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E-Malt.com Flash 31b August 03 - August 06, 2023
Quote of the Week
Opportunities don't happen. You create them.
Chris Grosser
Currency Rates
Base Currency: Euro on August 04, 2023 |
Base Currency: US Dollar on August 04, 2023 |
|
1 EUR = 1.0937 USD
1 EUR = 0.8614 GBP
1 EUR = 1.4605 CAD
1 EUR = 1.6724 AUD
1 EUR = 156.3150 JPY
1 EUR = 5.3038 BRL
1 EUR = 102.9950 RUB
1 EUR = 7.8347 CNY
|
|
1 USD = 0.9142 EUR
1 USD = 0.7875 GBP
1 USD = 1.3354 CAD
1 USD = 1.5289 AUD
1 USD = 142.9110 JPY
1 USD = 4.8493 BRL
1 USD = 94.1696 RUB
1 USD = 7.1633 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
August 04, 2023 |
French Barley/Malt Crop 2023 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
301.00-303.00 | |
6RW Malting Barley (FOB Creil) |
232.00-234.00 | |
Feed Barley (FOB Creil) |
203.00-205.00 | |
2RS Malt (FOB Antwerp) |
649.00-651.00 | |
6RW Malt (FOB Antwerp) |
685.00-687.00 | |
French Barley/Malt Crop 2024 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
283.00-285.00 | |
6RW Malting Barley (FOB Creil) |
240.00-242.00 | |
2RS Malt (FOB Antwerp) |
637.00-639.00 | |
6RW Malt (FOB Antwerp) |
584.00-586.00 | |
German Malting Barley Crop 2023 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
296.00-298.00 | 2.11% |
No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
World: AB InBev’s second-quarter profit smashes expectations
...Click here
|
EU: EU beer production back to pre-pandemic levels, Eurostat says
...Click here
|
Asia: Budweiser Brewing Company APAC still expects beer market in China to continue epxanding
...Click here
|
Brazil: Ambev reports 15.2% decline in Q2 net profits
...Click here
|
The Philippines: San Miguel Brewery sees 26% increase in first-half consolidated net income
...Click here
|
Australia: Positive weather trend boosts barley crop forecast for 2023
...Click here
|
China & Australia: China to drop anti-dumping and anti-subsidy tariffs on Australian barley imports
...Click here
|
Argentina: Analysts increase barley crop forecast thanks to substantial rains over past months
...Click here
|
UK: Winter barley harvest nearly done with average yields
...Click here
|
Zimbabwe: Delta Corporation to invest US$50 mln in boosting production capacity
...Click here
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Graph of the week
Table of the week
The 40 Largest Breweries Worldwide 2019 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
03 August
1887 - Thomas Alva Edison receives a U.S. Patent for his new kinetoscope, the predecessor to the motion-picture camera
1977 - Tandy Corp. introduces one of the earliest affordable personal computers, the TRS-80 (soon to be affectionately nicknamed the "Trash 80"). It has 4 (yes, four) kilobytes of memory, a black-and-white monitor, and uses floppy disks that truly flop when you shake them. It retails for just $599
1984 - Total trading volume on the New York Stock Exchange exceeds 200 million for the first time, as 236,565,110 shares change hands
04 August
1693 - Dom Perignon invents champagne
1790 - Congress enacts Alexander Hamilton's plan to fund the public debt and giving birth to the American securities markets
1930 - Michael J. Cullen opens his first King Kullen store. He calls it a "supermarket," one of the nation's first - and it is a smash hit, as people drive from miles around for the new shopping experience
2007 - NASA's Phoenix spaceship is launched
05 August
1914 - 1st traffic light installed (Euclid Ave & E 105th St, Cleveland)
1926 - 1st talkie movie "Don Juan" at Warner Theatre, NY
1930 - Birth of Neil Armstrong , X-15 pilot, 1st Moonwalker (Gemini 8, Apollo 11)
1991 - Soichiro Hondo CEO & founder (Honda), dies of liver cancer at 84
06 August
1661 - Holland sells Brazil to Portugal for 8 million guilders
1945 - Hiroshima Peace Day-atom bomb dropped on Hiroshima by "Enola Gay"
1990 - UN Security Council votes 13-0 (2 abstentions Cuba & Yemen) to place economic sanctions against Iraq
Agenda
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:
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)
Brewery News
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World: AB InBev’s second-quarter profit smashes expectations
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Anheuser-Busch InBev, the world’s biggest brewer, on August 3 smashed profit expectations during a quarter that saw a social media-driven boycott of its bestselling
...More info on site
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EU: EU beer production back to pre-pandemic levels, Eurostat says
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European Union countries recovered their beer production levels to almost those preceding the pandemic years, producing nearly 34.3 billion litres of alcoholic beer in
...More info on site
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Asia: Budweiser Brewing Company APAC still expects beer market in China to continue epxanding
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Budweiser Brewing Company APAC, Asia’s biggest brewer by sales, still expects the Chinese market for beers to continue expanding in the second half of
...More info on site
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Brazil: Ambev reports 15.2% decline in Q2 net profits
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Brazilian brewer Ambev on August 3 reported a 15.2% decline in second-quarter net profit, narrowly missing market forecasts, but said it expects cost pressures
...More info on site
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The Philippines: San Miguel Brewery sees 26% increase in first-half consolidated net income
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San Miguel Brewery, Inc. (SMB) recorded a 26% increase in its consolidated net income in the first half to P13.5 billion on the back
...More info on site
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Zimbabwe: Delta Corporation to invest US$50 mln in boosting production capacity
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Zimbabwe Stock Exchange (ZSE) listed Delta Corporation plans to invest US$50 million over the next five years to boost its production capacity, The Herald reported on August 1.
Zimbabwe’s largest beer and sparkling beverages maker said it would spend between 30 and 35 percent of its operating profit on plant, equipment and ancillary services.
The company has since 2017, invested more than US$169 million in modernising its manufacturing and bottling plants, distribution fleet, cold drink equipment and ancillary systems.
About a month ago, the company commissioned three new production lines after investing US$71 million.
“All the businesses are performing very well. Capacity utilisation is on average above 80 percent and almost 100 percent in some businesses hence the need to invest US$70 million in new packaging plants commissioned by President Mnangagwa,” said Delta.
New plant investments are split into lager beers US$15 million, Chibuku Super US$20 million, soft drinks PET Line US$10 million, vehicle fleet US$5 million, containers US15 million and US$1 million in its associate company, Afdis.
The new lager plant runs four types of bottles; 375ml and 340ml bottles which produce 42 000 bottles per hour or 700 bottles per minute as well as 750ml and 660ml bottles which run at 25 000
...More info on site
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Nigeria: Nigerian Breweries announces price hikes
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Nigerian Breweries (NB) Plc, the makers of Star, Heineken, Maltina, and Goldberg, has said from August 10, 2023, prices of these drinks would go up, Business Post Nigeria reported.
The decision, conveyed in an internal memo dated August 1, 2023, and seen by Business Post, cited the need to review prices due to the continued rise in input costs and the necessity to mitigate its impact.
“This is to inform you that we will review the prices of some of our SKUs effective Thursday 10th August 2023,” the internal letter signed by Mr Ayo Lawal, the Sales Director, said.
“In appreciation of our great partnership and your commitment, we will deliver at current prices all open orders that are fully funded and created in our system before 00.00hr on Thursday, 10 August 2023.
“While thanking you for your commitment to our great partnership, be rest assured that we will continue to support your sales/distribution efforts as always.
“For further clarifications, please do not hesitate to contact your Regional Business Manager,” it added.
As one of Nigeria’s leading breweries, this move is likely to have a ripple effect throughout the country’s beverage market, prompting consumers to brace themselves for the reality of paying more for their favourite
...More info on site
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UK: Brewing sector hits back at Prime Minister
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Prime Minister Rishi Sunak’s appearance at The Great British Beer Festival (GBBF) has provoked an impassioned response from the beer sector, The Drinks Business reported on August 2.
Sunak, who attended the beer festival at London’s Olympia stadium, was there to promote the government’s changes to alcohol duty, the biggest change to the system in 140 years, which came into effect from 1 August 2023.
Despite the Prime Minister’s efforts, his presence fell flat for brewers and beer business owners since the photo opportunity also followed Sunak’s recent claims that Brexit had secured cheaper beer for Brits, after he told the nation back in the spring: “We reformed the alcohol duties that mean this summer you will be able to get cheaper beer in pubs. These are all very tangible benefits of Brexit that I’ve already delivered.” A self-congratulatory soundbite he has since been heavily criticised by the brewing sector for making, owing to it being too simplistic to give context to the real issues affecting the cost of beer.
Speaking to the drinks business, Lancashire-based Lune Brew Co sales and marketing director Justin Rivett, said: “I don’t think he understands the plight of anyone in the UK right now.”
Continuing, he said, “From
...More info on site
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Barley News
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Australia: Positive weather trend boosts barley crop forecast for 2023
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The threat of El Nino continues to be fought off by persistent rainfall in Australia and although there is still considerable time before the
...More info on site
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China & Australia: China to drop anti-dumping and anti-subsidy tariffs on Australian barley imports
|
China's Ministry of Commerce said on August 4 it would drop anti-dumping and anti-subsidy tariffs on Australian barley imports that had been in place
...More info on site
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Argentina: Analysts increase barley crop forecast thanks to substantial rains over past months
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Although too late for winter crops, the substantial rains over the past months certainly helped summer crops like barley and wheat, RMI Analytics said
...More info on site
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UK: Winter barley harvest nearly done with average yields
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Winter barley harvest is nearly done, showing average yields and on-target specific weights, while oilseed rape is still coming in slowly, the Farmers Weekly
...More info on site
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