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E-Malt.com NewsLetter

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 Business history
RombBullet Agenda
RombBullet News articles

Last five Flashes

Last five graphs

Note: All graphs issued with e-malt.com newsletters are published in "Graph" section of e-malt.com site.

Last five tables

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.

Last five prices evolution

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E-Malt.com Flash 38a
September 18 - September 20, 2023

Quote of the Week

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Old Scottish proverb

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Currency Rates

Base Currency: Euro
on September 20, 2023
Base Currency: US Dollar
on September 20, 2023
      1 EUR = 1.0686 USD
1 EUR = 0.8625 GBP
1 EUR = 1.4371 CAD
1 EUR = 1.6564 AUD
1 EUR = 157.8900 JPY
1 EUR = 5.1904 BRL
1 EUR = 103.0480 RUB
1 EUR = 7.7940 CNY
      1 USD = 0.9357 EUR
1 USD = 0.8071 GBP
1 USD = 1.3449 CAD
1 USD = 1.5500 AUD
1 USD = 147.7520 JPY
1 USD = 4.8574 BRL
1 USD = 96.4369 RUB
1 USD = 7.2940 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

September 20, 2023
French Barley/Malt
Crop 2023
2RS Malting Barley (FOB Creil) 288.00-290.00 down3.67%
6RW Malting Barley (FOB Creil) 233.00-235.00 down0.43%
Feed Barley (FOB Creil) 209.00-211.00 down1.87%
2RS Malt (FOB Antwerp) 633.00-635.00 down2.09%
6RW Malt (FOB Antwerp) 669.00-671.00 down1.98%
French Barley/Malt
Crop 2024
2RS Malting Barley (FOB Creil) 286.00-288.00 down2.05%
6RW Malting Barley (FOB Creil) 242.00-244.00 down1.22%
2RS Malt (FOB Antwerp) 640.50-642.50 down1.14%
6RW Malt (FOB Antwerp) 586.50-588.50 down0.62%
German Malting Barley
Crop 2023
Ex Farm
Average Malting Barley Price nq  
-No change; upPrice increase; downPrice decrease versus last publication.

Click here to see our Market Prices History.

Top Industry News

Brewery news China: Pricier beers gaining fans in China ...Click here
Brewery news Spain: Average per capita beer consumption estimated at 58 litres ...Click here

Barley news Argentina: Barley crop forecast remains at 4.59 mln tonnes on good weather conditions ...Click here
Barley news Australia: Barley prices trending higher since removal of import tariffs by China ...Click here

Whisky news Asia: Asia takes lead as biggest consumer of Scotch whisky ...Click here

More Industry News

Brewery news Singapore: ThaiBev enters into 5-year term loan agreement to repay existing debt ...Click here
Hops news The Czech Republic: Saaz hop-growing landscape granted UNESCO World Heritage status ...Click here
Brewery news Hungary: Competition Authority fines Heineken for breaching new trading rules ...Click here
Brewery news USA: AB InBev signals new focus on its Michelob beer brand ...Click here

Graph of the week

Table of the week

World Hops Area and Production 2018 - 2022

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

These Days in Business History

18 September
1837 - Tiffany and Co. (first named Tiffany & Young) is founded by Charles Lewis Tiffany and Teddy Young in New York City
1842 - 1st edition of Pittsburgh Post-Gazette is published
1851 - The first edition of The New York Daily Times, which later became The New York Times,is published
1955 - The Ford Motor Company produced its 2,000,000th V-8 engine on this day, 23 years after the first Ford V-8 was manufactured

19 September
1849 - 1st commercial laundry established in Oaklan, California
1854 - Henry Meyer patents sleeping rail car
1876 - 1st carpet sweeper patented (Melville Bissell of Grand Rapids, Mich)
1887 - Dr. Graham Edgar, developer of the octane rating system, was born in Fayetteville, Arkansas, on this day
1888 - World's 1st beauty contest (Spa, Belgium)

20 September
1519 - Portuguese navigator Ferdinand Magellan sets sail from Spain in an effort to find a western sea route to the rich Spice Islands of Indonesia
1839 - 1st railroad in the Netherlands opens (Amsterdam-Haarlem)
1877 - Chase National Bank opens in NYC (later merges into Chase Manhattan)


October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
11 - 15: Mondial de la Biere Rio 2023 (Rio de Janeiro, Brazil)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
19 - 21: Warsaw Beer Festival 2023 (Warsaw, Poland)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)

November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)

December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)

February 2024:
01 - 02: Glug Swiss 2024 (Alte Reithalle, Aarau, Switzerland)
09 - 12: HoReCa 2024 (Athens, Greece)
18 - 21: Beer & Food Attraction 2024 (Rimini, Italy)
23 - 25: Finest Spirits 2024 (Munich, Germany)

March 2024:
13 - 15: 108 International Brewing & Engineering Congress 2024 (Groningen, the Netherlands)
22 - 24: St Malo Craft Beer Expo 2024 (St Malo, France)

April 2024:
11 - 13: KIBEX 2024 (Seoul, South Korea)
21 - 24: Craft Brewers Conference & BrewExpo America 2024 (Las Vegas, USA)

May 2024:
20 - 26: Budapest Beer Week 2024 (Budapest, Hungary)
24 - 26: Mondial de la Biere 2024 (Montreal, Canada)
26 - 30: The Brewers of Europe Forum 2024 (Lille, France)

More events are available on site e-malt.com

BreweryBrewery News Brewery

Brewery newsChina: Pricier beers gaining fans in China
Pricier beers are gaining fans in China, with consumers looking for options ranging from something more than basic brews to ultra-premium bottles, the Nikkei ...More info on site

Brewery newsSpain: Average per capita beer consumption estimated at 58 litres
The increasingly oppressive heat is leading to a significant increase in beer consumption, which is firmly anchored at the top of the soft drinks ...More info on site

Brewery news Singapore: ThaiBev enters into 5-year term loan agreement to repay existing debt
Thai Beverage (ThaiBev) announced that it has entered into a five-year term loan agreement with Mizuho Bank, Singapore Branch and Sumitomo Mitsui Banking Corporation Singapore Branch for an amount of JPY 66 billion ($609.3 million) to repay existing debt due in Feb 2024, The Edge Singapore reported on September 19.

The drawdown period is from Feb 27, 2024 to Mar 5, 2024.

The loan repayments will be in three instalments on the 36th month, 48th month and 60th month, respectively after the drawdown date. This loan is unsecured.

Interest bearing debt to equity ratio is less than or equal to 3:1, based on the audited consolidated financial statement.

The group says that it has a cross-currency swap and interest rate swap credit line that it can consider using to mitigate foreign exchange and interest rate risk.

While this loan is not expected to have any material impact on ThaiBev’s financial year, its total debt stands at $214.9 million and gearing comes in at 1.045x as at Sept 30, 2022.

Shares in ThaiBev closed at 57 cents on Sept 19.

Brewery news Hungary: Competition Authority fines Heineken for breaching new trading rules
The Hungarian Competition Authority has fined Heineken Hungária Sörgyárak Zrt. (Heineken Hungary Breweries Zrt.) HUF 15 million (EUR 39,100) for narrowing its beer range and ordered it to establish a compliance program, reports Magyar Nemzet.

The organization’s investigation revealed that Heineken, despite the legal prohibition, had established an almost exclusive supplier cooperation with a restaurant in the capital. The Dutch-owned beer company thus encouraged the restaurant to source almost all its beer from Heineken.

By doing so, the companies have breached the new trading rules by limiting consumer choice and preventing other beer producers from competing, it was ruled.

The Authority’s Competition Council took into account that Heineken is a repeat offender in view of a previous failure to act and that the conduct under investigation was specifically aimed at circumventing the regulation, which was intended to facilitate the entry of smaller players.

In light of these considerations, Heineken Hungária Sörgyárak Zrt. was fined HUF 15 million on the basis of the turnover of the only restaurant investigated, and the Competition Council prohibited the continuation of the infringing conduct.

The Hungarian Competition Authority also ordered the brewer to set up an internal compliance program to ensure that its business conditions do not encourage pubs to ...More info on site

Brewery news USA: AB InBev signals new focus on its Michelob beer brand
Anheuser-Busch InBev has elevated its low calorie lager Michelob Ultra to the status of "global brand", according to an investor presentation held on September 19, positioning it to better compete with Dutch rival Heineken, Reuters reported.

The world's largest brewer previously bestowed that title on just three of its biggest-hitting labels, Budweiser, Corona and Stella Artois, as recently as Aug. 3. But presentation slides on September 19 included Michelob Ultra, already a big hit in the U.S., in the group.

Chief Marketing Officer Marcel Marcondes added during the presentation that the company now sees Corona as its "leading horse" globally. Alcohol-free version, Corona Cero, meanwhile, will be its number one focus in the no-alcohol category.

The moves see AB InBev squaring up with rival Heineken, whose new light beer Heineken Silver is looking to win share in in the critical U.S. market, and whose Heineken 0.0% is the global market share leader in the no-alcohol category.

Light beers, which contain fewer calories and carbohydrates, are gaining traction as consumers become increasingly health conscious. AB InBev's Bud Light previously dominated the category in the U.S., but lost its top spot following a backlash from conservatives over a social media promotion with transgender influencer Dylan Mulvaney.

"Michelob ...More info on site

BarleyBarley News Barley

Barley newsArgentina: Barley crop forecast remains at 4.59 mln tonnes on good weather conditions
Argentina’s barley crop development story remains very positive, as limited rain fell in southern Buenos Aires province, but much-needed rains fell in the areas ...More info on site

Barley newsAustralia: Barley prices trending higher since removal of import tariffs by China
The removal of tariffs on Australian barley by Chinese authorities has seen barley prices trend higher since the start of August, according to NAB’s ...More info on site

HopsHops News Hops

Hops news The Czech Republic: Saaz hop-growing landscape granted UNESCO World Heritage status
The Northwest Bohemian town of Žatec and its surrounding hop-growing landscape have been granted UNESCO World Heritage status. The announcement on Monday, September 18 means that Czechia now has 17 entries on the prestigious list, Radio Prague reported.

Žatec, known in German as Saaz, is internationally famous for growing high-quality Saaz hops. It has seven centuries of tradition in the field and is responsible for a large part of Czechia’s total hop production.

World Heritage Sites are selected by UNESCO for having cultural, historical, scientific or other forms of significance.

WhiskyWhisky News Whisky

Whisky newsAsia: Asia takes lead as biggest consumer of Scotch whisky
Asia has taken the lead as the biggest consumer of Scotch whisky, surpassing Europe, with double digit growth, The Drinks Business reported on September ...More info on site

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