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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 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 52a
December 25 - December 31, 2017

Quote of the Week

Hope smiles from the threshold of the year to come, whispering, 'It will be happier.'
Hal Borland

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Currency Rates

Base Currency: Euro
on December 29, 2017
Base Currency: US Dollar
on December 29, 2017
      1 EUR = 1.1934 USD
1 EUR = 0.8877 GBP
1 EUR = 1.5049 CAD
1 EUR = 1.5330 AUD
1 EUR = 134.7400 JPY
1 EUR = 3.9496 BRL
1 EUR = 68.7861 RUB
1 EUR = 7.8001 CNY
      1 USD = 0.8379 EUR
1 USD = 0.7442 GBP
1 USD = 1.2604 CAD
1 USD = 1.2835 AUD
1 USD = 112.9100 JPY
1 USD = 3.3100 BRL
1 USD = 57.6291 RUB
1 USD = 6.5368 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

December 29, 2017
French Barley/Malt
Crop 2017
2RS Malting Barley (FOB Creil) 187.50-189.50 up0.53%
6RW Malting Barley (FOB Creil) 153.00-155.00 down0.65%
2RS Malt (FOB Antwerp) 386.00-388.00 up0.32%
6RW Malt (FOB Antwerp) 343.50-345.50 down0.36%
Feed Barley (FOB Creil) 145.00-147.00-
French Barley/Malt
Crop 2018
2RS Malting Barley (FOB Creil) 186.50-188.50 -
6RW Malting Barley (FOB Creil) 154.00-156.00 down0.64%
2RS Malt (FOB Antwerp) 382.50-384.50 -
6RW Malt (FOB Antwerp) 342.50-344.50 down0.36%
Feed Barley (FOB Creil) nq 
German Malting Barley
Crop 2017
Ex Farm
Average Malting Barley Price nq  
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm
Malting Barley (East) 1,284.00-1,286.00 -
Malting Barley (West) 1,284.00-1,286.00 -
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm
Malting Barley (East) 1,214.00-1,216.00 up0.83%
Malting Barley (West) 1,214.00-1,216.00 up0.83%
Canadian Barley/Malt
Crop 2017
2-Row Malting Barley, bulk, truck/railcar, Winnipeg 330.00-332.00 -
2-Row Malting Barley, bulk in store, Vancouver 329.00-331.00 -
6-Row Malting Barley, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk, truck/railcar, Winnipeg nq  
2-Row Malt, bulk in store, Vancouver nq  
6-Row Malt, bulk, truck/railcar, Winnipeg nq  
Feed Barley, basis Lethbridge 219.00-221.00 -
Feed Barley, basis Winnipeg 219.00-221.00 -
Feed Barley, bulk in store, Vancouver 282.00-284.00 -
US Barley
Crop 2017
2-Row Malting Barley, bulk, railcar Great Falls, Montana 170.00-172.00 -
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota 218.00-220.00 -
Feed Barley, basis Great Falls, Montana 115.00-117.00 -
Feed Barley, basis Minneapolis, Minnesota 109.00-111.00 -
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Malt news Germany: Barley malt output slightly down in 2016/17 ...Click here

Brewery news India: Kingfisher beer losing market share to high-end foreign beers ...Click here
Brewery news Ireland: Beer owns 46% of Irelandís total alcoholic drinks market ...Click here
Brewery news Malaysia: Brewers expected to benefit from 2018 World Soccer Cup ...Click here
Brewery news Malawi: Castel Groupís investments in its Malawi business totals about $22 mln ...Click here

Barley news Australia: Barley crop expected to total around mln tonnes in 2017/18 ...Click here
Barley news Canada: Malting barley crop smaller but of better quality this year ...Click here
Barley news EU: Poor weather during winter planting expected to lead to an increase in spring barley area ...Click here
Barley news UK: UKís record barley crop amounts to 7.36 mln tonnes this year ...Click here

More Industry News

Brewery news India: Liquor industry expects strong rebound in 2018 ...Click here
Brewery news Vietnam: Prime Minister urges to keep Saigon Beer brand name unchanged ...Click here
Barley news Ukraine: Barley stocks amount to 1.74 mln tonnes as of December 1 ...Click here
Brewery news Azerbaijan: Government approves increase of import excise rates on alcohol and cigarettes ...Click here
Brewery news Thailand: Home-brew outlaws serving up delicious revolution in Thailand ...Click here

Graph of the week

Source: Deutscher Maelzerbund e. V.

Table of the week

Asia Barley Imports, Production, Consumption, and Stocks

Table of the week.
Barley Prices

Theoretical Malt Prices

Scientific Digest


Why is the bitterness of dry hopped beers so different? This question has been heavily investigated in recent years. We learned that the humulinones are largely responsible for a part of the bitterness in beer and we also learned that the content of iso-alpha acids slightly decreases with dry hopping - exactly why is not known. Also unclear so far is the role of polyphenols. A new study from Oregon State University shows conclusively that both the polyphenols and humulinones contribute to the sensory and the IBU bitterness of dry hopped beer. How can we translate this knowledge in an easy bitterness determination analysis?


Brew. Chem. 75(4):363-368, 2017.

Source: Barth Innovations

These Days in Business History

25 December
1848 - New Haven Railroad opens
1947 - Taiwan passes Human Rights laws (Day of Earth Law)
1954 - WSFA TV channel 12 in Montgomery AL (NBC) begins broadcasting
1959 - Sony brings transistor TV 8-301 to the market

26 December
1854 - Wood-pulp paper 1st exhibited
1878 - 1st US store to install electric lights, Philadelphia
1950 - Gillette & Mutual buy All Star & World Series rights ($6 million for 6 years)
1975 - 1st supersonic transport service (Tupolev-144)
1991 - The Standard & Poor's 500-stock index closes above 400 for the first time, finishing the day at 404.84
2009 - China opens the world's longest high-speed rail route, which links Beijing and Guangzhou

27 December
1825 - 1st public railroad using steam locomotive completed in England
1928 - Portfolio manager Walter Morgan founds the nation's first 'balanced' mutual fund, the Industrial and Power Securities Co., which invests in both stocks and bonds
1945 - International Monetary Fund established - World Bank founded
2001 - China is granted permanent normal trade relations with the United States

28 December
1869 - William Finley Semple of Mount Vernon OH, patents chewing gum
1895 - Auguste and Louis Lumiere are born (1st commercial cinema)
1967 - After 175 years, the New York Stock Exchange finally admits its first woman member, Muriel Siebert of Muriel Siebert & Co
2000 - U.S. retail giant Montgomery Ward announces it is going out of business after 128 years

29 December
1862 - Bowling ball invented
1867 - 1st telegraph ticker used by a brokerage house, Groesbeck & Co, NY
1891 - Edison patents "transmission of signals electrically" (radio)
1997 - Russia signs agreement to build a $3B nuclear power plant in China

30 December
1851 - Asa Griggs Candler is born (developed Coca-Cola)
1854 - Pennsylvania Rock Oil Company, 1st in US, incorporated in New York NY
1861 - US banks stops payments in gold
1958 - French franc devalued
1988 - Mercedes-Benz pays $20.2-M fine failed to meet '86 government fuel standard
1990 - 11th United Negro College Fund raises $10,000,000

31 December
1776 - Rhode Island establishes wage & price controls to curb inflation: Limit is 70 cents a day for carpenters, 42 cents for tailors
1781 - Bank of North America, 1st US bank opens
1981 - CNN Headline News debuts
1997 - Microsoft buys Hotmail E-mail service
1998 - The European Exchange Rate Mechanism freezes the values of the legacy currencies in the Eurozone, and establishes the value of the euro currency


January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)

February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)

March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)

April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)

May 2018:
22-24: Beer 2018 (Sochi, Russia)

June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)

August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)

September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)

October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)

November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)

More events are available on site e-malt.com

MaltMalt News Malt

Malt newsGermany: Barley malt output slightly down in 2016/17
Germanyís barley malt production in 2016/17 is estimated at 1.850 mln tonnes versus 1.870 in 2015/16, H. M. Gauger GmbH reported early in December.

In ...More info on site

BreweryBrewery News Brewery

Brewery newsIndia: Kingfisher beer losing market share to high-end foreign beers
Though Kingfisher is still the largest beer brand in India, it has lost 4.3% market share by volume between 2011 and 2016, according to ...More info on site

Brewery newsIreland: Beer owns 46% of Irelandís total alcoholic drinks market
Beer remains Irelandís favourite alcoholic drink, with analysis by the Alcohol Beverage Federation of Ireland showing beer owns 46% of the market share, the ...More info on site

Brewery news Malaysia: Brewers expected to benefit from 2018 World Soccer Cup
The year 2018 is largely seen as one that will remain challenging to Malaysiaís breweries, but higher disposable income and the upcoming World Cup 2018 in Russia will most likely support the sectorís earnings in the new year, according to TA Securities Holdings Bhd senior investment analyst Tan Kam Meng, The Edge Financial Daily reported on December 28.

ďNote that due to the time difference between Malaysia and Russia, we can expect one match to kick off at 8pm Malaysian time, every day, during the event,Ē said Tan in an email to The Edge Financial Daily, who foresees that the largest global football event held every four years will spur beer consumption worldwide.

Though Tan does not expect any increase in sin taxes ó the common term for taxes levied on alcohol and cigarette players ó he said 2018 will still remain challenging, due mainly to the rise of contrabands.

Beer excise duty rose to RM175 per 100% volume per litre on March 1, 2016, from RM7.40 per litre previously, while the 15% ad valorem (according to value) tax was removed.

ďThe new regulation on the legal purchasing age for alcoholic beverages, which raised the age from 18 to 21 effective Dec 1 2017, ...More info on site

Brewery newsMalawi: Castel Groupís investments in its Malawi business totals about $22 mln
Castel Group has revealed that it invested about $22 million (about K16.1 billion at current exchange rate) in Carlsberg Malawi which has since changed ...More info on site

Brewery newsIndia: Liquor industry expects strong rebound in 2018
Indiaís alcoholic beverages industry has had nothing short of a challenging 2017 in terms of volume growth, especially during the first three quarters of ...More info on site

Brewery news Vietnam: Prime Minister urges to keep Saigon Beer brand name unchanged
The Prime Minister has assigned the Ministry of Industry and Trade to keep Saigon Beer brand name unchanged, VietNamNet Bridge reported on December 26, citing a representative of the Business Finance Department under the Ministry of Finance.

Saigon Beer is the brand name of Saigon Alcohol Beer and Beverages Corporation (Sabeco) whose over 53 percent stake has recently been sold to Vietnam Beverage which belongs to ThaiBev Company.

At a press conference on state-owned enterprises (SOEs) equitization, divestment and restructuring in 2017, Mr. Dang Quyet Tien, head of the Business Finance Department, said that in many countries brand names were uneasy to lose.

The government does not need to hold capital for keeping brand names, but the importance was that those brand names must survive, he added.

Some opinions said that foreign investors might have deliberately dodged the Vietnamís Investment Law to indirectly own over 50 percent of capital in the Sabeco auction.

In reply, Mr. Tien said that it should not distinguish domestic and overseas factors because some foreign companies had not directly invested in Vietnam but had enterprises established in the country, so they should be treated as Vietnamese firms.

Still he said it was necessary to amend some current laws to avoid the ...More info on site

Brewery news Azerbaijan: Government approves increase of import excise rates on alcohol and cigarettes
The Cabinet of Ministers of Azerbaijan has approved new excise tax rates on imported goods, which will come into force on January 22, 2018, AzerNews reported on December 25.

In particular, the excise on malt beer imported to Azerbaijan will be 1.7 manats [$1] per litre, wines from fresh grapes, including fortified wines; grape must - 3.5 manats [$2.06] per litre, sparkling wines - 5 manats [$2.94] per litre, and whiskeys - 10 manats [$5.88] per litre.

For import of whiskey, vodka and liqueur, the excise tax is set at the level of 10 manats [$5.88] per 1 litre.

By the decision of the Cabinet, excises for the import of cigars were set at 20 manats [$11.77] per 1,000 pieces, cigarettes - 12 manats [$7.06] for 1,000 pieces.

Earlier, Azerbaijanís Finance Minister Samir Sharifov stated that the countryís government plans to double excise rates for the import of alcoholic beverages and tobacco products in 2018.

Such a decision was made due to the fact that a sharp reduction in the exchange rate of Azerbaijani manat against the U.S. dollar led to an increase in prices for imported alcohol and tobacco products, as well as to a reduction in excise tax rates in manat.

Earlier, the head ...More info on site

Brewery news Thailand: Home-brew outlaws serving up delicious revolution in Thailand
At a riverside bar just outside Bangkok, a delicious revolution is underway, NZCity reported on December 28.

Every Saturday, Chit Beer microbrewery opens for beer lovers and those who want to learn the craft of craft beer.

"It's getting very, very popular now because when people know more about the concept, that yeah, we can make beer ourselves at home, [they're] excited," said Wichit Saiklao, better known as Chit.

But these weekly classes are an act of rebellion.

Home-brewing is illegal in Thailand.

To get a beer-making licence, Thais must be able to produce 100,000 litres a year and have $400,000 in the bank, which effectively shuts out small players.

The 1950 Liquors Act also protects the two giant conglomerates that dominate the cheap lager market ó ThaiBev with its Chang (and the infamous "changover"), and Boon Rawd Brewery's Singha and Leo beer.

Thai craft brewers are forced to take their recipes to breweries overseas and then import their bottles back into Thailand, paying hefty tax.

Most brew in Asia, but not all.

Phuket's Full Moon Breweries makes its fruity Chalawan Pale Ale in New South Wales and the logo for its Chatri IPA is a Muay Thai fighter with a koala head.

Melbourne's Red Dot Brewery produces oddball flavours ...More info on site

BarleyBarley News Barley

Barley newsAustralia: Barley crop expected to total around mln tonnes in 2017/18
In 2016/17, Australia had harvested 13.414 mln tonnes of barley, a record crop favoured by ideal weather conditions, H. M. Gauger GmbH reported on ...More info on site

Barley newsCanada: Malting barley crop smaller but of better quality this year
There was less malt barley produced this year in Canada but what did come off looked good, according to the Canadian Grain Commission.

The organizationís ...More info on site

Barley newsEU: Poor weather during winter planting expected to lead to an increase in spring barley area
Dreadful weather in Northern Europe (from Scotland to Finland, incl. the northern regions of Germany and Poland) delayed and damaged grain crops and even ...More info on site

Barley newsUK: UKís record barley crop amounts to 7.36 mln tonnes this year
The UK has harvested another record crop, 7.36 mln tonnes, of which 4.3 mln tonnes of spring barley, H. M. Gauger GmbH reported on ...More info on site

Barley news Ukraine: Barley stocks amount to 1.74 mln tonnes as of December 1
As of December 1, 2017 Ukraineís barley reserves amounted to 1.74 million tonnes, which is 637.5 thousand tonnes less than the same indicator in 2016 (2.38 million tonnes), UkrAgroConsult reported on December 28.

The State Statistics Service of Ukraine informs that the highest reserves are at the enterprises of Odessa (321.4 thousand tonnes), Khmelnitsky (165.1 thousand tonnes) and Ternopil (133.1 thousand tonnes) regions.

It is noted that the lowest barley reserves are at the enterprises of Zakarpattia (0.7 thousand tonnes), Chernivtsi (8.9 thousand tonnes) and Volyn (17.8 thousand tonnes) regions.

Earlier it was reported that Ukraine in January-November 2017 exported 4.78 million tonnes of barley worth of USD 699.89 million.

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