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Flash Summary
Last five Flashes
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E-Malt.com Flash 01
January 01 - January 07, 2014
Quote of the Week
"Your present circumstances don't determine where you can go; they merely determine where you start."
Nido Qubein
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Currency Rates
Base Currency: Euro
on January 03, 2014 |
Base Currency: US Dollar
on January 03, 2014 |
| |
1 EUR = 1.3717 USD
1 EUR = 0.8299 GBP
1 EUR = 1.4593 CAD
1 EUR = 1.5411 AUD
1 EUR = 144.2740 JPY
1 EUR = 3.2705 BRL
1 EUR = 45.3553 RUB
1 EUR = 8.3745 CNY
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1 USD = 0.7291 EUR
1 USD = 0.6051 GBP
1 USD = 1.0639 CAD
1 USD = 1.1236 AUD
1 USD = 105.1860 JPY
1 USD = 2.3843 BRL
1 USD = 33.0657 RUB
1 USD = 6.1053 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 03, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
179.00-181.00 |  0.55% |
189.00-191.00 | 0.52% |
| 6rw Barley |
171.00-173.00 | 0.58% |
179.00-181.00 |  |
| 2rs Malt |
371.00-373.00 | 0.18% |
382.00-384.00 | 0.32% |
| 6rw Malt |
361.50-363.50 | 0.18% |
369.50-371.50 | |
| Feed Barley |
159.00-161.00 | 1.23% |
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.
Denmark & China: Carlsberg to pay $250 mln to expand its reach in China
...Click here
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China: Tsingtao Brewery acquires brewery in Hebei, enters a JV in Shijiazhuang
...Click here
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Japan & Australia: Major Japanese beer producers increasing the pace of overseas expansion
...Click here
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Brazil: Beer production estimated to have declined by 2% in 2013
...Click here
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UK: Spring barley premiums expected to recover in 2014
...Click here
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World: Maltsters happy to find improved sales outlets in distilling and craft brewing
...Click here
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South Africa: South Africa undergoing craft beer revolution
...Click here
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Russia: Malteurop purchases extracts plant to profit by increase of kvas market
...Click here
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Belgium & China: Duvel Moortgat’s products enjoying strong demand in China
...Click here
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Zambia: Zambian Breweries forced to increase prices due to 50% beer excise hike
...Click here
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Graph of the week
Table of the week
Latin America Malt Imports & Exports
Barley Prices
Theoretical Malt Prices
These Days in Business History
January 1
1785 "Daily Universal Register" (Times of London) publishes 1st issue
1842 1st illustrated weekly magazine in US publishes 1st issue, New York City NY
1862 1st US income tax (3% of incomes > $600, 5% of incomes > $10,000)
1958 European Economic Community (Common Market) starts operation
January 2
1882 Because of anti-monopoly laws, Standard Oil is organized as a trust
1986 191.66 million shares traded in New York Stock Exchange
1905 Luther George Simjian, the inventor of the earliest known prototype of the automatic teller machine (ATM), is born in Ainteb, Turkey.
1980 With inflation raging, gold hits a record price of $850 per ounce.
January 3
1977 Apple Computer Corp. is incorporated by Steve Jobs and Steve Wozniak
1911 US postal savings bank inaugurated
1957 1st electric watch introduced, Lancaster PA
1980 Gold hits record $634 an ounce
January 4
1960 European Free Trade Association forms in Stockholm
1962 1st automated (unmanned) subway train (New York City NY)
2001 Total daily trading volume on the New York Stock Exchange exceeds 2 billion shares for the first time ever.
January 5
1769 Jean Baptiste Say, French economist is born
1828 1st edition of Amsterdam General Trade Journal (Algemeen Handelsblad)
1850 California Exchange opens
January 6
1978 1st postage stamp copyrighted by US (Carl Sandburg stamp)
1994 Dow-Jones hits record 3803.88
January 7
1714 Typewriter patented by Englishman Henry Mill (built years later)
1782 1st US commercial bank, Bank of North America, opens in Philadelphia
1995 Murray Newton Rothbard economist, dies of cardiac arrest at 69
Agenda
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
January 2014:
18-22: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
February 2014:
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site e-malt.com
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Malt News
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Russia: Malteurop purchases extracts plant to profit by increase of kvas market
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Kvass, one of the national drinks of Russia usually made of wheat, rye, rye bread, or barley and buckwheat meal, is enjoying a steady
...More info on site
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Brewery News
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Denmark & China: Carlsberg to pay $250 mln to expand its reach in China
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Denmark's Carlsberg, the world's fourth-largest brewer, will pay 1.56 billion yuan ($250 million) to expand its reach in the Chinese beer market as part
...More info on site
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China: Tsingtao Brewery acquires brewery in Hebei, enters a JV in Shijiazhuang
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Tsingtao Brewery acquired a local beer producer in North China's Hebei province, and launched a joint venture with another in Shijiazhuang, wrapping up a
...More info on site
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Japan & Australia: Major Japanese beer producers increasing the pace of overseas expansion
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Faced with a shrinking domestic market due to the chronically low birth rate and the graying of society, Japanese beer companies are strengthening their
...More info on site
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Brazil: Beer production estimated to have declined by 2% in 2013
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Despite higher volumes reported for the last month, the production of both beer and soft drinks in Brazil declined in 2013 as compared to
...More info on site
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South Africa: South Africa undergoing craft beer revolution
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South Africa is a nation of beer drinkers. It constitutes 34 percent of Africa's formal beer market, according to government statistics from 2012. On average, South Africans consume almost 60 litres of beer per person every year – far more than the 14.6 litres per person in the rest of Africa, or the global average of 22 litres, Voice of America reported on December 30.
But up until relatively recently, the only beers widely available to South Africans were commercial lagers and pilsners brewed in factories.
Now, however, the country is undergoing a craft beer revolution, with small, independent breweries opening everywhere. South Africa’s beer landscape appears to be changing irreversibly.
Craft beer is brewed slowly, according to traditional methods and using natural ingredients, including hops, barley, malt, yeast and mineral water. Commercial beer brewers often use chemicals to rush the brewing process, but true artisanal beer makers shun them. Mass-produced beer also generally tastes bland compared with craft brew, which is made in a variety of styles and flavors.
Inside The Cockpit Brewery in Cullinan, a town more famous for the diamonds mined here than its beer, Andre de Beer tapped a pint of dark orange ale with a
...More info on site
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Belgium & China: Duvel Moortgat’s products enjoying strong demand in China
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Belgium’s Duvel Moortgat is enjoying a strong growth in demand for its products in China, despite the fact that prices of imported products are much higher than those of the local brands, Retail Detail Belgique reported on December 24.
When the company started to ship its beers to China in 2007, total volumes only amounted to 200 hl, but 2013 saw already several containers dispatched to China. “Our target for 2013 is at about half the volume we ship to the US. If we continue at this rate, we will surpass the British market in four years,” Moortgat’s General Director, Vincent Smits, said.
In China, Moortgat’s most popular brands are Vedette, Achouffe, and Liefmans Fruitesse. It’s mostly white beer – sweet and not too bitter or strong - that is enjoying such a success, the company said.
Duvel Moortgat does not intend to start brewing Duvel beer in any other parts of the world. “If you brew it elsewhere, it will be difficult to call it “Belgian beer”. Only a beer destined exclusively for local consumption in China could be produced in China,” Nick Papa, Sales Manager China North, said.
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Zambia: Zambian Breweries forced to increase prices due to 50% beer excise hike
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Zambian Breweries Plc. announced on January 3 an increase in the recommended retail price of its clear beer alcoholic beverages by 16% on its Returnable Glass Bottle (RGB) pack, excluding sorghum-based Eagle Lager, taking effect January 1st 2014. This follows the 50% increase in Excise Duty on clear beer from 40% to 60%, which the government recently announced as part of the 2014 National Budget - an increase that will make Zambian beer the most expensive in the region.
As a result, in order to mitigate illegal smuggling that would result from higher beer prices relative to its regional peers, which was caused by the increase in excise duties, the company has, for the time being, decided to absorb the excise increase on its non-returnable packs. Zambian Breweries Plc. believes that this measure will reduce the detrimental effects that the excise duty increase will have on local manufacturing. The company, however, notes that since it will continue paying excise tax on the non-returnable packs, the increased excise duty will be an added direct cost to the product type and will therefore detrimentally affect company profitability.
Making the announcement, Zambian Breweries Plc. Managing Director, Mr. Anele Malumo, said:
Excise duties on beer are a
...More info on site
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Barley News
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USA: End of year barley trading is quiet
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With the signing of malting barley contracts for 2014 pretty well wrapped up, no export activity taking place and a shortage of rail cars,
...More info on site
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UK: Spring barley premiums expected to recover in 2014
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The prospects for spring malting barley crops are looking good for 2014 in the UK, with premiums expected to rise, FarmersWeekly reported on January
...More info on site
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Whisky News
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World: Maltsters happy to find improved sales outlets in distilling and craft brewing
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In a gloomy beer year, maltsters are happy to find two much improved outlets: the distillers and craft brewers. Known whisky sales developed over
...More info on site
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