|
Newsletter Summary
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 evolutions
Access to E-malt.com
Do you know
E-malt.com?
Dear E-malt Reader!
E-malt.com Newsletters Archive could be found directly on
e-malt.com
site. Browsing through our Newsletters Archive you may see all the issues you have missed.
To this purpose you just have to login e-malt.com and click on Newsletters link in the menu.
Reading our Newsletters you will be kept informed with the latest news
and events regarding malting and beer world.
You may also submit your own news, events or other information to the address
info@e-malt.com!
You may find updated malt, barley and beer statistics on e-malt.com
Statistics section.
Just enter e-malt.com!
Here you will find all tables issued with e-malt.com newsletters.
E-malt.com Agenda gives the possibility to keep you informed about the Events
planned to be held in the whole world related to the brewing and malting
industries. To this purpose you just have to login
e-malt.com
and click on Agenda link in the menu. Reading our Event Agenda you will find
out about the future symposia, conferences and festivals related to malting and
beer world. You may also submit your own events to the address
info@e-malt.com
E-malt.com has Trading Online system. The system is to be used for
malt/barley trading. One can register a malt/barley offer or a malt/barley
request. The registering person could be as a seller/buyer or as an agent for
seller/buyer. The User can see information about all active malt/barley offers
& requests. If needed the system allows user to buy/sell malt/barley due to
reasonable offers/requests. The way to do this is to confirm reasonable
transaction. Trading Online rules are available through the Internet in the
Trading Online as well as Tutorial (useful for persons who starts the system
usage). To visit the E-malt Trading Online first go to the E-malt.com site,
then click Trading Online link in the left menu of the e-malt.com home page.
For more details please contact info@e-malt.com
Thank You!
E-malt.com Links!
|
E-Malt.com Newsletter 08b
February 20 - February 23, 2014
Quote of the Week
"Definiteness of purpose is the starting point of all achievement."
W. Clement Stone
|
You are one of the
54,000 professionals of the brewing and malting industries
from
197 countries
receiving our free bi-weekly
E-malt Newsletters
published since 2001. You seem to be pleased by getting them as we have registered something like
3 mln readings.
To keep the high level of this informative reservoir in both brewing and malting industries and in order to continue to improve it we have to request a small contribution for full access to E-malt.com information.
The majority of our readers have responded positively thus giving us the possibility to keep developing this global informative reference.
A one-year membership costs only 169,- Euros and gives you full access to both our Full Bi-weekly Newsletter and website www.e-malt.com.
You can pay by credit/debit card or bank transfer (against invoice). Ordering is simple, use our online secure ordering system: click hereunder to begin - you can have access in just 5 minutes!
CLICK HEREUNDER TO SUBSCRIBE
One-year individual subscription: 169, - Euros
Two-year individual subscription: 299, - Euros
Save money when your colleagues join:
One-year group subscription for 2-5 members: 349, - Euros
One-year group subscription for 6-10 members: 519, - Euros
One-year group subscription for 11-20 members: 689, - Euros
One-year group subscription for 21-50 members: 919, - Euros
One-year group subscription for 51-100 members: 1149, - Euros
For a personal service contact our Membership staff :
Email : info@e-malt.com
Direct line : +32 (0)87 681381;
Fax : +32 (0)87 352234
If calling, please note our office hours are 9am - 5pm (Belgium time)
|
Currency Rates
Base Currency: US Dollar
on February 21, 2014 |
Base Currency: Canadian Dollar
on February 21, 2014 |
| |
1 USD = 0.7287 EUR
1 USD = 0.6000 GBP
1 USD = 1.1084 CAD
1 USD = 1.1141 AUD
1 USD = 102.1220 JPY
1 USD = 2.3899 BRL
1 USD = 35.8109 RUB
1 USD = 6.1154 CNY
|
|
1 CAD = 0.9024 USD
1 CAD = 0.5415 GBP
1 CAD = 0.6576 EUR
1 CAD = 1.0053 AUD
1 CAD = 92.1536 JPY
1 CAD = 2.1566 BRL
1 CAD = 32.3153 RUB
1 CAD = 5.5184 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
USA, MI & TX: Atwater Brewery plans $15 million second brewery
...Click here
|
|
Canada, ON: Ontario government defends existing alcohol sales monopoly
...Click here
|
|
USA, MI: Short’s Brewing Co. is set for $5 million expansion
...Click here
|
|
USA, NJ: Beach Haus brewery expanding to produce 10 times more beer
...Click here
|
|
USA: MillerCoors launches Miller Fortune lager nationwide
...Click here
|
|
Canada, ON: Descendants Beer & Beverage Company launches in Wellesley
...Click here
|
|
Canada, ON: Revived New Ontario Brewing plans spring launch in North Bay
...Click here
|
|
USA, OR: Buoy Beer Company opens brewery in Astoria
...Click here
|
|
USA, NY: Steuben Brewing Company building brewery on Keuka Lake
...Click here
|
|
USA, FL: Persimmon Hollow Brewing to become West Volusia County’s first microbrewery
...Click here
|
|
USA, WA: Gig Harbor Brewing Company is coming this fall
...Click here
|
|
USA, FL: St. Pete Brewing Company opening in St. Petersburg
...Click here
|
|
Canada, BC: Canuck Empire Brewing is open for business in Abbotsford
...Click here
|
|
China: Carlsberg CEO says China interests consolidation may be possible in the next few years
...Click here
|
|
Japan: Outlook for beer industry remains gloomy as brewers face sales tax increase, stagnant wages and aging population
...Click here
|
|
EU: Europe’s brewers creating 1% of all EU jobs - report
...Click here
|
World: Barley export surplus balanced by unexpectedly large imports of Saudi Arabia and China in H2 2013
...Click here
|
|
Argentina: Barley export surplus still remains significant
...Click here
|
World: Malting industries sold out in South America and Australia, some European maltsters still report available quantities
...Click here
|
|
Ukraine: Carlsberg CEO says if violence gets worse it may affect beer sales
...Click here
|
|
Ukraine: Grain and other commodity export deals grind to a halt as violence spreads
...Click here
|
|
Portugal: Budejovicky Budvar wins exclusive rights to the Budweiser trademark in Portugal
...Click here
|
|
World: SABMiller developing beers to attract wine and spirit drinkers
...Click here
|
Graph of the Week
Table of the Week
EU Malt Exports
Prices Evolution
Barley Prices
Canadian Malting and Feed Barley Prices
US Malting and Feed Barley Prices
French Malting and Feed Barley Prices
Theoretical Malt Prices
Canadian Malt Prices
US Malt Prices
Theoretical EU Malt Prices
These Days in Business History
February 20
1768 1st American chartered fire insurance company opens
1811 Austria declares bankruptcy
1848 Edward H. Harriman is born in Hempstead. By age 50 he commands the Union Pacific and Southern Pacific railways, making him one of the most powerful railroad barons in the world.
February 21
1914 The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established.
1947 Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America.
1988 Peter Kalikow purchases New York Post from Rupert Murdoch for $37.6 million
February 22
1923 Transcontinental airmail service begins
1989 New York Lotto pays $26.9 million to one winner
2006 Apple's iTunes store sells its 1 billionth song
February 23
1886 Aluminum manufacturing process developed
1886 London Times publishes world's 1st classified ad
1965 Michael Dell is born. He later drops out of the University of Texas at Austin to found Dell Computer Corp. with the radical idea of assembling made-to-order computers.
Agenda
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:
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)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site www.e-malt.com
News Articles
|
USA: Sales of lower-calorie lagers decline in 2013
|
|
Bud Light may still be America’s bestselling beer—it has been for more than a decade–but retail sales of this and other leading lower-calorie lagers
...More info on site
|
|
USA, MI & TX: Atwater Brewery plans $15 million second brewery
|
Detroit’s Atwater Brewing produced less than 30,000 barrels in 2013 but that hasn’t stopped president and CEO, Mark Reith, from embarking on a $15 million expansion project outside of his home state, Brewbound reported on February 20.
Atwater is planning to build a 100,000-barrel, secondary production facility in Austin Texas, an emerging market with a “tremendous amount of opportunity,” Reith said.
“We are bringing Detroit everywhere,” he said. “What is the best way to do that? Instead of shipping product 2,000 miles away, we decided we could build another facility.”
The new brewery, which Reith hopes will be producing beers around this time next year, will initially allow Atwater to brew about 50,000 more barrels per year.
“We have been studying the trends and looking at this idea for about five years,” he said. “Just because we aren’t producing 1 million barrels per year doesn’t mean we can’t plan a second brewery at a different scale.”
Atwater is currently sold in 17 states but local demand is far outpacing supply, Reith said.
“We don’t want to grow too fast but I think we have very realistic goals,” he said. “About 65 percent of our overall business is local (Michigan) and that is obviously a huge part
...More info on site
|
|
Canada, ON: Ontario government defends existing alcohol sales monopoly
|
Ontarians can only purchase alcohol from The Beer Store or LCBO. Convenience store companies argue the public is ready for more variety in their private alcohol retailers, but the Ontario government says the province is well-served by the current model, Toronto Sun reported on February 20.
Susie Heath, a spokesman for Finance Minister Charles Sousa, said the LCBO provides C$1.6 billion a year in revenue to the provincial government that helps pay for hospitals, schools and other public services.
“Our system is long-established and strikes the right balance between consumer access and social responsibility,” Heath said in a statement on February 20.
Tom Moher, vice-president of central Canada operations for Mac’s Convenience Stores Inc., said on February 19 that the sector has experience selling age-restricted products such as tobacco and is ready for the added responsibility of alcohol.
A survey carried out on behalf of the Ontario Convenience Stores Association (OCSA) revealed that corner store staff were more effective than employees at either the LCBO or The Beer Store in keeping restricted products out of the hands of minors, Moher said.
Heath pointed to a study done by the Centre for Addiction and Mental Health (CAMH) of students in Grades 7 to 12 last year
...More info on site
|
|
USA, MI: Short’s Brewing Co. is set for $5 million expansion
|
Short’s Brewing Co. announced on February 19 a $5 million brewery expansion that, when completed, will double production capacity to 60,000 barrels, according to Brewbound.
Construction on the expansion, which is being financed by a combination of bank loans and roughly $500,000 in available cash from Short’s, is expected to begin this summer.
“This expansion is the ideal situation for the production side of Short’s in the upcoming years,” Tyler Glaze, the brewery’s operations manager said in a statement. “It’ll open up so many more options for what we’re able to do to keep up with Michigan-driven demand. At the same time, it will allow us to get even more creative in our brewing, enhance the quality of the product we’re distributing, and stay in the Elk Rapids community that many Short’s employees call home.”
As part of the expansion, Short’s will spend $3 million to upgrade some of its brewing and packaging equipment, including a new wastewater pre-treatment system and bottling line.
Short’s has grown its production more than 30 percent in each of the last five years, and the brewery has even bigger goals in mind for 2014.
“We’ll probably see a 70 percent increase,” said Scott Newman-Bale, a brewery partner.
Short’s
...More info on site
|
|
USA, NJ: Beach Haus brewery expanding to produce 10 times more beer
|
East Coast Beer Co., the Point Pleasant Beach-based maker of Beach Haus beer, will boost its production and varieties once settled into its new microbrewery in Belmar, Asbury Park Press reported on February 21.
The company, which recently released an exterior rendering of the microbrewery, will begin remodeling the space that formerly housed Freedman’s Bakery in Belmar as soon as the blueprints receive final approval from the borough. It should open by the end of this year, said Katrina Foster, a company spokeswoman.
“They really want to keep the Jersey Shore look and feel because that’s what their brand is,” she said. “It’s going to be very reminiscent of what the Beach Haus brand looks like – fun, laid back, like their beers Winter Rental, Kick Back.”
The company will not know the final cost of remodeling until it finalizes its plans, Foster said.
The architect described the exterior of the 15,000-square-foot, two-story microbrewery as “industrial chic,” which features brick walls, ceiling-to-floor windows and V-shaped columns. The interior will feature a four-vessel brewing system and tasting room, where customers may try samples of unique styles from taps on a small bar, she said.
The company produces four styles under the Beach Haus name as well
...More info on site
|
|
USA: MillerCoors launches Miller Fortune lager nationwide
|
Now available nationwide, MillerCoors’ new Miller Fortune is an un-distilled, spirited golden lager with a richer, balanced taste and 6.9 percent alcohol by volume (ABV). Miller Fortune is the largest launch of a completely new brand from MillerCoors, Drinks Business Review reported on February 20.
Developed to be served in a rocks glass, Miller Fortune is brewed with specially-roasted caramel malt and cascade hops for a moderately bitter flavor with a hint of sweetness. The brand attributes communicate a sophisticated edge meant to inspire consumers to turn any occasion into something unforgettable.
"With the rise of cocktail culture, we know consumers are looking for new products and flavors," said MillerCoors CMO Andy England. "With that in mind, we developed Miller Fortune to provide consumers with a unique and deliciously balanced option to elevate their drinking experience."
Miller Fortune is available in 6- and 12-pack jet-black bottles and in 16- and 24-ounce battleship gray single-serve cans.
|
|
Canada, ON: Descendants Beer & Beverage Company launches in Wellesley
|
Ontario’s first new craft brewery launch of 2014 quietly took place this past weekend at The Bent Elbow in Waterloo, where the first pints of beer from Descendants Beer & Beverage Co. started pouring on February 14, Canadian Beer News reported on February 17.
Currently brewing in temporary location in Cambridge while renovations are being done on a permanent home in the historic Wellesley Mill in the nearby village of Wellesley, Descendants is owned and operated by Robin Molloy – a former brewer at Barrie’s Flying Monkeys who has trained at Chicago’s Siebel Institute and VLB Berlin – and his wife Carin Lee Brooks.
The first beer from Descendants is Harbinger Pale Ale, a 5.6% abv and 38 IBU American-style pale ale, with an American Blonde Ale and Belgian Blonde Ale planned to follow soon.
Descendants products will be available exclusively on tap in the Kitchener-Waterloo, Niagara and Sarnia/London regions for now, although retail sales through the LCBO are part of the future plans for the fledgling brewery.
|
|
Canada, ON: Revived New Ontario Brewing plans spring launch in North Bay
|
Almost 100 years its original namesake brewery was destroyed by fire, a revived version of New Ontario Brewing is getting set to bring local brewing back to North Bay.
The new company is aiming to start selling beer this spring, with three flagship brands in the works – Slippery Slope Cream Ale, Deep Draught Dark Ale and Hopocalypse IPA – along with a rotating series of seasonal beers. Further details are sparse at the moment.
|
|
USA, OR: Buoy Beer Company opens brewery in Astoria
|
A new brewery just opened in Astoria – Buoy Beer Company. They will eventually have a restaurant and taproom at the brewery. Three rooms, one location. For now, the taproom is open. Restaurant is on the way, Seattle Post Intelligencer reported on February 20.
The brewery is up and running now and the space looks great. The tap room is open and the full restaurant will be complete by summertime.
Here is what Buoy Beer Company has to say about itself:
“Here, one of the West’s most relentless rivers meets the wilderness of an entire ocean. The unstoppable meets the unyielding. And here, a community with grit and backbone make that meeting work. The river that built a town is home for building our beer. It will be new beer, with a few centuries under its belt.”
|
|
USA, NY: Steuben Brewing Company building brewery on Keuka Lake
|
The growth of craft brewing in the area continues, as construction is well underway at Steuben Brewing Company on the west side of Keuka Lake, Corning Leader reported on February 18.
The brewery is being built by the Zimar family on their 12-acre property overlooking the Keuka bluff, and is targeting a spring opening.
It's located in the heart of the Keuka wine trail and will be operated by longtime Pulteney residents Jim and Candy Zimar and their sons, Chad and Rick.
Chad Zimar, the brewmaster, says he's been homebrewing for several years, honing five or six ales and lagers that will be the staples at Steuben Brewing. He also plans to regularly experiment with new creations.
The new brewery will have a seven-barrel system capable of turning out 200-gallon batches, along with a smaller pilot system that produces 30-gallon batches for seasonals and "experimentals." There will also be a separate cask-conditioning system to add extra ingredients and flavors at the end of the brewing process, Zimar said.
The front of the brewery will have a tasting room and an outdoor patio overlooking Keuka Lake where customers can sample the brews by the flight, half-pint or pint, and get a growler to go.
Steuben Brewing will
...More info on site
|
|
USA, FL: Persimmon Hollow Brewing to become West Volusia County’s first microbrewery
|
Andy Sistrunk and Robbie Carelli admit they’re living a beer lover’s dream.
After years of planning, the two friends — an insurance agent and a multimedia technician by day — are preparing to open the first microbrewery in western Volusia County. If all goes as planned, the Persimmon Hollow Brewing Co. will come alive sometime this summer in what is now a 5,000-square-foot garage in downtown DeLand, Daytona Beach News Journal reported on February 17.
The brewery would be the fourth in Volusia County, after Ormond Brewing Co., New Smyrna Beach Brewing Co. and Tomoka Brewery.
Before DeLand was founded in 1876, the area where it sits was referred to as Persimmon Hollow. Sistrunk and Carelli said they chose the name because it reflects their connection with the DeLand area, along with the city’s history.
The new microbrewery will include a tasting room, offering patrons samples of the company’s own beers and one or two local “guest” craft beers.
The brewing itself will happen in the other half of the building. Sistrunk and Carelli said they intend to have a glass wall divide the two spaces, making the brewing process visible to tasting room patrons.
The staff will be limited, at least at first — just
...More info on site
|
|
USA, WA: Gig Harbor Brewing Company is coming this fall
|
The Gig Harbor Brewing Company, a product of years of work and planning by co-owner John Fosberg, is coming this fall. The brewery and taproom is slated to open in late November, likely somewhere in Gig Harbor North or at Uptown, Peninsula Gateway reported on February 19.
Craft beer has been Fosberg’s passion for several years.
“Craft beer has come a long way in the last 15 years,” he said. “We really started getting into it when we started visiting Northwest craft beer festivals.”
Fosberg and his associates attended festivals in Washington, including the Gig Harbor Beer Festival, which just started a couple years ago.
He began to take tasting classes, and his interest grew even further. He said he was drawn to the passion of the people in the industry.
“These guys just love beer,” Fosberg said. “That made it extremely attractive. People are really serious about the process, art and science.”
Startup costs and his busy life — he also manages a creative agency, Fosberg Media Group — initially prevented the brewery from going beyond the planning stages. Once his kids moved on to college, Fosberg wanted a new project to take on, so he began to secure investors for a brewery.
One night,
...More info on site
|
|
USA, FL: St. Pete Brewing Company opening in St. Petersburg
|
Three years ago Tom Williams’s St. Pete Brewing Company debuted its signature beer and seemed poised to open in downtown St. Petersburg. But his plan to open at Baywalk did not work out when the downtown shopping plaza switched hands, and finding a new spot proved as elusive as finding the right head brewer, Creative Loafing Tampa reported on February 19.
“It’s tough,’’ he says. “We thought we were going to be the first ones.”
Four breweries have opened in St. Petersburg since then, three of them downtown, part of a craft beer explosion in the area so remarkable that even the New York Times has taken notice. All the while, Williams has helped fuel these developments through the financing company he owns.
But now, at long last, with a building of his own and the right brewer as a partner, Williams is ready to go from concept to reality.
Any week now — in time for Tampa Bay Beer Week, he hopes — Williams will roll up the garage door below the hop-draped banyan mural of his new space. With 12 taps, a 10-barrel brew-house he bought from Big Storm Brewing in Odessa, 50 barrels of fermenter capacity, an 850-square-foot tasting room
...More info on site
|
|
Canada, BC: Canuck Empire Brewing is open for business in Abbotsford
|
The rapid-fire series of new brewery openings in BC this year looks like it won’t be abating any time soon, with another newcomer now open for business in Abbotsford.
Canuck Empire Brewing is a start-up from long-time homebrewer Brandon Wiggins that aims to create “Distinctive Beers for Offbeat Canadians”, Canadian Beer News reported on February 20.
The first offering from the brewery is Coast Trail Pale Ale, a 5.5% abv and 35 IBU ale described as follows:
Coast Trail Pale Ale is West Coast lifestyle in a bottle. Bright copper colour, tons of crisp citrusy hop character, followed by a slightly sweet bready malt flavour.
Joining the Canuck Empire line-up next month will be Backcountry IPA (5.8% abv / 65 IBU), and fall seasonal Pumpkin Patch Ale (6% abv / 30 IBU) will follow in September.
Coast Trail Pale Ale is available now in 650 ml bottles at select liquor stores in British Columbia.
|
|
China: Carlsberg CEO says China interests consolidation may be possible in the next few years
|
The CEO of Carlsberg has said that the brewer could start consolidating its expanded interests in China in the next few years.
In a call
...More info on site
|
|
Japan: Outlook for beer industry remains gloomy as brewers face sales tax increase, stagnant wages and aging population
|
|
While Prime Minister Shinzo Abe’s policies help manufacturers such as Toyota Motor Corp. rack up record profit, challenges to his reforms are showing up
...More info on site
|
|
EU: Europe’s brewers creating 1% of all EU jobs - report
|
|
A key report published on February 20 by EY (formerly Ernst & Young) and Regioplan reveals that Europe’s brewers can play a critical role
...More info on site
|
|
World: Barley export surplus balanced by unexpectedly large imports of Saudi Arabia and China in H2 2013
|
|
The latest crop results of 10.2 mln tons in Canada, 8.6 mln tons in Australia, and 4.8 – 5.0 mln tons in Argentina result
...More info on site
|
|
Argentina: Barley export surplus still remains significant
|
|
Argentina’s barley crop is estimated to be 4.8 - 5.0 mln tons. Domestic demand of malting barley is app. 1.0 mln tons, Brazil will
...More info on site
|
|
World: Malting industries sold out in South America and Australia, some European maltsters still report available quantities
|
Malting industries are well sold in Western Europe, much less in Germany and Southeast Europe, industry analysts reported earlier in February.
South American malt
...More info on site
|
|
Ukraine: Carlsberg CEO says if violence gets worse it may affect beer sales
|
|
Carlsberg’s CEO says that deadly clashes between police and opposition protestors in Ukraine have not hit beer sales yet but hinted that they could
...More info on site
|
|
Ukraine: Grain and other commodity export deals grind to a halt as violence spreads
|
Ukrainian steel, grain and other commodity export deals have virtually ground to a halt as violence in Kiev that has killed dozens this week triggered fears of port closures and defaults, driving up risk premiums on prices for future shipments, Reuters reported on February 20.
Ports were operating on February 20, allowing goods to leave the country, but traders said new deals were proving difficult on concerns that violence may spread beyond the capital to Ukraine's Black Sea ports in the south.
Banks are reluctant to finance new deals while traders are worried about meeting existing contract deadlines, sources say.
Demonstrations erupted in November after President Viktor Yanukovich bowed to Russian pressure and pulled out of a planned trade and cooperation deal with Brussels. Ukraine is the world's No. 2 grain exporter and about No. 7 in steel.
"Since it became more violent I haven't seen any trade. People are working from home, our office is closed," said a grain trader at an international commodities trade house.
"We already have commitments and you don't want to add to the current commitments," he said.
One Ukraine-based coal trader said that demand for his products had been weak recently, while a steel-products trader said that he had done
...More info on site
|
|
Portugal: Budejovicky Budvar wins exclusive rights to the Budweiser trademark in Portugal
|
The Czech brewery Budvar says a Portuguese trade court has ruled that it will have the exclusive rights to the Budweiser trademark in the country, cancelling the rights owned by rival Anheuser-Busch InBev, The Associated Press reported on February 19.
State-owned Budejovicky Budvar NP has been fighting with Anheuser-Busch for over a century over use of the Budweiser name. The legal battle continued when Anheuser-Busch was taken over by Belgium's InBev in 2008 to create the world's largest brewer.
In a statement on February 19, Budvar says the Lisbon court banned AB InBev from selling any beer under the name Budweiser. It gave Budvar the sole rights to the Budweiser trademark in Portugal.
AB InBev spokeswoman Karen Couck said in an email the ruling has not affected the sales of its beer "under the established Bud brand in Portugal."
|
|
World: SABMiller developing beers to attract wine and spirit drinkers
|
SABMiller is developing beers to attract wine and spirits drinkers as it looks to counter similar innovation drives from rival brewers AB InBev and Heineken to introduce new beer styles, Marketing Week reported on February 19.
The world’s second biggest by sales says it will launch a range of “fruitier” and “sweeter” liquids moving forward in the hopes of appealing to the growing number of discerning alcohol drinkers.
It is currently doing “extensive research” in understanding how to develop beers it can market more prominently around factors such as colour, smell and alcohol level.
Alan Clark, chief executive of SABMiller, told analysts on a conference call on February 19, that the focus on alternative beers aimed to counter “taste harmonisation”, wherein many lager brands end up tasting similar due to brewers attempting to maximise the appeal of their global brands.
He added: “There are many opportunities to innovate and expand beyond beer with a range of products that move from non-alcoholic, to lower-alcohol versions….and to flavoured alcoholic drinks and ciders. We have seen opportunities where we can reverse the trend of spirits and wines gaining share from beer. That’s certainly an objective for ourselves in more mature markets where we think the
...More info on site
|
|
Register a new user (free of charge).
Top
Top News