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Flash Summary
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E-Malt.com Flash 17b
April 25 - April 28, 2013
Quote of the Week
"There is nothing in the world like the first taste of beer."
John Steinbeck
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Currency Rates
Base Currency: Euro
on April 26, 2013 |
Base Currency: US Dollar
on April 26, 2013 |
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1 EUR = 1.3034 USD
1 EUR = 0.8479 GBP
1 EUR = 1.3330 CAD
1 EUR = 1.2650 AUD
1 EUR = 129.4810 JPY
1 EUR = 2.6241 BRL
1 EUR = 40.8132 RUB
1 EUR = 8.1200 CNY
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1 USD = 0.7673 EUR
1 USD = 0.6505 GBP
1 USD = 1.0227 CAD
1 USD = 0.9705 AUD
1 USD = 99.3425 JPY
1 USD = 2.0133 BRL
1 USD = 31.3124 RUB
1 USD = 6.2298 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 26, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
209.00-211.00 |  0.94% |
223.00-225.00 | 0.88% |
| 6rw Barley |
206.00-208.00 | 0.48% |
213.00-215.00 | 1.38% |
| 2rs Malt |
410.00-412.00 | 0.60% |
423.50-425.50 | 0.58% |
| 6rw Malt |
406.00-408.00 | 0.30% |
411.50-413.50 | 0.89% |
| Feed Barley |
195.00-197.00 | 0.51% |
nq | |
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.
EU: Latest malt output data show different capacity use in EU nations
...Click here
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Belgium & Mexico & USA: Grupo Modelo mergers effective, AB InBev to launch tender offer in coming days
...Click here
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Belgium & Vietnam: AB InBev to construct a brewery in Vietnam
...Click here
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India & the Netherlands: United Breweries inks 1 mln pounds loan agreement with Heineken
...Click here
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Australia & USA: GrainCorp conditionally accepts sweetened A$2.8 bln bid by ADM
...Click here
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UK: Barley exports double in February, imports remain strong as well
...Click here
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Ukraine: Carlsberg Ukraine to increase beer and beverage production this year
...Click here
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Kazakhstan: Barley area may be 1.6 mln ha this year
...Click here
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Malaysia & China: Carlsberg Brewery Malaysia Managing Director to become CEO of Carlsberg Greater China
...Click here
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Pakistan: Murree Brewery announces earnings results for quarter to March, 31
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
How to efficiently dry hop?
ABSTRACT
A work presented at the Young Scientist Symposium was looking into the different
methodologies of dry hopping in the US. In comparing different methods these researchers found that dry hopping with pellets (compared to cone hops) yielded in a better aroma extraction but also higher polyphenol values. It was also found that stirring increases the aroma extraction compared to static dry hopping (even with very long contact time). The concentration of selected marker compounds, as linalool or geraniol, did not increase further after approximately 6hrs. So dry hopping can perhaps be accomplished much faster than generally believed?
Read more
Source: Barth Innovations
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These Days in Business History
April 25
1905 World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities - the biggest failure of a brokerage yet on record
1955 Columbia U scientists develop an atomic clock accurate to within one second in 300 years
April 26
1755 1st Russian university opens (Moscow)
1887 Huntsville Electric Co forms to sell electricity
1904 Bell Telephone Company of Antwerp Belgium forms
April 27
1914 W. H. Carrier patents air conditioner
1925 Netherlands and Great Britain return to gold standard
2005 Airbus A380 makes its first flight from Toulouse, France
April 28
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
Agenda
April 2013:
18-20: Pivovar (Brewer) 2013 (Moscow, Russia)
24: International Brewing Awards Ceremony 2013 (London, UK)
26-27: Salon du Brasseur (Saint-Nicolas-de-Port, France)
27-28: Zythos Beer Festival 2013 (Leuven, Belgium)
May 2013:
16-01 June: The Czech Beer Festival 2013 (Prague, the Czech Republic)
22-25: Pivo (Beer) 2013 (Sochi, Russia)
23-25: Copenhagen Beer Festival 2013 (Copenhagen, Denmark)
24-26: The Annual International Beer Festival Latviabeerfest 2013 (Riga, Latvia)
26-30: European Brewery Convention 2013 (Luxembourg)
29-02 June: Mondial de la Biere (Montreal, Canada)
June 2013:
25-27: Brasil Brau 2013 (Sao Paulo, Brazil)
28: III Field Day of Malting, Kvass and Beer Brewing Industry in Russia (Oboyan, Russia)
July 2013:
17-19: China BevTek 2013 (Shanghai, PR China)
August 2013:
06-09: 4th Iberoamerican VLB Symposium 2013 (Buenos Aires, Argentina)
September 2013:
10-12: V Anniversary International Scientific and Practical Conference "Equipment Facilities and Raw Material Base for Malting, Kvass and Beer Brewing Production" (Moscow, Russia)
21-06 October: Oktoberfest (Munich, Germany)
26-28: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
October 2013:
03-05: Stockholm Beer and Whisky Festival 2012 (Stockholm, Sweden)
30-01 November: The Latin American Barley Congress(Bahia Blanca, Argentina)
More events are available on site e-malt.com
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Malt News
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EU: Latest malt output data show different capacity use in EU nations
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In 2012, Belgium is estimated to have produced a total of 741 thousand tonnes of malt, using 98% of its total malting capacity, an
...More info on site
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Brewery News
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Belgium & Mexico & USA: Grupo Modelo mergers effective, AB InBev to launch tender offer in coming days
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Anheuser-Busch InBev on April, 25 announced the completion of the mergers of Diblo, S.A. de C.V. and Dirección de Fábricas, S.A. de C.V. with
...More info on site
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Belgium & Vietnam: AB InBev to construct a brewery in Vietnam
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Anheuser-Busch InBev, the world's largest beer maker, plans to join rivals with a push into Vietnam at the end of next year, constructing a
...More info on site
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India & the Netherlands: United Breweries inks 1 mln pounds loan agreement with Heineken
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Vijay Mallya-led United Breweries group has inked a loan agreement for one million pounds with Heineken along with a brewing pact, under which if
...More info on site
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Ukraine: Carlsberg Ukraine to increase beer and beverage production this year
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Public joint-stock company Carlsberg Ukraine, one of the largest breweries in Ukraine, expects that in 2013 the company will increase beer and beverage production
...More info on site
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UK: Carlsberg to reduce Tuborg’s alcohol volume
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Carlsberg is looking to bolster the premium positioning of its Tuborg brand in the UK as it cuts the alcohol volume of the drink, Marketing Week reported on April, 5.
The brewer is developing a marketing campaign to convince drinkers the lowering of the abv from 4.6 per cent to 4 per cent will not compromise the taste.
It aims to make the beer brand more “accessible” to younger drinkers, the Danish brewer says, in response to research it conducted which revealed they want a lower-strength premium word beer.
Carlsberg uses music tie-ups and digital marketing to promote Tuborg’s aspirational positioning to younger drinkers, however by cutting the beer’s alcohol volume it hopes to broaden the beer’s appeal among men and women. The move will see the brand go head-to-head with world beers such as Molson Coor’s Corona, which has developed a strong following among casual drinkers through its premium positioning despite being a lower strength beer.
The strategy has been echoed by rival brewers in the past including AB Inbev’s Stella Artois and Diageo’s Guinness as the industry looks to claw back drinkers who have moved to cheaper ciders and rival lower ABV alternatives.
A spokeswoman for Carlsberg says: “We pride ourselves on responding
...More info on site
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Malaysia & China: Carlsberg Brewery Malaysia Managing Director to become CEO of Carlsberg Greater China
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Carlsberg Brewery Malaysia Bhd said Henrik Juel Andersen will assume the role of managing director come July 1, replacing Soren Ravn, 39, who will become CEO of Carlsberg Greater China, The Sun Daily reported.
Carlsberg Malaysia oversees the Malaysia and Singapore operations.
Andersen, 46, is currently regional CEO of Carlsberg IndoChina, a position he has held for five years. He has also held general management positions for Carlsberg in Vietnam, China and Taiwan.
In a statement on April, 24, Carlsberg Malaysia said Ravn and Andersen will be working closely to ensure a smooth transition and handover in Malaysia and Singapore over the next few months.
Meanwhile, Ravn in his new role will oversee China, Hong Kong, Macau and Taiwan, which is a key component of Carlsberg Group's growth platform in Asia.
Comprising 41 breweries, with more than 15,000 employees and around 3 billion litres of annual beer sales, Carlsberg Greater China is one of the largest volume contributors to the Carlsberg group.
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Pakistan: Murree Brewery announces earnings results for quarter to March, 31
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Murree Brewery, Pakistan’s most prominent manufacturer of alcoholic products, has announced its earnings results for the quarter ended March 31, 2013 (3QFY13) and the nine months of the ongoing fiscal year (9MFY13), The Express Tribune reported on April, 25.
The company recorded a profit of Rs175.94 million for the quarter, up an impressive 18% year-on-year (YoY). Its 9MFY13 profit, meanwhile, has registered a staggering 63% increase over the same period of the preceding year. The company has decided not to pay out any dividends with the result.
Murree Brewery has the distinction of being one of the oldest public companies of the subcontinent. Its shares were traded on the Calcutta Stock Exchange as early as 1902, and it is now the oldest continuing industrial enterprise in Pakistan. It ranks among the top 25 performing public listed companies at the Karachi Stock Exchange, according to some accounts.
The company does not advertise its products, and is legally prohibited from exporting them. Nonetheless, it is valuable contributor to the economy, having paid nearly Rs314 million in taxes on profits alone so far this fiscal year, apart from the duties and taxes levied on the sale of its products. That figure is 74% higher than
...More info on site
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Barley News
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Canada: Barley acreage to decline 2.2% this year
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According to Statistics Canada March planting intentions report, the nation’s barley planted area may decline by 2.2% this year – to 7.24 mln acres
...More info on site
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Australia & USA: GrainCorp conditionally accepts sweetened A$2.8 bln bid by ADM
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GrainCorp, Australia’s largest independent grains handler, has conditionally accepted a sweetened A$2.8 billion bid by US food giant Archer-Daniels-Midland, Business Day reported on April,
...More info on site
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UK: Barley exports double in February, imports remain strong as well
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According to Her Majesty's Revenue and Customs (HMRC) data, the UK barley exports for February were 22.6 thousand tonnes, double the amount shipped in
...More info on site
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Kazakhstan: Barley area may be 1.6 mln ha this year
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Kazakhstan's farmers have planted about 300,000 hectares (741,300 acres) of wheat so far and may sow a total 13 million hectares of the grain, farm adviser Agritel forecast earlier this week.
Spring planting in the country, which accounts for more than 95 percent of crop area, is just starting, the Paris-based company wrote on its website. Kazakhstan's barley area may be 1.6 million hectares, Agritel predicted.
The country harvested 12.4 million hectares of wheat and 1.6 million hectares of barley last year, with production of 9.84 million tons and 1.5 million tons respectively after drought hurt yields, U.S. Department of Agriculture data show.
In Kazakhstan's three main grain-growing regions of the country, soil-water reserves are improved compared to last year, Agritel said.
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