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Flash Summary

RombBullet Quote of the week
RombBullet Currency rates
RombBullet Brewers equities
RombBullet Market prices change trend
RombBullet Industry news
RombBullet Graph of the week
RombBullet Table of the week
RombBullet Prices evolution
RombBullet Barley prices
RombBullet Theoretical malt prices
RombBullet Scientific digest
RombBullet Business history
RombBullet Agenda
RombBullet News articles




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Last five graphs

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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 evolution



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E-Malt.com Flash 38a
September 15 - September 17, 2014

Quote of the Week

"The difficulty lies not so much in developing new ideas as in escaping from old ones."
John Maynard Keynes

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Currency Rates


Base Currency: Euro
on September 17, 2014
Base Currency: US Dollar
on September 17, 2014
      1 EUR = 1.2949 USD
1 EUR = 0.7980 GBP
1 EUR = 1.4288 CAD
1 EUR = 1.4324 AUD
1 EUR = 138.7200 JPY
1 EUR = 3.0318 BRL
1 EUR = 49.8712 RUB
1 EUR = 7.9716 CNY
      1 USD = 0.7724 EUR
1 USD = 0.6163 GBP
1 USD = 1.1034 CAD
1 USD = 1.1062 AUD
1 USD = 107.1360 JPY
1 USD = 2.3414 BRL
1 USD = 38.5148 RUB
1 USD = 6.1563 CNY


Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend


September 17, 2014
Type Crop 2014 Crop 2015
EUR % EUR %
2rs Barley 178.00-180.00 down0.56% 192.00-194.00 -
6rw Barley 155.00-157.00 down0.64% 161.00-163.00 -
2rs Malt 368.50-370.50 down0.33% 385.50-387.50 -
6rw Malt 340.00-342.00 down0.36% 347.50-349.50 -
Feed Barley 144.00-146.00down1.36% 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.


Top Industry News


Malt news EU: Most Western European malting industries well sold into the year 2015 ...Click here

Brewery news World: Heineken rejects takeover offer from SABMiller as “non-actionable” ...Click here
Brewery news World: AB InBev reportedly talking to banks about financing potential takeover of SABMiller ...Click here
Brewery news India: SABMiller India’s unit posts wider loss and smallest sales growth in three years in its last fiscal year ...Click here

Barley news World: Development of barley production must create apprehension among users - analysts ...Click here
Barley news Mercosur: Barley acreage estimates remain stable ...Click here


More Industry News


Brewery news South Korea: Oriental Brewery to invest $117 mln in improving quality of its products ...Click here
Brewery news India: SABMiller India Ltd launches new strong beer to compete with Carlsberg and AB InBev ...Click here
Brewery news Malaysia: Craft beer’s advent restrained by local beer giants so far ...Click here
Brewery news Iraq: Beer and spirits prices increase as Islamic State militants demand money for each truck passing through their territories ...Click here

Graph of the week



Table of the week

EU Malt Exports


Table of the week.
Prices Evolution

Prices evolution

Barley Prices



Theoretical Malt Prices


Scientific Digest


Volatile vs non-volatile


ABSTRACT
The volatile world of beer is complex, we know. Together with the non-volatile even more! These US researchers looked into the interaction of volatile aroma compounds in beer and non-volatile fractions as proteins and carbohydrates. They found an increase in aroma intensity (apple and banana) with increasing protein levels (perhaps due to the binding of aroma components), and a decrease of dry hop aroma intensity with increasing carbohydrate levels (due to changed viscosity).
Read more

Source: Barth Innovations

These Days in Business History

September 15
1857 Timothy Alder patents typesetting machine
1928 Alexander Fleming discovers penicillin
1952 European Parliament forms in Strasbourg

September 16
1905 Ronald Amundsen discovers Magnetic South Pole
1906 William Crapo Durant incorporates General Motors in Janesville Wisconsin

September 17
642 Arabs conquer Alexandria, library destroyed
2000 The International Monetary Fund issues its World Economic Outlook report, forecasting that "growth is projected to increase in all major regions of the world, led by the continued strength of the U.S. economy, the robust upswing in Europe, the consolidation of the recovery in Asia and the rebound from last year's slowdown in emerging markets." Just weeks later, most regions of the world are tilting toward recession

Agenda




MaltMalt News Malt


Malt newsEU: Most Western European malting industries well sold into the year 2015
The German Statistical Office published malt production figures till March of this year. Barley malt output was up 1.4%, wheat malt increased 23.8%, albeit ...More info on site



BreweryBrewery News Brewery


Brewery newsWorld: Heineken rejects takeover offer from SABMiller as “non-actionable”
Dutch brewing giant Heineken has rejected a takeover offer from London brewer SABMiller saying the proposal is "non-actionable", BBC reported on September 15.

Heineken said ...More info on site


Brewery newsWorld: AB InBev reportedly talking to banks about financing potential takeover of SABMiller
Anheuser-Busch InBev NV is talking to banks about financing a potential megadeal, perhaps reaching $122 billion, to buy global beer rival SABMiller, according to ...More info on site


Brewery newsIndia: SABMiller India’s unit posts wider loss and smallest sales growth in three years in its last fiscal year
The India unit of SABMiller, the world's second-largest brewer, posted a wider loss and its smallest sales growth in three years in the last ...More info on site


Brewery news South Korea: Oriental Brewery to invest $117 mln in improving quality of its products
Oriental Brewery (OB) CEO Chang In-soo apologized on September 16 for a recent dispute over the alleged odour of disinfectant in its Cass beer and pledged to invest 120 billion won ($117 million) to improve the quality of the company's products, The Korea Times reported.

In a press conference, Chang said the brewer has been making all-out efforts to upgrade its quality-control system to be on a par with those of Anheuser-Busch InBev (AB InBev) and other global brewers.

''OB is overhauling its entire business process, spanning from production to sourcing and distribution, to introduce world-class product quality management systems at our three plants,'' Jang said. "I apologize for causing concerns for the dispute (over the smell)."

OB operates three plants in Gwangju and Icheon, Gyeonggi Province; and Cheongju, North Chungcheong Province.

"In 2006, AB InBev introduced a stringent quality management program called Voyager Plant Optimization (VPO). In cooperation with our parent firm, we will produce Cass and other beer brands in accordance with the VPO standard. We will place top priority on our quality control procedures and meeting customer needs,'' the CEO said.

In April, AB InBev acquired OB, which accounts for about 60 percent of Korea's beer market, for $5.8 billion.

Jang's apology and ...More info on site


Brewery news India: SABMiller India Ltd launches new strong beer to compete with Carlsberg and AB InBev
SABMiller India Ltd, the country’s second-largest brewer, has launched a new brand called Miller Ace, as the company looks to tap Indian consumers’ preference for strong brews with a pricey strong beer that will compete with brands sold by Carlsberg Group and Anheuser-Busch InBev, Livemint reported on September 16.

Strong beer, which refers to brews with alcohol content of 5-8%, accounts for 85% of all beer sales in India. Kingfisher Strong, made by United Breweries Ltd, is the best-selling brand in the country but recently people have also shown willingness to shell out cash for far more expensive strong beer labels such as Carlsberg Elephant and Budweiser Magnum.

SABMiller, which owns brands such as Miller High Life, Foster’s and Haywards, will distribute Miller Ace in retail outlets across India over the next six months. A 650 ml bottle of Miller Ace will cost Rs.140 in Delhi. Budweiser Magnum sells for Rs.175 while Kingfisher Strong costs Rs.85 in Delhi. Beer prices vary across states.

SABMiller was planning to launch Miller Ace this financial year to compete with Budweiser Magnum and Carlsberg Elephant, Mint first reported in June.

“Many consumers were expressing the need to trade up to a world-class strong beer ...More info on site


Brewery news Malaysia: Craft beer’s advent restrained by local beer giants so far
Faced with increasing gains across Asia-Pacific, not least in Australia where traditional brewers are fast losing market share, craft beer importers are now eyeing Southeast Asia as a new growth market, Food Navigator-Asia.com reported on September 16.

We often hear how Asia’s developing economies are bringing Western tastes to areas where there was previously little appetite for products like breakfast cereals, dairy products and tinned soups.

Beer, a category which is already well established with most countries having their own brewery majors, is of course not a new product but tastes are changing on a similar path to what we are seeing in developed markets, in that the mass-produced segment is making way for increasingly popular ciders and craft beers.

In Australia, this is happening to the point where consumption of mainstream beers is at its lowest level in over 70 years, whereas craft brewers are cashing in on the rise of the Aussie hipster. Ciders too are becoming a big hit with the young market.

But residents of Kuala Lumpur with a constant thirst for anything containing hops and alcohol may feel like they’ve been left out of this charge.

It is rare to be surprised by a KL pub’s beer selection: more ...More info on site


Brewery news Iraq: Beer and spirits prices increase as Islamic State militants demand money for each truck passing through their territories
Baghdad’s beer-drinkers have it tough. Already shot at and persecuted, they have found prices soaring since Islamic State militants seized large swaths of northern Iraq in June and barred alcohol, Bloomberg reported on September 16.

Liquor shipments heading to the Iraqi capital must bypass Islamic State territory and instead run the gauntlet of Shiite militia check-points, where gunmen demand money for each truck, according to traders. The price of a can of Heineken has surged from $1 to $5, and a bottle of the popular moonshine whiskey Black Jack has jumped from $15 to $50.

“Drinking is our only way to forget about the mayhem, but it’s become very expensive,” said businessman Laith Nadhum, 42, by phone from Baghdad. Islamic State, an al-Qaeda breakaway group, has declared a caliphate in areas under its control that include parts of northern Iraq, enacting brutal measures against the country’s Christian community that has traditionally sold liquor. While Islam prohibits alcohol, Baghdad has had a flourishing drinking scene in the past. Drinkers of all faiths once congregated on Abu Nuwas street, along the east bank of the Tigris.

“We are increasingly losing our customers because of the security situation, a lot of them fled the country,” said ...More info on site



BarleyBarley News Barley


Barley newsWorld: Development of barley production must create apprehension among users - analysts
Although market prices of barley usually follow the general trends of grain markets, the development of world barley production must surely create apprehension amongst ...More info on site


Barley newsMercosur: Barley acreage estimates remain stable
The latest barley acreage estimates have not changed much for Mercosur: Argentina 800 – 850,000 ha, Uruguay 110 -120,000 ha, Brazil 110,000 ha, an ...More info on site


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