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E-Malt.com Flash 44b
October 31 - November 03, 2024
Quote of the Week
I can accept failure, everyone fails at something. But I can't accept not trying.
Michael Jordan
Currency Rates
Base Currency: Euro
on November 01, 2024 |
Base Currency: US Dollar
on November 01, 2024 |
| |
1 EUR = 1.0863 USD
1 EUR = 0.8399 GBP
1 EUR = 1.5119 CAD
1 EUR = 1.6534 AUD
1 EUR = 165.7290 JPY
1 EUR = 6.2695 BRL
1 EUR = 105.5730 RUB
1 EUR = 7.7318 CNY
|
|
1 USD = 0.9204 EUR
1 USD = 0.7732 GBP
1 USD = 1.3918 CAD
1 USD = 1.5219 AUD
1 USD = 152.5470 JPY
1 USD = 5.7715 BRL
1 USD = 97.1866 RUB
1 USD = 7.1176 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 01, 2024 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
245.00-247.00 |  1.23% |
| 6RW Malting Barley (FOB Creil) |
231.00-233.00 |  |
Feed Barley (FOB Creil) |
185.00-187.00 |  0.53% |
| 2RS Malt (FOB Antwerp) |
591.00-593.00 | 0.72% |
| 6RW Malt (FOB Antwerp) |
573.50-575.50 | 0.10% |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 | |
| 6RW Malting Barley (FOB Creil) |
240.00-242.00 | 0.82% |
Feed Barley (FOB Creil) |
197.00-199.00 | |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | |
| 6RW Malt (FOB Antwerp) |
584.00-586.00 | 0.42% |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
227.50-229.50 | 2.09% |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: AB InBev’s third quarter profits, revenues, volumes all well behind forecasts
...Click here
|
|
World: Carlsberg’s volumes fall in Q3 on poor summer weather across Europe
...Click here
|
|
Brazil: Ambev shares trading lower as quarterly sales miss analysts estimates
...Click here
|
|
China: Beer market will likely decline again in 2025, Carlsberg CEO
...Click here
|
|
Brazil: Beer industry growing both in production volume and technological innovation
...Click here
|
UK: Asahi to fund research into sustainable solutions to protect British beer hops
...Click here
|
|
Argentina: Quilmes produces the first gluten-free beer in the country
...Click here
|
|
Vietnam: ThaiBev’s Vietnamese subsidiary fined for selling beer to North Korea
...Click here
|
Graph of the week
Table of the week
EU Barley Supply & Demand Forecast
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
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
02 November
1927 - John Sainsbury was born, Chairman of J Sainsbury plc (the parent company of Sainsbury's Supermarkets Ltd) since 1969; English billionaire
1928 - Dupont introduces synthetic rubber
1992 - 1st test flight of Airbus A330
03 November
1898 - 1st US automobile show opens at Madison Square Garden (NYC)
1929 - 1st commercially produced synthetic rubber manufactured
1971 - The microprocessor is officially born as Intel introduces its new 4004 chip, invented by Ted Hoff and Federico Faggin
2014 - One World Trade Center officially opens
Agenda
November 2024:
22 - 22: Drink Japan 2024 (Makuhari Messe, Japan)
26 - 28: Brau Beviale 2024 (Nuremberg, Germany)
February 2025:
06 - 07: Glug Swiss 2025 (Alte Reithalle, Aarau, Switzerland)
07 - 10: HoReCa 2025 (Athens, Greece)
12 - 15: Great British Beer Festival Winter 2025 (Magna Science Adventure Centre, Rotherham, UK)
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)
12 - 15: Festival Brasileiro da Cerveja 2025 (Blumenau, Brazil)
19 - 20: BeerX 2025 (Liverpool, UK)
25 - 27: Expo Antad & Alimentaria Mexico 2025 (Expo Guadalajara, Jalisco, Mexico)
April 2025:
03 - 05: Warsaw Beer Festival 2025 (Warsaw, Poland)
06 - 08: Planete Biere 2025 (Paris, France)
06 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
10 - 12: KIBEX 2025 (Seoul, South Korea)
11 - 12: InnBrew 2025 (Barcelona, Spain)
15 - 17: Craft Beer China 2025 (Shanghai, China)
28 - 01 May: Craft Brewers Conference & BrewExpo America 2025 (Indianapolis, USA)
May 2025:
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
September 2025:
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
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Brewery News
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|
World: AB InBev’s third quarter profits, revenues, volumes all well behind forecasts
|
|
Anheuser-Busch InBev on October 31 reported third quarter profits, revenues and volumes all well behind forecasts, as the top brewer sold less beer in
...More info on site
|
|
World: Carlsberg’s volumes fall in Q3 on poor summer weather across Europe
|
|
Carlsberg A/S said on October 31 that volumes fell in the third quarter, as poor summer weather across Europe and a consumer downturn in
...More info on site
|
|
Brazil: Ambev shares trading lower as quarterly sales miss analysts estimates
|
Ambev shares are trading lower on October 31.
The company reported third quarter earnings per share of 4 cents, in line with the street view.
...More info on site
|
|
China: Beer market will likely decline again in 2025, Carlsberg CEO
|
China’s beer market will likely decline again in 2025, Carlsberg CEO Jacob Aarup-Andersen was quoted as saying by Yahoo Finance.
Beer volumes in China fell
...More info on site
|
|
Brazil: Beer industry growing both in production volume and technological innovation
|
|
The Brazilian beer industry is growing both in production volume and technological innovation. This growth is driven by large companies as well as a
...More info on site
|
|
Argentina: Quilmes produces the first gluten-free beer in the country
|
Quilmes is preparing to start the production of the first gluten-free beer in Argentina: after a lengthy negotiation with Michelob Ultra, the company aims to create a new market in the country, FreshlyBottled.com reported on October 22.
With an investment of 4.5 million euros and nearly two years of negotiations, the company has confirmed that it will begin producing and marketing Michelob Ultra gluten-free beer, which will be brewed at the Acheral plant in the province of Tucumán in northern Argentina. To achieve this, the brewery modified its facility and met a series of requirements to certify that the entire production process is free from gluten.
"We have wanted to implement this technology for many years, because one of the barriers to the development of the category is people who do not consume gluten. And it is not just those who have celiac disease, but there are many people interested in reducing the amount of gluten," said Eugenio Raffo, vice president of Marketing at Cervecería Y Maltería Quilmes (CMQ), in a statement.
While this will be the first gluten-free beer in the country, AB InBev, owner of CMQ, already produces gluten-free beer under the Stella Artois brand in Chile and Uruguay,
...More info on site
|
|
Vietnam: ThaiBev’s Vietnamese subsidiary fined for selling beer to North Korea
|
ThaiBev’s Vietnamese subsidiary is fined US$860,000 by US authorities for breaching US sanctions, Asia Brewers Network reported on October 28.
The Vietnam Beverage Company Limited (VBCL) has agreed to pay a US$860,000 fine to settle alleged violations of US sanctions, according to the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC). VBCL is a subsidiary of ThaiBev, and is a majority shareholder in Sabeco, Vietnam’s largest brewer and producer of Saigon Special, Saigon Lager, Beer 333 and Lac Viet Beer.
According to the OFAC, VBCL allegedly generated more than US$1 million in sales from beer and spirits exports to North Korea. Between January 2016 and September 2018, the company allegedly issued nearly 50 invoices to North Korean-owned entities. Payments were then made in US dollars through third-party intermediaries based in Hong Kong, China, Turkey, Singapore and the Seychelles.
The transactions triggered sanctions violations under U.S. law, as financial dealings with North Korea are tightly restricted.
Despite the seriousness of the infractions, VBCL avoided a much higher penalty. Initially, the OFAC indicated that the company could have faced fines exceeding US$16 million. However, the final penalty was reduced due to several mitigating factors, including VBCL’s voluntary cooperation, improvements in compliance procedures, and changes
...More info on site
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Hops News
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UK: Asahi to fund research into sustainable solutions to protect British beer hops
|
|
Asahi UK has announced it will fund PhD research into the development of sustainable solutions to protect British beer hops, The Drinks Business reported
...More info on site
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