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E-Malt.com Flash 01a
January 01 - January 05, 2025
Quote of the Week
Happy New Year! May the new year bring you boundless opportunities, growth, and memorable moments.
The E-malt.com Team
Currency Rates
Base Currency: Euro
on January 03, 2025 |
Base Currency: US Dollar
on January 03, 2025 |
| |
1 EUR = 1.0317 USD
1 EUR = 0.8288 GBP
1 EUR = 1.4858 CAD
1 EUR = 1.6617 AUD
1 EUR = 162.2250 JPY
1 EUR = 6.4435 BRL
1 EUR = 115.8840 RUB
1 EUR = 7.5299 CNY
|
|
1 USD = 0.9691 EUR
1 USD = 0.8032 GBP
1 USD = 1.4402 CAD
1 USD = 1.6105 AUD
1 USD = 157.2220 JPY
1 USD = 6.2454 BRL
1 USD = 112.3210 RUB
1 USD = 7.2984 CNY
|
Currency Rates Chart
Average Market Prices Change Trend
| January 03, 2025 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
245.00-247.00 |  |
| 6RW Malting Barley (FOB Creil) |
225.00-227.00 | |
Feed Barley (FOB Creil) |
201.00-203.00 | |
| 2RS Malt (FOB Antwerp) |
591.50-593.50 | |
| 6RW Malt (FOB Antwerp) |
567.00-569.00 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 | |
| 6RW Malting Barley (FOB Creil) |
238.00-240.00 | |
Feed Barley (FOB Creil) |
195.00-197.00 | |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | |
| 6RW Malt (FOB Antwerp) |
581.50-583.50 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
Russia: Putin transfers AB InBev’s Russian entity into temporary management
...Click here
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Vietnam: SABECO completes acquisition of local brewer Sabibeco Group
...Click here
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USA: Constellation Brands shares down as company awaits fateful decision on import tariffs
...Click here
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Vietnam: SABECO maintains strong financial foundation moving into 2025
...Click here
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Australia: Malting barley crop seen as sufficient to meet current demand scenario
...Click here
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Canada: Canadian crop 2024-25 estimated at 8.144 mln tonnes
...Click here
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Argentina: Barley crop forecast down on quality concerns
...Click here
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USA: Once a major crop, barley falls out of favor with US farmers
...Click here
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World: Social pressure puts barrier in front of non-alcoholic beer sales – Heineken study
...Click here
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The Czech Republic: More Czechs choosing alcohol-free beer nowadays
...Click here
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UK & USA: Scotch whisky distillers express fears over threat of “damaging” import tariffs in the US
...Click here
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Thailand: ThaiBev launches Thailand’s first Scotch whisky
...Click here
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Russia: Government establishes duty-free export tariff quotas for barley, other commodities in 2025
...Click here
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Graph of the week
Table of the week
World Hop Alpha Supply and Demand
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
01 January
1785 - "Daily Universal Register" (Times of London) publishes 1st issue
1842 - 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 - 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1994 - The North American Free Trade Agreement comes into effect
1995 - The World Trade Organization goes into effect
2015 - The Eurasian Economic Union comes into effect, creating a political and economic union between Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan
02 January
1882 - Because of anti-monopoly laws, Standard Oil is organized as a trust
1905 - Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey
1980 - With inflation raging, gold hits a record price of $850 per ounce
1986 - 191.66 million shares traded in New York Stock Exchange
2013 - Barack Obama signs the American Taxpayer Relief Act of 2012, intended to prevent the "fiscal cliff"
03 January
1911 - US postal savings bank inaugurated
1977 - Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1980 - Gold hits record $634 an ounce
2015 - 1st electric watch introduced, Lancaster PA
04 January
1960 - European Free Trade Association forms in Stockholm
1962 - 1st automated (unmanned) subway train (New York City NY)
2001 - Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever
05 January
1769 - Jean Baptiste Say, French economist is born
1828 - 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 - California Exchange opens
Agenda
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)
25 - 27: 109th International Brewing & Engineering Congress 2025 (Kulmbach, Germany)
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)
28 - 30: 27th Annual International Beer Strategies 2025 (Prague, the Czech Republic)
May 2025:
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
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)
22 - 23: Beervana 2025 (Wellington, New Zealand)
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)
November 2025:
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
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Brewery News
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Russia: Putin transfers AB InBev’s Russian entity into temporary management
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Russian President Vladimir Putin has transferred shares in AB InBev’s Russian entity into temporary management, according to a decree published on a Russian government
...More info on site
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Vietnam: SABECO completes acquisition of local brewer Sabibeco Group
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Ho Chi Minh City-based SABECO, controlled by Thai Beverage, has completed the acquisition of 37.8 million shares, or a 43.2% stake, in local brewer
...More info on site
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USA: Constellation Brands shares down as company awaits fateful decision on import tariffs
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Few major U.S. corporations would be as clearly affected by tariffs on Mexico as Constellation Brands, which sells the imported Modelo, Corona and Pacifico
...More info on site
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Vietnam: SABECO maintains strong financial foundation moving into 2025
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Saigon Beer-Alcohol-Beverage Corporation (SABECO) is not only maintaining a strong financial foundation moving into 2025, but is also expanding its socioeconomic activities to boost social circles and the environment, Vietnam Investment Review reported on January 2.
The company, known as SABECO, announced the closing of the shareholder list to pay cash dividends in 2024 at a rate of 20 per cent. The expected payment date is January 23, 2025.
A solid financial foundation has been a reliable factor that SABECO has consistently maintained through many business cycles and in 2024. This past year, the brewer focused its business resources on market development activities, including building brand and distribution strategies, consumption in line with consumer trends, restructuring the distribution system, increasing efficiency, and supporting control by channel and product segment.
At the same time, the company is maintaining its place in the domestic market while reaching out to the international market, promoting research and development to improve product quality and launch new product lines, and improving the efficiency of the supply chain throughout the SABECO system.
On top of that, the company has focused on reform to increase investment efficiency, reduce operating costs, and increase productivity; and developed modern trade channels and online sales channels,
...More info on site
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World: Social pressure puts barrier in front of non-alcoholic beer sales – Heineken study
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Most consumers say it is acceptable to have no- or low-alcohol drinks when they go out but some opt for alcohol anyway because of social pressure, according to research by Heineken and the University of Oxford, Financial Times reported on January 2.
The study, based on an Ipsos survey of 11,842 adults of a range of ages in the UK, US, Spain, Japan and Brazil, found that 68 per cent had tried no- or low-alcohol alternatives and 80 per cent believed that drinking them was more acceptable than it was five years ago.
Yet among those who drink alcohol at least once or twice a year, half said that on social occasions they “always” or “sometimes” drank alcohol despite intending to have low- or no-alcohol options.
“Reports from people suggesting that they want to try non-alcoholic versions of alcoholic drinks doesn’t necessarily always translate into increased sales,” said the report’s author, Charles Spence, professor of experimental psychology at the University of Oxford.
“Despite a heightened acceptance of non-alcohol drinkers . . . it is evident that people still do sometimes face social judgment from others concerning their choice of non-alcoholic drinks,” he added.
The research identified a number of challenges for the no- and low-alcohol drinks category, including the
...More info on site
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The Czech Republic: More Czechs choosing alcohol-free beer nowadays
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In a country known for its beer tradition, the rise of non-alcoholic beer is turning heads. More Czechs are choosing alcohol-free options, driven by health concerns and changing habits, with breweries responding to the growing demand. Even in pubs, non-alcoholic beer is becoming a staple on tap, Radio Prague reported on January 2.
"I decided to stop drinking alcohol two years ago, on August 14th. I know the exact date because since then I've been counting the days I haven't had alcohol," says Tomáš Hájek, a young man from Brno, the second city of Czechia.
This year, like last year, Tomáš spent New Year's Eve without alcohol. He began his abstinence after COVID. He realized he was drinking more at home than he wanted to. Now, he feels better:
"During the first two months, I lost about 8 kg. It also gave me much more energy and much better sleep."
He also enjoys alcohol-free alternatives, such as non-alcoholic champagne and non-alcoholic beer: "Non-alcoholic beers have definitely made great progress. There are many brands and beers that offer the same taste experience as alcoholic beer. What bothers me is that non-alcoholic beer costs more than alcoholic beer. I actually think it should be the other
...More info on site
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Barley News
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Australia: Malting barley crop seen as sufficient to meet current demand scenario
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The last portion of Australia’s east-coast harvest has endured persistent rain and this is raising concerns about the barley selectability for the last portion
...More info on site
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Canada: Canadian crop 2024-25 estimated at 8.144 mln tonnes
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For 2024-25, Canadian barley production is estimated at 8.144 million tonnes (Mt) by Statistics Canada (STC) in its December survey-based yield and production estimate
...More info on site
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USA: Once a major crop, barley falls out of favor with US farmers
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Barley, once a major U.S. cereal grains crop, largely has fallen out of favor with U.S. farmers, Echo Press reported on December 30.
U.S. harvested
...More info on site
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Argentina: Barley crop forecast down on quality concerns
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Wet conditions prevail across key barley areas in South America, starting with Brazil and Uruguay, and delaying the Argentine harvest but weather has now
...More info on site
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Russia: Government establishes duty-free export tariff quotas for barley, other commodities in 2025
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The Russian government has established tariff quotas for the duty-free export of wheat, barley, corn, sunflower oil and meal from Russia's four new regions to countries outside the Eurasian Economic Union (EAEU) for 2025, Interfax reported.
According to a resolution signed on December 26 and published on the official portal of legal information, the export quota for wheat, barley and corn is set at 150,000 tonnes for the Donetsk People's Republic, 140,000 tonnes for the Lugansk People's Republic, 1 million tonnes for the Zaporozhe region and 700,000 tonnes for the Kherson region.
A duty-free export quota for oilseed products has been set for the Zaporozhe region, at 25,000 tonnes for sunflower oil and 35,000 tonnes for sunflower meal.
The quota will be valid throughout the year, from January 1 to December 31, 2025.
The use of the tariff quota will require a one-time license issued by the Industry and Trade Ministry. The distribution of quotas has been assigned to the highest official of the respective Russian region.
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 Hops News
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USA: 2024 hops production down 16%
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United States’ hops production in 2024 totaled 87.1 million pounds, down 16 percent from the 2023 crop of 104 million pounds, the December 2024
...More info on site
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Whisky News
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UK & USA: Scotch whisky distillers express fears over threat of “damaging” import tariffs in the US
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Scotch whisky distillers have expressed their fears over the threat of “damaging” import tariffs being re-imposed on single malt across the Atlantic, The Herald reported on January 2.
President-elect Donald Trump has signalled the US will pursue protectionist trade policies when he returns to the White House this month, which is widely expected to mean the reintroduction of import tariffs in the whisky industry’s most lucrative export market.
Import tariffs introduced during the first Trump administration, which stemmed from a trade dispute between the US and European Union over aircraft subsidies, are estimated to have hit exports of single malt Scotch whisky to America by several hundred million pounds.
The UK Government appointed Lord Peter Mandelson a former minister for business and trade in the cabinets of Tony Blair and Gordon Brown, as ambassador to the US shortly before Christmas, ahead of what are expected to be contentious trade negotiations with the incoming President. The appointment of the highly experienced politician appears to illustrate the importance the UK is attaching to securing favourable trading terms with the US in the Trump era.
Speaking shortly before Christmas, Scottish Chambers of Commerce chief executive Liz Cameron highlighted the importance of the US economy to Scotland’s exporters
...More info on site
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Thailand: ThaiBev launches Thailand’s first Scotch whisky
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Beverage giant ThaiBev is embarking on an ambitious venture to create Thailand’s first premium single malt whisky that’s internationally recognised, and after over half a decade of hard work, the elixir of life is now available in three expressions, Khaosod English reported on December 28.
In mid-December, a number of selected guests, and members of the press, were invited to sample the three expressions of PRAKAAN single malt whisky paired with food at The House on Sathorn for a memorable evening.
Mr Prapakon Thongtheppairot, Chief Spirits Product Group of Thai Beverage Public Company Limited (ThaiBev), explained to the forty-or-so guests that PRAKAAN single malt, distilled with local spring water in Kamphaeng Phet province is about provenance, passion, and pride.
The Western Forest Complex, which includes the province of Kamphaeng Phet, sits near the distillery. It is considered the largest remaining forest track in mainland Southeast Asia and covers an area of 18,000 square kilometres. (for comparison, the island of Phuket is 543 square kilometres, while Singapore is 750 square kilometres, and Bangkok 1,569 square kilometres).
This is where PRAKAAN (which means a fort, alluding to the fortification of the ancient city and reflected in the red-brick walls of its distillery, derived its name from.)
Prapakon
...More info on site
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