prices of its products on July 1 because of increasing input costs. It is understood that the brewery will be raising prices of most of its brands including Carlsberg, Smooth Draught, Special Brew, Skol Beer, Danish Royal Stout, Asahi, Kronenbourg 1664 Blanc, Somersby, Connor’s Stout Porter and Nutrimalt. Price revisions for Corona Extra and Jolly Shandy are not expected.
Carlsberg did not respond to a request from The Edge to confirm the price increases.
“Carlsberg has just issued us a formal notification of its price increase. Earlier, we were informally told to be prepared for the price increase in its goods. We have not heard from Heineken Malaysia Bhd if it will raise prices too,” Malaysia Singapore Coffee Shop Proprietors’ General Association secretary Datuk Tan Chnan Yeang tells The Edge.
According to analysts, Carlsberg has confirmed that it will raise the prices of its goods on July 1, but this
...More info on site
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Mexico: Heineken to build a can manufacturing plant in northern Mexico
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Heineken will build a 1.8 billion peso, or $90 million, can manufacturing plant in the northern Mexican state of Chihuahua near its brewery in the town of Mequoi, the company said on June 27, Reuters reported.
The plant, Heineken's seventh in the country, will bring around 120 direct jobs after opening and around 150 during the construction phase, it said in a press release.
The beermaker said it had seen increased demand for cans in the country, as other national alcoholic drink producers like Becle, Jose Cuervo's parent company, say they are struggling to obtain glass to bottle their spirits.
Around 40% of beer in Mexico is currently made in cans, while the rest is made in glass bottles, according to the National Chamber of Beer and Malted Drinks.
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Asia: More drinkers in Southeast Asia turning to less-potent beverages and even alcohol-free drinks
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From Thailand to the Philippines, more drinkers across Southeast Asia are turning to less-potent beverages and even alcohol-free versions of their favorite drinks so that they can avoid the throbbing headaches and other unpleasantness that follows an evening of overindulgence, the Nikkei Asia reported on June 28.
Suntory Holdings began producing its Horoyoi canned cocktail in Thailand on June 28 through local unit Thai Spirit Industry. The drink, which is also popular in Japan, contains 3% alcohol.
Suntory previously imported the beverage from Japan. It plans initially to produce 10,000 cases in Thailand, in grape and peach flavors.
"People have different tastes depending on the local climate and food, so thorough localization is key," said Makoto Kitaura, a marketing manager at Suntory Spirits.
Suntory also produces canned cocktails in Australia. The Japanese company hopes to speed development of new beverages and flavors by producing them where they are sold, so it can better navigate the ready-to-drink industry's notoriously short product cycles.
Thailand's ready-to-drink alcohol market, now dominated by wine coolers, will grow more than 20% between 2021 and 2026 to 8.53 million cases, the U.K.-based IWSR predicts.
In Vietnam, Sapporo Breweries began selling a lower-alcohol version of its Premium Beer last month. Sapporo Premium Beer 100
...More info on site
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The Czech Republic: Budejovicky Budvar’s net profit up by some 10% last year
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Budvar, the Czech brewer that has been in a long legal dispute with U.S. beer giant Anheuser-Busch over use of the Budweiser brand, increased its net profit by some 10% for the second straight year as it saw record output and exports despite the coronavirus pandemic, AP News reported on June 29.
Budejovicky Budvar NP, a 126-year-old state-owned brewery, said its net profit reached 337 million Czech crowns ($14.4 million) in 2021, up from 305 million the previous year. Its net profit was up nearly 10% in 2020.
Its exports were up a record 11% in 2021, reaching 1.3 million hectoliters (34.3 million gallons). Budvar sells its beer in more than 70 countries, with Germany among its major markets.
Budvar also registered record output for the second straight pandemic year, rising 4.6% to 1.8 million hectoliters (47.8 million gallons).
The pandemic affected the beer markets, with demand for beer in tanks and barrels declining as bars and restaurants closed for some time but demand for bottled beer rising.
The brewer has expanded in recent years to produce more than 2 million hectoliters (52.8 million gallons) of beer annually. That investment helped it react to changes in the markets during the pandemic.
A recent suggestion by the
...More info on site
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Cameroon: Brasseries Samuel Foyou launches its first beer in Cameroon
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Brasseries Samuel Foyou (Brasaf) announced the launch of its first beer in Cameroon. The drink will contain 75% malt and 25% corn, the Business in Cameroon reported on June 29.
“In a competitive brewing sector, this alcoholic beverage, which stands out from the others with its quality and packaging, will be officially presented to the public on June 30 in [...] Douala," the company said in a statement. Brasaf says it wants to be a game-changer. The new beer will be marketed in PET bottles (plastic) of 0.65cl and 0.33cl with an alcohol content of 5.1%. The brewing company promises attractive prices to the population. In addition to beer, Brasaf plans to launch “Krystal Drink”, a range of soft drinks presented as low in sugar and gas.
As a reminder, the creation and operation of Brasaf was announced 8 years ago. The owner, Samuel Foyou, who already owns a distillery (Fermencam), filed deeds of creation on July 10, 2014, with a notary in Douala. At the time, the company was created with a share capital of CFA100 million. Eight years later, the brewing company became the fourth of its kind alongside SABC Group (Castel), Guinness Cameroon (Diageo), and the Cameroonian Union of
...More info on site
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Barley News
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World: Barley production forecast keeps shrinking due to weather issues
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Global barley production forecast continues to shrink as weather events reduce the crop 2022 potential, RMI Analytics said in their latest report last week.
The
...More info on site
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Canada: Canada barley production forecast remains at 9.3 mln tonnes
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Beneficial rains have fallen across the regions of Alberta and western Saskatchewan in Canada, where moisture was much needed. The Calgary area, previously reported
...More info on site
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Whisky News
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Russia: Diageo to wind down its business operations in Russia
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Diageo, the world's largest spirits maker, will wind down its business operations in Russia over the next six months, it said on June 28,
...More info on site
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