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E-Malt.com Flash 23a
June 06 - June 08, 2022
Quote of the Week
Go as far as you can see; when you get there, you'll be able to see further.
Thomas Carlyle
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Currency Rates
Base Currency: Euro
on June 08, 2022 |
Base Currency: US Dollar
on June 08, 2022 |
| |
1 EUR = 1.0688 USD
1 EUR = 0.8527 GBP
1 EUR = 1.3435 CAD
1 EUR = 1.4847 AUD
1 EUR = 141.7720 JPY
1 EUR = 5.1660 BRL
1 EUR = 65.7227 RUB
1 EUR = 7.1260 CNY
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|
1 USD = 0.9355 EUR
1 USD = 0.7978 GBP
1 USD = 1.2571 CAD
1 USD = 1.3890 AUD
1 USD = 132.6390 JPY
1 USD = 4.8336 BRL
1 USD = 61.4928 RUB
1 USD = 6.6674 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 08, 2022 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
452.00-454.00 |  |
| 6RW Malting Barley (FOB Creil) |
427.00-429.00 | |
| Feed Barley (FOB Creil) |
347.00-349.00 |  1.42% |
| 2RS Malt (FOB Antwerp) |
781.00-783.00 | |
| 6RW Malt (FOB Antwerp) |
750.00-752.00 | |
German Malting Barley
Crop 2021
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.
UK: No- and low-alcohol beer sales almost double in five years
...Click here
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Albania: Rising costs, declining sales lead to shrinking beer consumption
...Click here
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Zimbabwe: Delta Corporation records volume growth for the year ended March 31
...Click here
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EU: EU Commission cuts its forecast for EU usable production of barley in 2022/23
...Click here
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Australia: Good start to planting season boosts optimism for barley crop prospects
...Click here
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Argentina: Barley area, crop forecast slightly up this month
...Click here
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France: Condition of wheat, barley crops declines for fifth consecutive week
...Click here
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India: Diageo stepping up premiumisation of India portfolio
...Click here
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Kenya: Government seeks to increase excise duty on beer, wine and spirits
...Click here
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Malaysia: Heineken Malaysia remains coy on any price hikes
...Click here
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Russia: Foreign alcohol reserves dwindling in Russia
...Click here
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Ukraine: 2021-22 grain exports reach 47.2 mln tonnes to-date
...Click here
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Australia: Lion launches Australia’s first carbon-neutral certified, alcohol-free beer
...Click here
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Graph of the week
Table of the week
World Hop Crop and Alpha Acid Production 2020-2022f
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 June
1875 - Netherlands goes on the gold standard
1882 - Electric iron patented by Henry W Seely, New York City
1925 - Walter P. Chrysler founds the Chrysler Corp. as successor corporation to the failing Maxwell Motor Car Co.
07 June
1775 - United Colonies change name to United States
1887 - Monotype type-casting machine patented by Tolbert Lanston
1965 - Sony Corp introduced its home video tape recorder
1990 - Universal Studios Florida opens in Orlando, FL
08 June
1824 - Washing machine patented by Noah Cushing of Quebec
1916 - Francis Harry Compton Crick is born in Northampton, England. In 1953, working with James Watson, he discovers the double-helix molecular structure of DNA, the building block of life (and of the biotechnology industry)
1955 - Tim Berners-Lee, future inventor of the World Wide Web, is born in London
Agenda
June 2022:
07 - 08: IGC Grains Conference 2022 (London, UK)
07 - 08: Bevexpo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
12 - 14: Bangkok Brewing Conference 2022 (Bangkok International Trade & Exhibition Centre (BITEC) Bangkok, Thailand)
17 - 18: Beer Experience 2022 (Antwerp, Belgium)
July 2022:
27 - 29: Craft Beer China 2022 (Shanghai, China)
August 2022:
11 - 13: VIETFOOD & BEVERAGE - VIETNAM 2022 (Saigon Exhibitions and Conventions Center. 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
14 - 16: Brewing Summit 2022 (Providence, Rhode Island, USA)
September 2022:
02 - 04: Finest Spirits 2022 (Munich, Germany)
12 - 16: Drinktec 2022 (Messe Muenchen, Munich, Germany)
17 - 03 October: Oktoberfest 2022 (Munich, Germany)
27 - 29: 3rd VLB Africa Brewing Conference (VLB Virtual Campus)
October 2022:
06 - 08: The Great American Beer Festival 2022 (Denver, USA)
12 - 15: China Brew & China Beverage 2022 (Shanghai New International Expo Centre, China)
27 - 28: Sea Brew 2022 (Bangkok, Thailand)
November 2022:
22 - 23: 12th Iberoamerican VLB Symposium Brewing & Filling Technology 2022 (Uberlandia, Brazil)
December 2022:
06 - 07: 3rd VLB International Brewing Web Conference (VLB Virtual Campus)
07 - 09: Drink Japan 2022 (Makuhari Messe, Japan)
07 - 09: Drink Technology India 2022 (Bombay Exhibition Centre, Mumbai, India)
February 2023:
10 - 13: HoReCa 2023 (Athens, Greece)
20 - 23: Beer & Food Attraction 2022 (Rimini, Italy)
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Brewery News
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UK: No- and low-alcohol beer sales almost double in five years
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UK sales of low-alcohol and no-alcohol beers have almost doubled in five years as weaker versions of global brands such as Heineken and Budweiser helped convert drinkers from carbonated soft drinks, the Financial Times reported on June 6.
Drinkers in the UK bought $454 mln of alcohol-free and low-alcohol brews in 2021, up from $240 mln in 2016, according to research group IWSR, as they tapped into lower drinking rates among younger generations and fresh marketing drives by global brewers.
This included $184 mln of “alcohol-free” beers, which have 0.5 per cent ABV (alcohol by volume) or less, a figure more than triple the $52 mln of these products sold five years earlier, even though the overall beer market shrank.
Trevor Stirling, analyst at Bernstein, said the country had become “one of the hotspots” for growth in low-alcohol and no-alcohol brewing.
“It’s an adult soft drink rather than a substitute for alcohol . . . the acceptance of the products is probably higher than I was expecting,” Stirling said.
UK innovations such as Brewdog’s Nanny State, launched in 2011, and Adnams’ Ghost Ship, launched in 2012, helped the UK market gain a head start, he said.
Fernando Tennenbaum, chief financial officer of Anheuser-Busch InBev, said the world’s largest brewer was
...More info on site
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Albania: Rising costs, declining sales lead to shrinking beer consumption
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Surge in raw material prices has increased the costs of Albania’s brewers by 30%. In the market, beer prices have risen by 7-10%. The
...More info on site
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Zimbabwe: Delta Corporation records volume growth for the year ended March 31
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Listed beverages manufacturer, Delta Corporation Limited has recorded volume growth across segments on the back of significant expenditure increases by the consuming public, the New Zimbabwe reported on June 3.
Presenting the group’s performance for the year ended March 31 2022, Delta chairman, Sternford Moyo, said during the period, lager beer volumes for the year grew by 38% compared to prior year, attributed to consistent product supply with respect to both brand and pack.
“There was a significant injection of new returnable glass bottles, which enabled the better utilisation of existing production capacity and the increase in the glass float allowed traders to remove the restriction to exchange bottles at point of purchase,” Moyo said.
During the period, a new brand, Sable Lager, was launched in March 2022, to expand our mainstream offerings and offer consumers a choice of an easy drinking lager.
The sorghum beer volume in Zimbabwe grew by 43% for the year on improved product supply.
“The volume at NatBrew Plc (Zambia) declined by 16% for the full year due to limited access to the market under COVID-19 restrictions and resurgence of competition from the illegal bulk beer offerings. The nascent volume recovery was dealt a blow following the hike in excise
...More info on site
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Kenya: Government seeks to increase excise duty on beer, wine and spirits
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Almost every year, there are dozens of Kenyans who are reported to either have died or hospitalized after consuming illicit brews, The Star reported on June 4.
There have also been cases of people going blind after partaking in these lethal drinks made in Kenya’s underground world of self-proclaimed “Master distillers”.
Some of the common names you will hear include kumi kumi or changa'a, kangara, busaa, sorghum baridi, el nino, one touch and jet fuel, among others.
It is estimated that at least 14,000 young and old people die each year from consuming illegally brewed alcohol, mostly made with high methanol levels, with additives such as fertilizer, battery acid and other toxics.
Not only the locally made brews make the list of illicit alcohol but some craftsmen have even put the drinks in local pubs, with funny brands that don’t meet the set standards being sold in measurements of as low as Sh10.
“There are a lot of fake killer drinks that are not necessarily local brews. There are drinks that make you high with a single sip you wonder what the formula is,” poses Roy Nyagah, a city entrepreneur who operates a bar in one of Nairobi’s busy estates.
In 2015, President Uhuru Kenyatta announced
...More info on site
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Malaysia: Heineken Malaysia remains coy on any price hikes
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Heineken Malaysia Bhd has remained coy on any price hikes for its products, preferring to say it will continue monitoring input costs to ensure it remains competitive, The Edge Markets reported on June 4.
Responding to a query from theedgemarkets.com on whether the company intends to revise prices, the brewer said it cannot comment on its plans, which are commercially sensitive.
“Should there be any price announcements, our distributors and customers will be the first to be informed.
“Nevertheless, in light of the current challenging environment and global supply chain uncertainties, we continue monitoring our input costs to ensure we remain competitive,” it said in a statement.
It was reported on Thursday (June 2), that Carlsberg Brewery Malaysia Bhd said it will increase the prices of some of its products from July 1 due to rising input costs.
In a document sighted by The Edge, Carlsberg said that despite its cost-mitigation efforts, the group had to “adjust” the prices of the products because of the increasing input costs worsened by the Russia-Ukraine conflict.
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Russia: Foreign alcohol reserves dwindling in Russia
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"Sorry, that was the last bottle of Czech beer we had," said a waiter at a central Moscow restaurant, a month after Russia sent troops into Ukraine and the West imposed sweeping sanctions.
More than 100 days into what Russia calls a special military operation in Ukraine, foreign alcohol is still available in Moscow pubs, but the once ample reserves are dwindling, Reuters reported on June 6.
"Some pubs accumulated large stocks when it all started. But, as far as I know, there have been no new deliveries ordered and confirmed after Feb. 24," said Alexander Skripkin, who manages two bars in Moscow.
Many foreign companies including leading Western brewer in the country Carlsberg, Anheuser-Busch InBev and Heineken, have suspended sales in Russia and shipping trade has plummeted.
That has pressured the economy and affected the habits of Russians used to a lavish selection of foreign-made alcohol.
"The beer situation is very cheerless," said Anton, a 36-year-old IT expert who works for a state financial organisation in Moscow.
"Not to mention Paulaner, Pilsner Urquell and other tasty stuff, I'm not at all confident if Russian beer is here to stay. There are problems not only with beer imports but even with imports of hops," he added.
Russian
...More info on site
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Australia: Lion launches Australia’s first carbon-neutral certified, alcohol-free beer
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Lion has brewed Australia’s first carbon-neutral certified, alcohol-free beer as part of its sustainability drive, The Drinks Business reported on June 7.
The zero-carbon alcohol-free vegan beer, named XXXX Zero, will be targeted at climate-conscious consumers and has been launched in Queensland, Australia.
As a company, Lion first gained its carbon neutral certification back in 2020, but has since revealed plans to be completely powered by renewable electricity by 2025 and aims to have a net-zero value chain by 2050.
Lion’s sustainability chief Justin Merrell revealed: “We’d like to role model what sustainable brewing looks like. The proper way is to pick up the phone and say to your supplier, how much carbon is in that bottle, how much carbon is in that can, and how can we work together to reduce it?”
According to Merrell, working together to fix the issue is the way to resolve it. After all, much of beer becoming sustainable is linked to its packaging manufacturers and its supply chain and not the creation of the product itself.
Merrell explained: “If you look at the carbon footprint of a beer, about 80% of that is outside a brewer’s control. So if you have a carbon-neutral product you’ve got
...More info on site
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Barley News
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EU: EU Commission cuts its forecast for EU usable production of barley in 2022/23
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The European Commission raised slightly its monthly forecast of usable production of common wheat, or soft wheat, in the European Union in 2022/23, to
...More info on site
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Australia: Good start to planting season boosts optimism for barley crop prospects
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East-coast Australia barley planting is slowed by extreme wet conditions, Western Australia seeding is progressing very well (75-80% complete) and recent rains are getting
...More info on site
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France: Condition of wheat, barley crops declines for fifth consecutive week
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The condition of France's soft wheat crop has declined for a fifth consecutive week, data from farm office FranceAgriMer showed on June 3, as dryness persisted in the European Union's biggest grain producer, Reuters reported.
An estimated 67% of the soft wheat crop was in good or excellent condition in the week to May 30, down from 69% the previous week, FranceAgriMer said in a cereal report.
The rating fell by more than 20 percentage points in May as a hot spell exacerbated drought after low rainfall since the start of the year.
However, the decline in conditions last week was smaller than in the three preceding weeks, suggesting showers and cooler temperatures gave some respite to crops.
The latest soft wheat rating compared with a year-earlier score of 80%, FranceAgriMer said.
Harvest prospects in France are being watched closely amid disruption to Ukrainian supplies following Russia's invasion.
Traders and analysts say drought has damaged French crops in areas with shallow soil but that conditions are much more promising in areas with deep soil that have had some rainfall.
Regional data in FranceAgriMer's cereal report confirmed local contrasts. In the Centre-Val de Loire region south of Paris, just 43% of the soft wheat crop was rated good/excellent,
...More info on site
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Argentina: Barley area, crop forecast slightly up this month
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Industry participants recently assembled in Mar del Plata to discuss crop 2022 prospects for barley and wheat in Argentina. The consensus remains that barley
...More info on site
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Ukraine: 2021-22 grain exports reach 47.2 mln tonnes to-date
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Ukraine has exported 148,000 tonnes of grain in the first five days of June, pushing its July to June 2021-22 marketing year total to 47.2 million tonnes, the country’s agriculture ministry said on June 6, Reuters reported.
The ministry said the total volume included 18.578 million tonnes of wheat, 22.4 million tonnes of corn and 5.7 million tonnes of barley, with corn shipments dominating the June start, Reuters reported.
Ukraine exported up to 6 million tonnes of grain a month before Russia invaded the country on Feb. 24, but in recent months the volumes have fallen to about 1 million tonnes, sparking global grain shortage concerns and price spikes. Ukraine reached 54.9 million tonnes of wheat, corn and barley exports in 2019-2020, but dipped to 44.9 million tonnes in 2020-21, mostly on lower wheat production, according to the US Department of Agriculture's (USDA) Feb. 1 Foreign Agricultural Services (FAS) quarterly report. Before Russia's invasion, Ukraine had been projected to export 63.7 million tonnes of the grains in 2021-22.
Ukraine, a major agricultural producer that is among the world’s largest corn and wheat exporters, used to ship most of its goods through seaports but has been forced by Russia’s invasion and blockade to export
...More info on site
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Whisky News
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India: Diageo stepping up premiumisation of India portfolio
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Spirits major Diageo India, which controls United Spirits Ltd, is stepping up premiumisation in the company's portfolio and expects a high double-digit growth from scotches, said its managing director & CEO Hina Nagarajan.
Besides, Diageo India is also working on sustainability initiatives through brands and expects to be plastic waste positive. It is taking solar initiatives, working on afforestation and also aims to be a water positive company, she added.
The company is working on a premiumisation strategy and reshaping its portfolio with renovations and innovations of brands such as Signature and Royal Challenge and scaling it up after getting the momentum, the Business Today reported on June 5.
The move is aimed at strengthening Diageo's participation in prestige and accelerating growth rates which are visible in the results, she said.
"We have a very good presence in scotches. And with the activations, which we have done around Johny Walker, the renovation of Black Dog scotch and launch of Talisker and Singleton, which are malt brands, we are seeing a very high double-digit growth in scotches and that is helping our premiumisation journey massively," Nagarajan told PTI.
Diageo India will be focusing on accelerating luxury and premium portfolio of scotch whisky, strengthening participation in
...More info on site
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