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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
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E-Malt.com Flash 11b
March 17 - March 20, 2016

Quote of the Week

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Currency Rates

Base Currency: Euro
on March 18, 2016
Base Currency: US Dollar
on March 18, 2016
      1 EUR = 1.1311 USD
1 EUR = 0.7822 GBP
1 EUR = 1.4701 CAD
1 EUR = 1.4828 AUD
1 EUR = 126.2800 JPY
1 EUR = 4.1438 BRL
1 EUR = 77.1572 RUB
1 EUR = 7.3317 CNY
      1 USD = 0.8873 EUR
1 USD = 0.6971 GBP
1 USD = 1.3045 CAD
1 USD = 1.3136 AUD
1 USD = 111.9200 JPY
1 USD = 3.7026 BRL
1 USD = 68.5598 RUB
1 USD = 6.4740 CNY

Currency Rates Chart

Equities of the Largest Breweries

Breweries Equities

Average Market Prices Change Trend

March 18, 2016
Type Crop 2015 Crop 2016
2rs Barley 165.00-167.00 up0.61% 182.00-184.00 -
6rw Barley 147.00-149.00 up0.68% 155.00-157.00 -
2rs Malt 355.00-357.00 up0.35% 373.00-375.00 -
6rw Malt 333.00-335.00 up0.37% 340.00-342.00 -
Feed Barley 137.00-139.00up0.73% 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 Russia: Baltic Malting Company faces bankruptcy suit ...Click here

Brewery news China: China Resources Beer announces nearly 14% rise in beer operations profits last year ...Click here
Brewery news EU: AB InBev sells €13.25 billion in debt to finance a portion of its takeover of SABMiller ...Click here
Brewery news The Philippines: San Miguel Corp.’s beer business posts higher revenues in 2015 ...Click here
Brewery news Namibia: Namibia Breweries Limited produces solid results for half year to December 31 ...Click here

Barley news Canada: Barley production, export, domestic use forecast to increase in 2016-17 ...Click here
Barley news EU: Winter crops look good in the important barley-growing regions ...Click here
Barley news Australia: Barley crop estimate increased but malting barley quality very disappointing this year ...Click here

More Industry News

Brewery news India: Heineken likely to ask Vijay Mallya to step down from board of United Breweries - sources ...Click here
Brewery news Vietnam: Vietnam brewers calling for government to rethink new luxury tax policy ...Click here
Brewery news USA: MillerCoors to keep its name and headquarters in Chicago ...Click here

Graph of the week

Table of the week

World Barley Import, Production, Consumption, and Ending Stocks by Region

Table of the week.
Prices Evolution

Prices evolution

Barley Prices

Theoretical Malt Prices

Scientific Digest


Using the U.S. hop variety Lemondrop, a German research team investigated how beer type influences the concentrations of hop aroma compounds and how these concentrations change over time. With the GC-method described they were able to determine not only monoterpene alcohols and some sesquiterpenes, but also various esters in the late and dry hopped beers. The results showed significantly higher concentrations of the mono- and sesquiterpenes myrcene, beta-caryophyllene, alpha-humulene, beta-farnesene and beta-limonene in the pale ale style beer when compared to pilsner type beer (maybe filtration has an effect). No significant differences in these two beers styles were found for the more polar terpene alcohols linalool, geraniol, and alpha-terpineol. Only the amount of beta-citronellol differed, which was lower in the pale ale. The behavior of esters among themselves was different. A significantly higher amount of isoamyl acetate was detectable in the pale ale, and little difference was seen in 2-methylbutyl isobutanoate between the two beers types. Ethyl dodecanoate was detectable in a higher amount in the pilsner as compared to the pale ale. It was thought that perhaps the differences for esters were influenced by the types of yeast used in fermentation. A higher concentration of 2-undecanone was seen in the pale ale but no significant differences were detected for 2-nonanone and 2-decanone. With regard to stability of the aroma compounds, all showed a decrease in concentration over the storage time of 12 months except for alpha-terpineol.

Schmidt, CHeadspace Trap GC-MS analysis of hop aroma compounds in beer, Brewing Science, January / February 2016 (Vol. 69)

Read more
Source: Barth Innovations

These Days in Business History

17 March
1845 - Bristol man, Henry Jones, patents self-raising flour
1968 - 2-tiered gold price negotiated in Washington D.C. by U.S. and 6 European nations
1997 - CNN begins spanish broadcasts

18 March
1850 - Henry Wells and William Fargo forms American Express in Buffalo
1938 - Mexico takes control of foreign-owned oil properties
1985 - Capital Cities Communications Inc. acquires ABC

19 March
1775 - Poland and Prussia sign trade agreement
1831 - 1st U.S. bank robbery (City Bank, New York/$245,000)
1965 - Indonesia nationalizes all foreign oil companies

20 March
1886 - 1st AC power plant in U.S. begins commercial operation, Massachusetts
1991 - U.S. forgives $2 billion in loans to Poland
2000 - Shares in MicroStrategy Inc., a hot software consulting firm, fall from $246.75 to $86.75 in a single day as chairman Michael Saylor announces that the company will have to slash its reported revenues and earnings for the past two years


World Beer Cup 2016

March 2016:
01-03: ProPak Vietnam 2016 (Ho Chi Minh City, Vietnam)
04-06: Barcelona Beer Festival 2016 (Barcelona, Spain)
07-09: VLB Brewing and Engineering Conference 2016 (Soest, Germany)
09-12: Brazilian Beer Festival 2016 (Blumenau, Brazil)
12: Festival de Cerveza Artesanal 2016 (San Jose, Costa Rica)
14-18: IBD Asia Pacific Convention 2016 (Sydney, Australia)
16-18: BeerX 2016 (Sheffield, UK)
16-18: Expo Antad & Alimentaria Mexico 2016 (Mexico City, Mexico)
23-25: St. Petersburg Brewers Forum 2016 (St. Petersburg, Russia)

April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
07-09: Warsaw Beer Festival 2016 (Warsaw, Poland)
13-15: Siberian Beer 2016 (Novosibirsk, Russia)
15-16: Helsinki Beer Festival 2016 (Helsinki, Finland)
23-24: Zythos Beer Festival 2016 (Leuven, Belgium)
Zythos Beer Festival 2016

May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
17-20: Beer (Pivo) 2016 (Sochi, Russia)
18-19: Brewing Equipment and Technology 2016 (Birmingham, UK)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
20-18 June: Great Australian Beer Spectacular (GABS) 2016 (Melbourne - Sydney - Auckland, Australia)
25-29: Latvia Beer Fest 2016 (Riga, Latvia)

June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
09-11: South Beer Cup 2016 (Curitiba, Brazil)
14-16: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2016 (Shanghai, China)

July 2016:
02: Beer Boot Camp 2016 (Johannesburg, South Africa)
07-10: Artbeerfest 2016 (Caminha, Portugal)
09: Beer Boot Camp 2016 (Cape Town, South Africa)
13-15: ProPack China 2016 (Shanghai, China)

August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)

September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)

October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
08-10: Brouwplus 2016 (Antwerp, Belgium)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)

November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)

December 2016:
15-17: drink technology India 2016 (Mumbai, India)

More events are available on site e-malt.com

MaltMalt News Malt

Malt newsRussia: Baltic Malting Company faces bankruptcy suit
The official website of the Arbitration Court of St. Petersburg and Leningrad Region has published an announcement regarding a bankruptcy suit filed against Baltic ...More info on site

BreweryBrewery News Brewery

Brewery newsChina: China Resources Beer announces nearly 14% rise in beer operations profits last year
China Resources Beer, which bought out SABMiller’s joint venture stake in the company earlier this month to smooth the way for AB InBev’s takeover ...More info on site

Brewery newsEU: AB InBev sells €13.25 billion in debt to finance a portion of its takeover of SABMiller
Drinks giant Anheuser-Busch InBev NV sold €13.25 billion ($14.8 billion) in debt on March 16 in the largest sale ever of euro-denominated corporate bonds.

The ...More info on site

Brewery newsThe Philippines: San Miguel Corp.’s beer business posts higher revenues in 2015
Conglomerate San Miguel Corp. said on March 17 net profit before the unrealized foreign exchange losses increased 26 percent year-on-year to P38.2 billion in ...More info on site

Brewery newsNamibia: Namibia Breweries Limited produces solid results for half year to December 31
Namibia Breweries Limited produced solid results for the half-year ended December 31, 2015, supported by good growth in operating earnings, despite volume migrations to ...More info on site

Brewery news India: Heineken likely to ask Vijay Mallya to step down from board of United Breweries - sources
Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer, three people with direct knowledge of the plan told Reuters.

They said such a move would likely be a prelude to the Dutch drinks firm raising its stake in the maker of Kingfisher beer to above 50 percent, betting on a small but fast-growing beer market.

Heineken acquired a 37.5 percent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle and has since increased its holding to 42.4 percent. With Mallya distracted by debts from a collapsed airline venture, this could be a timely grab by Heineken in a market that is growing much faster than the global average.

Two-thirds of Indians don't drink alcohol, often for religious or cultural reasons, but rapid urbanization and a rising middle class are changing consumer habits. India accounts for 13 percent of world beer consumption, and annual volume growth is expected to outpace the global average, and major markets like China, through 2019, according to ratings agency Moody's.

The sources said Heineken was considering asking Mallya to step down from the United Breweries board he chairs. ...More info on site

Brewery news Vietnam: Vietnam brewers calling for government to rethink new luxury tax policy
Many brewers in Vietnam, one of the largest beer markets in Asia, are calling for the government to rethink its new luxury tax policy, saying higher taxes will push prices up and hurt sales, Thanh Nien News reported on March 18.

According to local media reports, the companies said at a meeting on March 16 that they are very concerned about their business.

On January 1, the special consumption tax rate on beer was increased from 50 percent to 55 percent.

On top of that, new regulations also changed how the tax is calculated. Brewers are now required to work out the average retail price of a product, then add 7 percent to that number to come up with the final taxable price.

Speaking at the meeting, Le Hong Xanh, deputy CEO of the country's biggest beer maker Sabeco, said the government should suspend the new rules for at least one year, or brewers will have to increase their prices to make up for the tax hike.

Nguyen Hong Linh, CEO of Habeco, another major brewer, agreed. He said businesses need more time to prepare for the changes and reduce business risks.

He pointed out that the new rules were announced at ...More info on site

Brewery news USA: MillerCoors to keep its name and headquarters in Chicago
MillerCoors will keep its headquarters in Chicago after Molson Coors purchases the 58 percent of the joint venture that it doesn't already own, The Denver Post reported on March 17.

MillerCoors will also keep its name, according to a letter that Molson Coors CEO Mark Hunter sent to employees on March 17. The business will be called "MillerCoors, a Molson Coors company," the letter said.

And Molson Coors will keep its corporate operational headquarters in Denver, the letter said.

Molson Coors announced in November that it was buying the rest of MillerCoors, a deal valued at $12 billion.

The purchase is part of Anheuser-Busch InBev's $107 billion proposed tie-up with SABMiller, which currently owns a majority share of MillerCoors. SABMiller is divesting its half of MillerCoors to ease anti-trust concerns.

InBev's takeover of SABMiller is subject to review by government regulators. The transaction is expected to close in the second half of this year.

The announcement on March 17 ends months of uncertainty, especially for MillerCoors employees in Chicago.

Hunter wrote in the letter that the company wants to ease any anxieties over the acquisition "as quickly as possible as decisions are made."

"While these are exciting times for both organizations, we recognize the anxiety and distraction that ...More info on site

BarleyBarley News Barley

Barley newsCanada: Barley production, export, domestic use forecast to increase in 2016-17
In 2015-16, Canada’s domestic barley use is forecast to increase by 10% to 6.1 mln tonnes, due to increased feed use, Agriculture and Agri-Food ...More info on site

Barley newsEU: Winter crops look good in the important barley-growing regions
The monthly (EU) MARS Bulletin confirmed moderate winter conditions in Europe. Isolated winter kill had occurred in Eastern Europe around the turn of the ...More info on site

Barley newsAustralia: Barley crop estimate increased but malting barley quality very disappointing this year
In its February report, ABARES increased its estimate of the barley crop to 8.5 mln tons, with larger numbers for New South Wales and ...More info on site

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