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E-Malt.com Flash 20b May 18 - May 21, 2023
Quote of the Week
For a quart of ale is a dish for a king.
William Shakespeare

Currency Rates
Base Currency: Euro on May 19, 2023 |
Base Currency: US Dollar on May 19, 2023 |
|
1 EUR = 1.0802 USD
1 EUR = 0.8684 GBP
1 EUR = 1.4563 CAD
1 EUR = 1.6286 AUD
1 EUR = 149.1400 JPY
1 EUR = 5.3481 BRL
1 EUR = 86.5150 RUB
1 EUR = 7.5873 CNY
|
|
1 USD = 0.9257 EUR
1 USD = 0.8039 GBP
1 USD = 1.3483 CAD
1 USD = 1.5076 AUD
1 USD = 138.0660 JPY
1 USD = 4.9513 BRL
1 USD = 80.0957 RUB
1 USD = 7.0243 CNY
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Currency Rates Chart

Equities of the Largest Breweries
Average Market Prices Change Trend
May 19, 2023 |
French Barley/Malt Crop 2022 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
249.00-251.00 |  |
6RW Malting Barley (FOB Creil) |
214.00-216.00 |  |
Feed Barley (FOB Creil) |
202.00-204.00 |  |
2RS Malt (FOB Antwerp) |
589.00-591.00 |  |
6RW Malt (FOB Antwerp) |
546.00-548.00 |  |
French Barley/Malt Crop 2023 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
262.00-264.00 |  |
6RW Malting Barley (FOB Creil) |
242.00-244.00 |  |
2RS Malt (FOB Antwerp) |
601.00-603.00 |  |
6RW Malt (FOB Antwerp) |
637.00-639.00 |  |
German Malting Barley Crop 2022 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
262.50-264.50 | 0.69% |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Portugal: Beer output, consumption increase in 2022
...Click here
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USA, NC: AB InBev sells Appalachian Mountain Brewery to its original owners
...Click here
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India: United Spirits Ltd reports 7.3% rise in fourth-quarter profit
...Click here
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Turkey: Beer makers’ shares slump as election results don’t bring awaited changes
...Click here
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UK: Carlsberg sells London Fields Brewery to pub company Grace Land Group
...Click here
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India: Andhra Pradesh hit with beer shortage amid peaking summer
...Click here
|
Cambodia: Government bans sale, consumption of alcohol during National Election
...Click here
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Graph of the week
Table of the week
Canada Malt Exports and Imports 2012 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
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)
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
Agenda
May 2023:
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)
26 - 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)
12 - 13: IGC Grains Conference 2023 (London, UK)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
August 2023:
01 - 05: Great British Beer Festival 2023 (London, UK)
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:
04 - 06: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
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:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)
Brewery News
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Portugal: Beer output, consumption increase in 2022
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Last year, Portugal’s per capita beer consumption reached 58 litres, 20% more than in 2021 (48 litres on average), Renascenca reported citing data by
...More info on site
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USA, NC: AB InBev sells Appalachian Mountain Brewery to its original owners
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Appalachian Mountain Brewery’s original crew is back in control, vinepair.com reported on May 19.
Founders Nathan Kelischek and Chris Zieber have purchased the North Carolina brand back from Anheuser-Busch, according to a press release. Anheuser-Busch acquired the growing craft brewery in 2020, partnering with the founding pair to launch national partnerships and expand distribution.
Financial details of the recent deal were not disclosed.
The craft brewer partnered with the Craft Brew Alliance (CBA) in 2014 to “increase production and expand distribution across the Carolinas.” CBA acquired the brand in 2018, and AMB became part of Anhesuer-Busch’s portfolio when CBA expanded its AB partnership in 2021.
“We’re grateful to have spent the last two years as active founders within A-B’s craft portfolio and want to thank the people at A-B, including our fellow craft brewery founders, for the support, collaboration, and friendship that we’ve enjoyed during our time together,” Kelischeck and Zieber said in the release.
The AMB founders are shifting their strategy to focus on the brand’s new taproom in North Carolina, as well as growing its local brewery team. The brand remains headquartered at its original brewery in Boone, N.C., and distribution will continue throughout North and South Carolina.
It’s surprising to see a small
...More info on site
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Turkey: Beer makers’ shares slump as election results don’t bring awaited changes
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For a few days last week, the idea that a change in government may lead to a loosening of restrictions on alcohol sales gave a big lift to shares of Turkey’s top beer maker. Sunday, May 14th’s election result changed all that, Bloomberg reported on May 16.
In the two days since President Recep Tayyip Erdogan garnered a comfortable lead after the first round of polling, Anadolu Efes Biracilik ve Malt Sanayii AS has given back all of the previous week’s 22% gain. It’s been a similar story for another listed beermaker, Turk Tuborg Bira ve Malt Sanayii.
According to Burak Isyar, head of research ICBC Securities in Istanbul, some traders had been betting on relaxed rules on alcohol sales in the event that opposition candidate Kemal Kilicdaroglu won the election. The “psychological optimism seems to be melting away as the expectations change,” he said.
Under Erdogan’s watch, some municipalities cracked down on venues with outdoor seating areas that spilled into the streets, transforming once popular night spots. Among other measures, promotion of alcohol has been banned, retailers forbidden from displaying alcoholic products where they would be visible from outside, and taxes on alcohol consumption have increased.
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UK: Carlsberg sells London Fields Brewery to pub company Grace Land Group
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Carlsberg has sold London Fields Brewery to north London pub company Grace Land Group for an undisclosed sum, The Drinks Business reported on May 18.
Grace Land Group, which was founded in 2009, owns six north London pubs, including the Black Heart, Earl of Essex, Kings Arms, The Axe, and Red Hand, is set to relaunch the brewery as “Saint Monday” and will continue to brew beers at the production site.
Speaking to the drinks business about the deal, a spokesperson for Carlsberg Marstons Brewing Company (CMBC) said: “We are pleased to confirm the sale of London Fields Brewery to Grace Land Group. We wish Grace Land Group every success with their plans to relaunch the brewery as Saint Monday, which we look forward to seeing develop and continue the brewing legacy of this iconic site.”
London Fields Brewery, which was originally founded in 2011, was the first commercial brewery to open in Hackney since the 19th century and was originally put up for sale in March 2016, following the arrest of owner Julian De Vere Whiteway-Wilkinson on suspicion of fraud before being bought by Carlsberg in 2017.
Upon acquiring London Fields, Carlsberg set about running the business in a joint venture with New
...More info on site
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India: Andhra Pradesh hit with beer shortage amid peaking summer
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There is shortage of beer when summer is peaking, a time when youngsters prefer this alcoholic beverage to beat the heat, which has gone up in Andhra Pradesh during the last few days. This has also led to a drop in revenue to the state exchequer, the Deccan Chronicle reported on May 17.
The main reason being attributed to shortage of beer is lack of supply from United Breweries Group, which brews the Kingfisher brand. Beer production has been badly hit after workers at its brewery went on strike from April 1. Thus, this brand of beer is not available with AP State Beverages Corporation Limited, which supplies the beer through government’s retail liquor outlets.
AP monthly consumes 10–12 lakh cases of beer of all brands, with Kingfisher holding the major share. This means nearly 40,000 cases get consumed every day. However, at present, only 30,000 cases of beer are available.
A look at government records on beer sales shows that in April 2023, 10,59,391 cases of beer had been consumed, the sale value being 248.04 crore. In April 2022, nearly 13,03,716 cases of beer worth 280.17 crore had been consumed.
About 5,56,573 beer cases had been consumed from May 1 to May 16
...More info on site
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Cambodia: Government bans sale, consumption of alcohol during National Election
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Cambodia’s Ministry of Tourism has issued a statement instructing entertainment establishments such as karaoke clubs and bars to suspend their business for two days during the National Election, the Khmer Times reported on May 19.
These establishments were told to shut down on July 22, the day before the election, and July 23, the election day.
The statement from Ministry of Tourism on Tuesday said: “Owners or managers of karaoke businesses, entertainment clubs, bars, discos, and beer gardens in the capital and provinces must suspend business activities on July 22 and 23.”
“All tourism service owners or managers can provide catering services but must suspend alcohol sales,” the statement added.
Minister of Tourism Thong Khon said that to prevent problems that alcohol consumption can cause, it will be temporarily banned during the National Election.
He asked the directors of capital and provincial Departments of Tourism to instruct owners and managers of tourism businesses to follow the instruction.
“Owners and managers of the tourism businesses must abide by this directive,” he said.
Funcinpec spokesman Nhoeun Raden expressed support for the government’s temporary two-day ban on the sale and consumption of alcohol during the election.
“If alcohol is consumed then that can cause violence,” Raden said. “Please do not drink
...More info on site
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Whisky News
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India: United Spirits Ltd reports 7.3% rise in fourth-quarter profit
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India's United Spirits Ltd, which makes the Johnny Walker brand of whiskey, reported a 7.3% rise in fourth-quarter profit on May 16 helped by
...More info on site
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