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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 44a
October 30 - November 01, 2023


Quote of the Week

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Currency Rates


Base Currency: Euro
on November 01, 2023
Base Currency: US Dollar
on November 01, 2023
      1 EUR = 1.0602 USD
1 EUR = 0.8724 GBP
1 EUR = 1.4686 CAD
1 EUR = 1.6700 AUD
1 EUR = 159.7930 JPY
1 EUR = 5.3468 BRL
1 EUR = 98.3501 RUB
1 EUR = 7.7560 CNY
      1 USD = 0.9431 EUR
1 USD = 0.8228 GBP
1 USD = 1.3852 CAD
1 USD = 1.5750 AUD
1 USD = 150.7080 JPY
1 USD = 5.0432 BRL
1 USD = 92.7649 RUB
1 USD = 7.3155 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


November 01, 2023
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 305.00-307.00 up1.32%
6RW Malting Barley (FOB Creil) 224.00-226.00 down2.17%
Feed Barley (FOB Creil) 193.00-195.00 down3.00%
2RS Malt (FOB Antwerp) 654.50-656.50 up0.84%
6RW Malt (FOB Antwerp) 690.50-692.50 up0.80%
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 293.00-295.00 up1.73%
6RW Malting Barley (FOB Creil) 238.00-240.00 down1.24%
2RS Malt (FOB Antwerp) 649.50-651.50 up0.96%
6RW Malt (FOB Antwerp) 581.50-583.50 down0.63%
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: Global brewers set to benefit from better profit margins next year, analysts say ...Click here
Brewery news World: AB InBev reports better-than-expected revenue in its third quarter ...Click here
Brewery news World: Carlsberg reports third-quarter sales broadly in line with expectations, warns of weaker consumer sentiment in Europe and Southeast Asia ...Click here
Brewery news Brazil: Ambev sees 19.3% jump in third-quarter net profit ...Click here
Brewery news China: Tsingtao’s third-quarter earnings miss analysts’ estimates ...Click here
Brewery news China: Tsingtao sees its stock price plummet after video of employee urinating in brewery tank went viral ...Click here
Brewery news Denmark & Russia: Carlsberg cuts ties with 'stolen' Russian business ...Click here
Brewery news Vietnam: Sabeco sees post-tax profit plunge 23% yoy in Q3 ...Click here

Barley news EU: 2023-24 barley crop lower than five-year average ...Click here
Barley news Australia: Late rains help boost barley crop forecast to 11 mln tonnes ...Click here
Barley news Canada: Barley crop estimate remains at 7.87 mln tonnes ...Click here


More Industry News


Brewery news Japan: Japan brewers may offer wider variety of products following changes in liquor tax rules ...Click here
Brewery news Hungary: Asahi’s Hungarian beer business to receive biggest investment in its history ...Click here
Brewery news Thailand: Energy drink maker Carabao to mount full-on challenge to country’s dominating beer brands ...Click here
Brewery news Europe: Heineken appoints new President Europe from January 2024 ...Click here

Graph of the week



Table of the week

China Malt Imports 2018 - 2022


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


30 October
1894 - Daniel Cooper patents time clock
1987 - August A Busch III becomes CEO of St Louis Cards
1989 - Mitsubishi Estate Co. agrees to pay $846 million for 51% of Rockefeller Center in New York City; by 1996, the Mitsubishi affiliate is so financially troubled that it sells Rockefeller Center for less than $400 million

31 October
1904 - King Camp Gillette patents the safety blade and razor
1938 - Robert Edward was born, he started CNN (amid almost universal predictions of failure) in 1980
1952 - TV broadcasting begins in Belgium
2011 - The global population of humans reaches seven billion. This day is now recognized by the United Nations as Seven Billion Day

01 November
1512 - Michelangelo's paintings on ceiling of Sistine Chapel, 1st time exhibited
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
1894 - Vaccine for diphtheria announced by Dr Roux of Paris
1982 - Honda becomes the first Asian automobile company to produce cars in the United States with the opening of its factory in Marysville, Ohio. The Honda Accord is the first car produced there
1993 - The Maastricht Treaty takes effect, formally establishing the European Union

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)

More events are available on site e-malt.com


BreweryBrewery News Brewery


Brewery newsWorld: Global brewers set to benefit from better profit margins next year, analysts say
Global brewers like Anheuser-Busch InBev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlikely ...More info on site


Brewery newsWorld: AB InBev reports better-than-expected revenue in its third quarter
AB InBev has reported better-than-expected revenue in its third quarter, despite consumers buying less of its beer.

The Belgian maker, known for brands such as ...More info on site


Brewery newsWorld: Carlsberg reports third-quarter sales broadly in line with expectations, warns of weaker consumer sentiment in Europe and Southeast Asia
Danish brewer Carlsberg on October 31 reported third-quarter sales broadly in line with expectations but warned that weak consumer sentiment in Europe and Southeast ...More info on site


Brewery newsBrazil: Ambev sees 19.3% jump in third-quarter net profit
Brazilian brewer Ambev SA on October 31 reported a 19.3% jump in net profit on an organic basis, lifting its shares as lower aluminum ...More info on site


Brewery newsChina: Tsingtao’s third-quarter earnings miss analysts’ estimates
Narrow-moat Tsingtao Brewery’s third-quarter earnings missed analysts’ estimates on revenue and net profit. Sales declined year on year but gross and net profit still ...More info on site


Brewery newsDenmark & Russia: Carlsberg cuts ties with 'stolen' Russian business
Carlsberg has announced it has terminated its business in Russia after the Kremlin took control of its operations in the country, BBC reported on ...More info on site


Brewery newsChina: Tsingtao sees its stock price plummet after video of employee urinating in brewery tank went viral
Tsingtao, a leading Chinese beer manufacturer, has seen its stock price plummet after a video allegedly showing an employee urinating into a tank at ...More info on site


Brewery newsVietnam: Sabeco sees post-tax profit plunge 23% yoy in Q3
Brewer Sabeco saw its post-tax profit plunge 23% year-on-year in the third quarter, landing at VND1.07 trillion ($43.54 million) so far, due to rising ...More info on site


Brewery news Japan: Japan brewers may offer wider variety of products following changes in liquor tax rules
The Japanese beer market may start seeing a wider variety of products following changes in the country's new liquor tax rules, which went into effect at the beginning of October, the Nikkei Asia reported on October 28.

Japan employs an unusual taxation system for beer, in which the tax rate falls into three categories, with the highest levies on standard beer and lower ones on low-malt beer, called happoshu, and no-malt beverages, known as third-tier beer or "new genre" beer. The system has led to intense competition in the lower-taxed categories.

Starting this month, Japan lowered the tax on standard beer from 70 yen to 63.35 yen per 350 milliliters, while raising the levy on new genre beer from 37.8 yen to 46.99 yen, matching that of low-malt happoshu, which remained unchanged, according to the Ministry of Finance.

Asahi Group Holdings has emerged a beneficiary of the tax changes due to its product mix, according to Makoto Morita of Daiwa Securities. Standard beers accounted for around 60% of the company's beer sales volume in 2022 compared with only 25% for new genre brews.

In contrast, new genre beer accounted for above 40% of beer sales volume at Kirin Holdings and around 70% at Suntory ...More info on site


Brewery news Hungary: Asahi’s Hungarian beer business to receive biggest investment in its history
Asahi’s Hungarian beer business Dreher Breweries is about to receive the biggest investment in its history as part of a decade-long plan, The Drinks Business reported on October 30.

Dreher Breweries, which was absorbed by Asahi in 2017 after AB InBev acquired SABMiller back in 2016 and was forced to divest a portion of its central and eastern European interests, will undergo investment and expansion over the next 10 years, according to local sources.

The first phase of the HUF100 billion (€261 million) investment will reportedly begin in January 2024 and will continue until 2026. This will include a new energy unit being built and the fermentation and conditioning tanks being replaced. This stage is estimated to require HUF30 billion (€78 million) in financing.

Dreher Breweries, which is 170 years old and based in Kőbánya (the 10th district in Budapest), will then see its technology replaced to meet sustainability targets and also see its storage capacity expanded.

Local reports have highlighted that 30% of the funds have already been secured by Asahi and such a development on a similar scale is unprecedented in the history of beer production in Hungary.

József Bai, the company’s finance director, stated that the company wanted to make this a ...More info on site


Brewery news Thailand: Energy drink maker Carabao to mount full-on challenge to country’s dominating beer brands
Thai energy drink maker Carabao Group is preparing to mount a full-on challenge to the country's two dominant beer brands, Singha and Chang, as changing consumer tastes and the easing of brewing restrictions create an opportunity to break into the market, the Nikkei Asia reported on October 31.

"Carabao will be known as Thailand's third largest beer company," Sathien Setthasit, the company's CEO, said in an interview with Nikkei.

The company aims to capture 10% of the domestic market in 2024 and increase that to 20% within three to five years.

Carabao will invest up to 6 billion baht ($167 million) to install brewing equipment at group company's factory in central Thailand's Chai Nat. It plans to first secure a production capacity of 200 million liters per year, which will be increased to 400 million litres depending on market reaction.

The company, whose flagship Carabao Dang beverage is the second most popular energy drink in Thailand, aims to reach 40 billion baht in annual beer sales in the next three to five years.

In the battle of the labels, Carabao's water buffalo logo will take on Chang's elephants and Singha's mystical golden lion.

Carabao has been eyeing a full-scale entry into the beer market for more ...More info on site


Brewery news Europe: Heineken appoints new President Europe from January 2024
Heineken N.V. (HEINEKEN) announced on November 1 that Glenn Caton will succeed Soren Hagh as President Europe from 1 January 2024.

Glenn joins HEINEKEN from Mondelez International, where he is currently Senior Vice President Global Commerce and was previously President for South-East Asia and President of Northern Europe. Glenn will join the Executive Team reporting to Dolf van den Brink, HEINEKEN’s CEO and Chairman of the Executive Board.

Soren Hagh will leave HEINEKEN on 31 December 2023 to take up a new role which will be announced shortly, the company said.



BarleyBarley News Barley


Barley newsEU: 2023-24 barley crop lower than five-year average
The European Commission updated its 2023-24 grain production numbers for its 27 member states last week with soft wheat output increased slightly compared to ...More info on site


Barley newsAustralia: Late rains help boost barley crop forecast to 11 mln tonnes
Barley harvest is advancing in New South Wales and Western Australia under favourable weather, with first quality feedback favourable, RMI Analytics said in late ...More info on site


Barley newsCanada: Barley crop estimate remains at 7.87 mln tonnes
Barley harvest finished under less than ideal conditions across North America. In certain regions there are small pockets of pre-germ barley, but this is ...More info on site


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