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E-Malt.com Flash 18a
April 27 - April 29, 2026
Quote of the Week
Learning never exhausts the mind.
Leonardo da Vinci
Currency Rates
Base Currency: Euro
on April 29, 2026 |
Base Currency: US Dollar
on April 29, 2026 |
| |
1 EUR = 1.1706 USD
1 EUR = 0.8663 GBP
1 EUR = 1.5989 CAD
1 EUR = 1.6310 AUD
1 EUR = 186.6680 JPY
1 EUR = 5.8409 BRL
1 EUR = 87.8478 RUB
1 EUR = 7.9957 CNY
|
|
1 USD = 0.8542 EUR
1 USD = 0.7400 GBP
1 USD = 1.3659 CAD
1 USD = 1.3932 AUD
1 USD = 159.4860 JPY
1 USD = 4.9898 BRL
1 USD = 75.0462 RUB
1 USD = 6.8306 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 29, 2026 |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
196.00-198.00 |  |
| 6RW Malting Barley (FOB Creil) |
193.00-195.00 | |
Feed Barley (FOB Creil) |
183.00-185.00 | |
| 2RS Malt (FOB Antwerp) |
533.50-535.50 | |
| 6RW Malt (FOB Antwerp) |
530.00-532.00 | |
French Barley/Malt
Crop 2026
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
230.00-232.00 | |
| 6RW Malting Barley (FOB Creil) |
215.00-217.00 | |
Feed Barley (FOB Creil) |
197.00-199.00 | |
| 2RS Malt (FOB Antwerp) |
572.00-574.00 | |
| 6RW Malt (FOB Antwerp) |
553.50-555.50 | |
German Malting Barley
Crop 2025
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
|
Click here to see our Market Prices History.
World: Pricier beer, soft drinks boost Carlsberg’s volumes and revenue in Q1
...Click here
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China: Tsingtao Brewery reports 1.54% dip in first-quarter revenue
...Click here
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The Czech Republic: Beer production, consumption, export record significant decline in 2025
...Click here
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Europe: World Cup this summer could give Europe’s beer industry a lift
...Click here
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Malaysia: Malaysia’s brewers brace for uncertain year ahead
...Click here
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World: Barley crop 2026 projected at 145.9 mln tonnes
...Click here
|
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Australia: Steady uptrend forecast for Australian malting barley prices
...Click here
|
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Canada: Barley area forecast to increase, primarily at the expense of wheat
...Click here
|
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Argentina: Barley production forecast slightly up on good moisture profile
...Click here
|
UK: Scotch whisky production expected to decline in coming years
...Click here
|
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Ukraine: Barley production, exports forecast to increase in 2026/27
...Click here
|
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India: Can shortage hits beer as stock reaches a ‘supply cliff’
...Click here
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India: Pernod Ricard reportedly exploring an India IPO
...Click here
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South Korea: Non-alcoholic beverages enjoying rapidly rising sales in South Korea
...Click here
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India: United Breweries tax bill slashed 94% in major win
...Click here
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Moldova: Efes Moldova invests more than 3 million euros in production modernization
...Click here
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UK: Damm launching gluten-free Daura 0.0% beer in the UK
...Click here
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Graph of the week
Table of the week
Germany Beer Market Overview
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
28 April
1686 - 1st volume of Isaac Newton's "Principia" published
1989 - Argentina, hit by rocketing inflation, runs out of money
2001 - Dennis Tito becomes the first space tourist by paying $20 million to fly on a Soyuz mission to the International Space Station
29 April
1813 - Rubber is patented
1910 - The Parliament of the United Kingdom passes the People's Budget, the first budget in British history with the expressed intent of redistributing wealth among the British public
1913 - Swedish engineer Gideon Sundback of Hoboken patents all-purpose zipper
1953 - The first U.S. experimental 3D television broadcast showed an episode of Space Patrol on Los Angeles ABC affiliate KECA-TV
1977 - British Aerospace forms
Agenda
April 2026:
28 - 30: 28th Annual International Beer and Cider Strategies 2026 (InterContinental Barcelona, Spain)
May 2026:
04 - 07: Worldwide Distilled Spirits Conference 2026 (EICC, Edinburgh, Scotland, UK)
04 - 10: Budapest Beer Week 2026 (Budapest, Hungary)
19 - 21: Expo Antad & Alimentaria Mexico 2026 (Expo Guadalajara, Jalisco, Mexico)
29 - 30: Copenhagen Beer Festival 2026 (Copenhagen, Denmark)
29 - 30: Tallinn Craft Beer Weekend 2026 (Tallinn, Estonia)
June 2026:
08 - 10: Brewing Conference Bangkok 2026 (Muang Thong Thani, Impact Challenger Hall, Jupiter 4-5, Bangkok, Thailand)
09 - 10: IGC Grains Conference 2026 (2 Savoy Place, London, UK)
09 - 11: Brasil Brau 2026 (Sao Paulo, Brazil)
17 - 18: Global Beer Summit 2026 (Brussels, Belgium)
July 2026:
17 - 18: London Craft Beer Festival 2026 (London, UK)
August 2026:
06 - 08: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2026 (799 Nguyen Van Linh Street, Tan My Ward, Ho Chi Minh City, Vietnam)
21 - 22: Beervana 2026 (Wellington, New Zealand)
September 2026:
12 - 13: Bruges Beer Festival 2026 (Bruges, Belgium)
19 - 04 October: Oktoberfest 2026 (Munich, Germany)
24 - 27: Mondial de la Biere 2026 (Montreal, Canada)
26 - 28: Whisky Live Paris 2026 (Paris, France)
October 2026:
08 - 10: The Great American Beer Festival 2026 (Denver, USA)
15 - 16: Salon du Brasseur 2026 (Parc Expo Nancy, France)
23 - 25: Stockholm Beer & Whisky Festival 2026 (Stockholm, Sweden)
28 - 29: Brew Asia 2026 (Ho Chi Minh City, Vietnam)
31 - 03 November: Planete Biere Rennes 2026 (Rennes, France)
November 2026:
10 - 12: Brau Beviale 2026 (Nuremberg, Germany)
23 - 25: 16th Iberoamerican VLB Symposium Brewing & Filling Technology (Panama)
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Brewery News
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World: Pricier beer, soft drinks boost Carlsberg’s volumes and revenue in Q1
|
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Carlsberg said on April 29 higher sales of pricier beer and soft drinks boosted volumes and revenue at the start of the year, adding
...More info on site
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China: Tsingtao Brewery reports 1.54% dip in first-quarter revenue
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Tsingtao Brewery has released its unaudited first-quarter 2026 results prepared under China Accounting Standards, with the board confirming the authenticity and completeness of the
...More info on site
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The Czech Republic: Beer production, consumption, export record significant decline in 2025
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Breweries in the Czech Republic recorded a significant decline in production, domestic consumption and exports last year. Beer consumption per capita fell to the
...More info on site
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Europe: World Cup this summer could give Europe’s beer industry a lift
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The men’s soccer World Cup this summer could give Europe’s beer industry a lift at a time when brewers are still looking for stronger
...More info on site
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Malaysia: Malaysia’s brewers brace for uncertain year ahead
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Malaysia’s breweries are adopting a cautious stance for the rest of 2026, as macroeconomic uncertainty, external pressures and weak consumer sentiment continue to weigh
...More info on site
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India: Can shortage hits beer as stock reaches a ‘supply cliff’
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The aluminium can shortage is reported to be about to cause a potential ₹11,500 crore (£900k) disruption as stock from major Indian suppliers falls to just 10–20% of normal capacity, The Drinks Business (db) reported on April 28.
According to Hindu Businessline, supplies from the main manufacturers in the market Ball and Canpack have fallen “sharply” with the impact creating a deficit of aluminium cans in a crisis that is set to affect domestic supply.
The situation follows a global aluminium price spike of around 47–50% year-on-year to approximately US$3,600 per tonne, sharply raising import costs across India which is now fast-becoming dependent upon getting cans from overseas. India’s drinks industry recently secured a government delay to new quality certification rules for aluminium cans amid all of the rising fears of severe supply shortages. at the start of the year, producers already warned that limited domestic capacity and import bottlenecks could disrupt peak summer sales.
Additionally, the Federation of European Business in India asked India to temporarily axe 10% of import duties on key packaging materials, warning of potential shortages linked to disruption from the US-Iran conflict.
Local reports have revealed that store shelves across Mumbai, Bengaluru, and Pune are thinning and that retailers
...More info on site
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South Korea: Non-alcoholic beverages enjoying rapidly rising sales in South Korea
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Sales of non-alcoholic beverages are rapidly rising in South Korea as consumers drink less and prioritize health, with younger generations leading the shift toward alcohol-free alternatives, the Pulse reported on April 27.
According to the Korea Agro-Fisheries & Food Trade Corp. (aT) on Sunday, the average number of drinks consumed per drinking day fell to 6.6 glasses last year, down 0.1 from 2023. The figure had risen from 6.7 in 2020 to 7 in 2021 before trending downward.
The average monthly drinking frequency per person also declined to 8.8 days last year, down 0.2 days from 2023 and below the 9 days recorded in 2020 during the COVID-19 pandemic. The drop was particularly noticeable among people in their 20s and 30s. Compared with 2020, drinking frequency among women in their 20s fell from 8.8 to 7.2 days, while for men in their 30s it declined from 10.2 to 9.3 days.
The decline in alcohol consumption is largely attributed to a growing emphasis on health, along with cultural shifts that favor socializing without drinking and a reduction in company gatherings.
This trend is fueling demand for non-alcoholic alternatives at social events. The category is expanding beyond beer into wine, gaining traction not only in large
...More info on site
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India: United Breweries tax bill slashed 94% in major win
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United Breweries Limited has secured a significant victory in a tax litigation case, with its earlier confirmed tax demand and penalty drastically reduced. The company announced that a demand and penalty totaling ₹29,00,048 has been cut to ₹1,85,878, representing a reduction of over 94%, Whalesbook reported on April 25.
This substantial reduction eases a potential financial burden for the company and marks a positive development in its ongoing tax litigation.
United Breweries has navigated several significant tax disputes in recent years. In 2023, it faced a ₹1,136 crore tax demand from the Directorate General of GST Intelligence. More recently, the company disclosed a ₹31.88 crore GST demand in March 2026 and a ₹22.50 crore demand from Maharashtra authorities in April 2026. Adding to these challenges, the Supreme Court dismissed the company's appeals in March 2026 concerning a long-standing tax dispute.
While the immediate financial liability for this specific case is now minimal at ₹1.86 lakh in penalties, the matter is not fully resolved. United Breweries plans to file a further appeal against the residual demand before the GST Appellate Tribunal (GSTAT) seeking additional relief. Investors will track the outcome of this appeal, as well as any further developments on other significant tax demands
...More info on site
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Moldova: Efes Moldova invests more than 3 million euros in production modernization
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According to Alpan Akpece, General Director of Efes Moldova, the enterprise has completed a large investment project on modernization of production lines - the most important one both for the company itself and for the development of the brewing industry of the country, Logos Press reported on April 24.
“Our total investment amounted to more than €3 million and was aimed at increasing production capacity, improving efficiency and reducing environmental impact. In particular, the company invested €2.1 million in a new PET filling and labeling line from Krones. This has increased capacity by 15% to 12,000 bottles per hour, ensuring consistently high product quality. 450 thousand euros were invested in the expansion of the KEG line, thus increasing the plant’s capacity from 120 to 180 kegs per hour. In addition, a modern Swiss production filter worth about 565 thousand euros was installed, which optimizes the filtration process and reduces the burden on the environment,” Akpece said.
Alpan Akpece noted that Efes Moldova annually launches new products on the market, adapted to the local demand. It is also the largest taxpayer: in 2025 alone, the company transferred about $33 million to the state budget in the form of taxes and excise duties.
“Over
...More info on site
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UK: Damm launching gluten-free Daura 0.0% beer in the UK
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Barcelona-founded brewer Damm, celebrating its 150th anniversary, is launching gluten-free Daura 0.0% in the UK following demand; with an initial, exclusive launch in Tesco, the Bar Magazine reported on April 28.
Daura has long been recognised as a trusted choice, being the most award-winning gluten-free lager in the world for preserving both body and taste. Daura 0.0% offers this same flavour and character in a non-alcoholic beer with certified gluten-free status – a combination that is scarce in the UK market.
Consumption of products without gluten has been growing alongside the call for a premium, alcohol-free beer to support moderation. With Daura 0.0%, those with an intolerance or opting to avoid gluten have a trusted alcohol-free brand associated with the critically acclaimed Daura.
Luke White, Damm UK Managing Director explains:
“We know from consumer insight that there is demand for beers that work for people managing dietary requirements as well as those moderating their alcohol intake. Daura 0.0% brings a world-class, certified gluten-free lager that is the most awarded gluten-free beer to the alcohol-free offering for the first time. We’re delighted to be launching it exclusively with Tesco, a partner that shares our passion for these niches.”
What sets Daura 0.0% apart
...More info on site
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Barley News
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World: Barley crop 2026 projected at 145.9 mln tonnes
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In the upcoming weeks, spring barley planting will proceed worldwide, contributing to the projected 2026 crop of 145.9 mln tonnes (+0.3 mln tonnes), and
...More info on site
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Australia: Steady uptrend forecast for Australian malting barley prices
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RMI Analytics’ price model forecasts a steady uptrend for Australian malting barley prices through 2026, while feed barley prices are expected to decrease. The
...More info on site
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Canada: Barley area forecast to increase, primarily at the expense of wheat
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Seeding in Western Canada is set to begin over the next two weeks, and the current barley crop’26 forecast stands at 9.1 mln tonnes
...More info on site
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Argentina: Barley production forecast slightly up on good moisture profile
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Widespread substantial rainfall sets up a good moisture profile for crop’26 in Argentina, and RMI Analytics’ barley production forecast for the nation rises slightly
...More info on site
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Ukraine: Barley production, exports forecast to increase in 2026/27
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In the 2026/27 marketing year, Ukraine is expected to increase corn and barley production, while wheat output is projected to decline. This is stated in the forecast by the Foreign Agricultural Service of the U.S. Department of Agriculture (FAS USDA).
Barley production in 2026/27 may increase to 6.1 million tonnes (+9%), while exports could jump to 4.2 million tonnes (+133%).
However, current-season exports declined sharply. From July 2025 to February 2026, shipments totaled 1.3 million tonnes, down 36% year-on-year. About 80% went to China (490,000 tonnes), Turkey (300,000 tonnes), Libya (138,000 tonnes) and Saudi Arabia (121,000 tonnes).
Due to weak exports, ending stocks rose to 1.95 million tonnes versus 305,000 tonnes a year earlier.
FAS also highlights a general slowdown in Ukraine’s grain export momentum. Average monthly shipments of wheat, barley and corn from July 2025 to March 2026 were 22% lower than a year earlier.
The EU is gradually losing its position as a key market, accounting for 29% of exports in 2025 versus 41% in 2024. This mainly affected wheat and barley after the introduction of import quotas in October 2025.
Additional pressure comes from low global prices and high inventories, while Ukrainian farmers often hold stocks in anticipation of better market conditions.
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Whisky News
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UK: Scotch whisky production expected to decline in coming years
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Scotch whisky production is expected to decline in the coming years after more than two decades of steady growth, as distillers respond to a
...More info on site
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India: Pernod Ricard reportedly exploring an India IPO
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Royal Stag owner Pernod Ricard is reportedly exploring an initial public offering (IPO) of its Indian business, The Spirits Business reported on April 23.
According to a report by Bloomberg this week, the French spirits giant has allegedly called in advisers regarding an IPO for its Indian unit, citing ‘people familiar with the matter’. The publication claims that Pernod has begun working with Goldman Sachs Group and legal firm Cyril Amarchand Mangaldas on the potential public listing.
When asked about the rumour, Pernod Ricard did not deny it but stated that the business “regularly assesses and evaluates its strategic opportunities and is continuously exploring options to create value for its shareholders, including optimising its capital structure”.
The statement continued: “This is a usual process in line with management’s mission of delivering value to shareholders, employees, clients and stakeholders.
“Pernod Ricard nonetheless highlights that, at this stage, no decision has been made regarding any particular action or involving any of these options.”
In February, Pernod declined to comment on an earlier report by Bloomberg that alleged it was in discussions with potential advisors over an IPO in India.
Last week, Pernod Ricard reported its third-quarter (Q3) sales, which grew organically by 0.1% to €1.94 billion (US$2.28bn).
The Indian
...More info on site
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