UK: Spring malting barley harvest to produce enough quality grain for maltsters

The spring malting barley harvest is set to produce enough quality grain for the maltsters despite lower yields due to a shortened growing season in the UK, the Farmers’ Weekly ...
Published 16/08/2018 Di più

South Korea: Brewers releasing more mini-size beers as more Koreans eat and drink alone

As more Koreans are starting to eat and drink alone, brewers and distillers are rushing to introduce smaller-size products, according to industry officials on August 15. When releasing its Cass beer ...
Published 16/08/2018 Di più

Thailand & Vietnam: ThaiBev’s Q3 profit plunges by 61%

Crippling market conditions continued to weigh in on ThaiBev after profit plunged by 61% YoY to $247.72 mln (THB5.99 bln) in Q3, according to its financial statement. Earnings in the spirit ...
Published 16/08/2018 Di più

China & Australia: China buys 512,181 tonnes of Australian barley and sorghum in June

China was again Australia’s major coarse grains customer in June, taking 512,181 tonnes of barley and sorghum in total of the 658,656 tonnes shipped for the month, according to the ...
Published 16/08/2018 Di più

World: Carlsberg raises full-year profit guidance

Carlsberg A/S raised its full-year profit guidance amid soaring demand for Tuborg beer in Asia, Bloomberg reported on August 16. Sales volume for the label, one of the top foreign brews ...
Published 16/08/2018 Di più

Vietnam: ThaiBev remains optimistic about growth this year, to double down on Vietnam beer market

After posting disappointing third-quarter results on August 14, Thai Beverage (ThaiBev) said on August 15 that it continued to remain optimistic about its growth in subsequent quarters, The Straits Times ...
Published 16/08/2018 Di più

Russia & Saudi Arabia: Russia becomes No.1 barley supplier to Saudi Arabia

Ukraine lost its longtime dominance of the Saudi Arabian imported barley market to Russia in 2017-18, according to a Aug. 14 Global Agricultural Information Network report from the U.S. Department ...
Published 16/08/2018 Di più

Cyprus: Domestic beer consumption and export surge in July this year

The export and consumption of domestically-produced beer surged in Cyprus in July this year in comparison to the previous month and July last year, the Cyprus Mail reported on August ...
Published 16/08/2018 Di più

Malaysia: Carlsberg Brewery Malaysia reports 4.9% rise in Q2 net profit

Carlsberg Brewery Malaysia Bhd’s (Carlsberg Malaysia) net profit in the second quarter ended June 30, 2018 (2QFY18) rose 4.9% to RM63.91 million from RM60.92 million previously, helped by better performance ...
Published 16/08/2018 Di più

Thailand: ThaiBev plans to raise at least Bt70 bln in Thailand’s largest corporate bond issue

Thai Beverage is returning to the baht market with an ambitious plan to raise at least Bt70 billion ($2.1 billion) in Thailand’s largest corporate bond issue, just five months after ...
Published 16/08/2018 Di più