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E-Malt.com Flash 43a
October 23 - October 25, 2023
Quote of the Week
Whatever you are, be a good one.
Abraham Lincoln
Currency Rates
Base Currency: Euro
on October 25, 2023 |
Base Currency: US Dollar
on October 25, 2023 |
| |
1 EUR = 1.0630 USD
1 EUR = 0.8704 GBP
1 EUR = 1.4571 CAD
1 EUR = 1.6722 AUD
1 EUR = 159.1810 JPY
1 EUR = 5.3208 BRL
1 EUR = 99.8832 RUB
1 EUR = 7.7686 CNY
|
|
1 USD = 0.9406 EUR
1 USD = 0.8187 GBP
1 USD = 1.3707 CAD
1 USD = 1.5729 AUD
1 USD = 149.7320 JPY
1 USD = 5.0053 BRL
1 USD = 93.9603 RUB
1 USD = 7.3079 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 25, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
301.00-303.00 |  5.96% |
| 6RW Malting Barley (FOB Creil) |
229.00-231.00 | 1.32% |
Feed Barley (FOB Creil) |
199.00-201.00 |  5.21% |
| 2RS Malt (FOB Antwerp) |
649.00-651.00 | 3.32% |
| 6RW Malt (FOB Antwerp) |
685.00-687.00 | 3.14% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
288.00-290.00 | 2.48% |
| 6RW Malting Barley (FOB Creil) |
241.00-243.00 | 1.26% |
| 2RS Malt (FOB Antwerp) |
643.00-645.00 | 1.36% |
| 6RW Malt (FOB Antwerp) |
585.50-587.50 | 0.63% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Heineken retains full-year outlook despite lower sales in Q3
...Click here
|
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Nigeria: Guinness Nigeria declares 11% revenue growth, restates commitment to innovation
...Click here
|
North America: Weather mostly favourable to completing barley harvest in region, production forecast unchanged
...Click here
|
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Australia: Barley crop forecast raised slightly to 10.81 mln tonnes
...Click here
|
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EU: Soft wheat, barley exports down sharply this year
...Click here
|
Ireland: Amber Beverage Group to build one of the largest distilleries of Irish whiskey in Co Carlow
...Click here
|
|
Sweden: Carlsberg Sweden’s new investment to capture CO2 to put bubbles in beer
...Click here
|
|
Morocco: Government looking to increase taxes on alcohol
...Click here
|
Graph of the week
Table of the week
Italy Beer Market 1999 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 October
1814 - 1st plastic surgery is performed (England)
1824 - 1st steam locomotive is introduced
1989 - Bankruptcy of Wartsila Marine; the biggest bankruptcy in the Nordic countries until then
24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices
25 October
1492 - Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 - Tappan sells 1st microwave oven
1960 - 1st electronic wrist watch placed on sale, New York City
Agenda
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)
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Brewery News
|
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World: Heineken retains full-year outlook despite lower sales in Q3
|
|
Heineken's shares rose on October 25 as it retained its full-year outlook, but the world's second-largest brewer also warned that tough economic conditions in
...More info on site
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Nigeria: Guinness Nigeria declares 11% revenue growth, restates commitment to innovation
|
|
Guinness Nigeria Plc has recorded a revenue of N229.4 billion for the financial year ended June 30, 2023 in spite of the severe macro-economic
...More info on site
|
|
Morocco: Government looking to increase taxes on alcohol
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As part of its 2024 and in search of a formula to mitigate the fallout of the Ukraine war and other ongoing global crises, the Moroccan government is looking to increase taxes on alcoholic beverages. This tax raise concerns the domestic consumption of wine, beer, and spirit drinks, the Morocco World News reported on October 21.
The 2024 finance bill aims to fortify the country's financial landscape, revealing a significant shift in the taxation of alcoholic beverages.
The proposed change comes as Morocco seeks to address pressing economic challenges, including fiscal deficits and increased demands on public resources.
The draft legislation, which is currently under review, intends to increase the domestic consumption tax applied to wine, beer, and spirits. While specific figures have yet to be disclosed, the move is anticipated to lead to higher prices for these alcoholic beverages.
This tax adjustment is expected to generate additional revenue for the state budget, which has been under considerable strain due to the economic impact of the global pandemic and the Russian-Ukrainian War.
Morocco’s treasury expects to collect this year MAD 14.5 billion ($1.3 billion) in taxes on alcohol and cigarettes, indicating an increase of roughly MAD 1 billion ($92 million) compared
...More info on site
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Sweden: Carlsberg Sweden’s new investment to capture CO2 to put bubbles in beer
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Thanks to an investment in a new high-tech carbon dioxide recycling plant, up to 40 percent of Carlsberg Sweden's use of carbon dioxide is estimated to come from its own process from the end of 2024, the company announced on October 24.
Carlsberg Sweden is now taking the next step in line with the sustainability programme, Together Towards ZERO and Beyond, and invests in a carbon dioxide recovery plant. This means that Carlsberg Sweden will start to collect, purify, and reuse the biogenic carbon dioxide that is currently being released during fermentation.
The investment will contribute to an even more efficient use of resources in the business and lead to 120 fewer truck transports each year. The carbon dioxide recycling plant will be located at the brewery in Falkenberg and will be used for beer, soft drinks, and water. Production is expected to start at the end of 2024.
“Aiming for circularly and making use of residual products is natural for us,” says Mikhail Zaripov, Utilities manager, Carlsberg Sweden. “By being able to recycle, process and purify the carbon dioxide from fermentation, we create new carbonic acid for our drinks. This means that we save our resources and the environment, while also reducing
...More info on site
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Barley News
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North America: Weather mostly favourable to completing barley harvest in region, production forecast unchanged
|
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Over the past month, the weather has been mostly favourable to completing the barley harvest in Canada and the US. Focus now shifts to
...More info on site
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Australia: Barley crop forecast raised slightly to 10.81 mln tonnes
|
|
Following RMI Analytics’ recent Insight Tour to Australia, the analysts concluded a good barley crop development is in place, and since the Tour beneficial
...More info on site
|
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EU: Soft wheat, barley exports down sharply this year
|
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Soft wheat exports from the European Union are down 22% compared to the same period in the previous marketing year, according to European Commission
...More info on site
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Whisky News
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Ireland: Amber Beverage Group to build one of the largest distilleries of Irish whiskey in Co Carlow
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The Amber Beverage Group is investing up to €35m in the construction of one of the largest distilleries of Irish whiskey, RTE reported on October 20.
Walsh Whiskey Distillery at Dunleckney in Co Carlow will become the brand home for ABG's two super-premium whiskeys - Writers' Tears and The Irishman.
The two brands are exported to over 50 countries worldwide.
ABG said its intention is that the distillery will be capable of reaching a production capacity of 4 million LPAs annually, adding that the distillery’s capacity will facilitate its plans to lay down significant reserves of maturing whiskey over the long term.
The company said its investment underpins its commitment to becoming a major producer in the global Irish whiskey market, which reached $4.7 billion in 2022 and is expected to grow to $7.5 billion by 2028.
Subject to planning approval, the new Walsh Whiskey Distillery at Dunleckney will be located on an historic 18th century site by the banks of the River Barrow in Co Carlow.
It is hoped that construction of the distillery will start in 2024. The construction process will take about 18 months with commissioning of the distillery in 2026.
Bernard Walsh, the Founder and Managing Director of Walsh Whiskey, said that located
...More info on site
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