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Flash Summary
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E-Malt.com Flash 22a
May 27 - May 29, 2013
Quote of the Week
"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth."
Marcus Aurelius
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Currency Rates
Base Currency: Euro
on May 29, 2013 |
Base Currency: US Dollar
on May 29, 2013 |
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1 EUR = 1.2904 USD
1 EUR = 0.8554 GBP
1 EUR = 1.3366 CAD
1 EUR = 1.3379 AUD
1 EUR = 131.5260 JPY
1 EUR = 2.6627 BRL
1 EUR = 40.5767 RUB
1 EUR = 7.9782 CNY
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1 USD = 0.7750 EUR
1 USD = 0.6629 GBP
1 USD = 1.0358 CAD
1 USD = 1.0368 AUD
1 USD = 101.9290 JPY
1 USD = 2.0634 BRL
1 USD = 31.4445 RUB
1 USD = 6.1826 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 29, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
204.00-206.00 |  0.49% |
215.00-217.00 |  |
| 6rw Barley |
199.00-201.00 |  0.50% |
207.00-209.00 | |
| 2rs Malt |
404.50-406.50 | 0.30% |
414.00-416.00 | |
| 6rw Malt |
398.00-400.00 | 0.31% |
404.00-406.00 | |
| Feed Barley |
185.00-187.00 | 0.54% |
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.
Australia: SABMiller’s Australian unit reports good performance in the year to March, 31
...Click here
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Russia: January–April beer output down 10.7% - Rosstat
...Click here
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Poland: Beer sales increase by 4.2% in the year to March, 31
...Click here
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Thailand & Myanmar: ThaiBev seeking greater presence in Myanmar
...Click here
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Vietnam: Beer consumption and competition within the industry rapidly increasing
...Click here
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Zambia: SABMiller’s subsidiary officially opens new 1 mln hl brewery in Ndola
...Click here
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EU: Malting barley harvest expected to bring good news for brewers
...Click here
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UK: Barley availability in 2012/13 forecast higher this month
...Click here
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USA: Beer volume sold during the month to May 11 drops 0.6%
...Click here
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Italy & Serbia: Italy’s Tramite Holding agrees on partnership with Serbian brewery
...Click here
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Turkey: Government moves to restrict alcohol sales and ban advertising
...Click here
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Tanzania: Rising disposable income and expanding population laying the foundation for growh in the beer industry
...Click here
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Graph of the week
Table of the week
Canada Beer Sales 2006 - 2012
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Identification and Quantification of the Oxidation Products Derived from Alpha-Acids and Beta-Acids During Storage of Hops (Humulus lupulus L.)
ABSTRACT
We have a general idea about what is happening during hops storage in terms of degredation of bitter acids. But until now, it was not clear what the exact degredation products were and how these can be analysed. This Japanese research
team extensively investigated the reaction patterns during hop storage at different
temperatures and came to the following conclusion: The temperature for storage affects the oxidative reaction speed, but does not change the composition of generated hydrophilic oxidation products (humulinones, 4-hydroxyallohumulinones,
and hulupones). At 60 C, the observed compositional change curves resembled those at 40 C, while the reaction speed was about 10 times faster. Also the HPLC conditions to analyse these products are described. However, sensory experiments are needed to show what these findings mean in regard to beer quality.
Read more
Source: Barth Innovations
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These Days in Business History
May 27
1895 British inventor Birt Acres patents film camera/projector
1952 European Defense Community forms
1969 Walt Disney World construction begins
May 28
1783 Benjamin Tower of Philadelphia publishes 1st daily newspaper in U.S.
1849 Patent for lifting vessels granted to Abraham Lincoln
1863 Georg Adler, German state economist is born
May 29
1527 University of Marburg (Germany) founded
1848 William G. Young patents ice cream freezer
1933 Patent on invisible glass installation
Agenda
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)
16-20: Drinktec 2013 (Munich, Germany)
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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Brewery News
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Australia: SABMiller’s Australian unit reports good performance in the year to March, 31
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When London-listed SABMiller launched an $11.8 bln cash bid for Australian brewer Foster’s in 2011, analysts and investors were not impressed, Business Day reported
...More info on site
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Poland: Beer sales increase by 4.2% in the year to March, 31
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Domestic sales of Polish beer increased by 4.2 percent over the last financial year, which ended on 31 March, The News reported on May,
...More info on site
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Thailand & Myanmar: ThaiBev seeking greater presence in Myanmar
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Thai Beverage Plc (ThaiBev) is seeking a greater presence in Myanmar through its partnership with Fraser and Neave Ltd (F&N), the Singaporean firm acquired
...More info on site
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Russia: January–April beer output down 10.7% - Rosstat
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Production of vodka and other spirits in Russia dropped 23.3 percent in the first four months of 2013 year-on-year to 0.57 million hl, a
...More info on site
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Vietnam: Beer consumption and competition within the industry rapidly increasing
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Though the consumption level has been increasing rapidly, having reached 3 billion litres per annum, Vietnam still has 10 percent of output in excess,
...More info on site
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Zambia: SABMiller’s subsidiary officially opens new 1 mln hl brewery in Ndola
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Zambian Breweries Plc has officially opened its new one million hectolitre plant at its Ndola Brewery on May, 24, 4-traders reports.
His Honour the Republican
...More info on site
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USA: Beer volume sold during the month to May 11 drops 0.6%
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Despite a tough few months for the beer business, overall sales in dollar terms inched up in May, due in part to the new upmarket Budweiser Black Crown's introduction to consumers, the Wall Street Journal said on May, 24.
According to Nielsen data, volume of beer sold in the four weeks to May 11 dropped 0.6 percent, but sales in dollar terms were up 1.5 percent, boosted by Black Crown sales.
Anheuser-Busch and MillersCoors both reported a bad month. However, Boston Beer Co., which produces the Samuel Adams brand, reported its overall sales were up 43 percent.
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Italy & Serbia: Italy’s Tramite Holding agrees on partnership with Serbian brewery
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The owner of the brewery chain Tramite Holding SpA in north Italy, Giantonino Tramet, and Jagodina brewery, Serbia, agreed on a partnership at a meeting on May, 27, ANSAmed reported.
Jagodina mayor Dragan Markovic said it was agreed that the owner of Tramite, Gianantonio Tramet, will visit the Jagodinska brewery on June 10, and the start of business was expected in September at the latest.
“We are expecting Tramet to buy Jagodinska brewery or make investments in the production and marketing,” he explained.
Tramet pointed out that he was ready to make business with Jagodinska brewery and that he was hoping that on June 10 he would sign a concrete contract on cooperation and agree on concrete beer amounts that would be distributed to the Serbian and foreign market.
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Turkey: Government moves to restrict alcohol sales and ban advertising
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The government in Turkey is making a move to restrict alcohol sales and ban advertisements, which has alcohol producers worried and secular Turks concerned that the government has an Islamist agenda, the Wall Street Journal reported on May, 28.
Last Friday, May, 24, Parliament passed a bill that would ban retail alcohol sales between the hours of 10 am and 6 pm, as well as completely ban alcohol advertising and promotions of alcohol-related products.
Prime Minister Recep Tayyip Erdogan said the new regulations are intended to bring Turkey in line with other “advanced economies” such as the United States.
Meanwhile, secular Turks are criticizing the new regulations, saying the legislative package “builds on a series of restrictions” introduced by Erdogan’s “Islamist-leaning Justice and Development Party, which swept to power in 2002, ending the staunchly secularist military's decades long hold over civilian politics,” writes the newspaper.
Some also say that the government's curb on alcohol follows a pattern — such as failed attempts at more conservative uniforms and a ban on red lipstick at Turkish Airlines — which could jeopardize its broad support over the past five years.
Alcohol industry executives are saying that the new regulations are targeting lifestyle choices. "At this
...More info on site
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Tanzania: Rising disposable income and expanding population laying the foundation for growh in the beer industry
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No longer is beer just a social lubricant – it has become big business in Tanzania, Ventures reported on May, 26.
It was not long ago that low consumption of alcohol, particularly beer, in the country jaded investors on the potential of the sector. Tanzania currently ranks as the 6th biggest beer market in Africa, according to a report by Deutsche Bank. This ranking is an optimistic change but does not speak to the increasing potential in the country.
Tanzania’s rising spending power (or disposable income) and expanding population lay the foundation for the growth. The country lacks the stringent laws on distribution and sale of alcohol beverages vastly associated with Kenya. Popular beers such Tanzabeer can be found in the United Kingdom. Still some hurdles remain.
A large Muslim population, for example, helps to explain the lower alcohol consumption as compared to Kenya. Capacity expansion is often myriad of problems that extend beyond simple capital injection. Absent large commercial farming, sourcing barley requires building a strong and reliable network of smallholder farmers. Developing a local management team exposes the challenges the country faces in building a sufficiently skilled labor force.
Regardless the challenges, says one Diageo representative, optimism is rightly placed. Backed
...More info on site
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Barley News
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EU: Malting barley harvest expected to bring good news for brewers
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Western Europe's 2013 malting barley harvest will be good news for brewers with prices expected to fall to 6% below last year's, an analyst
...More info on site
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UK: Barley availability in 2012/13 forecast higher this month
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UK barley availability is forecast by HGCA higher this month, at 6.652 mln tonnes in 2012/13, entirely as a result of a 30 thousand
...More info on site
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