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E-Malt.com Flash 46a
November 13 - November 15, 2023
Quote of the Week
The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty.
Winston Churchill
Currency Rates
Base Currency: Euro
on November 15, 2023 |
Base Currency: US Dollar
on November 15, 2023 |
| |
1 EUR = 1.0773 USD
1 EUR = 0.8710 GBP
1 EUR = 1.4834 CAD
1 EUR = 1.6768 AUD
1 EUR = 162.8870 JPY
1 EUR = 5.2636 BRL
1 EUR = 98.1795 RUB
1 EUR = 7.8378 CNY
|
|
1 USD = 0.9282 EUR
1 USD = 0.8085 GBP
1 USD = 1.3770 CAD
1 USD = 1.5563 AUD
1 USD = 151.2010 JPY
1 USD = 4.8862 BRL
1 USD = 91.1387 RUB
1 USD = 7.2757 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 15, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
300.00-302.00 |  0.99% |
| 6RW Malting Barley (FOB Creil) |
217.00-219.00 | 3.54% |
Feed Barley (FOB Creil) |
194.00-196.00 | 2.01% |
| 2RS Malt (FOB Antwerp) |
648.50-650.50 | 0.57% |
| 6RW Malt (FOB Antwerp) |
684.50-686.50 | 0.54% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
283.00-285.00 | 4.05% |
| 6RW Malting Barley (FOB Creil) |
231.00-233.00 |  0.43% |
| 2RS Malt (FOB Antwerp) |
637.00-639.00 | 2.26% |
| 6RW Malt (FOB Antwerp) |
573.00-575.00 | 0.21% |
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: Craft beer market forecast to grow despite current difficulties
...Click here
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World: Diageo warns of slower than expected growth in first half of this year
...Click here
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Japan: Asahi to postpone opening of new brewery in Japan due to soaring construction costs
...Click here
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Japan & China: Suntory continues to aim for expansion in China despite geopolitical risks
...Click here
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World: Barley production forecast slightly higher at 140.8 mln tonnes
...Click here
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Australia: Increase in barley receipts boost production forecast to 11.19 mln tonnes
...Click here
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Canada, ON: Labatt invests in London brewery to expand capacity
...Click here
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South Africa: Delta to commission new sorghum beer plant in South Africa
...Click here
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South Korea: HiteJinro to release a limited Christmas edition of its Kelly beer
...Click here
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Graph of the week
Table of the week
Slovenia Hops Area, Yields, and Production 2020-2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
13 November
1851 - Telegraph connection between London-Paris linked
1893 - Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 - 1st modern elastic brassiere patented by Mary Phelps Jacob
14 November
1494 - Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice
1957 - OPEC (Organization of Petroleum Exporting Countries), forms
1985 - Brewers release 39-year-old pitcher Rollie Fingers
1994 - 1st trains for public run in English Channel Tunnel
2008 - The first G-20 economic summit opens in Washington, D.C
15 November
1904 - King C Gillette patents Gillette razor blade
1971 - Intel advertises 4004-processor
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: Craft beer market forecast to grow despite current difficulties
|
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A recent market research outlined an interesting growth potential for the global craft brewing industry, from a current retail value of EUR97 bln to
...More info on site
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World: Diageo warns of slower than expected growth in first half of this year
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Spirits and beer giant Diageo PLC saw billions wiped off its market value on November 10 after it warned that a sharp slowdown in
...More info on site
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Japan: Asahi to postpone opening of new brewery in Japan due to soaring construction costs
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Asahi Group Holdings will postpone the opening of a new beverage factory in Japan by three years to 2029, the maker of Super Dry
...More info on site
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Japan & China: Suntory continues to aim for expansion in China despite geopolitical risks
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Japanese beverage maker Suntory continues to aim for expansion in China, although it acknowledges geopolitical risks, Nikkei Asia reported on November 11.
The Chinese market
...More info on site
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Ukraine: January-October beer output up 9.3%
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Ukraine’s January-October beer production increased by 9.3% year-on-year to 11.45 mln hl, trade association Ukrpivo reported on November 14.
The association does not include the
...More info on site
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Canada, ON: Labatt invests in London brewery to expand capacity
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A week after four large beer tanks made the journey from Sarnia to London, Ontario on Tuesday, November 14 Labatt announced a C$26.6 million investment in the London brewery, CTV News London reported.
According to a press release, Labatt Breweries of Canada is expanding production capacity of its London brewery by investing C$26.6 million to fund the addition of a new four-tank fermenting cellar and two new packers.
According to the company, this investment is part of Labatt’s “ongoing commitment to invest in sustainable solutions, evolve consumer demand and prepare its breweries for future growth.”
The company added that this week’s announcement will build on the brewery’s C$52.6 million investment in line upgrades, enhancements and sustainable innovations in 2021.
C$13.5 million of the investment will go towards funding the four new tanks for the brewery’s fermentation cellar, which will increase the capacity of the London facility by 597,000 hectoliters per year—equivalent to 4 new tanks.
“Our London brewery is the largest in Labatt’s network, brewing over 40 per cent of the beer we brew for Canadians, and this significant investment boosts the facility’s production capacity and sustainability performance,” said Jeff Ryan, VP legal and corporate affairs, Labatt Breweries of Canada.
In addition, C$13.09 million will fund
...More info on site
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South Africa: Delta to commission new sorghum beer plant in South Africa
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Zimbabwe Stock Exchange (ZSE) listed beverages maker Delta will commission a new Chibuku Super plant for its South African subsidiary, United National Breweries, during the fourth quarter of this year, The Herald reported on November 14.
The beverages giant indicated optimism on the strong demand for the sorghum beer segment South of Limpopo River with the product now available in formal retail chains, albeit the challenging environment characterised by power outages, weakening Rand, and low disposable incomes.
However, there were delays in the delivery of machinery for the plant, which the group now anticipates receiving soon and commencing production in the fourth quarter.
“There was a delay in the shipment of the equipment for the local production of Chibuku Super, which is now rescheduled to the fourth quarter,” said the group in a performance update for the half year to September 30, 2023.
Figures from Delta show that United National Breweries South Africa recorded a volume growth of 2 percent in the second quarter and is flat on prior year for the six months.
“The uptake of Chibuku Super is promising, which is supported by the entry into a number of formal retail chains,” said Delta.
According to the group, South Africans consumed 779 000 hectolitres
...More info on site
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South Korea: HiteJinro to release a limited Christmas edition of its Kelly beer
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South Korea’s top liquor maker HiteJinro Co. will release a limited Christmas edition of its beer brand Kelly to liven up the atmosphere at year-end holiday gatherings, the company said on November 13.
HiteJinro explained that the latest edition features a design that combines characters symbolizing Christmas and winter with a Nordic Danish touch.
The Kelly Christmas edition comes in canned beer (463 ml) and bottled beer (500 ml) and will be available at major supermarkets and other alcoholic beverage outlets such as restaurants and bars nationwide from Tuesday. For bottled beer products, this is the company’s the first Christmas edition in five years since the release of Hite Extra Cold in 2018.
To commemorate the release of the Christmas edition, HiteJinro plans to sell special promotional items, including specially designed glasses.
More than 200 million bottles of Kelly have been sold since its launch in April. 2022
With the launch of Kelly’s latest edition, HiteJinro aims to strengthen its strategy to capture the upcoming year-end liquor market.
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Barley News
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World: Barley production forecast slightly higher at 140.8 mln tonnes
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World barley production forecast for 2023-24 is slightly higher in RMI Analytics’ early November report, at 140.8 mln tonnes, up 0.3 mln from the
...More info on site
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Australia: Increase in barley receipts boost production forecast to 11.19 mln tonnes
|
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Barley harvest is progressing in Australia into more southern growing regions under mostly good conditions and a mostly clear forecast for the next weeks,
...More info on site
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