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E-Malt.com Flash 17a
April 19 - April 21, 2010
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Quote of the week

"Brewers enjoy working to make beer as much as drinking beer instead of working"
Harold Rudolph

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Currency Rates
Base Currency: Euro, EUR
on 21-April-2010

1 EUR = 1.3469 USD
1 EUR = 0.8769 GBP
1 EUR = 1.3553 CAD
1 EUR = 1.4482 AUD
1 EUR = 125.215 JPY
1 EUR = 2.364 BRL
1 EUR = 39.2395 RUB
1 EUR = 9.2071 CNY
Base Currency: US Dollar
on 21-April-2010

1 USD = 0.7426 EUR
1 USD = 0.651 GBP
1 USD = 1.0063 CAD
1 USD = 1.0752 AUD
1 USD = 92.9758 JPY
1 USD = 1.7552 BRL
1 USD = 29.1337 RUB
1 USD = 6.8359 CNY
Currency Rates, EUR/USD Chart

Equities of the Largest Breweries

Equities of the Largest Breweries

Average Market Prices Change Trend

April 21, 2010

Type Crop 2009 Crop 2010
2rs Barley EUR93.0-97.0 EUR127.0-131.0 0.78%
6rw Barley EUR91.0-95.0 EUR109.0-113.0
2rs Malt EUR272.0-276.0 EUR309.5-313.5 0.32%
6rw Malt EUR269.5-273.5 EUR287.5-291.5
Feed Barley EUR86.0-90.0 nq nq

Note: Just click on the price link and you will be led to our Market Price History. Average barley market prices are French and are estimated on FOB Creil basis. Average Malt Prices are theoretical and 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

World: Reduced malt input results most often in lower beer quality ...Click here
World: SABMiller reports flat volumes for the year to March 31, financial performance in line with its expectations ...Click here
The Netherlands: Heineken’s first quarter revenue down 3.5%, beer volume drops 5.3% organically ...Click here
China: SABMiller to gain pricing power in a market averse to price rises ...Click here
Canada: Beer sales continue to increase in 2009, imported beer outpaces domestic products ...Click here
China: SABMiller rumoured to be interested in Chongqing Brewery Co ...Click here
China: Beijing Yanjing Brewery’s Q1 net profit up 27% yoy ...Click here
EU: Barley acreage forecast to drop fast in three years to come ...Click here


More News


Chile: Brewer CCU plans $150 million investment as it sees some upturn in Chile, Argentina’s economy ...More Info
China: AB InBev lays foundation for its first brewery in Southwest China ...More Info
Denmark: Carlsberg rises as analysts expect it to win market share in Russia in Q2 and Q3 ...More Info
Ireland: Diageo explains British malt in Guinness has more to do with quality, not price ...More Info
Japan: Asahi Breweries to transform its overseas business aiming at stabilizing profits, looks for M&A ...More Info
Latvia: Brewer Cesu alus achieves 29% market share in 2009 ...More Info
The Netherlands: SABMiller launches Peroni Nastro Azzurro to offer Dutch consumers ‘distinctive and stylish alternative’ ...More Info
United Kingdom: AB InBev presents new variant of Budweiser ...More Info
Go to our news database with more than 16849 articles.
Today with the possibility to be translated in 7 different languages!
DE FR SP IT PT RU CN

Brewery News

World: SABMiller reports flat volumes for the year to March 31, financial performance in line with its expectations
SABMiller plc, the world’s second-largest brewer, published on April, 20 an update on trading for the 12 months to 31 March 2010.

On an organic ...More Info

The Netherlands: Heineken’s first quarter revenue down 3.5%, beer volume drops 5.3% organically
Dutch brewing giant Heineken N. V. said on April, 21 its first quarter 2010 revenue declined 3.5% to €2,936 million, due to changes in ...More Info

China: SABMiller to gain pricing power in a market averse to price rises
SABMiller is starting to gain pricing power in China, in a sign that years of consolidation in the world’s largest beer market are starting ...More Info

Canada: Beer sales continue to increase in 2009, imported beer outpaces domestic products
Beer and liquor stores and agencies sold C$19.4 billion worth of alcoholic beverages during the year ending March 31, 2009, up 3.0% from the ...More Info

China: SABMiller rumoured to be interested in Chongqing Brewery Co

World’s No. 2 brewer SABMiller plc plans to bid for a 12.25% stake in Chongqing Brewery Co, which is currently 17.46%-owned by Carlsberg Group, the Economic Observer reported on April, 16, citing unnamed sources familiar with the matter as saying.

Last week, Chongqing Beer (Group) Co, the largest shareholder of Chongqing Brewery, said that it plans to sell 59.30 million shares, or a 12.25% stake, in Chongqing Brewery, adding that domestic and overseas bidders should submit bidding documents within in ten working days after the announcement.

SABMiller, the London-based brewer, holds a 49% stake in China Resources Snow Breweries.

Shanghai-listed Chongqing Brewery sold 1 million kiloliters of beer last year, 2.11% more than in 2008. The company's net profit attributable to shareholders rose 10.91% year on year, hitting RMB 181 million and operating revenue was RMB 2.26 billion, up 6.56% from a year earlier, according to an earlier report from China Knowledge.

In 2010, the brewery aims to sell 1.12 million kL to reap RMB 2.59 billion in operating revenue. Capital expenditure could reach RMB 1.49 billion.


China: Beijing Yanjing Brewery’s Q1 net profit up 27% yoy

Beijing Yanjing Brewery recorded operating revenue and net profit of 2.087 billion yuan and 30.76 million yuan in the first quarter of this year, NetEase cited a company filing on April, 20.

The brewer’s operating revenue and net profit thus grew by 10.32 percent and 26.54 percent respectively year-on-year.

The company sold 940,000 kiloliters of beer in the first quarter, of which its own products accounted for 890,000 kiloliters, an increase of 5.95 percent year-on-year.


Malt News

World: Reduced malt input results most often in lower beer quality

At the beginning of the financial and economic crisis brewers, especially the large groups, reduced both stocks and purchase contracts sharply, an analysts’ research note posted earlier this month reminds.

Brewers had to cope with lower disposable incomes of consumers, with higher beer taxes in a number of countries, with anti-smoking laws, and a continuing trend towards wine and other beverages in the richer countries.

Statistics show that beer sales dropped less than malt purchases by brewers: Japan, China, Russia and Ukraine are the extreme examples of reducing malt input in beer, for different reasons and with different replacements.

China’s malt basis of beer is about 7 kilos/hl, Russia reduced its malt input by at least 50% and brews a number of beers exclusively with raw barley and enzymes.

All over the world usage of malt substitutes has increased, most often to the detriment of beer quality.

Recently Euromalt, the European maltsters’ association, and Pilsner Urquell, the No. 1 brewer of the Czech Republic, have protested the continuing change of the product “beer” to an unspecific drink, and asked for legal help to protect the “real beer”, which is not exclusively, but mainly brewed of malt, water, hops and yeast.


Barley News

EU: Barley acreage forecast to drop fast in three years to come
Although there is strong support from southern and eastern EU countries for the French proposal to maintain most of the traditional CAP (Common Agricultural ...More Info
Scientific Digest

Extraction of Bitter Acids from Hops and Hop Products Using Pressurized Solvent Extraction (PSE)

Jiří Čulík, Marie Jurková, Tomáš Horák, Pavel Čejka, Vladimír Kellner, Josef Dvořák, Pavel Karásek and Michal Roth

J. Inst. Brew. 115(3), 220–225, 2009
ABSTRACT
The EBC method 7.7, currently used for determination of bitter acids in hop products, is a time-consuming and laborious extraction technique. In this paper, our aim was to propose a new extraction method based on Pressurized Solvent Extraction (PSE) sometimes also called Pressurized Fluid Extraction (PFE) or Accelerated Solvent Extraction (ASE). Compared to conventional extractions, PSE offers a number of important benefits. PSE on OnePSE® automated extractor was used for extraction of ?- and ß-acids from hops and hop products and the parameters influencing extraction efficiency and the influence of the sample preparation method were studied. The quantitative determination of ?- and ß-acids in the extracts was accomplished by using an HPLC apparatus equipped with diode array detector. The experimental results were compared with those obtained by the standard EBC 7.7 method and the two methods were found to be fully compatible Key words: analysis, bitter acids, hops, hop products, pressurized solvent extraction, PSE. Load full article, 6 pages, 211kb , PDF file

Barley prices.
Malting and Feed Barley Prices
Prices Evolution

Prices evolution

Table of the week
Beer Market in Switzerland 2000-2009

Table of the week.
Graph Of The Week



These Days in Business History
April 19
1662 Royal Society incorporates
1940 1st electron microscope demonstrated (RCA),
1948 ABC-TV network begins

April 20
1926 1st check sent by radio facsimile transmission across Atlantic
1948 1st Polaroid camera was sold in US
1973 Canadian ANIK A2 becomes 1st commercial satellite in orbit

April 21
1654 England and Sweden sign trade agreement
1982 Dr. Michael E. Bakey performs 1st successful heart implant
1983 1 pound coin introduced in United Kingdom
Agenda