If you want to see this letter from our site, please follow this link. https://www.e-malt.com/Publications.asp?19418
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




Access to E-malt.com


Do you know
E-malt.com?

Dear E-malt Reader!

E-malt.com Newsletters Archive could be found directly on e-malt.com site. Browsing through our Newsletters Archive you may see all the issues you have missed. To this purpose you just have to login e-malt.com and click on Newsletters link in the menu. Reading our Newsletters you will be kept informed with the latest news and events regarding malting and beer world. You may also submit your own news, events or other information to the address info@e-malt.com!

You may find updated malt, barley and beer statistics on e-malt.com Statistics section. Just enter e-malt.com! Here you will find all tables issued with e-malt.com newsletters.

E-malt.com Agenda gives the possibility to keep you informed about the Events planned to be held in the whole world related to the brewing and malting industries. To this purpose you just have to login e-malt.com and click on Agenda link in the menu. Reading our Event Agenda you will find out about the future symposia, conferences and festivals related to malting and beer world. You may also submit your own events to the address info@e-malt.com

E-malt.com has Trading Online system. The system is to be used for malt/barley trading. One can register a malt/barley offer or a malt/barley request. The registering person could be as a seller/buyer or as an agent for seller/buyer. The User can see information about all active malt/barley offers & requests. If needed the system allows user to buy/sell malt/barley due to reasonable offers/requests. The way to do this is to confirm reasonable transaction. Trading Online rules are available through the Internet in the Trading Online as well as Tutorial (useful for persons who starts the system usage). To visit the E-malt Trading Online first go to the E-malt.com site, then click Trading Online link in the left menu of the e-malt.com home page. For more details please contact info@e-malt.com

Thank You!


E-malt.com Links!




Note

If you have any comments, questions, suggestions or remarks, you can send a mail to: info@e-malt.com. To submit your own news to our editorial team, email to: info@e-malt.com


If you have received this newsletter from a colleague, you can obtain your own subscription here! You are not registered yet? You may register here.


You may recommend our site to your friend by clicking here.


If you do not wish to receive our newsletter, please unsubscribe your e-mail address from our mailing list by sending us an e-mail info@e-malt.com. Please take into consideration your registration data.


 UNSUBSCRIBE YOUR E-MAIL 
from our mailing list.
  SEND A MAIL TO US  
   info@e-malt.com   

Please take into consideration your registration data.


E-Malt.com Flash 17a
April 22 - April 24, 2024


Quote of the Week

Don't give up, don't take anything personally, and don't take no for an answer.
Sophia Amoruso

             You are one of the 54,000 professionals of the brewing and malting industries from 195 countries receiving our free bi-weekly E-malt Newsletters published since 2001. You seem to be pleased by getting them as we have registered something like 3 mln readings.
             To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
             The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
             A one-year membership costs only 192,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.

             You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!

CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: EUR223.00
Two-year individual subscription: EUR395.00
Save money when your colleagues join:

One-year group subscription for 2-5 members: EUR460.00
One-year group subscription for 6-10 members: EUR685.00
One-year group subscription for 11-20 members: EUR910.00
One-year group subscription for 21-50 members: EUR1,214.00
One-year group subscription for 51-100 members: EUR1,519.00
One-year group subscription for 101 and more members: EUR1,851.00

For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381; Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)



Currency Rates


Base Currency: Euro
on April 24, 2024
Base Currency: US Dollar
on April 24, 2024
      1 EUR = 1.0678 USD
1 EUR = 0.8613 GBP
1 EUR = 1.4612 CAD
1 EUR = 1.6511 AUD
1 EUR = 165.2690 JPY
1 EUR = 5.5022 BRL
1 EUR = 99.5139 RUB
1 EUR = 7.7338 CNY
      1 USD = 0.9364 EUR
1 USD = 0.8066 GBP
1 USD = 1.3684 CAD
1 USD = 1.5461 AUD
1 USD = 154.7720 JPY
1 USD = 5.1530 BRL
1 USD = 93.1992 RUB
1 USD = 7.2431 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


April 24, 2024
French Barley/Malt
Crop 2023
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 324.00-326.00 up1.88%
6RW Malting Barley (FOB Creil) 197.00-199.00 up3.13%
Feed Barley (FOB Creil) 186.00-188.00 up4.47%
2RS Malt (FOB Antwerp) 681.00-683.00 up1.09%
6RW Malt (FOB Antwerp) 524.50-526.50 up1.42%
French Barley/Malt
Crop 2024
Bulk
EUR/T %
2RS Malting Barley (FOB Creil) 268.00-270.00 up1.89%
6RW Malting Barley (FOB Creil) 232.00-234.00 up2.19%
2RS Malt (FOB Antwerp) 618.50-620.50 up1.00%
6RW Malt (FOB Antwerp) 574.50-576.50 up1.08%
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


Malt news Ireland: Boortmalt seek planning permission to expand malting plant in Athy ...Click here

Brewery news World: Heineken sells more beer in Q1, sticks to outlook for 2024 ...Click here
Brewery news India: United Breweries shares surge 10% on report of quarterly revenue increase ...Click here
Brewery news Chile & Argentina: Chilean-owned CCU’s 2023 results impacted by economic crisis in Argentina ...Click here
Brewery news Denmark & Ukraine: Carlsberg to invest US$50.5 million in Ukrainian business ...Click here
Brewery news Spain & UK: Spanish Estrella Damm invests £50 mln in Bedford brewery ...Click here
Brewery news South Africa: Craft brewing market blossoms into a mature and vibrant industry ...Click here

Barley news Canada: Plentiful barley supplies may pressure prices ...Click here
Barley news Canada: 2023-24 barley supply, domestic use forecast to decline ...Click here


More Industry News


Brewery news Russia: Russian government increases custom duty on beer imported from ‘unfriendly’ countries ...Click here
Barley news EU: Grain imports in 2023-24 decline by 23% ...Click here
Brewery news Malaysia: Carlsberg Brewery Malaysia confirms beer price increases starting this month ...Click here
Brewery news Montenegro: Montenegrin brewer Trebjesa records drop in net profit in 2023 ...Click here

Graph of the week



Table of the week

USA Hop Exports (Including Extracts)


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


These Days in Business History


22 April
1864 - The U.S. Congress passes the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States currency
1924 - Hague Chambers of Commerce forms
1969 - 1st human eye transplant performed
1991 - Intel releases 486SX chip

23 April
1851 - Canada issues its 1st postage stamps
1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula

24 April
1704 - "Boston News-Letter," 1st successful newspaper in U.S., forms
1888 - Eastman Kodak Co. forms
1957 - The BBC first broadcast The Sky at Night presented by Patrick Moore
1981 - IBM-PC computer introduced
1990 - West and East Germany agree to merge currency and economies on July 1st
2004 - The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction

Agenda

April 2024:
24 - 24: World Beer Cup 2024 (Las Vegas, USA)
27 - 28: Zythos Beer Festival 2024 (Kortrijk, Belgium)

May 2024:
14 - 16: International Beer Strategies Conference 2024 (Porto, Portugal)
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)
09 - 11: Bangkok Brewing Conference 2024 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
11 - 13: Brasil Brau 2024 (Sao Paulo, Brazil)
14 - 15: Tallinn Craft Beer Weekend 2024 (Tallinn, Estonia)

August 2024:
08 - 10: VIETFOOD & BEVERAGE - VIETNAM 2024 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
17 - 20: World Brewing Congress 2024 (Minneapolis, Minnesota)
23 - 24: Beervana 2024 (Wellington, New Zealand)

September 2024:
02 - 04: 14th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Ciudad de Mexico (CDMX), Mexico)
12 - 14: Stockholm Beer & Whisky Festival 2024 (Stockholm, Sweden)
14 - 15: Bruges Beer Festival 2024 (Bruges, Belgium)
21 - 06 October: Oktoberfest 2024 (Munich, Germany)
28 - 30: Whisky Live Paris 2024 (Paris, France)

October 2024:
03 - 04: Brew Asia 2024 (Suntec Convention & Exhibition Centre, Singapore)
23 - 25: Drink Technology India 2024 (Bombay Exhibition Centre, Mumbai, India)
28 - 31: China Brew 2024 China Beverage 2024 (Shanghai, China)

November 2024:
22 - 22: Drink Japan 2024 (Makuhari Messe, Japan)
26 - 28: Brau Beviale 2024 (Nuremberg, Germany)

February 2025:
07 - 10: HoReCa 2025 (Athens, Greece)
16 - 18: BBTech Expo 2025 (Rimini, Italy)
21 - 23: Finest Spirits 2025 (Munich, Germany)

March 2025:
03 - 07: IBD Asia Pacific Convention 2025 (Hobart, Tasmania)

More events are available on site e-malt.com


MaltMalt News Malt


Malt newsIreland: Boortmalt seek planning permission to expand malting plant in Athy
With a tradition on the site that goes back 177 years, the owners of a malting plant in Athy have sought planning permission to ...More info on site



BreweryBrewery News Brewery


Brewery newsWorld: Heineken sells more beer in Q1, sticks to outlook for 2024
Heineken sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year, as it kept ...More info on site


Brewery newsIndia: United Breweries shares surge 10% on report of quarterly revenue increase
United Breweries shares surged 10 percent on April 24 after the beer company reported a 20 percent increase in revenue for the January-March quarter.

"In ...More info on site


Brewery newsChile & Argentina: Chilean-owned CCU’s 2023 results impacted by economic crisis in Argentina
The Chilean-owned company CCU, owner of the Imperial and Heineken beer brands in Argentina, stated that it is feeling the impact of the economic ...More info on site


Brewery newsSpain & UK: Spanish Estrella Damm invests £50 mln in Bedford brewery
Almost 18 months after they bought Bedford’s Eagle Brewery, Spanish brewer S.A. Damm says they’ll be now using the site to brew their world-famous ...More info on site


Brewery news Denmark & Ukraine: Carlsberg to invest US$50.5 million in Ukrainian business
The Danish Carlsberg Group will invest about UAH 2 billion (approx. US$50.5 million) in Ukrainian business, Ukrainska Pravda reported on April 24 citing Carlsberg Ukraine’s press service following the results of a meeting of Carlsberg Group’s CEO Jacob Aarup-Andersen with Ukrainian President Volodymyr Zelenskyy.

Carlsberg is one of the largest Danish investors in Ukraine, owns three breweries in the country and is one of the largest taxpayers, paying over UAH 3 billion (US$75.8 million) in taxes and fees annually.

"Your activity in the Ukrainian market is impressive. With your investments, you set an example for other partners and investors," Zelenskyy said during the meeting.

The president also expressed confidence that the cooperation between Ukraine and Denmark, based on mutual respect and common values, would develop further and grow stronger.

Aarup-Andersen also visited Kyiv brewery PJSC Carlsberg Ukraine, where a new production line was established last year, and expressed his gratitude to the Ukrainian counterparts for their resistance in the conditions of the war.

The press service of the company added that one of the key moments of the visit was signing the Memorandum on Deepening the Cooperation between Ukraine and Denmark, which opens new possibilities in such key sectors as trade, investments, energy, shipbuilding, and ...More info on site


Brewery news South Africa: Craft brewing market blossoms into a mature and vibrant industry
Over the past decade, South Africa has witnessed a remarkable transformation in its craft brewing scene, IOL reported on April 22.

Craft brewing is differentiated from high-volume beer manufacture through the products it offers, predominantly boutique in nature, offering a variety of flavours and using high quality ingredients to produce a premium product.

Craft brewers interpret traditional beer styles using innovative ingredients and techniques to develop new styles.

Importantly, craft brewers, are majority South African-owned and operated.

What started as a niche market has now blossomed into a mature and vibrant industry, reflecting not just a change in consumer preferences but also a deep-rooted cultural shift towards appreciation for quality, variety, and innovation in beer.

This maturation of the craft brewing market is a milestone in South Africa's beer industry, as it shows an increased appetite for local flavours, craftsmanship, and community engagement.

It also shows how embedded craft brewers have become in their local economies and have become vital employers and job creators.

With just over 200 craft breweries there is hardly a region in South Africa without its very own local brewer. Whether you find yourself at Zwakala Brewery in the forests of Magoebaskloof, or at the Kimberley Diamond Brewing Company, or in the Garden ...More info on site


Brewery news Russia: Russian government increases custom duty on beer imported from ‘unfriendly’ countries
The Russian government has increased the customs duty on beer imported from countries it considers "unfriendly," setting the new rate at approximately 11 cents per litre. Moscow says this move supports local beer producers. Meanwhile, a Russian politician has described this measure as a significant counter-sanction against Western countries, MSN.com reported on April 20.

The hike in the beer import duty, as reported by the state-run news agency TASS and citing the Ministry of Industry and Trade, raises the charge from 4 cents to about 11 cents per litre. "The decree also raises rates of customs duties on beer from unfriendly countries. In particular, the duty will grow from 0.04 euro at present to 0.1 euro per liter (10 eurocents). The share of these products in the general consumption structure is not above 5%," the statement detailed. The government officially endorsed this decision through a resolution.

In addition to beer, the tariffs on vermouth, sparkling wines, and other wines from these countries have been increased to 20 percent of the cost, but not less than $1.5 per litre, as disclosed by the independent newspaper Kommiersant.

Additionally, TASS revealed that import duties for certain goods, such as finished cocoa products, coats, wallpapers, and zippers ...More info on site


Brewery news Malaysia: Carlsberg Brewery Malaysia confirms beer price increases starting this month
Carlsberg Brewery Malaysia Bhd, the locally-listed unit of the Danish brewer, confirmed the price increases for its beer products starting this month, The Edge Malaysia reported on April 24.

The company’s priority is to preserve margin, Carlsberg Brewery Malaysia managing director Stefano Clini told at a press conference after the company’s annual general meeting. The last time the company raised the prices of its beers was in 2022, he noted.

“There was a price increase,” Clini said. “The details, however, we cannot talk about.”

Last month, The Petaling Jaya Coffeeshop Association chairman Keu Kok Meng said retailers received official notices of the price increases from Carlsberg and Dutch rival Heineken by around 5%.

Carlsberg’s full-year net profit was rose 5.11% to a record high of RM333.24 million in the financial year ended Dec 31, 2023 (FY2023) against RM317.05 million a year ago, mainly in the absence of the RM21.6 million prosperity tax incurred last year.

Full-year revenue however declined 6.28% to RM2.26 billion compared with RM2.41 billion in FY2022, dragged by lower sales on the back of softer market sentiment and inflationary pressures.

At 2.40pm, the share price of Carlsberg rose six sen or 0.3% to RM18.46, bringing the brewer a market capitalisation of RM5.64 billion.


Brewery news Montenegro: Montenegrin brewer Trebjesa records drop in net profit in 2023
Montenegrin brewer Trebjesa recorded a net profit of just under 550,000 euro ($533,900) in 2023, down from 1.3 million euro in 2022, local media reported.

The company’s revenue came in at 33 million euro last year, representing an increase of 11% on the previous year, media portal Investitor.me reported on April 22.

Trebjesa, based in Niksic, in central Montenegro, is part of North American brewing company Molson Coors and is the largest Montenegrin brewer. It had 212 employees at the end of last year, six fewer compared to 2022.

Molson Coors owns a license for the Niksic beer brand, which it produces in Apatin for the Serbian market and in Zagreb for the Croatian market, Investitor.me said.



BarleyBarley News Barley


Barley newsCanada: Plentiful barley supplies may pressure prices
Canadian barley supplies are likely to be burdensome in 2024-25, according to a market outlook published by the Saskatchewan Barley Development Commission.

Supplies are forecast ...More info on site


Barley newsCanada: 2023-24 barley supply, domestic use forecast to decline
For 2023-24, Canadian barley supply is estimated at 9.7 million tonnes (Mt), down 8% year-over-year and 6% below the previous five-year average. Total domestic ...More info on site


Barley news EU: Grain imports in 2023-24 decline by 23%
From the beginning of the current season to March 27, the EU countries imported 25.0 million tonnes of grain, which is 23% less than in the same period last season, UkrAgroConsult reported on April 24.

As in the previous season, the EU imports soft wheat, barley and corn mainly from Ukraine. In the current season, Ukraine supplied 5.1 mln tonnes of soft wheat, or 70% of the total imports of this crop, 9.1 mln tonnes of corn (67%) and 0.7 mln tonnes (48%) of barley. The largest supplier of durum wheat is Turkey – 700.2 thousand tonnes (34%).

Russia is among the main suppliers of wheat, barley, rye and sorghum to the European Union. From the beginning of the current season to March 27, the EU imported from Russia 437.1 thousand tonnes of durum wheat, 318.7 thousand tonnes of soft wheat, 273.0 thousand tonnes of corn, 181.5 thousand tonnes of rye, 59.1 thousand tonnes of barley and 2.3 thousand tonnes of sorghum.


Copyright © E-Malt s.a. 2024