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E-Malt.com Flash 29b
July 20 - July 23, 2023
Quote of the Week
Give my people plenty of beer, good beer and cheap beer, and you will have no revolution among them.
Queen Victoria
Currency Rates
Base Currency: Euro
on July 21, 2023 |
Base Currency: US Dollar
on July 21, 2023 |
| |
1 EUR = 1.1136 USD
1 EUR = 0.8667 GBP
1 EUR = 1.4704 CAD
1 EUR = 1.6427 AUD
1 EUR = 156.2180 JPY
1 EUR = 5.3572 BRL
1 EUR = 101.4850 RUB
1 EUR = 8.0247 CNY
|
|
1 USD = 0.8945 EUR
1 USD = 0.7753 GBP
1 USD = 1.3155 CAD
1 USD = 1.4694 AUD
1 USD = 139.7450 JPY
1 USD = 4.7926 BRL
1 USD = 90.7885 RUB
1 USD = 7.1790 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 21, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
296.00-298.00 |  |
| 6RW Malting Barley (FOB Creil) |
242.00-244.00 | |
Feed Barley (FOB Creil) |
221.00-223.00 | |
| 2RS Malt (FOB Antwerp) |
643.00-645.00 | |
| 6RW Malt (FOB Antwerp) |
679.00-681.00 | |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
286.00-288.00 |  0.69% |
| 6RW Malting Barley (FOB Creil) |
247.00-249.00 |  2.06% |
| 2RS Malt (FOB Antwerp) |
640.50-642.50 | 0.38% |
| 6RW Malt (FOB Antwerp) |
593.00-595.00 | 1.05% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
281.50-283.50 | 2.32% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
France: Government considering initiative to increase taxes on alcohol
...Click here
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South Korea: Oriental Brewery and Hitejinro engaged in a price war amid summer heat wave
...Click here
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Canada: Dry weather cutting into barley production prospects
...Click here
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World: Wheat prices rise sharply as Russia pulls out of the grain deal
...Click here
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India: United Spirits reports more than 22% jump in Q1 profit
...Click here
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Bulgaria: Bulgarian brewers’ first-half investments amount to EUR18 mln
...Click here
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Russia: Russia hands Danone, Carlsberg assets to nephew of Putin-linked Chechen leader
...Click here
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Denmark & Italy: Royal Unibrew Group acquires Birra Castelo’s production facility in San Giorgio di Nogaro
...Click here
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Graph of the week
Table of the week
EU Barley Crop 2018 - 2023f
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
20 July
1837 - Opening of London's first major railway station - at Euston
1868 - 1st use of tax stamps on cigarettes
1903 - The Ford Motor Company ships its first car
1992 - Charles Schwab opens its "mutual fund supermarket," allowing investors to choose from hundreds of different funds without paying transaction fees, as it introduces its OneSource program
21 July
1955 - Ian Donald made his first investigation of the use of ultrasound in medical diagnosis
1969 - Astronaut Neil A. Armstrong was the first man to walk on the Moon
2011 - NASA's Space Shuttle program
22 July
1872 - Mahlon Loomis patents wireless radio
1961 - 1st in-flight movie shown, TWA
23 July
1829 - William Burt patented a forerunner of the typewriter
1886 - Gottlieb Daimler (1834-1900) invented the car
Agenda
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)
19 - 21: Warsaw Beer Festival 2023 (Warsaw, Poland)
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)
March 2024:
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)
April 2024:
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)
May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
23 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
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Brewery News
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USA: AB InBev gets bull rating from Morgan Stanley
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'While the U.S. is obviously a huge market,' AB InBev 'is a truly global, and thus geographically diversified, brewer,' Morgan Stanley analysts said on
...More info on site
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South Korea: Oriental Brewery and Hitejinro engaged in a price war amid summer heat wave
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South Korea’s Oriental Brewery (OB) and Hitejinro are engaged in a price war amid the summer heat wave, The Korea Times reported on July 19.
OB started the competition last month by offering discounts over 40 percent to buyers of cases of 24 350-milliliter beer cans ― selling them for 19,900 won ($15.63) in large grocery stores. The sales event began on June 15, and sold out all stocks in just nine days. It resumed the offer again on July 5.
"We have been running promotional events every year to satisfy consumers' various demands. Sometimes we bundle six beer cans and sometimes we bundle eight," an OB official said. "This year, our marketing team has decided to make it 24, which is an unprecedentedly large number."
After seeing OB's marketing event go off successfully, Hitejinro also started a discount promotion for its Terra beer products ― also 24 cans with 350-milliliter volume ― starting on June 26. Terra was sold for 19,800 won, 100 won cheaper than OB's discounted price.
"We started the event to meet with intensifying promotional competition for beer products in summer. Price competitiveness is very important for the domestic beer market in winning the overall market share. Even a 100
...More info on site
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France: Government considering initiative to increase taxes on alcohol
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France's minister of economy, Bruno Le Maire, told Le Figaro on July 18 in an interview that the French government is considering an initiative
...More info on site
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Bulgaria: Bulgarian brewers’ first-half investments amount to EUR18 mln
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Bulgarian brewers invested 35 million levs ($20.1 million/17.9 million euro) in the sector in the first half of this year, the Union of Brewers
...More info on site
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Russia: Russia hands Danone, Carlsberg assets to nephew of Putin-linked Chechen leader
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Russia named the nephew of Chechen leader Ramzan Kadyrov and an ally of President Vladimir Putin to head the seized local assets of France’s Danone SA and Denmark’s Carlsberg A/S, Al Arabiya reported on July 19.
Yakub Zakriev, 32, who’s Chechnya’s agriculture minister, is now listed as general director of Danone Russia, according to the official Spark-Interfax disclosure service. He’s a nephew of Kadyrov, the Chechen ruler who’s a protege of Putin and has been repeatedly accused of human rights violations in the southern Russian republic.
The Federal Property Management Agency also appointed Taimuraz Bolloyev to lead Carlsberg’s Baltika Brewing Co., according to a spokesman for the Russian company. Russia’s RBC and Vedomosti newspapers reported the appointments earlier.
The change to the management of Baltika Breweries has “been made without the knowledge or approval by Carlsberg Group,” the company said in an emailed statement on Wednesday. “It is unclear to Carlsberg Group what implications this development will have on the ongoing operations of Baltika Breweries in Russia as well as the current sales process.”
The yogurt maker and the brewer had both been trying to leave Russia. Russia on Sunday seized control of the local subsidiaries of Danone and Carlsberg under a decree Putin
...More info on site
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Denmark & Italy: Royal Unibrew Group acquires Birra Castelo’s production facility in San Giorgio di Nogaro
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The Royal Unibrew Group, a multi-beverage company, announced on July 21 the signing of the agreement for the acquisition of the San Giorgio di Nogaro plant in the province of Udine, from Birra Castello. This strategic operation "contributes to the growth of Royal Unibrew in Italy, allows the company to further expand its activities in international markets and to increase the production capacity of the Group," EFA News reported citing a company press release.
The acquisition of the facility, with an estimated potential production capacity of up to 1 million hectolitres of beer per year, "will significantly enhance Royal Unibrew's production and packaging capacity for cans and glass bottles in Italy,” the company said.
“Equipped with two filling lines, this facility will allow the group to strengthen its presence in Italy, enabling the company to meet the growing demand for its products both locally and internationally.”
The investment in an additional production plant in Italy comes on top of Royal Unibrew's earlier acquisition of Terme di Crodo in 2018. The Terme di Crodo plant, acquired by Campari Group, produces Royal Unibrew's local soft drinks: Lemonsoda, Oransoda and Lemonsoda Energy Activator.
“We are pleased to announce the acquisition of a production plant from
...More info on site
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Barley News
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Canada: Dry weather cutting into barley production prospects
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Dry weather across the Canadian Prairies may be cutting into barley production prospects, keeping domestic feed prices underpinned for the time being despite the
...More info on site
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World: Wheat prices rise sharply as Russia pulls out of the grain deal
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Wheat prices have risen sharply on global markets after Russia said it would treat ships heading for Ukrainian ports as potential military targets, BBC
...More info on site
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Whisky News
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India: United Spirits reports more than 22% jump in Q1 profit
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India's United Spirits, which sells the Smirnoff brand of vodka and the Black Dog brand of whisky, reported a more-than-22% jump in Q1 profit
...More info on site
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