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Flash Summary
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E-Malt.com Flash 13a
March 23 - March 25, 2015
Quote of the Week
"Business is more exciting than any game."
Lord Beaverbrook
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Currency Rates
Base Currency: Euro
on March 25, 2015 |
Base Currency: US Dollar
on March 25, 2015 |
| |
1 EUR = 1.0938 USD
1 EUR = 0.7333 GBP
1 EUR = 1.3681 CAD
1 EUR = 1.3890 AUD
1 EUR = 130.8800 JPY
1 EUR = 3.4228 BRL
1 EUR = 63.5363 RUB
1 EUR = 6.6854 CNY
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1 USD = 0.9141 EUR
1 USD = 0.6704 GBP
1 USD = 1.2508 CAD
1 USD = 1.2697 AUD
1 USD = 119.6400 JPY
1 USD = 3.1292 BRL
1 USD = 58.0861 RUB
1 USD = 6.1119 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| March 25, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
176.00-178.00 |  |
190.00-192.00 | |
| 6rw Barley |
173.00-175.00 | |
176.00-178.00 |  1.14% |
| 2rs Malt |
368.50-370.50 | |
383.00-385.00 | |
| 6rw Malt |
365.00-367.00 | |
366.00-368.00 | 0.68% |
| Feed Barley |
173.00-175.00 | 1.75% |
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.
Russia: Malt production shrinks in 2014 but manages to register an increase in January-February this year
...Click here
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China: China Resources Enterprise’s beer division says attributable profit dropped 19.3% last year
...Click here
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World: China now consumes more alcohol per capita than Australia, Ireland, and the UK
...Click here
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USA: Craft beer exports grow 35.7% to almost 400 thousand barrels last year
...Click here
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Namibia: Namibia Breweries' revenue remains broadly flat in 2014
...Click here
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Bulgaria: Beer sales and consumption decline on unusually cool and rainy summer last year
...Click here
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EU: Supplies of feed and malting barley seen as ample this year
...Click here
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Canada: Barley use forecast to drop by 12% this year due to low feed use
...Click here
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Mercosur: Malting barley export surplus estimated at 355 thousand tonnes
...Click here
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Australia: Coopers Brewery’s shares slid in value because of shrinking beer volumes
...Click here
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Singapore & USA: Tiger Beer plans to pounce on the US market
...Click here
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UK: Diageo extending Guinness brand with new premium bottled ale
...Click here
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Finland: Finland’s brewing industry loses over 300 jobs in 2011-2013
...Click here
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Japan: Sapporo Breweries to launch first non-alcoholic beer-like drink certified for specified health uses
...Click here
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Graph of the week
Table of the week
The Number of US Breweries 2009 - 2014
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
How to quantify hop aroma utilization
ABSTRACT
We all know that there is no easy way to quantify the hop oil utilization due to the complexity of the hop oil composition. However Belgian researchers have developed a methodology to bring light into the darkness. With the combination of HS-SPME and GC-MS plus SIM (selected fragmentation monitoring) they were able to determine selected markers for floral and spicy aromas selecting specifications. Within their work they also discovered that a certain compound, trans-nerolidol, can be used as a marker in beers to measure flavor instability. So if you have some money aside, why not invest in some decent analytical instruments ?
Read more
Source: Barth Innovations
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These Days in Business History
23 March
1836 - Coin Press invented by Franklin Beale
1857 - Elisha Graves Otis installs the world's first safety elevator for passengers in the E.V. Haughwout and Co. store in New York City
1861 - London's 1st tramcars, designed by Mr. Train of New York, begins operating
1951 - Wages in France increase 11%
24 March
1867 - Metropolitan Life Insurance Co. forms
1898 - 1st automobile sold
1955 - 1st seagoing oil drill rig placed in service
25 March
1814 - Netherlands Bank established
1954 - RCA manufactures 1st color TV set (12½" screen at $1,000)
1957 - Treaty of Rome establishes European Economic Community (Common Market)
1970 - Concorde makes its 1st supersonic flight (700 MPH/1,127 KPH)
Agenda
March 2015:
01-06: 15th IBD Africa Section Convention 2015 (Maputo, Mozambique)
11-14: Brazilian Beer Festival - Festival Brasileiro da Cerveja 2015 (Blumenau, Brazil)
13-15: Barcelona Beer Festival 2015 (Barcelona, Spain)
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)
23-25: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2015 (Shanghai, China)
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)
18-20: 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)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
More events are available on site e-malt.com
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Malt News
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Russia: Malt production shrinks in 2014 but manages to register an increase in January-February this year
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Russia’s malt output amounted to 1.075 mln tonnes in 2014, which is 2.5% less than in 2013, Rosstat reported.
Tula region, which is the nation’s
...More info on site
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Brewery News
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China: China Resources Enterprise’s beer division says attributable profit dropped 19.3% last year
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China Resources Enterprise, Ltd. reported on March 20 its final 2014 results.
The group’s beer division reported turnover and attributable profit of HK$34,482 million and
...More info on site
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World: China now consumes more alcohol per capita than Australia, Ireland, and the UK
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China's rapidly growing middle class, and its high-pressure work culture, have created a new nation of boozers, with the average Chinese drinker now consuming
...More info on site
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USA: Craft beer exports grow 35.7% to almost 400 thousand barrels last year
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The Brewers Association (BA) — the not-for-profit trade group representing small and independent craft brewers — on March 24 reported export growth data for
...More info on site
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Romania: Beer market volume down 8.6% last year
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Romania’s beer market volume reached 14.9 million hl last year, down 8.6 percent against the volume recorded the previous year, the Brewers of Romania
...More info on site
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Namibia: Namibia Breweries' revenue remains broadly flat in 2014
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Namibia Breweries' revenue remained broadly flat for the period ended 31 December 2014 compared to the previous period. The group´s operating profit (before equity
...More info on site
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Bulgaria: Beer sales and consumption decline on unusually cool and rainy summer last year
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The unusually cool and rainy summer of 2014 lowered the sales of Bulgarian brewers and the consumption of beer by 5%. This was announced
...More info on site
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Australia: Coopers Brewery’s shares slid in value because of shrinking beer volumes
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Shares in Australia’s biggest locally owned beer group, Coopers Brewery, have slid in value to almost the price global brewer Lion pitched in its
...More info on site
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Singapore & USA: Tiger Beer plans to pounce on the US market
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Singapore’s Tiger Beer is a roaring success in the region, and it is set to pounce on the US market next, Today Online reported on March 21.
Heineken - which owns Tiger following its S$7.9 billion acquisition of Asia Pacific Breweries (APB) in 2012 - hopes to triple sales volume in the US in five years. Analysts have said the US beer market is somewhat stagnant at the moment, and Tiger will have to position itself creatively to win market share.
The global beer market is a fragmented one, with a growing preference for craft beers amid a wide variety of offerings from macro-breweries like Heineken and Carlsberg. The US, in particular, is a key market for many brewers and Tiger Beer wants to make further inroads there.
Since being launched in 1932, Tiger Beer has grown its international footprint to more than 60 countries.
Mr Kenneth Choo, regional director of Singapore, Indochina & Exports at Heineken Asia Pacific, said: “The US is an important market, with the Asian community growing highly affluent. For example, San Francisco is an important city for us.
“We have not totally fused up our Heineken network, so the volume is small. Certainly we hope to triple our current US
...More info on site
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UK: Diageo extending Guinness brand with new premium bottled ale
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Diageo is further extending its Guinness brand with a new premium bottled ale, Harpers.co.uk reported on March 23.
Guinness Golden Ale, which will rolls out in April, is the third bottled beer to join the line-up after the drinks giant launched a stout and porter, Guinness West Indies and Guinness Dublin Porters, in September. The new 4.5% ABV ale has been developed as part of The Brewers Project, a Diageo initiative in which six brewers within St. James’s Gate in Dublin, research and “reinterpret” the company’s historic beers.
The company said the ale had a “subtle biscuit flavours” from the malted barley with a “pleasing bitterness”, delicate hop aroma and clean finish. The launch of Guinness Golden Ale is being supported by a £4.5 mln advertising campaign across PR, out-of-home, cinema, digital and in store.
The company is keen to tap into the growing craft and bottled beer sector, and previously estimated Guinness’ bottled beers could add around £58 mln of sales to the category, across the on- and off-trade. However it reported poor beer sales in its first half results in January. Beer sales across Europe were down 4% on a reported basis on flat volumes,
...More info on site
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Finland: Finland’s brewing industry loses over 300 jobs in 2011-2013
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Data published in a new Ernst & Young industry report show that, from field to flagon, the Finnish brewing and soft drinks industry employed over 3,100 fewer people in 2013 than in 2011. In 2013, the Finnish brewing industry employed 1,900 people directly and about 26,000 people in the entire chain.
Over 300 jobs have been lost at breweries in two years. The largest indirect reduction – 2,300 people – has occurred in on-trade jobs. On-trade jobs in the brewing industry indirectly employed only 14,700 people in 2013 compared to over 17,000 in 2011. In addition to indirect job losses in restaurants and bars, almost 300 jobs have been lost in retail and about 100 in agriculture. The Finnish brewing industry still employs about 4,500 people in retail and over 1,200 people in agriculture.
According to the report, the beverage category that has the greatest impact on employment is beer. It employs over 14,000 people in the chain as a whole. Soft drinks and mineral waters have the second largest impact, employing almost 5,400 people. Cider and long drinks employ about 4,100 people.
Home consumption is replacing on-trade consumption, and the Federation of the Brewing and Soft Drinks Industry considers this to
...More info on site
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Japan: Sapporo Breweries to launch first non-alcoholic beer-like drink certified for specified health uses
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Sapporo Breweries Ltd. will sell from May 26 Sapporo Plus, the first nonalcoholic beer-like drink certified by the government as a food for specified health uses, known as tokuho, Jiji Press reported on March 24.
The new beverage suppresses a sharp increase in blood sugar levels after meals thanks to the effects of a corn-derived dietary fiber ingredient called dextrin, the Sapporo Holdings Ltd. unit said.
Sapporo will sell the product at ¥160 for a 350-milliliter can, about ¥10 to ¥15 more expensive than non-tokuho beer-flavored drinks with no alcohol content.
To prevent the product from becoming a “gateway drink” to alcohol for minors, its label will have a message that it is recommended for adults 20 years old or over. In addition, shops will display the drink only in their alcohol sections.
Kao Corp. has also gained tokuho certification for its nonalcoholic beer, but has yet to launch it.
The nonalcoholic beerlike drink market could expand further as other companies have also applied for tokuho certification for their products, industry sources said.
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Barley News
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EU: Supplies of feed and malting barley seen as ample this year
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After a large carry-over from crop 2013 and the good crop of 2014, the EU has ample supplies of feed and malting barley, H.
...More info on site
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Canada: Barley use forecast to drop by 12% this year due to low feed use
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For 2014-15, Canada’s total domestic barley use is forecast to decrease by 12% mainly due to much lower feed use, Agriculture and Agri-Food Canada
...More info on site
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Mercosur: Malting barley export surplus estimated at 355 thousand tonnes
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According to H. M. Gauger GmbH estimates, barley production in Argentina will reach 3 mln tonnes, in Brazil 250 thousand tonnes and in Uruguay
...More info on site
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