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E-Malt.com Flash 13a
March 23 - March 25, 2026
Quote of the Week
Failure is not the opposite of success; it is a stepping stone towards it.
Sundar Pichai
Currency Rates
Base Currency: Euro
on March 25, 2026 |
Base Currency: US Dollar
on March 25, 2026 |
| |
1 EUR = 1.1589 USD
1 EUR = 0.8650 GBP
1 EUR = 1.5939 CAD
1 EUR = 1.6618 AUD
1 EUR = 183.9580 JPY
1 EUR = 6.0774 BRL
1 EUR = 93.8948 RUB
1 EUR = 7.9821 CNY
|
|
1 USD = 0.8627 EUR
1 USD = 0.7463 GBP
1 USD = 1.3753 CAD
1 USD = 1.4339 AUD
1 USD = 158.7220 JPY
1 USD = 5.2440 BRL
1 USD = 81.0180 RUB
1 USD = 6.8874 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 25, 2026 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
196.00-198.00 |  1.55% |
| 6RW Malting Barley (FOB Creil) |
193.00-195.00 | 0.52% |
Feed Barley (FOB Creil) |
186.00-188.00 |  1.58% |
| 2RS Malt (FOB Antwerp) |
533.00-535.00 | 0.70% |
| 6RW Malt (FOB Antwerp) |
529.00-531.00 | 0.23% |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
222.00-224.00 | 2.19% |
| 6RW Malting Barley (FOB Creil) |
205.00-207.00 | 2.83% |
Feed Barley (FOB Creil) |
193.00-195.00 | 3.00% |
| 2RS Malt (FOB Antwerp) |
562.00-564.00 | 1.08% |
| 6RW Malt (FOB Antwerp) |
541.00-543.00 | 1.34% |
German Malting Barley
Crop 2025
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: Brewers search for global growth opportunities
...Click here
|
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China: China Resources Beer reports sharp decline in 2025 net profit
...Click here
|
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South Korea: Hite Jinro’s beer business records sharp increase in beer business impairment losses
...Click here
|
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Singapore: Heineken’s Asia Pacific Breweries to close down large-scale brewing operations in Singapore
...Click here
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Canada: Barley ending stocks forecast slightly down with crop expected to drop to 9 mln tonnes
...Click here
|
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Argentina: Softening of prices predicted for both feed and malting barley
...Click here
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USA: Beer tax break for American brewers acts like a tariff on foreign-made beer
...Click here
|
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India: Indian brewers warn of price increases as gas shortage drives up cost of glass bottles and delays aluminium imports
...Click here
|
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South Korea: Korea's imports of Japanese beer hit an all-time high of 119.2 billion won
...Click here
|
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South Korea: Brewer Hite Jinro changing its head for the first time in 14 years
...Click here
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Graph of the week
Table of the week
Argentina Malt Exports 2019 - 2025
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%
24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service
25 March
1814 - Netherlands Bank established
1954 - RCA manufactures 1st color TV set (12 1/2'' screen at $1,000)
1957 - Treaty of Rome establishes European Economic Community (Common Market)
1970 - Concorde makes its 1st supersonic flight (700 MPH/1,127 KPH)
Agenda
March 2026:
24 - 26: RMI Global Conference 2026 (Lisbon, Portugal)
24 - 26: 110th International Brewing & Engineering Conference 2026 (Erding, Germany)
26 - 28: Warsaw Beer Festival 2026 (Warsaw, Poland)
April 2026:
07 - 09: Craft Beer China 2026 (Shanghai, China)
10 - 11: InnBrew 2026 (Barcelona, Spain)
10 - 12: Barcelona Beer Festival 2026 (Barcelona, Spain)
16 - 18: KIBEX 2026 (Seoul, South Korea)
20 - 22: Craft Brewers Conference & BrewExpo America 2026 (Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
22 - 22: World Beer Cup 2026 (Pennsylvania Convention Center, Philadelphia, USA)
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
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Brewery News
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World: Brewers search for global growth opportunities
|
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The beer industry has seen consistent declines in volumes across the US and Western Europe. Drinkers are turning away from beer in favour of
...More info on site
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China: China Resources Beer reports sharp decline in 2025 net profit
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China Resources Beer reported a sharp decline in 2025 net profit, amid a volatile consumer environment.
Net profit fell about 29% to 3.37 billon yuan,
...More info on site
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South Korea: Hite Jinro’s beer business records sharp increase in beer business impairment losses
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South Korea’s Hite Jinro has recorded a sharp increase in impairment losses in its beer business, with the size of the impairment more than
...More info on site
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Singapore: Heineken’s Asia Pacific Breweries to close down large-scale brewing operations in Singapore
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Asia Pacific Breweries Singapore (APBS), a wholly owned subsidiary of Heineken, will closing down large-scale brewing operations in Singapore over the next two years,
...More info on site
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USA: Beer tax break for American brewers acts like a tariff on foreign-made beer
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Support for a proposal to reduce the excise tax on American-made beer but not on foreign-made beer provides an interesting juxtaposition on the tariff debate, The Sentinel reported on March 24.
One of the main arguments against the United States imposing tariffs is that other countries retaliate with their own tariffs, which impacts exports of American-made goods. One could argue that reducing the excise tax on American-made beer is the same as imposing a tariff on foreign-made beer, but in this case, some American companies support the tariff-like legislation.
The Kansas excise tax on American-made beer and cereal malt beverages would be reduced from $0.18/gallon to $0.06/gallon under House Bill 2714, which was debated in the House Committee on Taxation. The gallonage tax of $0.18 would remain on foreign imports of the beverages.
Among supporters of the legislation was Adam Kazda with Anheuser-Busch, who saw the bill as “leveling the playing field” for American breweries:
“America’s beer production is shifting rapidly to Mexico. And with alarming consequences for our economy and communities. Over the last 20 years, the percentage of beer imported into America has more than doubled. Growing from 11% to 24%. Of those beers imported, 80% originated from Mexico, where beer is
...More info on site
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India: Indian brewers warn of price increases as gas shortage drives up cost of glass bottles and delays aluminium imports
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Global brewers operating in India are warning of price increases and supply disruptions as a shortage of gas due to the Iran war drives up the cost of glass bottles and shipping delays hit imports of aluminium needed by can makers, The Deccan Herald reported on March 24.
India is especially vulnerable to fuel availability as the world's fourth-largest importer of natural gas, relying heavily on the Middle East for shipments, sourcing about 40 per cent of its supply from Qatar.
Iranian attacks have partially disrupted Qatar's export capacity, tightening gas availability for Indian manufacturers.
The Brewers Association of India, representing global brewers Heineken, Anheuser-Busch InBev and Carlsberg told Reuters that glass bottle prices have surged around 20 per cent, paper carton rates have doubled as well as other packaging materials such as labels and tape.
Gas is essential to keeping furnaces and production lines running, and shortages have forced several glass bottle makers to partially or fully halt operations. Aluminium can suppliers have also warned of possible reductions just as India heads into its peak summer season, when beer sales typically rise.
"We are asking for price increases in the range of 12-15 per cent," the association's director general Vinod Giri told
...More info on site
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South Korea: Korea's imports of Japanese beer hit an all-time high of 119.2 billion won
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Driven by younger consumers who focus on what they buy rather than past grievances between Korea and Japan, Korea's imports of Japanese beer hit an all-time high of 119.2 billion won ($78.94 million) last year. The record surge suggests the 2019 ‘No Japan’ boycott has faded amid a thaw in relations and a sharp rise in tourism, the Korea Times reported on March 24.
The shift is evident at the retail level. When Sapporo Beer opened its first official outlet in Korea in Seongsu, eastern Seoul, last December, the venue was crowded with visitors. Younger consumers willingly paid 9,000 won for a glass — 30 to 60 percent higher than domestic options and nearly twice the price of some Korean beers.
"The foam is soft and the mouthfeel is different," a woman in her 30s who visited the store with a friend said.
A man in his 20s agreed, noting the appeal. "Japanese beer has a premium feel," he said. "When I want something different from what I usually drink, Japanese beer is my first choice."
The current boom stands in sharp contrast to recent years. In 2018, Japan exported 12.5 billion yen (about 118.2 billion won) worth of beer to Korea. Exports then
...More info on site
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South Korea: Brewer Hite Jinro changing its head for the first time in 14 years
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Hite Jinro is recovering its performance by changing its head for the first time in 14 years while improving its constitution, Maeil Business Newspaper reported on March 23.
Hite Jinro has reorganized its leadership by appointing Vice President Jang In-seop as its CEO at the end of last year. CEO Jang, who joined Jinro in 1995, is an "orthodox Hite Jinro Man" who has worked in key management departments such as strategy, law, policy, logistics, external cooperation, and communication. As he is evaluated as a management expert who has overseen finance and strategy, he has the task of showing performance through organizational stability and profitability improvement.
According to the industry, Hite Jinro's sales last year were KRW 2.4986 trillion and operating profit was KRW 172.1 billion, down 3.9% and 17.3% from the previous year, respectively. Hite Jinro, the No. 1 liquor market in Korea, failed to avoid the impact of slowing business conditions. Last year, the soju market remained overwhelmingly No. 1 with 69%, but the shrinking market itself led to a decline in performance. It is analyzed that high prices and economic downturn have reduced alcohol consumption and weakened excessive drinking culture as in the past.
The size of the domestic liquor
...More info on site
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Barley News
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Canada: Barley ending stocks forecast slightly down with crop expected to drop to 9 mln tonnes
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A drop in Canada barley crop’26 forecast to 9.0 mln tonnes and slightly higher domestic feed barley demand reduce the forecast for ending stocks
...More info on site
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Argentina: Softening of prices predicted for both feed and malting barley
|
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Feed barley prices in Argentina continue to show underlying strength relative to malting barley, which aligns with the similar trend impacting most major barley
...More info on site
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