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E-Malt.com NewsLetter
Flash Summary

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 Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles

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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.

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E-Malt.com Flash 07a
February 11 - February 13, 2019

Quote of the Week

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Currency Rates

Base Currency: Euro
on February 13, 2019
Base Currency: US Dollar
on February 13, 2019
      1 EUR = 1.1297 USD
1 EUR = 0.8774 GBP
1 EUR = 1.4987 CAD
1 EUR = 1.5942 AUD
1 EUR = 124.8300 JPY
1 EUR = 4.2200 BRL
1 EUR = 74.2458 RUB
1 EUR = 7.6534 CNY
      1 USD = 0.8851 EUR
1 USD = 0.7767 GBP
1 USD = 1.3267 CAD
1 USD = 1.4111 AUD
1 USD = 110.5000 JPY
1 USD = 3.7356 BRL
1 USD = 65.7237 RUB
1 USD = 6.7750 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

February 13, 2019
French Barley/Malt
Crop 2018
2RS Malting Barley (FOB Creil) 190.50-192.50 down1.03%
6RW Malting Barley (FOB Creil) 186.00-188.00 down0.53%
2RS Malt (FOB Antwerp) 391.00-393.00 down0.62%
6RW Malt (FOB Antwerp) 385.50-387.50 down0.32%
Feed Barley (FOB Creil) 183.00-185.00down1.08%
French Barley/Malt
Crop 2019
2RS Malting Barley (FOB Creil) 188.50-190.50 down0.53%
6RW Malting Barley (FOB Creil) 179.00-181.00 down0.55%
2RS Malt (FOB Antwerp) 386.00-388.00 down0.32%
6RW Malt (FOB Antwerp) 374.50-376.50 down0.33%
German Malting Barley
Crop 2018
Ex Farm
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
Malting Barley (East) 1,564.00-1,566.00 down0.63%
Malting Barley (West) 1,564.00-1,566.00 down0.63%
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm
Malting Barley (East) 1,304.00-1,306.00 down0.76%
Malting Barley (West) 1,304.00-1,306.00 down0.76%
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news World: Heineken achieves beer sales increase across all regions last year ...Click here
Brewery news UK: Beer sales across on and off-trade grow 2.6% last year ...Click here
Brewery news World: Molson Coors reports 2018 results ...Click here
Brewery news Vietnam: Habeco’s profits drop 23% in 2018 ...Click here

Whisky news UK: Whisky exports increase 3.6% in volume last year ...Click here

More Industry News

Brewery news World: Molson Coors Brewing Co to restate financial reports for 2016 and 2017 due to accounting errors ...Click here
Brewery news USA: Alcohol producers fight to save expiring tax breaks ...Click here
Brewery news India: Craft brewer B9 Beverages almost doubles losses in FY2018 ...Click here
Brewery news Nigeria: Big brewers competing for Nigerian consumers ...Click here
Brewery news Zimbabwe: Government reported to be subsidizing beer in Zimbabwe ...Click here
Brewery news UK: Carlsberg UK to launch a “new, better: Carlsberg Danish Pilsner ...Click here

Graph of the week

Table of the week

World Use of Hops and Hop Products 1997 - 2018s

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


20 years ago, the International Hop Standards Committee (IHSC) was founded to take care of the production, release and maintenance of HPLC calibration standards for use in the quantitative determination of various bitter components in hops, hop products and in beer. The new standard for humulinones was prepared with the help of John Paul Maye, Bob Smith and Jeremy Leker. The validation procedure included a collaborative HPLC study in which the prospective new standard was crosschecked against a high purity, DCHA-humulinones standard. So go ahead and find your humulinones.


Biendl, M, Forster, B.: New International Calibration Standards, Brewing Science Sep/Oct 2018
Read more

Source: Barth Innovations

These Days in Business History

11 February
1809 - Robert Fulton patents steamboat
1826 - London University founded
1987 - British Airways begins trading stocks

12 February
1809 - Charles Darwin, England, discovered evolution
1877 - 1st news dispatch by telephone, between Boston & Salem
1998 - Intel unveils its 1st graphics chip i740

13 February
1741 - Andrew Bedford publishes 1st American magazine (American Magazine)
1895 - Moving picture projector patented
1980 - Apollo Computer Inc incorporated
2004 - The Harvard-Smithsonian Center for Astrophysics announces the discovery of the universe's largest known diamond, white dwarf star BPM 37093


February 2019:
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)

March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)

April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)

May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)

June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)

July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)

August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)

September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)

October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)

November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)

December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com

BreweryBrewery News Brewery

Brewery newsWorld: Heineken achieves beer sales increase across all regions last year
Dutch brewer Heineken, the maker of Europe’s top-selling lager, has announced that beer sales increased across all regions in its 2018 earnings report.

Net revenue ...More info on site

Brewery newsUK: Beer sales across on and off-trade grow 2.6% last year
Sales of beer in UK’s pubs saw a rise of 2.2% in the last quarter of 2018, however, this increase was lower than the ...More info on site

Brewery news World: Molson Coors reports 2018 results
Molson Coors Brewing Company reported on February 12 its results for the 2018 full year and fourth quarter.

Molson Coors president and chief executive officer Mark Hunter said:

"We accomplished much in 2018, delivering strong free cash flow and meeting our deleverage commitments, restoring underlying EBITDA growth in the quarter and second half, premiumizing our portfolio across regions including launching Truss our Canadian cannabis beverage JV, scaling volume and profitability in our fast growing International business and continuing to strengthen our European business. Through the year we further scaled our cost saving program which insulated us in part from the effects of weaker industry demand in North America, higher than anticipated input inflationary pressures and challenges associated with the implementation of our U.S. brewery supply chain system."

Mark continued, "We enter 2019 with a U.S. commercial plan focused on mix and share improvement that is fully resourced and showing early signs of impact against Coors Light, a commercial strategy that is working in Europe and International and continually improving commercial trends in Canada. We are focused on further strong free cash flow delivery and deleverage supported by more than $200 million of cost savings in 2019 and further $450 million across 2020 ...More info on site

Brewery newsVietnam: Habeco’s profits drop 23% in 2018
Habeco’s profits fell by 23 percent last year to VND667 billion ($28.71 million), the fourth straight year of decline, the Retail News Asia reported ...More info on site

Brewery news World: Molson Coors Brewing Co to restate financial reports for 2016 and 2017 due to accounting errors
Molson Coors Brewing Co said on Feburary 12 it would restate its financial statements for fiscal years 2016 and 2017 after auditors found accounting errors for income taxes related to deferred tax liabilities, Reuters reported on February 12.

The errors originated from its acquisition of remaining 58 percent stake in MillerCoors LLC in 2016, the company said in a filing with regulators, adding that its impact will not be material.

After restating, the financial results for fiscal 2016 will reflect an increase in Molson Coors’ deferred tax liabilities and deferred tax expenses by $399.1 million, which in turn will pull down its net income and earnings per share.

For fiscal 2017, the restatements will reflect a reduction to deferred tax liabilities and deferred tax expense of $151.4 million, and a corresponding increase in net income and earnings per share.

Separately, the beer company also reported lower-than-expected quarterly sales for the fourth quarter, sending its shares down about 6.5 percent to $61.16 in early trading.

Brewery news USA: Alcohol producers fight to save expiring tax breaks
A coalition of alcohol producers, including Anheuser-Busch and MillerCoors, are turning up the heat on Congress to make permanent new tax cuts they won as part of the 2017 tax overhaul, Bloomberg Tax reported on February 11.

The 2017 law gave beer, wine, and spirits producers a two-year federal excise tax reduction worth $4.2 billion—with the deepest cuts going to small domestic brewers, whose tax rates were halved to $3.50 from $7 per barrel on the first 60,000 barrels.

The benefit is set to expire at the end of 2019, and brewers, cider makers, vintners, and distilleries are intent on maintaining it.

“Now it’s our time to go back up to the Hill and show them this was a great idea,” said Jim McGreevy, president and CEO of the Beer Institute, which represents both large and small brewers.

At the very least, the coalition—which includes other trade groups like the Brewers Association, WineAmerica, the Wine Institute, the Distilled Spirits Council, the American Craft Spirits Association, and the U.S. Association of Cider Makers—want the tax breaks extended.

But the industry prefers that they be made permanent, so producers have the certainty for making long-term business decisions.

President Donald Trump’s trade policies have added a level of ...More info on site

Brewery news India: Craft brewer B9 Beverages almost doubles losses in FY2018
B9 Beverages, the maker of Bira craft beer, almost doubled its losses to Rs 101 crore in FY18 as it bolstered nationwide marketing to boost sales five-fold in a crowded market dominated by mainstream brands such as Carlsberg and UB’s Kingfisher, the Economic Times reported on February 12.

Sales at B9 Beverages climbed to Rs 161 crore from Rs 32 crore in FY17, in which the company had reported a net loss of Rs 55 crore, data sourced from research platform Veratech showed.

Since its launch about four years ago, the company has managed about a 5% share in key markets despite the dominance of Kingfisher, AB Inbev’s Corona and Budweiser, and Carlsberg, which together control 80%.

“We expect to break even in India business in FY21," said Ankur Jain, founder of B9 Beverages that raised $50 million from Brussels-based investment firm Sofina a year ago.

The beer segment expanded 6% to 2771.5 million litres in 2018, according to GlobalData forecast. But India still favours strong beer brands that have an 80% share, and global companies have been producing stronger variants of their flagship beer brands, a segment where Bira has no presence at all.

B9 sells in a dozen ...More info on site

Brewery news Nigeria: Big brewers competing for Nigerian consumers
Gigantic billboards advertising beer now dominate the skyline of Nigeria's megacity, Lagos, signalling the escalating battle between multinational brewers for drinkers in Africa's most populous country, the Daily Nation reported on February 10.

So far it's a largely untapped market, with Nigerians consuming on average just nine litres (around 16 British pints) of beer a year, well below South Africans' 57 litres, according to market research firm Euromonitor.

But with more than half of Nigeria's 190 million people aged under 30 — and the population expected to grow to 410 million by 2050 — the world's biggest beer companies are looking to elbow in.

For years, Nigerian Breweries has dominated the sector with brands including Gulder, Star and top-of-the-range Heineken.

However its iron grip on the market is under threat from mega-brewer Anheuser-Busch InBev.

It recently opened a new factory outside Lagos and launched Budweiser to face off against Heineken, in a fierce contest for millennial drinkers being played out across Africa.

Promotions have become an arms race among the beer companies as they host concerts, fashion weeks and boat parties to win over customers.

Restaurant and club owners say they are being courted by the beer companies with unprecedented amounts of cash.

"The big guys started noticing ...More info on site

Brewery news Zimbabwe: Government reported to be subsidizing beer in Zimbabwe
The permanent secretary in the Ministry of Finance, George Guvamatanga, reportedly questioned in a meeting of Heads of Ministries, why the government subsidizes beer in Zimbabwe, the Pindula News reported on February 10.

The information was provided by Nick Managwana, the Information Ministry perm sec through his Twitter account.

Guvamatanga, who is also the former Barclays Zimbabwe managing director, apparently called for unpopular decisions to be made by the government.

Mangwana reiterated on his Twitter that these are not direct subsidies for Delta Beverages’ products but procurement subsidies for ingredients used in the production of beer products.

Brewery news UK: Carlsberg UK to launch a “new, better: Carlsberg Danish Pilsner
Carlsberg UK is set to launch a “new, better” Carlsberg Danish Pilsner variant, in a move designed to “improve the consumer drinking experience and minimise its environmental impact”, the Talking Retail reported on February 12.

The variant will be available from 1 March in:

Small packs – 6x330ml snap pack cans, 4x500ml cans, 4x568ml cans and 4x330ml bottles

Medium packs – 10x330ml cans, 15x330ml cans and 12x330ml bottles

Large packs –18x440ml cans and new 18x330ml bottle packs

The new formula will have the same 3.8% ABV but has been “re-brewed from head to hop to deliver a smoother, fuller mouth-feel and a perfect balance of bitterness and sweetness”.

The new packs will feature a new font, a cap that removes oxygen from the bottles and environmentally friendly ink.

The launch will be supported by a multi-million pound investment including a TV, digital and out-of-home advertising campaign running from April.

Consumer research from Carlsberg found that the new Danish Pilsner has driven a significant shift in perceptions, with 68% of UK lager drinkers suggesting they prefer the taste of Carlsberg Pilsner to the current UK number one mainstream lager.

It said the preference for pilsner was most significant among younger and more affluent consumers.

Liam Newton, vice president of marketing at ...More info on site

WhiskyWhisky News Whisky

Whisky newsUK: Whisky exports increase 3.6% in volume last year
Whisky exports grew by 3.6% in volume last year to the equivalent of 1.28 billion 70cl bottles – worth a record £4.7 billion, the ...More info on site

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