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E-Malt.com NewsLetter

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Business history
RombBullet Agenda
RombBullet News articles




Last five Flashes



Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.



Last five tables

All e-malt.com tables are published in e-malt.com Statistics section. The Statistics section includes Barley statistics, Malt statistics and Beer statistics. The tables related to barley are published in Barley Statistics section, the tables related to malt in Malt Statistics section and the tables related to beer in Beer Statistics section.



Last five prices evolution




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E-Malt.com Flash 31a
July 31 - August 02, 2023


Quote of the Week

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Currency Rates


Base Currency: Euro
on August 02, 2023
Base Currency: US Dollar
on August 02, 2023
      1 EUR = 1.0981 USD
1 EUR = 0.8582 GBP
1 EUR = 1.4558 CAD
1 EUR = 1.6536 AUD
1 EUR = 156.9870 JPY
1 EUR = 5.2200 BRL
1 EUR = 100.9600 RUB
1 EUR = 7.8630 CNY
      1 USD = 0.9105 EUR
1 USD = 0.7815 GBP
1 USD = 1.3257 CAD
1 USD = 1.5057 AUD
1 USD = 142.9540 JPY
1 USD = 4.7537 BRL
1 USD = 91.9407 RUB
1 USD = 7.1606 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


August 02, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 301.00-303.00 up0.67%
6RW Malting Barley (FOB Creil) 232.00-234.00 down3.32%
Feed Barley (FOB Creil) 203.00-205.00 down6.42%
2RS Malt (FOB Antwerp) 649.00-651.00 up0.38%
6RW Malt (FOB Antwerp) 685.00-687.00 up0.36%
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 283.00-285.00 down0.35%
6RW Malting Barley (FOB Creil) 240.00-242.00 down0.82%
2RS Malt (FOB Antwerp) 637.00-639.00 down0.19%
6RW Malt (FOB Antwerp) 584.00-586.00 down0.42%
German Malting Barley
Crop 2023
Bulk
Ex Farm
EUR/T %
Average Malting Barley Price nq  
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.


Top Industry News


Brewery news World: Heineken cuts profit growth forecast as beer consumption drops ...Click here
Brewery news World: Molson Coors’ annual sales and profit forecast boosted by strong demand for its core brands ...Click here
Brewery news World: Diageo’s annual net profit up 15% as higher prices offset falling sales ...Click here
Brewery news Germany: Beer sales resume long-term downward trend in January-June this year ...Click here
Brewery news World: Heineken becomes world’s most profitable beer brand ...Click here
Brewery news Slovakia: Beer production slightly up in 2022 ...Click here

Barley news World: World barley crop forecast declines further to 138.7 mln tonnes ...Click here
Barley news EU & UK: Barley crop forecast reduced as analysts worry about now wet weather hindering harvest progress ...Click here
Barley news EU: Spring barley production forecast to decline this season ...Click here
Barley news EU: EU grain production outlook bearing impact of tough summer ...Click here
Barley news Australia & China: Deadline looms for China’s decision on Australia barley imports ...Click here
Barley news Russia: Russia’s wheat harvest forecast raised, barley reduced ...Click here


More Industry News


Brewery news World: Heineken CEO says brands must 'be balanced' and 'stand up for your values' ...Click here
Brewery news UK: Beer drinkers prioritising value for money through premium options – Heineken Beer Report ...Click here
Brewery news Nigeria: International Breweries posts N113.1 bln loss in over 5 years ...Click here
Brewery news Vietnam: Vietnam considering luxury tax on alcohol ...Click here
Brewery news Sri Lanka: Agriculture Minister orders suspension of use of rice in beer and animal feed production ...Click here

Graph of the week



Table of the week

The 40 Largest Breweries Worldwide 2019 - 2022


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


31 July
1790 - 1st US patent granted, to Samuel Hopkins for a potash process
1809 - 1st practical US railroad track (wooden, for horse-drawn cars), Philadelphia
1925 - Unemployment Insurance Act passed in England

01 August
1930 - Clarence Birdseye is awarded a U.S. patent for the invention of packaged frozen food
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1981 - Pres. Ronald Reagan signs into law the Economic Recovery Tax Act of 1981, the biggest tax cut in American history, which streamlines the Federal income tax brackets, lowers the top rate to 36%, and creates the universally-deductible Individual Retirement Account

02 August
1858 - 1st street mailboxes-Boston, Mass
1890 - The BOVESPA (Bolsa de Valores de Sao Paulo, or Sao Paulo Stock Exchange), Brazil's central securities market, is founded
1984 - Euro Court condemns phone-tapping
2000 - The New York Stock Exchange begins trading in decimals, ending the two-century-old practice of pricing stocks in increments of 1/8th of a dollar

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)
08 - 09: Stockholm Beer & Whisky Festival 2023 (Stockholm, Sweden)
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)
11 - 15: Mondial de la Biere Rio 2023 (Rio de Janeiro, Brazil)
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:
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
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)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsWorld: Heineken cuts profit growth forecast as beer consumption drops
Heineken, the world's second-largest brewer, cut its 2023 profit growth forecast on July 31 after an economic slowdown in Vietnam and price hikes squeezed ...More info on site


Brewery newsWorld: Molson Coors’ annual sales and profit forecast boosted by strong demand for its core brands
Molson Coors Beverage on August 1 raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and ...More info on site


Brewery newsWorld: Diageo’s annual net profit up 15% as higher prices offset falling sales
Alcoholic drinks giant Diageo, maker of Guinness stout, Smirnoff vodka and Johnnie Walker whisky, said on August 1 that its annual net profit increased ...More info on site


Brewery newsGermany: Beer sales resume long-term downward trend in January-June this year
Sales by German beer brewers and distributors resumed a long-term downward trend in the first six months of this year after picking up a ...More info on site


Brewery newsWorld: Heineken becomes world’s most profitable beer brand
Heineken has become the world’s most profitable beer brand, surpassing last year’s winner, Corona Extra.

Valued at $7.6-billion in the latest Brand Finance report, Heineken ...More info on site


Brewery newsSlovakia: Beer production slightly up in 2022
Beer production in Slovakia went up slightly last year, with breweries almost reaching outputs seen in the pre-pandemic year of 2019, Slovak Association of ...More info on site


Brewery newsWorld: Heineken CEO says brands must 'be balanced' and 'stand up for your values'
Heineken CEO Dolf van den Brink discussed on July 31 what he thinks brands should do in terms of marketing after Bud Light received ...More info on site


Brewery news UK: Beer drinkers prioritising value for money through premium options – Heineken Beer Report
Consumers are prioritising value for money through premium options and quality experiences despite financial challenges, according to the Heineken Beer Report 2023.

Beer drinkers are looking to treat themselves when going out, according to the brewer’s second annual report. Many consumers are doing so through trade-up options, with world lager growing value share to 27% during 2022 (up from 22.7% in 2021).

The report revealed 18 to 34-year-olds in particular to be driving this trend, being less likely to go without a premium beer than any other age group.

Heineken UK on-trade director Will Rice said: “In its second year, Heineken UK's Beer Report continues to unveil profit-driving trends and data for operators.

“In the midst of a cost-of-living crisis, more than ever we’re seeing a greater emphasis on ‘smart spending’ to maximise the return from disposable income.”

What’s more, beer drinkers are also opting for ‘accessible premiumisation’. This means they’re seeking beers that they perceive to be higher quality, but not necessarily trading all the way up to world lager.

Instead, they may move from classic beer brands to the premium or premium 4% category.

These ‘accessible premium’ brands often tap into trends and boast premium quality cues, such as taste credentials or authentic heritage, but ...More info on site


Brewery news Nigeria: International Breweries posts N113.1 bln loss in over 5 years
International Breweries Plc has failed to harness the vast opportunities in the brewery market and has serially declared loss in the last five years and six months, The Whistler NG reported on July 31.

The brewer has lost a cumulative of N113.1bn from 2018 to June 2023, analysis by The Whistler has revealed.

Based on its financial accounts for December 20217–June 2023, the last time the company declared profit was in December 2017 when they raked in N874.6 million from a revenue of N36.5bn.

IntBrew’s flagship products are Hero, Trophy, Budweiser, Beta Malt, and Grand.

The brewery company was founded in 1971 by Lawrence Omole with an installed capacity of 200,000 hectolitres per annum when it started production of Trophy Larger in seven years later.

Listed on the Nigerian Stock Exchange in 1995, the company expanded its capacity to 500,000 hectolitres annually.

IntBrew merged with SABMiller Plc in 2012 and entered an alliance with the Castel group. It further merged with Intafact Beverages Limited and Pabod Breweries Limited.

IntBrew was a profit-making venture prior to its downturn. In 2015 it made N1.94bn; 2014 N2.1bn. It made N2.32bn in 2013.

However, the company has seen a twist of fortune becoming a serial loser. In 2018, the company declared a ...More info on site


Brewery news Vietnam: Vietnam considering luxury tax on alcohol
In late June, Vietnam’s Ministry of Finance (MOF) submitted to the government a proposal on amending the luxury tax law, VietNamNet reported on July 30.

Several days later, a workshop on collecting opinions about the proposal was held, drawing public interest. While many enterprises and experts applaud the amendment, others have raised questions about the time of application and the new tax calculation method.

Nguyen Van Viet, chair of the Vietnam Beer Alcohol Beverage Association (VBA), said the beverage industry serves daily demand and attaches importance to cultural values, and develops alongside increased living standards, and tourism and trade development.

Viet said the sector is affected by transport from other countries, and businesses are witnessing a decline of up to 15-20 percent.

“In such conditions, we hope the state doesn’t think of raising tax rates at this time, and the tax increase should not be mentioned until after 2025 so that enterprises have time to recover production,” Viet said.

The representatives of some enterprises, while agreeing with the solution, asked to reconsider the time of application. They said the tax rate is already relatively high, and unfairness exists for beer products with different alcohol concentration levels.

The beer products with lower alcohol concentration levels ...More info on site


Brewery news Sri Lanka: Agriculture Minister orders suspension of use of rice in beer and animal feed production
Agriculture Minister Mahinda Amaraweera has instructed the Ministry Secretary to immediately suspend the use of rice for the production of animal feed and beer, Newsfirst reported on July 31.

The decision was taken to face the food shortage that may occur in the future due to the arid weather conditions experienced at present.

Agriculture Minister Mahinda Amaraweera further informed to submit a letter prepared in this regard to the Secretary of the Ministry of Trade and Consumer Affairs and the Presidential Food Safety Committee. Paddy farmers are currently facing a severe crisis due to the dry weather.

The Ministry of Agriculture says that if there is no significant rainfall in the coming days, there may be a shortage of rice, as the expected paddy harvest for the Yala Season cannot be reaped.



BarleyBarley News Barley


Barley newsWorld: World barley crop forecast declines further to 138.7 mln tonnes
The supply side of the world’s barley balance sheet continues to dominate the current supply chain news, as production declines further, RMI Analytics said ...More info on site


Barley newsEU & UK: Barley crop forecast reduced as analysts worry about now wet weather hindering harvest progress
After 8 weeks of heat and drought conditions, Europe’s weather has turned wet as harvest advances or will soon across many northern regions, RMI ...More info on site


Barley newsEU: Spring barley production forecast to decline this season
Spring barley production has been forecast to decline this season, according to the latest European MARS Bulletin, which monitors crops in Europe, the Irish ...More info on site


Barley newsEU: EU grain production outlook bearing impact of tough summer
The gloss has been wiped off 2023-24 European Union crop production over the past month after much drier than average growing conditions depleted soil-moisture ...More info on site


Barley newsAustralia & China: Deadline looms for China’s decision on Australia barley imports
The federal government expects Chinese tariffs on Australian barley exports to be lifted soon, but there is no word yet from Chinese authorities, ABC ...More info on site


Barley newsRussia: Russia’s wheat harvest forecast raised, barley reduced
Russia's Sovecon agriculture consultancy has raised its wheat harvest forecast for 2023 to 87.1 million metric tons from 86.8 million, it said on July ...More info on site


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