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E-Malt.com Flash 47a
November 17 - November 19, 2014
Quote of the Week
"The best time to plant a tree was 20 years ago. The second best time is now."
Chinese proverb
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Currency Rates
Base Currency: Euro
on November 19, 2014 |
Base Currency: US Dollar
on November 19, 2014 |
| |
1 EUR = 1.2496 USD
1 EUR = 0.7986 GBP
1 EUR = 1.4110 CAD
1 EUR = 1.4330 AUD
1 EUR = 145.7990 JPY
1 EUR = 3.2550 BRL
1 EUR = 58.6375 RUB
1 EUR = 7.6757 CNY
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1 USD = 0.8003 EUR
1 USD = 0.6391 GBP
1 USD = 1.1291 CAD
1 USD = 1.1468 AUD
1 USD = 116.6790 JPY
1 USD = 2.6048 BRL
1 USD = 46.9239 RUB
1 USD = 6.1423 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 19, 2014 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
198.00-200.00 |  1.02% |
200.00-202.00 |  |
| 6rw Barley |
166.00-168.00 | 0.60% |
168.00-170.00 | |
| 2rs Malt |
393.50-395.50 | 0.63% |
395.50-397.50 | |
| 6rw Malt |
354.00-356.00 | 0.35% |
356.00-358.00 | |
| Feed Barley |
161.00-163.00 | 1.25% |
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: China Resources Enterprise’s beer division reports 5.9% decline in nine-month attributable profit
...Click here
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Thailand: ThaiBev’s nine-month beer sales up 9% in January-September
...Click here
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Canada: Domestic beer sales in 2013 exceed 19 mln hl
...Click here
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Thailand & Vietnam: ThaiBev approaches Vietnamese government to buy stake in Sabeco
...Click here
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Asia: Fraser and Neave reports higher FY revenue due to stronger beer and dairy sales
...Click here
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Denmark & Greece: Carlsberg takes control of Olympic Brewery and becomes Greece’s No. 2 beer maker
...Click here
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World: Brazil’s 3G Capital behind AB InBev may be setting up new fund to invest in acquisition of Coca-Cola - report
...Click here
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Belgium: AB InBev faces tax authority investigation
...Click here
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India: India remains primarily a strong beer market – SABMiller India
...Click here
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Canada: Government invests C$1.95 mln in the Canadian Malting Barley Technical Centre
...Click here
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Vietnam: Beer manufacturers oppose government plans to introduce beer stamping requirements
...Click here
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South Africa: SABMiller starts own craft beer in South Africa
...Click here
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USA: AB InBev preparing a line extension for Bud Light
...Click here
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Greece & Australia: Greek Nissos beer making debut in Australia
...Click here
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Graph of the week
Table of the week
German Malt Production, Export, Import and Consumption
Barley Prices
Theoretical Malt Prices
Scientific Digest
The hidden treasures of hop bracts
ABSTRACT
We know we don't know everything about hops, but we're
always discovering new things! Japanese researchers
have used a novel separation technique using a sequential
liquid chromatography (LC) method in the following steps:
(1) highspeed countercurrent chromatography (HSCCC); (2)
hydrophilic interaction chromatography (HILIC) using an
amide column; and reversed-phase (RP) LC using a (3)
octadecylsily (ODS) or (4) phenyl column. The
comprehensive separation and structural analyses identified
four compounds for the first time in plants, and 20
compounds that have not been reported from hops were
also identified. Most of the compounds were hydrophilic
glycosylated and/or esterified analogues of abscisic acids,
hydroxycinnamic acids, flavonols, lignans, hydroxybenzoic
acids, or carotenoids. In addition, large amounts of highly
oligomeric proanthocyanidins were found in the hop bract
extract. Who knows, maybe these compounds will become
physiologically important in the future!
Read more
Source: Barth Innovations
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These Days in Business History
November 17
1801 1st edition of New York Evening Post
1869 Suez Canal (Egypt) opens, links Mediterranean & Red seas
1914 U.S. declares Panama Canal Zone neutral
November 18
1793 Louvre officially opens in Paris
1963 Bell Telephone introduces push button telephone
November 19
1493 Christopher Columbus discovers Puerto Rico, on his 2nd voyage
1893 1st newspaper color supplement (NY World)
1959 Ford cancels Edsel
Agenda
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
20-23: Mondial de la Biere Rio 2014 (Rio de Janeiro, Brazil)
January 2015:
17-21: RHEX - Rimini Horeca Expo 2015 (Rimini, Italy)
February 2015:
10-12: International Brewing Awards 2015
11-14: National Winter Ales Festival 2015 (Derby, UK)
March 2015:
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
20-21: BeerX 2015 2015 (Sheffield, UK)
31 March - 02 April: ProPak Vietnam 2015 (Ho Chi Minh City, Vietnam)
April 2015:
14-17: Craft Brewers Conference & BrewExpo America 2015 (Portland, USA)
21-23: Brewer (Pivovar) 2015 (Moscow, Russia)
25-26: Zythos 2015 (Leuven, Belgium)
May 2015:
06-08: bevtec Asia 2015 (Bangkok, Thailand)
07-23: The Czech Beer Festival 2015 (Prague, the Czech Republic)
19-22: Beer (Pivo) 2015 (Sochi, Russia)
24-28: EBC 2015 (Porto, Portugal)
26-28: Alimentaria Mexico 2015 (Mexico City, Mexico)
28-30: Copenhagen Beer Festival 2015 (Copenhagen, Denmark)
28-31: Latvia Beer Fest 2015 (Riga, Latvia)
June 2015:
10-14: Mondial de la Biere 2015 (Montreal, Canada)
July 2015:
01-04: Ollesummer 2015 (Tallinn, Estonia)
15-17: Brasil Brau 2015 (Sao Paulo, Brazil)
August 2015:
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
More events are available on site e-malt.com
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Brewery News
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China: China Resources Enterprise’s beer division reports 5.9% decline in nine-month attributable profit
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China Resources Enterprise, Limited on November 14 announced its unaudited financial and operational review of the nine months ended 30 September 2014.
The group’s beer
...More info on site
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Thailand: ThaiBev’s nine-month beer sales up 9% in January-September
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Price increases on spirits and beer helped push ThaiBev's nine-month sales and profits up despite a weak soft drinks performance.
YTD net profits increased by
...More info on site
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Canada: Domestic beer sales in 2013 exceed 19 mln hl
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In 2013, Canada sold over 19 million hectolitres of domestic beer. Including imported beer, 22.6 million hectolitres of beer was sold and enjoyed by
...More info on site
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Thailand & Vietnam: ThaiBev approaches Vietnamese government to buy stake in Sabeco
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Thai Beverage PCL., owned by Thailand’s third-richest man, has approached the Vietnamese government to buy a stake in the country’s largest brewer, an indication
...More info on site
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Asia: Fraser and Neave reports higher FY revenue due to stronger beer and dairy sales
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Food and beverage giant Fraser and Neave (F&N) has reported flat earnings of $143.9 million for its full year ended Sept 30, just 0.2
...More info on site
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Denmark & Greece: Carlsberg takes control of Olympic Brewery and becomes Greece’s No. 2 beer maker
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Denmark's Carlsberg has agreed to take over Greece's third-largest brewer, Olympic Brewery, bolstering its existing operations in the country and creating what it said
...More info on site
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World: Brazil’s 3G Capital behind AB InBev may be setting up new fund to invest in acquisition of Coca-Cola - report
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3G Capital, the investment firm controlled by Brazilian billionaires Jorge Paulo Lemann, Marcel Herrmann Telles and Carlos Alberto Sicupira, is in advanced talks to
...More info on site
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Belgium: AB InBev faces tax authority investigation
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Anheuser-Busch InBev NV said Belgian tax inspectors are seeking to investigate a unit of the world’s biggest brewer, Bloomberg reported on November 13.
“The Belgian Special Tax Inspection Authorities wishes to look into what would be the most appropriate fiscal treatment for one of our subsidiaries, Ampar BVBA,” Karen Couck, a spokeswoman for the Budweiser maker, said by e-mail. She said the company can’t comment further as discussions started recently.
AB InBev complies with all fiscal rules and regulations in Belgium and other countries where it does business, Couck said.
Multinational tax avoidance has become a top political issue across Europe. On November 12, European Commission President Jean-Claude Juncker responded to disclosures by the International Consortium of Investigative Journalists about favorable tax deals that Luxembourg entered into with hundreds of big companies. Juncker had previously served as Luxembourg’s prime minister for almost 19 years.
The European Commission is probing the terms of tax deals granted by Luxembourg, the Netherlands and Ireland to multinationals including Apple Inc., Starbucks Corp. and Fiat Finance and Trade Ltd. The commission said in September that Ireland and Luxembourg had provided illegal state aid to Apple and Fiat through deals that didn’t comply with international tax rules. The same month,
...More info on site
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India: India remains primarily a strong beer market – SABMiller India
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India is primarily a strong beer market, with beers with an alcohol by volume (ABV) ranging between five and eight per cent accounting for
...More info on site
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Vietnam: Beer manufacturers oppose government plans to introduce beer stamping requirements
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Vietnam’s beer manufacturers believe the requirement that they need to stamp their products will increase their production costs and weaken competitiveness, Vietnamnet.Brigde reported on November 17.
The Ministry of Industry and Trade (MOIT) plans to ask beer manufacturers to stamp their products to help state management agencies prevent tax evasion and trade fraud. However, enterprises have opposed the plan.
Tran Dinh Thanh, deputy general director of Habeco, said breweries will have to buy more machines for the stamping, which will be a technical problem for enterprises because of the limited number of stamping machine suppliers.
“There are very few companies in the world making stamping machines, because the stamping policy is now being applied in only three to four countries in the world,” Thanh said.
Nguyen Thanh Ha from S&B Law Firm noted that the current laws require manufacturers to give detailed information on products’ labels, and there is no need to request manufacturers to stamp their products as well.
According to Ha, the stamping is now required for helmets and tobacco products as well, but it is still unclear about the efficiency of the policy.
Therefore, Ha said MOIT would “make an unnecessary requirement” when forcing manufacturers to stamp their beer products.
Even the Ministry of
...More info on site
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South Africa: SABMiller starts own craft beer in South Africa
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SABMiller — the world’s No. 2 brewer by earnings — has started its own craft beer in South Africa. The beer — No. 3 Fransen Street — is named after a brewery SABMiller opened in 1998 to experiment with beer in small batches, according to a report in Euronews.
The strategy is similar to the one SABMiller uses in the U.S., where it sells the Blue Moon craft beer, the report said.
In doing so, SABMiller is competing with Ndumiso Madlala and hundreds of other microbrewers in South Africa’s burgeoning craft beer scene.
Madlala’s brewery, Soweto Gold, is a first for the sprawling township and produces as much beer a month as SABMiller makes every six minutes. But that may be enough to cause a stir in SABMiller’s long domination of the South African beer market, Euronews reports.
South African craft brewers are gaining momentum.
While craft brews are mostly aimed at wealthier South Africans, Madlala says Soweto Gold’s appeal lies in its township roots.
Mauricio Leyva, a managing director at SAB, said there’s space for everyone to play in the growing beer category. “The more people that move into beer, the better for all,” he told Euronews. “We like to see it as a
...More info on site
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USA: AB InBev preparing a line extension for Bud Light
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Anheuser Busch InBev is prepping a line extension for Bud Light called Mixx Tail that appears to continue the brewer's recent innovation strategy of blurring the lines between cocktails and beer, Ad Age reported on November 14.
AB InBev filed a recent trademark application for the product which lists it as a flavored beer. The company on November 14 confirmed the launch to Ad Age but did not provide other details, only saying that it would debut this spring.
One of the brewer's distributors recently tweeted about the launch, saying the product would come in flavors such as Hurricane, Firewalker and Long Island Ice Tea.
AB InBev, the world's largest brewer, already sells a version of the product in Argentina where the product is sold under the Quilmes brand name.
The brewer did not share marketing details on the U.S. launch. But typically AB InBev puts significant money behind products that carry the Bud Light name. For instance, the launch of higher-alcohol line extension Bud Light Platinum in early 2012 was accompanied with a Super Bowl ad. And the brewer continues to invest behind its Bud Light Ritas franchise, which is a line of fruity, margarita-inspired flavored malt beverages.
Brewers have been tinkering with
...More info on site
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Greece & Australia: Greek Nissos beer making debut in Australia
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Nissos, a 'boutique' beer produced in the heart of the Aegean Sea on the island of Tinos, is making its debut in Australia. Considering its award-winning journey within only 15 months of the production of its first bottle, this Greek craft beer coming to Australia is set to deliver a new refreshing experience for all those who appreciate a good beer, Neos Kosmos reported on November 17.
At a time when businesses in Greece were shutting down the one after the other, four aspirational people - Alexandros Kouris, the well-known in Greece travel journalist Maya Tsokli, and Elina and Kostis Dalas - decided to set the foundation stone of their microbrewery Nissos.
"It has been created from scratch as a greenfield project, privately financed. Nevertheless, in a very short space of time, Nissos beer achieved a high level of brand awareness and recognition among consumers and professionals alike as a great tasting premium craft beer from the Cyclades," said Alexandros Kouris.
"In Greece and within only a few months of commercial operation, our brand has managed to establish a strong presence in leading restaurants throughout the Cyclades, as well as at trendy venues in Athens, Thessaloniki and elsewhere in Greece. Nissos has also
...More info on site
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India: SABMiller India appoints new MD
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SABMiller India Pvt. Ltd, India’s second-largest brewer, has appointed Shalabh Seth as managing director (MD), replacing Grant Liversage, who is returning to South Africa after less than 18 months in charge of the company, Livemint reported on November 16.
Seth, who has held various roles at SABMiller India, including that of sales director, since joining the company in 2003, will take over from Liversage starting January, the company said in a statement.
Liversage replaced Paolo Lanzarotti as SABMiller India managing director in August 2013. With Seth’s appointment, SABMiller India will have had four different managing directors in the past eight years or so.
SABMiller India, owner of Foster’s and Haywards beer, has lost market share to rivals United Breweries Ltd and newer entrant Carlsberg over the past few years with analysts blaming management issues.
SABMiller Plc, the parent company of SABMiller India, entered the country in 2000 by acquiring Narang Breweries. It built its business in India through more acquisitions, including that of Shaw Wallace and Foster’s India, and emerged as the biggest rival to market leader United Breweries, owner of Kingfisher beer. However, newer entrants Carlsberg and Anheuser-Busch InBev have been quicker in launching brands and spotting consumer preferences
...More info on site
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Barley News
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Canada: Government invests C$1.95 mln in the Canadian Malting Barley Technical Centre
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Shelly Glover, Member of Parliament for Saint Boniface and Minister of Canadian Heritage and Official Languages, on behalf of Agriculture Minister Gerry Ritz, announced on November 14 an investment of C$1,950,000 to the Canadian Malting Barley Technical Centre (CMBTC) to support its market development efforts in existing and new growth markets.
With this investment, CMBTC aims to maintain and boost Canada's global competitiveness by being the focal point for technical support and market knowledge to companies involved in selling Canadian malting barley or malt to export markets. CMBTC will achieve this by providing technical training and problem-solving to stakeholders, ensuring new varieties meet international customers' needs, and providing direct sales support to international customers.
Founded in 2000, the CMBTC facilities include state-of-the art- brewing and malting equipment that allows it to duplicate any malting or brewing system in the world producing commercial quality malt and beer.
Canada's brewing industry drives C$14 billion in value-added activity and over 160,000 jobs.
Canada supplies approximately 20% of the global malting barley market and is the world's third largest exporter of malt.
This investment is being made through Agriculture and Agri-Food Canada's AgriMarketing Program, a five-year, up to C$341-million program under Growing Forward 2.
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