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E-Malt.com Flash 48b
November 30 - December 03, 2023
Quote of the Week
With hekt (beer) the Ka (spirit) is kept in balance with with the liver and blood... Hekt is the liquid of happy blood and body.
Ancient Egyptian Physician
Currency Rates
Base Currency: Euro
on December 01, 2023 |
Base Currency: US Dollar
on December 01, 2023 |
| |
1 EUR = 1.0929 USD
1 EUR = 0.8633 GBP
1 EUR = 1.4845 CAD
1 EUR = 1.6516 AUD
1 EUR = 161.3060 JPY
1 EUR = 5.3711 BRL
1 EUR = 97.2570 RUB
1 EUR = 7.7358 CNY
|
|
1 USD = 0.9149 EUR
1 USD = 0.7899 GBP
1 USD = 1.3583 CAD
1 USD = 1.5112 AUD
1 USD = 147.5940 JPY
1 USD = 4.9147 BRL
1 USD = 88.9935 RUB
1 USD = 7.0785 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 01, 2023 |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
300.00-302.00 |  |
| 6RW Malting Barley (FOB Creil) |
212.00-214.00 | |
Feed Barley (FOB Creil) |
191.00-193.00 | |
| 2RS Malt (FOB Antwerp) |
649.00-651.00 |  0.09% |
| 6RW Malt (FOB Antwerp) |
685.00-687.00 | 0.08% |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
269.00-271.00 | |
| 6RW Malting Barley (FOB Creil) |
228.00-230.00 | |
| 2RS Malt (FOB Antwerp) |
620.00-622.00 | |
| 6RW Malt (FOB Antwerp) |
569.50-571.50 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
318.00-320.00 |  1.29% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
Europe: Beer sales in Europe in 2022 beat 2021 and 2020 results
...Click here
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Russia: January-October beer production sees a small increase
...Click here
|
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Vietnam: Sabeco strives to elevate position of Vietnamese beer brands
...Click here
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Canada: Western Canada feed barley market remains relatively flat
...Click here
|
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Thailand: Proposed beverage tax framework restructure to bolster tourism and domestic spending
...Click here
|
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South Korea: Korean distributor dumps entire inventory of Carlsberg beer after contract dispute
...Click here
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Graph of the week
Table of the week
EU & UK Malt Production Capacity
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
30 November
1886 - 1st commercially successful AC electric power plant opens, Buffalo
1924 - 1st photo facsimile transmitted across Atlantic by radio (London-NYC)
1983 - Police free kidnapped beer magnate Alfred Heineken in Amsterdam
1998 - Exxon and Mobil sign a US$73.7 billion agreement to merge, thus creating ExxonMobil, the world's largest company
1999 - British Aerospace and Marconi Electronic Systems merge to form BAE Systems, Europe's largest defense contractor and the fourth largest aerospace firm in the world
2005 - First human face transplant is performed in France
01 December
1878 - 1st White House telephone installed
1910 - Continuous moving assembly line introduced by Ford (car every 2:38)
1959 - 1st color photograph of Earth from outer space
02 December
1816 - 1st savings bank in U.S. opens (Philadelphia Savings Fund Society)
1901 - Gillette patents 1st disposable razor
1927 - 1st Model A Fords sold, for $385
03 December
1621 - Galileo invents telescope
1967 - 1st human heart transplant performed (Dr. Christian Barnard, South Africa)
Agenda
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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Europe: Beer sales in Europe in 2022 beat 2021 and 2020 results
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Beer sales in Europe were up in 2022, beating 2021 and 2020 levels but still not yet reaching pre-COVID levels of 2019.
The Brewers
...More info on site
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Russia: January-October beer production sees a small increase
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Russia’s beer production saw a small increase in January-October this year, Profibeer reported on December 1.
Over the first ten months of this year the
...More info on site
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Vietnam: Sabeco strives to elevate position of Vietnamese beer brands
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Sai Gon Beer, Alcohol and Beverage Corporation (SABECO) and its Bia Saigon have always committed to investing in business development associated with building a national brand. Therefore, SABECO constantly strives to create positive changes to enhance the position of the Vietnamese brand along with community activities, vietnamnews.vn reported on December 1.
SABECO and Bia Saigon always hold a special place in the hearts of Vietnamese people, often referred to as the "national beer", thanks to its extensive and ever-growing range of products that cater to the evolving preferences of consumers.
For many years, Bia Saigon has been a partner at the annual "Pride of Vietnamese Goods - Essence of Vietnamese Goods" Festival, organised by the Ministry of Industry and Trade (MoIT) in alignment with the "Vietnamese People give priority to using Vietnamese Products" programme initiated by the Politburo.
In 2023, Bia Saigon continued to join the "Viet Nam Grand Sale 2023" programme, organised by the MoIT’s Trade Promotion Department (Vietrade). This programme aims to assist consumers in accessing incentives provided by domestic businesses, offering a wide range of quality goods.
Vietnam Grand Sale 2023 will be launched nationwide from December 4, 2023 to January 10, 2024 in an effort to stimulate greater consumer demand
...More info on site
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Thailand: Proposed beverage tax framework restructure to bolster tourism and domestic spending
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A proposed restructuring of the beverage tax framework is under consideration by the Finance Ministry, as revealed by the permanent finance secretary, Lavaron Sangsnit. The restructure aims to bolster tourism and domestic spending, Thaiger reported on November 30.
This Friday, December 1, Lavaron plans to engage in a discussion with officials from the Customs Department and the Excise Department. The proposed measures align with Thai governmental policies aimed at boosting consumption and tourism.
The first measure proposed focuses on increasing domestic and tourist spending, achieved by the abolition of duty-free shops in the nation’s airport arrival areas. The objective is to encourage tourists to spend more during their stay in Thailand.
The third measure proposes tax incentives to promote products that encapsulate Thailand’s soft power, a move suggested by various industry representatives to the ministry.
The proposed fourth measure looks at the potential relaxation of opening hours for nightlife establishments located in popular tourist areas, as stated by Lavaron.
The fifth measure involves the Foreign Affairs Ministry, which has been tasked with examining the feasibility of extending the visa-free policy to include visitors from a wider range of countries throughout the globe.
These five measures received preliminary approval from the cabinet on November 28, with the
...More info on site
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South Korea: Korean distributor dumps entire inventory of Carlsberg beer after contract dispute
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GoldenBlue, a Busan-based whiskey maker and distributor of imported liquor, said it has disposed of its remaining inventory of Carlsberg beer in the aftermath of a so-called gapjil (abuse of power) from its Danish partner back in March, the Korea JoongAng Daily reported on November 28.
The discarded Carlsberg products, inclusive of their disposal costs, account for a sum of 490 million won ($378,100).
“As the dispute after halting the distribution of Carlsberg products hasn't been resolved, and with ongoing expenses like storage costs causing further losses, we had no choice but to dispose of all remaining Carlsberg product inventory,” a GoldenBlue official said on November 28.
GoldenBlue entered import and distribution contracts with Carlsberg Group in April, 2018. However, Carlsberg Group served a contract termination notice to GoldenBlue this past March, prompting the cessation of its Carlsberg beer distribution.
The Korean liquor company called Carlsberg's “unilateral” termination of that contract an act of gapjil.
“We have elevated the Carlsberg brand from the Top 15 to the Top 10 position among imported beers in Korea through substantial investments, including new hires and the establishment of a Beer and Spirits division,” a company spokesperson told the Korea JoongAng Daily Tuesday. “While the Carlsberg
...More info on site
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Barley News
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Canada: Western Canada feed barley market remains relatively flat
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The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied, Farmtario.com reported on November 30.
Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market.
Delivered barley into the Lethbridge, Alta. area is currently priced in the C$300-C$320 per tonne range, according to brokers in the region. That’s down by about C$20 per tonne at the top end over the past month, and well below bids at this time a year ago that were topping C$400 per tonne.
U.S. corn imports “continue to handcuff and prevent any price growth in this market,” Alberta grain brokerage Agfinity said in a market report. They also noted export opportunities would likely be slow in 2024, due in part to increased Chinese buying from other exporting countries.
Canada has exported 742,700 tonnes of barley through the first 16 weeks of the 2023-24 marketing year, according to Canadian Grain Commission data. That was down by 29 per cent compared to what moved during the same time the previous year.
While less barley is leaving the country, more corn is coming in. U.S. Department of Agriculture export data for the week
...More info on site
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