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E-Malt.com Flash 11a
March 13 - March 15, 2023
Quote of the Week
A goal is a dream with a deadline.
Napoleon Hill
Currency Rates
Base Currency: Euro
on March 15, 2023 |
Base Currency: US Dollar
on March 15, 2023 |
| |
1 EUR = 1.0717 USD
1 EUR = 0.8812 GBP
1 EUR = 1.4687 CAD
1 EUR = 1.6078 AUD
1 EUR = 143.6550 JPY
1 EUR = 5.6213 BRL
1 EUR = 80.8351 RUB
1 EUR = 7.3614 CNY
|
|
1 USD = 0.9330 EUR
1 USD = 0.8222 GBP
1 USD = 1.3704 CAD
1 USD = 1.5001 AUD
1 USD = 134.0360 JPY
1 USD = 5.2453 BRL
1 USD = 75.4284 RUB
1 USD = 6.8690 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 15, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
291.00-293.00 |  0.68% |
| 6RW Malting Barley (FOB Creil) |
269.00-271.00 | 0.37% |
| Feed Barley (FOB Creil) |
254.00-256.00 | 0.78% |
| 2RS Malt (FOB Antwerp) |
609.50-611.50 | 0.40% |
| 6RW Malt (FOB Antwerp) |
582.50-584.50 | 0.21% |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
304.00-306.00 | 0.97% |
| 6RW Malting Barley (FOB Creil) |
283.00-285.00 | 0.70% |
| 2RS Malt (FOB Antwerp) |
623.00-625.00 | 0.59% |
| 6RW Malt (FOB Antwerp) |
659.00-661.00 | 0.56% |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Asia Pacific: Nominal malt demand low despite region leading in beer production globally
...Click here
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Russia: Turkish brewer Anadolu Efes reaches agreement to purchase Calrsberg’s Russian breweries - sources
...Click here
|
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Ukraine: Beer and malt output decline in January-February
...Click here
|
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The Philippines: San Miguel Brewery’s net income up 6.4% in 2022
...Click here
|
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Nigeria: Guinness Nigeria reports unaudited results for six months through 31 December
...Click here
|
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Germany: Beer industry needs regular price increases to survive - Bitburger Brewery Group
...Click here
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World: Bearish trend weighing on global barley prices
...Click here
|
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EU & UK: Barley prices see some movement due to increasing concern about dryness in France
...Click here
|
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Canada: Barley market structurally unchanged from last month
...Click here
|
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Australia: Malting barley exports up 154% in January
...Click here
|
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Nigeria: Nigerian Breweries announce worst February sales in 15 years
...Click here
|
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Kenya: Heineken set to introduce new liquor and beer brands in Kenya
...Click here
|
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Sri Lanka: Beer stocks piling up in warehouses due to decrease in demand
...Click here
|
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UK: Alcohol-free Carlsberg 0.0 launching this week in select Tesco stores
...Click here
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Graph of the week
Table of the week
The Number of Breweries in Europe 2017 - 2021
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
13 March
1974 - Charles de Gaulle Airport opens near Paris France
1979 - European Monetary System is established, ECU created
1986 - Microsoft Corp. goes public at an initial offering price of $21 a share, raising $61 million just one day after Oracle Corp.'s own IPO. Microsoft closes the day at $28.
2008 - Gold prices on the New York Mercantile Exchange hit $1,000 per ounce for the first time
14 March
1634 - Academie Francaise opens
1821 - On one of the quietest days in Wall Street history, the market is open, but not a single share of stock changes hands
1950 - General Motors reports net earnings of $656,434,232 (record)
15 March
1817 - The New York Stock Exchange officially prohibits the "fictitious sales," or wash sales, that had enabled speculators to manipulate individual stocks without even owning them
1827 - University of Toronto is chartered
1892 - 1st escalator patented by inventor Jesse W. Reno (New York City)
1906 - Rolls-Royce Limited is incorporated
1933 - Polythene discovered by Reginald Gibson and Eric William Fawcett
1935 - Percy Shaw founded his company Reflecting Roadstuds Limited to make cat's eyes
1985 - The first Internet domain name is registered
Agenda
March 2023:
15 - 16: BeerX 2023 (Liverpool, UK)
20 - 24: IBD Asia Pacific Convention 2023 (Adelaide, Australia)
23 - 25: Warsaw Beer Festival 2023 (Warsaw, Poland)
24 - 26: St Malo Craft Beer Expo 2023 (St Malo, France)
April 2023:
02 - 06: 15th International Trends in Brewing 'Beer & Society' 2023 (Leuven, Belgium)
06 - 08: KIBEX 2023 (Seoul, South Korea)
22 - 23: Zythos Beer Festival 2023 (Kortrijk, Belgium)
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
10 - 10: World Beer Cup 2023 (Nashville, TN, USA)
12 - 14: Cerveza Mexico Expo 2023 (Guadalajara, Mexico)
12 - 13: Copenhagen Beer Festival 2023 (Copenhagen, Denmark)
18 - 21: Mondial de la Biere 2023 (Montreal, Canada)
21 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
24 - 25: 34d International VLB Craft Brewing Conference (Online)
25 - 27: InnBrew 2023 (Barcelona, Spain)
26 - 28: Barcelona Beer Festival 2023 (Barcelona, Spain)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
30 - 01 June: Craft Beer China 2023 (Shanghai, China)
June 2023:
01 - 04: Wiener Bierfest 2023 (Vienna, Austria)
05 - 06: Tallinn Craft Beer Weekend 2023 (Tallinn, Estonia)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
13 - 14: IGC Grains Conference 2023 (London, UK)
August 2023:
10 - 12: VIETFOOD & BEVERAGE - VIETNAM 2023 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
18 - 19: Beervana 2023 (Wellington, New Zealand)
September 2023:
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
18 - 20: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)
November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)
December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)
February 2024:
23 - 25: Finest Spirits 2024 (Munich, Germany)
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Malt News
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Asia Pacific: Nominal malt demand low despite region leading in beer production globally
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In terms of global beer production, the Asia Pacific holds a clear position as the leading market, but the nominal malt demand from the
...More info on site
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Brewery News
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Russia: Turkish brewer Anadolu Efes reaches agreement to purchase Calrsberg’s Russian breweries - sources
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Turkish brewer Anadolu Efes has reached an agreement with Denmark's Carlsberg to purchase its eight Russian breweries, Vedomosti daily reported on March 15, citing
...More info on site
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Nigeria: Guinness Nigeria reports unaudited results for six months through 31 December
|
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Guinness Nigeria Plc, a leading beverage and alcohol company in Nigeria and a subsidiary of Diageo Plc, announced on March 12 its unaudited results
...More info on site
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Germany: Beer industry needs regular price increases to survive - Bitburger Brewery Group
|
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Beer drinkers will have to expect more frequent price increases in the future than in the past, according to the Bitburger Brewery Group, Yumda
...More info on site
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Ukraine: Beer and malt output decline in January-February
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Ukraine’s beer output dropped by 8.9% to 1.62 mln hl in January-February this year, Interfax Ukraine reported on March 11 citing data by Ukrpivo.
The
...More info on site
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The Philippines: San Miguel Brewery’s net income up 6.4% in 2022
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San Miguel Brewery Inc. on March 10 reported a consolidated net income of P21.80 billion in 2022, up by 6.4 percent from 2021, The
...More info on site
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Nigeria: Nigerian Breweries announce worst February sales in 15 years
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Nigerian Breweries (NB) has announced its worst February sales in 15 years due to a drop in beer consumption in Nigeria, Legit.ng reported on March 12.
The drop in consumption occurs as the Central Bank of Nigeria drained about 2.1 trillion old naira notes off circulation.
NB products include 33 Export lager beer, Williams dark ale, Turbo Kings dark ale, More lager beer, malt drinks, Maltina Pineapple, Maltina Vanilla, Amstel Malta Ultra, Star Radler Red Fruits, and Desperados.
Speaking on the low sales, Hans Essaadi the Chief Executive Officer of Nigerian Breweries explained that Nigerians have spent hours — often in vain — waiting in ATM queues to withdraw banknotes.
He added: "Nigerian Breweries Plc like many other businesses, depends on cash for about 80% of its retail sales."
"Sales have been hit this quarter, not because people don’t have the appetite to consume, but because there’s no money. For the average man on the street, it’s a disaster.”
To ease the impact on sales, BusinessDay reports that Nigerian Breweries plans to help some of its registered outlets to procure so-called point of sale devices to encourage electronic payments by customers.
Essaadi said: "We believe that with the demographics of this
...More info on site
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Kenya: Heineken set to introduce new liquor and beer brands in Kenya
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Dutch brewer Heineken is set to introduce new liquor and beer brands in Kenya from the Southern Africa market after tying up its acquisition of South Africa-based Distell Group and Namibia Breweries Limited (NBL), the Business Daily reported on March 13.
Completion of the deal opens the door for the new Heineken subsidiary to market in the Kenyan and wider East African region beer brands from the NBL stable, which includes Windhoek, Tafel and King lagers, Camelthorn, Hansa Draught beer, and Strongbow Cider.
Distell is also likely to expand the local offerings of its product portfolio which comprises spirits, wines, cider, whisky, and gin. Heineken is a specialist in premium beer and cider brands.
The tie-up that has now received the final approval from South Africa’s competition authority will see the formation of a new entity called Sunside Acquisitions Limited (Newco) that will be jointly owned by Heineken (65 percent) and Distell (35 percent).
As part of the transactions, Distell will bring its interests in its subsidiaries including Kenya Wine Agencies Limited (Kwal) to Sunside, while Heineken’s distribution businesses in Tanzania, Uganda, Kenya, and South Sudan will also be transferred to the subsidiary.
Heineken said last week that the new subsidiary will be focused on
...More info on site
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Sri Lanka: Beer stocks piling up in warehouses due to decrease in demand
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Sri Lanka’s Excise Department said that beer products produced by some liquor companies are piling up in warehouses without being able to be sold due to the decrease in alcohol sales by about 30%, the Sri Lanka Mirror reported on March 12.
As a result, some companies involved in liquor production have been closed for two or three weeks.
Meanwhile, Excise Commissioner General Saman Jayasinghe has told the media that the Excise Department is focusing on increasing the export of locally produced liquor products as local sales have fallen.
The Commissioner also said that the annual export income of Rs.22 billion is expected to be increased to Rs.30-35 billion.
It was said that although the price of ethanol has increased rapidly in the past, the price of ethanol has come down now and that there is a surplus of ethanol in Sri Lanka.
However, the Excise Department said that due to the current economic crisis, there is less motivation to buy alcohol in a background where the prices of all goods in Sri Lanka have increased.
Therefore, the Excise Department has planned several strategies to achieve this year’s revenue target of Rs.214 billion.
Also, they pointed out that there are about 350 vacancies at the department and
...More info on site
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UK: Alcohol-free Carlsberg 0.0 launching this week in select Tesco stores
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Carlsberg Marston’s Brewing Company (CMBC) is launching alcohol-free Carlsberg 0.0, betterRetailing reported.
Available in a 4x330ml bottle format, Carlsberg 0.0 is launching this week in more than 300 Tesco stores, ahead of a wider rollout planned for later this year.
The supplier said it has “ambitious plans” for the beer’s wider distribution
It contains 63 calories per bottle and tested well among current UK alcohol-free buyers. According to the supplier, 64% expressed intent to purchase the new variety.
The launch comes as alcohol-free lagers have grown 6% in off-trade value sales in the last 12 weeks, compared to the same period last year, according to Nielsen figures.
Sam Johnson, head of marketing – Carlsberg, Core Lager & Cider at CMBC, said: “Carlsberg 0.0 is everything you’d expect from a well-balanced Pilsner, just crafted to contain zero alcohol. The alcohol-free category has seen great growth in the UK in recent years, as consumers seek to moderate their alcohol consumption across a wider range of occasions. The launch gives consumers a new choice for 2023 that is uncompromising on quality, taste and enjoyment.”
The supplier will support the launch with a nationwide outdoor and social media advertising campaign.
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Barley News
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World: Bearish trend weighing on global barley prices
|
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A widespread bearish trend is permeating global grain prices and as a result is weighing on barley prices, RMI Analytics said in their latest
...More info on site
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EU & UK: Barley prices see some movement due to increasing concern about dryness in France
|
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European barley prices have undergone some significant movement over the past two weeks, as increasing market concern about dryness in France left the market
...More info on site
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Canada: Barley market structurally unchanged from last month
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Structurally, the Canadian barley market is unchanged from last month with strong domestic feed values making export barley (malting and feed) hard to compete
...More info on site
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Australia: Malting barley exports up 154% in January
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Australia exported 417,215 tonnes of feed barley, 55,720t of malting barley and 50,115t of sorghum in January, according to the latest export data from
...More info on site
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