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Flash Summary
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E-Malt.com Flash 35a
August 26 - August 28, 2019
Quote of the Week
Life is 10% what happens to you and 90% how you react to it.
Charles R. Swindoll
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Currency Rates
Base Currency: Euro
on August 28, 2019 |
Base Currency: US Dollar
on August 28, 2019 |
| |
1 EUR = 1.1099 USD
1 EUR = 0.9053 GBP
1 EUR = 1.4712 CAD
1 EUR = 1.6421 AUD
1 EUR = 117.4100 JPY
1 EUR = 4.6024 BRL
1 EUR = 73.6092 RUB
1 EUR = 7.9463 CNY
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1 USD = 0.9009 EUR
1 USD = 0.8156 GBP
1 USD = 1.3255 CAD
1 USD = 1.4794 AUD
1 USD = 105.7800 JPY
1 USD = 4.1467 BRL
1 USD = 66.3211 RUB
1 USD = 7.1595 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 28, 2019 |
French Barley/Malt
Crop 2019
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
164.50-166.50 |  0.60% |
| 6RW Malting Barley (FOB Creil) |
159.00-161.00 | 0.62% |
| Feed Barley (FOB Creil) |
152.00-154.00 |  0.66% |
| 2RS Malt (FOB Antwerp) |
356.50-358.50 | 0.34% |
| 6RW Malt (FOB Antwerp) |
350.00-352.00 | 0.35% |
German Malting Barley
Crop 2019
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2019
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
nq | |
| Malting Barley (West) |
nq | |
 No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Australia: Japan’s Kirin and Asahi to battle for market leadership in Australia
...Click here
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Vietnam: Sabeco to pay every shareholder VND1,500 per share for 2018 dividend plan
...Click here
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Latvia: Craft beer accounts for 26.4% of total beer production in H1 2019
...Click here
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World: Global supply of barley increasing at CAGR of 3.05% over four years
...Click here
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South Korea: Diageo to stop production at Icheon plant due to waning demand
...Click here
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UK: Sales of UK manufactured beer hit their lowest in 2018
...Click here
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Australia: Australian Competition and Consumer Commission assessing Asahi’s purchase of Carlton & United Breweries
...Click here
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India: United Breweries signs contract for 66 thousand tonnes of barley from Argentina – company source
...Click here
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Australia & the Philippines: Philippine market could represent opportunities for Australia’s wheat, barley shipments
...Click here
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Malaysia: Carlsberg Brewery Malaysia Bhd managing director resigns after just four months in the position
...Click here
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Portugal: Supermarket chain Mercadona adds two new blonde beer brands to its assortment
...Click here
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Graph of the week
Table of the week
EU Hops and Alpha Acid Production 2017-2018
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
26 August
1541 - Turkish sultan Suleiman occupies Budapest and annexes Hungary
1843 - Charles Thurber patents a typewriter
1880 - Guillaume Apollinaire was born, poet/movie critic (Alcoola)
27 August
1910 - Mother Teresa was born (Agnes Gonxha Bojaxhiu), Yugoslavia, Nobel 1979
1950 - 1st transmission of a TV program from continental Europe shown on BBC
1965 - Le Corbusier, (Charles Jeanneret), Swiss/French architect, dies at 77
28 August
1565 - Oldest city in the US, St Augustine Fla, established
1828 - Lev Tolstoi was born, Russian writer (War & Peace, Anna Karenina) [OS]
1963 - Martin Luther King Jr's "I have a dream" speech held at Lincoln Memorial
Agenda
August 2019:
26 - 31: Copa Cervezas de America 2019 (Valparaiso, Chile)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
17 - 19: 10th Iberoamerican VLB Symposium Brewing & Filling Technology 2019 (Guadalajara, Mexico)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
26 - 28: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
October 2019:
03 - 05: Stockholm Beer & Whisky Festival 2019 (Stockholm, Sweden)
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
29 - 13 November: World Beer Cup 2020 (USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
27 - 29: Drink Japan 2019 (Makuhari Messe, Japan)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
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Brewery News
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Australia: Japan’s Kirin and Asahi to battle for market leadership in Australia
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With the acquisition of a leading Australian beer brewer, Asahi Group Holdings Ltd. will battle with Kirin Holdings Co., a Japanese industry peer and
...More info on site
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Vietnam: Sabeco to pay every shareholder VND1,500 per share for 2018 dividend plan
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The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) will pay every shareholder VNĐ1,500 (US$0.06) per share, or a 15 per cent cash dividend rate, to complete its
...More info on site
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Latvia: Craft beer accounts for 26.4% of total beer production in H1 2019
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Latvia’s small craft brewers produced 11 mln litres of beer in the first half of this year, or 26.4% of the nation’s total beer output over the reporting period, TVNet.lv reported on August 22 citing data by the State Revenue Service.
As of the end of June, 55 companies had the status of ‘small brewery’ in Latvia.
The nation’s total beer production in January – June amounted to 41.73 mln litres, which is 4.1% more than over H1 2018.
A recent poll by retail chain Maxima showed 94% of Latvians preferred domestic beers.
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UK: Sales of UK manufactured beer hit their lowest in 2018
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The manufacture of fruit and vegetable juice was the fastest growing sub sector in the UK food industry, growing 17% from £654 million in 2017 to £768 million in 2018, Business Matters reported on August 27.
Research shows that more than half of people aged 16 to 24 consume juice drinks at least once a day. Consumption of smoothies has seen the biggest increase among all fruit juice drinks with Brits spending £112 million alone on these last year alone.
Sales of UK manufactured beer have meanwhile hit their lowest level in a decade at £3.1 billion – down from £3.7 billion the year before – as young people increasingly turn to alcohol free alternatives. Beer sales reached their peak in 2009, when Brits consumed £4.8 billion in beer.
Food and drink remained the largest UK manufacturing sector in 2018, reporting sales of £71.8 billion – a 3% increase on 2017. Overall UK manufacturing sales hit a record high of £390.1 billion in 2018 – an increase of £9.4 billion (2.5%) from the previous year.
Andrew Williams, Head of Food & Drink Sector, Santander UK, said: “Food and drink manufacturing is vital to the health of the economy and the UK is widely seen
...More info on site
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Australia: Australian Competition and Consumer Commission assessing Asahi’s purchase of Carlton & United Breweries
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The Australian Competition and Consumer Commission (ACCC) is assessing Asahi’s proposed purchase (A$16 billion) of Carlton & United Breweries (CUB) which, if the deal closes, would affect more than half of Australia’s beer market, the Trailer Magazine reported on August 26.
The proposed acquisition was announced 19 July 2019 and involves Asahi acquiring CUB by way of a share acquisition.
The ACCC said in a request for submissions dated 23 August 2019 that its investigation is focused on the impact on competition, specifically: whether Asahi and CUB compete closely for the supply of beer, cider and spirits products; the likely impact on prices; and the extent to which large customers, such as supermarket chains, hotel groups or distributors, could sponsor entry or expansion by a rival supplier if the proposed acquisition were to result in a price increase.
Submissions are open until 6 September 2019. The provisional date for the announcement of the ACCC’s findings is expected to be 31 October 2019.
The ACCC is testing section 50 of the Competition and Consumer Act 2010 which prohibits acquisitions that are likely to have the effect of substantially lessening competition in a market.
The Australian Financial Review claims that a combined Asahi-CUB would likely comprise more
...More info on site
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Malaysia: Carlsberg Brewery Malaysia Bhd managing director resigns after just four months in the position
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Carlsberg Brewery Malaysia Bhd managing director (MD) Theodoros (Ted) Akiskalos has resigned from the company after just four months in the position, citing family reasons, The Edge Markets MY reported on August 26.
In May, 40-year-old Akiskalos had replaced Lars Lehmann, who was appointed as executive vice president for Eastern Europe of Carlsberg A/S.
In a bourse filing on August 26, Carlsberg Malaysia said Akiskalos will leave his post and the Carlsberg Group on Oct 25, and will relocate to Europe.
"The search for Ted's successor is underway and will be announced in due course," it added.
Akiskalos currently oversees Carlsberg's operations in Malaysia and Singapore, as well as its investment in Sri Lanka.
In a separate statement, Carlsberg Malaysia said Akiskalos will be pursuing a career opportunity outside the Carlsberg Group and will join a private equity investment firm based in London.
During the transition period, it added that Akiskalos will continue to manage the business affairs of the company to ensure its SAIL'22 strategic initiatives are executed effectively.
Prior to his current role, Akiskalos was the MD of Carlsberg Sweden for three years since June 2016, MD of Carlsberg Hong Kong for two years since January 2014 and vice president of group strategy of the
...More info on site
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Portugal: Supermarket chain Mercadona adds two new blonde beer brands to its assortment
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Spanish supermarket chain Mercadona has added two new blonde beer brands to its drinks assortment in Portugal, ESM reported on August 27.
It includes A Minha (Mine), a lager beer with intense flavour, and A Tua (Yours), a mild blonde beer with a more subtle and a bitter taste.
Both beers are 100% natural and do not contain any additives such as dyes or preservatives.
The new products were developed specifically for Portuguese consumers by Mercadona's co-innovation centre in Matosinhos.
The retailer analysed the tastes and consumption habits of Portuguese consumers for three years before developing the new beverages.
The two beers are being produced by Mercadona’s cider supplier, Totaler Font Salem.
Mercadona opened its first four supermarkets in Portugal in July, with an assortment that caters to the tastes of Portuguese consumers.
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Barley News
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World: Global supply of barley increasing at CAGR of 3.05% over four years
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The global supply of barley has risen at a CAGR of 3.05 percent over a period of four years, according to Beroe Inc, a
...More info on site
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India: United Breweries signs contract for 66 thousand tonnes of barley from Argentina – company source
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Bengaluru-based United Breweries Ltd has signed a contract to import around 66,000 tonnes of barley from Argentina at $205-$207 per tonne, cost and freight, Cogencis reported on August 23 citing a company source.
The imports are scheduled to reach Adani Port in Gujarat in the first week of September, the official said.
Malt makers in the country had imported around 45,000 tonnes of barley in August, according to industry estimates.
Currently, the barley market is seeing a supply crunch as arrivals are negligible, while demand from domestic stockists is on the rise. Due to this, malt makers have turned to imports to meet their requirements, said the owner of a malt company based in Jaipur.
Supplies in the market are negligible as stocks with farmers have dried up, said Umesh Khandelwal, owner of the jaipur-based Krishna Broker Agency.
According to the agriculture ministry's fourth advance estimate, India's barley output in 2018-19 is seen at 1.75 mln tonnes, compared with the final estimate of 1.78 mln tonnes for the previous year.
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Australia & the Philippines: Philippine market could represent opportunities for Australia’s wheat, barley shipments
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Providing grains education and technical services in the Philippines could stimulate and support demand for Australian wheat and barley in that country, according to a new AEGIC report, the Grain Central reported on August 27.
Report co-author Dr Peter White said while there were other more compelling prospects for Australian grain in South East Asia, strong population and consumption growth in the Philippines could represent opportunities for Australia.
Dr White said the median age of Filipinos was 23 years which — coupled with the estimated $US25 billion sent home by the 10 million Filipinos living in other countries — meant people were consuming more wheat-based products.
“Consumers that are relatively wealthy and young tend to eat more convenience foods, including instant noodles and baked products,” he said.
“There is significant demand for wheat in the Philippines, in fact it is already one of Australia’s biggest wheat markets. In 2018 it was Australia’s second biggest wheat market by volume (1.4 mln tonnes) and value (A$437 mln).
“However almost all of this is for animal feed, a market which is more at risk from lower-cost producers and other commodities.
“The wheat for food market is dominated by the United States, which has very strong historical ties with the
...More info on site
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Whisky News
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South Korea: Diageo to stop production at Icheon plant due to waning demand
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Diageo Korea, a top whisky manufacturer in Korea, said on August 28 it will plug off its local plant in Icheon, Gyeonggi Province by
...More info on site
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