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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 40a
October 02 - October 04, 2023


Quote of the Week

A surplus of effort could overcome a deficit of confidence.
Sonia Sotomayer

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Currency Rates


Base Currency: Euro
on October 04, 2023
Base Currency: US Dollar
on October 04, 2023
      1 EUR = 1.0470 USD
1 EUR = 0.8669 GBP
1 EUR = 1.4349 CAD
1 EUR = 1.6581 AUD
1 EUR = 156.5460 JPY
1 EUR = 5.3373 BRL
1 EUR = 104.0750 RUB
1 EUR = 7.5357 CNY
      1 USD = 0.9550 EUR
1 USD = 0.8280 GBP
1 USD = 1.3705 CAD
1 USD = 1.5835 AUD
1 USD = 149.5090 JPY
1 USD = 5.0977 BRL
1 USD = 99.4025 RUB
1 USD = 7.1974 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


October 04, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 284.00-286.00 -
6RW Malting Barley (FOB Creil) 230.00-232.00 down0.86%
Feed Barley (FOB Creil) 204.00-206.00 down3.30%
2RS Malt (FOB Antwerp) 628.50-630.50 -
6RW Malt (FOB Antwerp) 664.50-666.50 -
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 284.00-286.00 -
6RW Malting Barley (FOB Creil) 241.00-243.00 down0.41%
2RS Malt (FOB Antwerp) 638.50-640.50 -
6RW Malt (FOB Antwerp) 585.50-587.50 down0.21%
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 USA: Beer imports rise notably in July 2023 ...Click here
Brewery news USA: Tilray Brands completes acquisition of eight beer and beverage brands from AB InBev ...Click here
Brewery news Denmark & Russia: Carlsberg ends licence agreements in Russia, to fully impair the value of the business ...Click here
Brewery news Thailand & Cambodia: ThaiBev to invest in domestic, overseas expansion ...Click here
Brewery news Nigeria: Nigerian brewers see 152% surge in finance costs due to naira devaluation ...Click here

Barley news USA: Barley acreage up 4.8% in 2023 ...Click here


More Industry News


Brewery news World: Diageo launches and prices two-tranche $1.7 billion SEC-registered bond offering ...Click here
Brewery news Japan & South Korea: Japanese beer sales surge in South Korea ...Click here
Brewery news The Czech Republic: Budějovický Budvar brewery planning price hikes in the coming weeks ...Click here
Brewery news Mozambique: Overwhelming majority of Mozambicans prefer beer to any other alcoholic beverage, research shows ...Click here
Barley news Vietnam & Australia: Western Australia malting barley taps into Vietnamese beer market ...Click here
Brewery news China: Dwindling number of expats making foreign-run craft breweries shift strategies ...Click here
Brewery news China: Budweiser China launches its first-ever organic beer ...Click here

Graph of the week



Table of the week

Australia Malt Exports 2018 - 2022


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


02 October
1608 - Prototype of modern reflecting telescope completed by Jan Lippershey
1866 - J Osterhoudt patents tin can with key opener
1956 - 1st atomic power clock exhibited in New York City

03 October
1906 - SOS adopted as warning signal by 1st conference on wireless telegraphy
1922 - 1st facsimile photo send over city telephone lines, Washington, DC
1952 - 1st video recording on magnetic tape, Los Angeles, California

04 October
1910 - 1st public elevator (London's Earl's Court Metro Station)
1957 - USSR launches Sputnik I, 1st artificial Earth satellite
1958 - USSR Luna 3 sent back 1st photos of Moon's far side
1976 - Official launch of the InterCity 125 high speed train

Agenda

October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
09 - 10: 107 VLB October Convention 2023 (Seestrasse 13, 13353 Berlin, Germany)
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)
13 - 14: BeerX 2024 (Liverpool, UK)
22 - 23: InnBrew 2024 (Barcelona, Spain)
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)
24 - 24: World Beer Cup 2024 (Las Vegas, USA)

May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Cerveza Mexico Expo 2024 (Guadalajara, Mexico)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)
30 - 01 June: Craft Beer China 2024 (Shanghai, China)

June 2024:
06 - 09: Wiener Bierfest 2024 (Vienna, Austria)
11 - 13: Brasil Brau 2024 (Sao Paulo, Brazil)

August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)

September 2024:
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsUSA: Beer imports rise notably in July 2023
Beer imports into the United States rose notably to 458M litres in July 2023, growing by 6.7% on the previous month’s figure. In general, ...More info on site


Brewery newsUSA: Tilray Brands completes acquisition of eight beer and beverage brands from AB InBev
Cannabis company Tilray Brands, Inc. said it has closed its all-cash previously-announced acquisition of eight beer and beverage brands from Anheuser-Busch, including the breweries ...More info on site


Brewery newsDenmark & Russia: Carlsberg ends licence agreements in Russia, to fully impair the value of the business
Danish brewer Carlsberg said on October 3 it had ended licence agreements for its brands in Russia, retaliating against what it described as Moscow's ...More info on site


Brewery newsThailand & Cambodia: ThaiBev to invest in domestic, overseas expansion
Thai Beverage (ThaiBev), the Singapore-listed Asean food and beverage company, looks set to spend 7 billion baht to expand its businesses both domestically and ...More info on site


Brewery news Nigeria: Nigerian brewers see 152% surge in finance costs due to naira devaluation
Nigerian beer makers have recorded a 152% surge in finance cost to N117.96 billion in the first half of 2023 due to the naira devaluation, BusinessDay NG reported on September 29.

The beer makers saw finance costs rise to N117.96 billion in H1 2023 from N46.81 billion in the corresponding period of 2023.

Guinness Nigeria recorded the highest increase of 2401.9 percent growth, Nigerian Breweries followed with a record of 260.8 percent growth, International Breweries reported 127.9 percent year-on-year growth while Champion Breweries recorded a 12.7 percent increase.

“The biggest problem for a lot of consumer goods firms are FX losses because a lot of them have USD liabilities to import raw materials on credit and as they have their debt as books they need to convert it to naira,” Ayorinde Akinloye, an investor relations analyst at Seplat Energy Plc, said.

He told BusinessDay that brewers had higher cost problems, an inflation environment, the impact of raw materials cost, price of goods, and other raw materials that they use have an impact on their cost and their profit.

“FX pressure is the biggest impact on their performance. Inflation and FX are the two problems because as inflation affects them they are also increasing prices,” he said.


Brewery news World: Diageo launches and prices two-tranche $1.7 billion SEC-registered bond offering
Diageo plc, a global leader in beverage alcohol, launched and priced on October 2 a $1.7 billion SEC-registered bond offering, consisting of $800 million 5.375% fixed rate notes due 2026 and $900 million 5.625% fixed rate notes due 2033.

The issuer of the bonds is Diageo Capital plc, with payment of principal and interest fully and unconditionally guaranteed by Diageo plc. Proceeds from this issuance will be used for general corporate purposes. The bond offering is scheduled to settle on 05 October 2023.

BofA Securities, Deutsche Bank Securities, RBC Capital Markets and Standard Chartered Bank acted as joint active book-running managers on this offering.


Brewery news Japan & South Korea: Japanese beer sales surge in South Korea
Sales of Japanese beer have surged to the forefront of Korea's imported beer market, with January to August import levels exceeding three times the volume seen in the same period last year — signaling a potential end to the nationwide Japan boycott movement that had impacted various Japanese products, including beer, the Korea JoongAng Daily reported on October 3.

The revival of Japanese beer market share can be attributed to the improved relations between Korea and Japan under the current Yoon Suk Yeol administration, coupled with increased travel to Japan following Covid-19 transitioning into an endemic.

Japanese beer imports from January to August amounted to 36,573 tons, comprising 21.9 percent of Korea's total beer imports, according to data from the Korea Customs Service on Tuesday. The import volume's year-on-year increased by 238.4 percent. Japanese beer has outpaced its competitors, surpassing import volumes of China at 32,153 tons, the Netherlands at 29,243 tons, Poland at 11,291 tons and Germany at 9,911 tons during this period. The resurgence of the neighborhood nation's beer marks a notable turnaround from its recent fall. From 2011 to 2018, it had consistently held the top position in annual imports. However, the tide shifted in 2019 when Japan implemented ...More info on site


Brewery news The Czech Republic: Budějovický Budvar brewery planning price hikes in the coming weeks
Czech Republic’s Budějovický Budvar brewery is planning to increase the price of beer by five to eight percent in the coming weeks, Czech Television reported, citing the company’s management.

Draught beer will go up by one crown, bottled beer by one to two crowns. The average price increase for packaged beer will be around CZK 1.50.

Other breweries are also upping the price of the most popular alcoholic beverage in the country. Plzeňský Prazdroj announced at the end of August that it would raise the price of its products by around six percent as of October. The reason cited was higher costs of energy, packaging and transport.


Brewery news Mozambique: Overwhelming majority of Mozambicans prefer beer to any other alcoholic beverage, research shows
An overwhelming majority of Mozambicans prefer beer to any other alcoholic beverage, according to the latest report by Kasi Insight, a Kenyan market research think tank, News24 reported on September 30.

But not all beers.

The Kasi Insight Beer Tracker, an annual assessment of beer purchase drivers and market trends across more than 20 markets, found AB InBev Group's 2M beer was the most prominent on the market in Mozambique by far.

Drinking does not quite match reputation, though.

"2M emerged as a standout in brand awareness with an impressive 93% recognition rate, underlining its widespread recognition.

"However, in terms of usage, 2M registers at 52%, indicating that not all who are aware of the brand convert that awareness into consumption," the report said.

The second most recognisable beer, it added, was another local brand, Txilar, at 89% brand awareness, and 37% of respondents as drinkers.

Other beers that are visible on the market are Heineken and Castle Lite, which both share a "commendable 78% awareness rate".

Both beers fall behind 2M in terms of consumption levels, registering at 40 and 38%, respectively.

Budweiser, an American-style pale lager that is heavily marketed globally, is prominent in neither awareness nor consumption in Mozambique.

"Budweiser encounters a hurdle with a relatively lower ...More info on site


Brewery news China: Budweiser China launches its first-ever organic beer
Budweiser China is making waves in the high-end beer scene with the launch of its first-ever organic beer, the Dao Insights reported on October 2.

Dubbed the “Brewmaster Organic”, the newly launched beverage strictly adheres to organic production standards throughout its production process. Maintaining a commitment to natural processes, the beer is free from genetically modified seeds, chemical pesticides, or fertilizers. In addition, over 95% of its ingredients (excluding water) are organic, a claim validated by its fresh certification from the Nanjing Guohuan Organic Products Certification Center.

The launch comes as brands increasingly align with the growing Chinese organic market. According to a report from JD.com Supermarket’s “White Paper on Organic Consumption Trends in 2022”, the nation’s organic market is expected to hit 107 billion RMB (14.9 billion USD) by 2023.

China’s burgeoning organic market, though growing, trails behind global leaders like the US, which recorded a staggering 50.9 billion USD in 2021 according to FiBL, highlighting China’s immense untapped potential in this sector.


Brewery news China: Dwindling number of expats making foreign-run craft breweries shift strategies
For Great Leap Brewing, one of Beijing’s first craft beer brands founded in 2010 to serve the expatriate community, adding Sichuan-style spicy chicken to the menu does not seem immediately intuitive – but Allen Lueth, the company’s chief executive, has his reasons, SCMP reported on October 2.

“The dish goes really well with our beer,” he said. “It’s a big hit, especially among our Chinese customers.”

Like Great Leap, many of the city’s foreign-run restaurants and microbreweries that started out with menus catering to Western tastes are now shifting strategies and marketing to locals.

The change comes as the number of foreigners living and working in China has plummeted over the past couple of years, and continues to drop. Pandemic restrictions, geopolitical tensions, and an economic slowdown in China have all contributed to dimming job prospects.

Between 2020 and 2021, the population of expats in Beijing has fallen by more than 40 per cent to about 63,000, according to data from the American Chamber of Commerce China.

“Because of an exodus of expats, the addressable market for [foreign-run] businesses is shrinking, and competition increases,” said Alfredo Montufar-Helu, head of the China Center for Economics and Business at the Conference Board, a global think tank. “So ...More info on site



BarleyBarley News Barley


Barley newsUSA: Barley acreage up 4.8% in 2023
The U.S. Department of Agriculture issued its small grains 2023 summary on September 29, showing a 10 per cent increase in all wheat production ...More info on site


Barley news Vietnam & Australia: Western Australia malting barley taps into Vietnamese beer market
Western Australian barley is helping to quench the thirst of beer drinkers in Vietnam, which is recognised for its strong and sophisticated beer culture, Mirage News reported on September

As part of a trade mission to the country, Agriculture and Food Minister Jackie Jarvis visited a Vietnamese brewery, that uses WA's finest malting barley.

The visit provided a unique opportunity to strengthen government and industry connections and unlock new economic opportunities for WA and Vietnamese businesses.

The Minister also met with Intermalt, which is the largest malting facility in Southeast Asia and is part owned by WA-based CBH Group.

The malting facility is a key supplier to some of Vietnam's largest brewers of international beers and imports much of its barley from Australia.

In 2022-23, WA exported 352,000 tonnes of barley to Vietnam valued at A$139 million, up by 50,000 tonnes on the previous year.

As stated by Agriculture and Food Minister Jackie Jarvis:

"Vietnam is consistently one of the largest buyers of Western Australian barley, and their developing taste for craft beers is good news for our growers.

"Vietnam's beer consumption sits at about 3.8 million litres per year, ranking first in the ASEAN region and third in all of Asia after China and Japan.

"This is ...More info on site


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