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Flash Summary
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E-Malt.com Flash 26a
June 24 - June 26, 2013
Quote of the Week
"Bread is the staff of life, but beer's life itself."
English proverb
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Currency Rates
Base Currency: Euro
on June 26, 2013 |
Base Currency: US Dollar
on June 26, 2013 |
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1 EUR = 1.3113 USD
1 EUR = 0.8494 GBP
1 EUR = 1.3771 CAD
1 EUR = 1.4169 AUD
1 EUR = 128.0080 JPY
1 EUR = 2.9206 BRL
1 EUR = 43.0410 RUB
1 EUR = 8.1280 CNY
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1 USD = 0.7627 EUR
1 USD = 0.6478 GBP
1 USD = 1.0502 CAD
1 USD = 1.0806 AUD
1 USD = 97.6241 JPY
1 USD = 2.2273 BRL
1 USD = 32.8231 RUB
1 USD = 6.1985 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 26, 2013 |
| Type |
Crop 2012 |
Crop 2013 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
196.00-198.00 |  0.51% |
207.00-209.00 |  |
| 6rw Barley |
190.00-192.00 | 0.52% |
199.00-201.00 | |
| 2rs Malt |
395.00-397.00 | 0.31% |
404.00-406.00 | |
| 6rw Malt |
387.50-389.50 | 0.32% |
394.00-396.00 | |
| Feed Barley |
172.00-174.00 | 1.14% |
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.
China: Tsingtao Brewery expected to report 7% growth in sales volumes in Q2 2013
...Click here
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World: SABMiller to develop and differentiate brands, focus on developing markets for growth
...Click here
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Japan: Suntory Holdings’ modest share price for much-anticipated initial public offering reflects weaker demand from investors amid volatile markets
...Click here
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World: Weather conditions essential for malting barley of which carry-over stocks are small in Europe, Canada, and Mercosur
...Click here
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France: Spring barley crops condition improved in recent weeks
...Click here
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Australia: Barley exports progressing, domestic feed demand good in view of dryness in parts of the country
...Click here
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Africa: SABMiller’s South African Castle Lager launching itself as a regional brand across the rest of the continent
...Click here
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India: Carlsberg launches fruit flavoured strong Tuborg Booster beer
...Click here
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USA & Australia: GrainCorp board reaffirms support of ADM offer
...Click here
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Mozambique: SABMiller’s Cervejas de Moçambique increases purchases of cassava for brewing
...Click here
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Ukraine & Russia: Carlsberg Ukraine starts shipping Lvivske Svitle beer to Russia
...Click here
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Thailand & Myanmar: Chang Beer the most trafficked beer brand from Thailand into Myanmar
...Click here
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India: Former CEO of Carlsberg India and Foster’s India aiming at making beer as easily available as coffee
...Click here
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Graph of the week
Source: USDA, May 2013
Table of the week
Canada Barley Supply and Disposition as of May 21, 2013
Prices Evolution
Barley Prices
Theoretical Malt Prices
Average Seafreight Rates by Destination
Port of Origin: Antwerp, Belgium
Scientific Digest
Fruits from the Hallertau
ABSTRACT
Specifically looking into the brewing properties of the new hop varieties from the Hallertau was the task of A. Forster. Using whirlpool hopping and dry hopping in standardised brewing trials he concluded that the dosing of hops should be based on the oil content for a consistent aroma. Beer brewed with Mandarina Bavaria and Hallertau Melon were preferred over beers with Hallertau Blanc. The latter variety, associated with white wine flavours, polarised the assessors. In terms of bitterness, the quality of bitterness of whirlpool and dry hopped beers was equal.
Read more
Source: Barth Innovations
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These Days in Business History
June 24
1839 Gustavus Franklin Swift, founded Swift and Co
1932 David McTaggart is born, co-founder, Greenpeace
1963 1st demonstration of home video recorder, at BBC Studios, London
June 25
1919 1st advanced monoplane airliner flight (Junkers F13)
1920 League of Nations places International head of Justice in Hague
June 26
1498 Toothbrush invented
1919 N.Y. Daily News begins publishing
Agenda
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)
21/09 -06/10: 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)
30/10 - 01/11: 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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China: Tsingtao Brewery expected to report 7% growth in sales volumes in Q2 2013
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Tsingtao Brewery Co, China's second largest brewer by capacity, will probably see its sales volume growth drop to 7% in Q2 2013 due to
...More info on site
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World: SABMiller to develop and differentiate brands, focus on developing markets for growth
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SABMiller will continue to develop and differentiate its beer and soft drinks brand portfolios, with a focus on developing markets for growth, new CEO
...More info on site
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Japan: Suntory Holdings’ modest share price for much-anticipated initial public offering reflects weaker demand from investors amid volatile markets
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The food and drink unit of the Japanese brewing company Suntory Holdings set a modest share price for its much-anticipated initial public offering, reflecting
...More info on site
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Africa: SABMiller’s South African Castle Lager launching itself as a regional brand across the rest of the continent
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Castle Lager, a brand synonymous with SABMiller’s heritage in South Africa, has begun to launch itself as a regional beer product across the rest of Africa, according to John Manser, acting chairman of SABMiller, Ventures Africa reported on June, 25.
Manser, writing in the world second biggest brewer’s latest annual report, said Castle Lager had posted its second year of double-digit growth on the back of strong trade in Africa.
“This demonstrates that even a brand with over 100 years of sales behind it can remain relevant to a new generation of consumers,” Manser said.
Manser said in many of the emerging markets SABMiller had now embarked on the “premiumisation” of the beer class.
This has prompted the company to start local premium beers that trade on “national pride” and present inexpensive luxury to drinkers wanting to trade up.
“At the lower end of the price ladder, particularly in Africa, we have set out to compete with informal alcohol through the development of affordable beers made from locally available ingredients,” Manser said.
“We started with the sorghum-based Eagle Lager in Uganda and subsequently launched two new cassava beers in Mozambique and Ghana.”
These products have opened up new markets for SABMiller. They have also offered fresh income
...More info on site
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India: Carlsberg launches fruit flavoured strong Tuborg Booster beer
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Denmark-based beer giant Carlsberg has launched its first fruit flavoured strong beer in India - Tuborg Booster - to tap youth and female consumers, DNA reported on June, 21.
Subodh Marwah, marketing director, Carlsberg India, said, “We did a lot of surveys and consumers complained that all strong beers taste the same. As a result, we have come up with something completely different.”
Booster is now available in West Bengal and Maharashtra and will be launched in 5-6 more markets by next month. The company also has Carlsberg brand in the premium and super premium category.
The company is looking to cash in on the growing popularity of strong beer, which now forms 85% of the $2 billion beer market, expected to touch 90% in two years, according to Marwah.
Indian consumers are also looking to get more bang for their buck with strong beer.
“Moreover, for some consumers, it acts as a step-up between hard liquor and the beer category. Also, with the presence of international brands, the quality of strong beer being offered has really improved and as a result, more companies are taking to it,” said Marwah.
Carlsberg, which has seven breweries in India in six years of operations,
...More info on site
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Mozambique: SABMiller’s Cervejas de Moçambique increases purchases of cassava for brewing
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A company hired by Mozambican beer maker Cervejas de Moçambique (CdM) is buying large quantities of cassava in the Muanza district of Sofala province, with a view to using it to make beer, the district administrator João Patrício Geral, was quoted as saying by Macauhub on June, 21.
According to Geral, this is not the first time that cassava producers in the district have been contacted to sell cassava for industrial use, and previously CleanStar had the same intention but for ethanol production.
However, CleanStar would only buy dried cassava, and this is not that case for the new buyer, Dutch Agricultural Development & Trading Company (Dadtco), which, as well as this, will provide competition and drive prices higher.
Geral said that Dadtco also planned to encourage cassava production to ensure it can purchase the product from around 2,000 farmers, and has already installed a machine to process the cassava.
CdM, which is a subsidiary of SABMiller Plc, launched Impala, a new brand of beer made from cassava, in November 2011.
Impala is produced at the company’s factory in Nampula using 70 percent cassava and 30 percent barley, and is the result of several years of research to overcome the challenges of processing and producing
...More info on site
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Ukraine & Russia: Carlsberg Ukraine starts shipping Lvivske Svitle beer to Russia
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Carlsberg Ukraine, one of the largest breweries in Ukraine, in June 2013 started supplying Lvivske Svitle beer to Russia, Interfax reported on June, 25.
"Carlsberg Ukraine has started supplies of Lvivske Svitle beer – the most popular brand in Ukraine – to the traditional retail market and supermarkets of Moscow and the central region of Russia," reads the company's report issued on June, 25.
The beer will be sold in PET one- and two-litre bottles.
The company expressed hope that the Lvivske brand's entrance to the Russian market will allow it to strengthen its positions in the exports segment from Ukraine.
Carlsberg Ukraine also said that among beer brands, Lvivske is second on the Ukrainian market with a share of 13.3% at the end of the first quarter of 2013.
The owner of Carlsberg Ukraine is Carlsberg Group, one of the leading brewing groups in the world. Carlsberg three breweries in Ukraine - in Zaporizhia, Kyiv and Lviv.
In Ukraine, the company markets such brands as Slavutych, Lvivske, Tuborg, Baltika, Carlsberg, Holsten, Corona, Arsenal, Khmіlne, Kvass Taras, Negra Modelo, Somersby, Guinness, Kilkenny, Harp and Warsteiner.
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Thailand & Myanmar: Chang Beer the most trafficked beer brand from Thailand into Myanmar
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Beers and inexpensive food products were the most seized among the illegal imports from Thailand into Myanmar through border areas, according to officials from mobile teams operated by Department of Border Trade (DBT) under the Ministry of Commerce.
Two mobile teams have seized Ks 266 lakhs worth of the products within just few days from June 9 to 17 on the route, the team officials were quoted as saying by Eleven Myanmar on June, 24.
Chang Beer, the top-selling brand in Thailand was the most trafficked among the beers seized, they said.
Although Myanmar's Investment Commission have already given permission for legal production of Chang Beer to operate in Yangon, Mandalay and Taung Gyi in January this year, the trafficking of the beer has yet to decline.
Chang Beer was among the most popular items for the trafficking and trafficked in million cans a year, according to the officials.
Chang Beer, which was launched in March 1995 and is brewed at a brewery in Bang Ban district of Ayutthaya Province, is the top-selling brand in Thailand and also a popular beer in Myanmar.
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India: Former CEO of Carlsberg India and Foster’s India aiming at making beer as easily available as coffee
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Pradeep Gidwani, now an entrepreneur and formerly CEO of two leading beer brands, Carlsberg India and Foster's India, wants to make beer as easily available and as widely consumed as coffee in India, Business Today reported on June, 23.
He is founder of The Pint Room, begun in July last year, which already has five outlets - two in Mumbai, one each in Delhi, Panchkula near Chandigarh, and Bangalore - and intends to raise their number to 20 by the end of this year. "We want to be the Starbucks of beer," he says.
Indeed, The Pint Room is his second effort. His first started in December 2010, when he launched The Beer Cafe in partnership with Rahul Singh, former Executive Director (Apparel) at sportswear retailer Reebok India, in Delhi's Vasant Kunj.
"My idea of a beer cafe is one which looks less like a bar or a pub, and more like a coffee shop," says Gidwani. "I want to create a space where conversations can be had over beer, without loud music or dim lights."
He joined hands with Singh because of the latter's wide experience in retail. Today, The Beer Cafe is competition. The partners developed differences and ultimately
...More info on site
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Barley News
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World: Weather conditions essential for malting barley of which carry-over stocks are small in Europe, Canada, and Mercosur
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Good weather conditions are even more essential for malting barley than for all the other grains, industry analysts said in a report on June,
...More info on site
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France: Spring barley crops condition improved in recent weeks
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The condition of spring barley crops in France has improved in recent weeks after plants received timely rainfall and moderate temperatures, Matthias Wree, a
...More info on site
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Australia: Barley exports progressing, domestic feed demand good in view of dryness in parts of the country
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Anticipated Australian barley export numbers for the campaign were 2.7 mln tons of feed and 1.5 mln tons of malting barley. The special class
...More info on site
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USA & Australia: GrainCorp board reaffirms support of ADM offer
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ADM Australia Holdings II Pty Limited, a wholly owned subsidiary of Archer Daniels Midland Company (ADM), on June 23 lodged with the Australian Securities and Investments Commission its bidder’s statement for an all-cash, off-market takeover offer for GrainCorp Limited. The GrainCorp board has unanimously recommended shareholders accept the offer, in the absence of a superior offer.
“We believe our offer is highly attractive and in the best interests of shareholders,” said ADM Chairman and Chief Executive Officer Patricia Woertz. “The Independent Expert has assessed the proposal and concluded that it is fair and reasonable, in the absence of a superior proposal. We also believe ADM’s offer will deliver compelling benefits to Australian growers and the agricultural economy through access to new markets, investment in agricultural infrastructure, and its focus on serving the needs of Australian growers.”
GrainCorp released its target’s statement in which the GrainCorp directors unanimously recommend that shareholders accept the offer from ADM Australia Holdings II Pty Limited to acquire all of the GrainCorp shares not already held by it, in the absence of a superior proposal.
The target’s statement contains GrainCorp’s formal response to the offer, including detailed reasons for the GrainCorp directors’ recommendation, as well as other relevant
...More info on site
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