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Flash Summary
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E-Malt.com Flash 40a
September 30 - October 02, 2013
Quote of the Week
"Many battles have been fought and won by soldiers nourished on beer."
Frederick the Great
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Currency Rates
Base Currency: Euro
on October 02, 2013 |
Base Currency: US Dollar
on October 02, 2013 |
| |
1 EUR = 1.3538 USD
1 EUR = 0.8350 GBP
1 EUR = 1.3969 CAD
1 EUR = 1.4437 AUD
1 EUR = 132.8040 JPY
1 EUR = 3.0088 BRL
1 EUR = 43.7689 RUB
1 EUR = 8.3196 CNY
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1 USD = 0.7387 EUR
1 USD = 0.6168 GBP
1 USD = 1.0318 CAD
1 USD = 1.0664 AUD
1 USD = 98.0988 JPY
1 USD = 2.2224 BRL
1 USD = 32.3294 RUB
1 USD = 6.1452 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 02, 2013 |
| Type |
Crop 2013 |
| EUR |
% |
| 2rs Barley |
185.00-187.00 |  0.53% |
| 6rw Barley |
174.00-176.00 |  0.57% |
| 2rs Malt |
377.00-379.00 | 0.32% |
| 6rw Malt |
363.50-365.50 | 0.34% |
| Feed Barley |
166.00-168.00 | 1.21% |
Note: Just click
here
and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.
China: Carlsberg expected to see its stake in Chongqing Brewery rise to 60% soon
...Click here
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USA: Beer industry reverses decline trend in 2012 – new report
...Click here
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Kenya: Diageo’s Kenyan unit benefiting from its market dominance
...Click here
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Latin America: Corona beer becomes the most-valuable brand in Latin America this year
...Click here
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USA: Recent beer acquisition expected to boost Constellation Brands’ Q2 sales
...Click here
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Ukraine: Heavy rains may cause drop in barley plantings to 500 thousand ha from planned 1.23 mln ha
...Click here
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USA: Government shutdown halts debuting new products in beer and other industries
...Click here
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Belgium: Haacht brewery signs agreements to expand exports to North America and Asia
...Click here
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USA: MillerCoors to expand its Leinenkugel brand’s product line
...Click here
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Malaysia: Higher alcohol excises will encourage illicit parallel imports – Carlsberg Malaysia MD
...Click here
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Brazil: Ambev introduces new import beer from the Netherlands
...Click here
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The Netherlands: Heineken aiming at revolutionizing beer consumption at home
...Click here
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Ukraine & Latvia: Ukrainian investors building new microbrewery in Riga
...Click here
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USA & Mexico: Mexico’s craft brewers interested in US malting barley
...Click here
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The Netherlands & China: Heineken accuses Chinese machinery company of pirating its name and logo
...Click here
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Graph of the week
Table of the week
Europe Per Capita Beer Consumption by Country 2007 - 2012s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
If craft beers are botteled in PET, what happens to the hop aroma?
ABSTRACT
This question was investigated by a team of German researchers. They investigated the flavor and hop aroma stability of two different craft beers (IPA, Pilsner type, both dry hopped) over a period of 6 months bottled in different PET materials. They found that the quality of the relevant PET material is crucial for the flavour and
hop aroma stability. Choosing high quality PET material along with cool storage temperatures ensures the flavour and aroma decay over time is relatively small.
Read more
Source: Barth Innovations
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These Days in Business History
September 30
1452 1st book published, Johann Guttenberg's Bible
1988 IBM announces shipment of 3 millionth PS/2 personal computer
1997 Microsoft Corp releases Internet Explorer 4.0
October 01
1874 Rotterdam opens drink water pipes
1888 National Geographic magazine publishes for 1st time
1898 Dutch railway Alkmaar-Receiver opens
October 02
1608 Prototype of modern reflecting telescope completed by Jan Lippershey
1866 J. Osterhoudt patents tin can with key opener
1956 1st atomic power clock exhibited in New York City
Agenda
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30/10-01/11: The Latin American Barley Congress (Bahia Blanca, Argentina)
November 2013:
14-17: Mondial de la Biere (Rio de Janeiro, Brazil)
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
February 2014:
02-05: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
More events are available on site e-malt.com
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Brewery News
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China: Carlsberg expected to see its stake in Chongqing Brewery rise to 60% soon
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The Carlsberg Foundation, principal owner of Carlsberg Group, will see stake in Chongqing Brewery Co., Ltd. rise to 60 percent soon, Menafn reported on
...More info on site
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USA: Beer industry reverses decline trend in 2012 – new report
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The beer industry reversed its downward trend of recent years to post both volume and dollar gains in 2012, but the momentum is slowing
...More info on site
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Romania: Beer sales in H1 decline by 3%
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Some 8 million hl of beer were sold in Romania in the first half of this year, down 3 percent y-o-y, according to the
...More info on site
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Kenya: Diageo’s Kenyan unit benefiting from its market dominance
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The push by Diageo Plc’s Kenyan unit into the rest of East Africa is helping the company beat the London-based brewer’s Nigerian business in
...More info on site
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Latin America: Corona beer becomes the most-valuable brand in Latin America this year
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After a nearly 20% decline in the company’s shares over the past year, Brazilian state-run oil company Petrobras has lost its spot as the
...More info on site
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USA: Recent beer acquisition expected to boost Constellation Brands’ Q2 sales
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Analysts expect a year-over-year surge in second-quarter sales for Constellation Brands Inc. because of the Victor-based firm's recent multibillion-dollar beer acquisition, Rochester Business Journal
...More info on site
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USA: Government shutdown halts debuting new products in beer and other industries
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Brewers that are waiting for approval on labels for new products won't get the go-ahead during the government shutdown, STLToday.com reported on October 1.
The partial shutdown of the U.S. government that began on October 1 means Anheuser-Busch and other beer, wine and spirits producers won't be able to get labels approved, a necessary step in debuting new products or making changes to existing products' labels.
St. Louis-based Anheuser-Busch, the North American headquarters for the world's largest brewer, AB InBev, said at any given time it has "a handful" of pending label applications and product formulas before the Alcohol and Tobacco Tax and Trade Bureau, which oversees beer labels.
“A government shutdown could impact our ability to efficiently move those applications forward or submit new ones in the short-term,” an AB spokeswoman wrote in an email.
According to beer news website Beerpulse.com, the TTB has received 111,090 label requests for wine, beer and spirits labels since the start of the year, and the shutdown will halt the approval of about 400 labels daily.
A message on the TTB's website says: “Due to the lapse in government funding, only web sites supporting excepted functions will be updated unless otherwise funded.”
Producers can still file electronic payments and
...More info on site
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Belgium: Haacht brewery signs agreements to expand exports to North America and Asia
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Belgium’s Brasserie Haacht has signed “structural” collaboration agreements for exporting its production to the USA and Asia, 7sur7.be reported on September 30.
The new agreements
...More info on site
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USA: MillerCoors to expand its Leinenkugel brand’s product line
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MillerCoors is bullish on the Leinenkugel brand. Crain’s Chicago Business reports the brewing giant is expanding the brand’s product line, advertising and distribution to appeal to a wider range of beer drinkers, similar to how MillerCoors has done with its Blue Moon brand in recent years.
There’s room to grow in the beer marketplace and Leinenkugel, which already has a wide range of styles in its product line, is getting this vote of confidence largely on the strength of sales of its Summer Shandy. Jacob Leinenkugel Brewing Co. President Jake Leinenkugel said half of the company’s business this year has been from sales of Summer Shandy, which became the first of their brands to be available in all 50 states and have national advertising behind it.
"We never thought it would be that big but it continues to grow,” Leinenkugel said.
Dick Leinenkugel, business development manager for Tenth & Blake Brewing Co., the craft division of Chicago-based MillerCoors, said Summer Shandy “gives us a real strong platform because there are more people than ever interested in our brand. After they discover Summer Shandy, they say 'what else do you make?'"
MillerCoors’ increased investment in Leinenkugel is another battle for the consumer dollars of
...More info on site
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Malaysia: Higher alcohol excises will encourage illicit parallel imports – Carlsberg Malaysia MD
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Raising excise duty on alcohol will encourage illicit parallel imports which is a problem in Malaysia just as contraband cigarettes is a problem for the cigarette industry, The Malaysian Reserve reported on October 2.
“We have seen an increasing level of parallel imports in the beer industry and some of these parallel imports (relatively unknown brands coming into the country selling at cheaper prices) are selling at lower price than local producers.
We are concerned that a further hike in the beer taxes will encourage parallel imports that would not be beneficial for the local producers who pay tax,” Carlsberg Malaysia Bhd MD Henrik Juel Andersen said.
“We hope that the government will continue to protect the local industry,” said Andersen.
The market has been abuzz with the speculation that the “sin” sector will be taxed more ahead of Budget 2014. So far, the tobacco industry has been slapped with a 14% additional excise tax and excise duty.
Alcohol last saw an excise hike in 2005 and, according to Andersen, that puts Malaysian alcohol tax as the second-highest in the world and the highest in Asia.
Andersen hopes that alcohol tax will not go up especially with the coming Visit Malaysia Year 2014 where more
...More info on site
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Brazil: Ambev introduces new import beer from the Netherlands
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Ambev, Brazil’s largest brewer and part of the world’s No. 1 beer company AB InBev, is expanding its import beer portfolio, Veja reported on September 30.
The company has added the Dutch beer Hertog Jan to its line of 15 imported beer brands in Brazil, which also includes the Belgian Leffe and Hoegaarden, the German Franziskaner, Quilmes from Argentina, and others.
Hertog Jan will be marketed exclusively through the company’s Internet-shop Empório da Cerveja, at R$30 reais per 500 ml bottle.
Today, the premium beer segment is estimated to account for 6% of Ambev’s overall sales. The company aims to increase this share to 8% by 2014.
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The Netherlands: Heineken aiming at revolutionizing beer consumption at home
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Heineken has said it plans to introduce a home appliance for beer, in a move that it claims will “revolutionise the way beer is experienced and enjoyed at home”, NamNews reported on September 27.
The Dutch group said it will reveal the product in Paris on 17 October, and would only say that it will an “iconic high end home appliance” similar to coffee machines.
Heineken said the machine has been designed through its global tie-up with industrial designer Marc Newson, who led the project. The brewer noted: “We spotted the opportunity to create a premium but playful at home drinking experience for consumers.”
Explaining the move, Heineken said latest trends indicate that consumers are increasingly looking to enhance the at-home drinking experience. The product is aimed at helping it capitalise on that, even as it uses product design to try and differentiate itself from rivals.
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Ukraine & Latvia: Ukrainian investors building new microbrewery in Riga
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Across from the Riga Passenger Port at Republikas Square 1, construction is under way on the Stargorod beer brewery and restaurant – a project from a team of Ukrainian investors worth EUR 18 million, LETA/Nozare.lv reported on September 30.
The developer is Baltic Pub Ltd., and it has completely revamped the existing edifice. State-of-the-art brewing and catering facilities and equipment will be installed, manufactured in the Czech Republic.
Doors are to open at the end of this year, and customers can expect classic types of Czech beer, snacks and entrees, and big screens all around for sports viewing.
Andrejs Sikors, the Alus brālība Association's chairman of the board, commented to Nozare.lv that "the appearance of new players on the market is a good thing; the number of micro-brews is growing, and this can be applauded. Such breweries offer a special product, satisfying consumer demand. Stiffer competition will facilitate beer drinking, and – maybe – boost consumption, which is quite low in Latvia."
Stargorod is one of the biggest breweries and entertainment complexes in Ukraine, with restaurants in Harkov, Lviv and Donetsk. The company's concept is the brewery, pub and eatery all under one roof which gives the customer the added pleasure
...More info on site
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The Netherlands & China: Heineken accuses Chinese machinery company of pirating its name and logo
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China became the world's copycatting centre by faking everything from Louis Vuitton bags and PhD diplomas to Apple stores. Now Heineken has become the latest multinational to face an intellectual property challenge - from a tiny Chinese sewing machine company. The global brewer has accused Wujiang Xili Machinery Factory, a company from Jiangsu province with fewer than 50 employees, of pirating its name and logo, and using them at a Shanghai trade show last week, MoneyControl reported on September 28.
The case comes as China comes under continuing pressure from the US, Europe and Japan to improve its intellectual property record.
China this month amended its trademark law in ways that lawyers say will make it easier for foreign companies to protect their trademarks. The new law, which takes effect in May, will raise the penalty for trademark infringement and increase the burden on a defendant to prove that an application was made in good faith. Geoffrey Lin, a lawyer at Ropes & Gray, said China has become "more consistent" in the application of its intellectual property laws. But he said foreign companies still face a lot of "hijacking" where local companies register trademarks that resemble those of a multinational
...More info on site
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Barley News
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Ukraine: Heavy rains may cause drop in barley plantings to 500 thousand ha from planned 1.23 mln ha
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Heavy rains across Ukraine look set to shrink winter grain areas and slow exports but will not prevent the first shipments of maize to
...More info on site
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World: Barley harvest progress update
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As at 30 September, the UK winter barley area harvesting was complete, and 99% of spring barley area was complete, HGCA reported on October
...More info on site
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USA & Mexico: Mexico’s craft brewers interested in US malting barley
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Mexico’s growing craft beer industry sent its first delegate to Idaho barley country, as part of a trade team that left Sept. 26 following an overnight visit, Capital Press reported on September 27.
“We for the first time had representatives from the craft beer segment in Mexico, which is small but growing like it is in the U.S.,” said Idaho Barley Commission Administrator Kelly Olson. “They’re trying to figure out what it would take to get barley from this region.”
Jose Ruiz, manager of MI CerveSA and a representative with the Craft Brewers Association in Mexico, said craft brewing in his country has enjoyed recent annual growth above 60 percent.
“Craft breweries in Mexico have grown from 20 five years ago to almost 100 now,” Ruiz said.
He said Mexican craft breweries — known for using no sugars other than malt in their beers and for their small, independent ownership — still have too little volume to contract for U.S. acreage, or buy directly from the big malting companies.
“I see it will continue to grow. We expect it to follow the same trend as in the USA, so maybe in the future we’ll be in a position to buy direct from here,” Ruiz said.
The
...More info on site
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