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E-Malt.com Flash 17b April 23 - April 26, 2015
Quote of the Week
"There is more to life than beer alone, but beer makes those other things even better."
Stephen Morris
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Currency Rates
Base Currency: Euro on April 24, 2015 |
Base Currency: US Dollar on April 24, 2015 |
|
1 EUR = 1.0772 USD
1 EUR = 0.7170 GBP
1 EUR = 1.3170 CAD
1 EUR = 1.3937 AUD
1 EUR = 129.3600 JPY
1 EUR = 3.2328 BRL
1 EUR = 55.1255 RUB
1 EUR = 6.6764 CNY
|
|
1 USD = 0.9303 EUR
1 USD = 0.6654 GBP
1 USD = 1.2216 CAD
1 USD = 1.2903 AUD
1 USD = 119.8400 JPY
1 USD = 2.9992 BRL
1 USD = 51.3934 RUB
1 USD = 6.0921 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
April 24, 2015 |
Type |
Crop 2014 |
Crop 2015 |
EUR |
% |
EUR |
% |
2rs Barley |
173.00-175.00 | |
191.00-193.00 | 0.52% |
6rw Barley |
171.00-173.00 | |
176.00-178.00 | |
2rs Malt |
365.50-367.50 | |
384.50-386.50 | 0.32% |
6rw Malt |
363.00-365.00 | |
366.00-368.00 | |
Feed Barley |
169.00-171.00 | |
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.
Germany: Beer consumption up 0.4% to 8 bln litres last year
...Click here
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China: Tsingtao and Snow beer brand value up in 2014
...Click here
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Côte d’Ivoire: Heineken to build new brewery in collaboration with Africa-focused CFAO
...Click here
|
Canada: Barley acreage to increase by 10% this year – Statistics Canada
...Click here
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France: Barley exports up to 3.5 mln tonnes in July-February 2014/15
...Click here
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Nigeria: Nigerian Breweries reports decline in Q1 pre-tax profit
...Click here
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Ukraine & China: Obolon beer enters the Chinese market
...Click here
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Myanmar: Carlsberg starts selling locally brewed Tuborg and Yoma beers
...Click here
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Russia: Heineken to use idle brewing capacity for producing kvass beverage
...Click here
|
Fiji: Paradise Beverages’ beer sales volume decreases in 2014
...Click here
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Graph of the week
Table of the week
Czech Brewing Industry 2013 - 2014
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
23 April 1851 - Canada issues its 1st postage stamps 1896 - Vitascope system of movie projection 1st demonstrated (New York City)
1910 - International Exhibition opens in Brussels
1985 - Coca-Cola announced it is changing its secret flavor formula
24 April 1704 - "Boston News-Letter," 1st successful newspaper in U.S., forms
1888 - Eastman Kodak Co. forms
1957 - The BBC first broadcast The Sky at Night presented by Patrick Moore 1981 - IBM-PC computer introduced
1990 - West and East Germany agree to merge currency and economies on July 1st
2004 - The United States lifts economic sanctions imposed on Libya 18 years previously, as a reward for its cooperation in eliminating weapons of mass destruction
25 April 1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April 1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
Agenda
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)
09-12: Artbeerfest 2015 (Caminha, Portugal)
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
Brewery News
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Germany: Beer consumption up 0.4% to 8 bln litres last year
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Germany saw a slight uptick in beer sales last year, boosted in part by the country's run to the soccer World Cup title.
The Federal
...More info on site
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China: Tsingtao and Snow beer brand value up in 2014
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According to Millward Brown’s new Brandz report, China’s most valuable beer brands experienced stronger results in 2014. Several are owned by the major global
...More info on site
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Côte d’Ivoire: Heineken to build new brewery in collaboration with Africa-focused CFAO
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Heineken NV, the world's third largest brewer, and Africa-focused trading firm CFAO will invest 100 billion CFA francs ($163.52 million) to build a brewery
...More info on site
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Nigeria: Nigerian Breweries reports decline in Q1 pre-tax profit
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Nigerian Breweries, a unit of Dutch brewer Heineken, said on April 24 its first quarter pre-tax profit fell 2 percent to 14.43 billion naira ($73 million) from a year ago.
The brewer's gross earnings however rose to 69.92 billion naira in the period to end-March from 68.97 billion naira a year ago, it said in a statement without giving a reason for the weaker profit.
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Ukraine & China: Obolon beer enters the Chinese market
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Obolon Corporation, one of the largest producers of beer and soft drinks in Ukraine, is entering the Chinese market, Interfax-Ukraine reported on April 17.
Head of the supervisory board of public joint-stock company Obolon, Serhiy Bloschanevych, said at the National Export Forum that Ukrainian breweries are trying to compensate their loss of part of the domestic market.
He said that the most promising markets are the Asian, Latin American and African markets, while the EU market is saturated and competitive.
"The markets of Asia, Latin America and Africa are more interesting for us. For example, we started working with China," he said.
He told Interfax-Ukraine that the first small batches of beer have been already shipped to China.
Bloschanevych expressed indignation at the absence of a government reaction to the ban on Ukrainian beer imports by Russia's Rospotrebnadzor last year.
"We asked the Ukrainian prime minister, the Economic Development and Trade Ministry and Foreign Ministry several times to settle the issue with a ban on importing Russian beer in response to the ban of our exports to Russia. Some steps have been made, but this is not enough. We hope that the situation will be finally resolved," he said.
Referring to the State Statistics Service, he said
...More info on site
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Myanmar: Carlsberg starts selling locally brewed Tuborg and Yoma beers
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Carlsberg has launched sales of its locally brewed Tuborg and Yoma brands in Myanmar as it seeks to become the first post-sanctions foreign producer to break into a growing beer sector dominated by state and military-backed enterprises, Reuters reported on April 22.
The firm began sales before Thingyan, providing domestic competition to market leader Myanmar Brewery.
Carlsberg Asia Region senior vice president Roy Bagattini said in a statement when the firm first announced it would come to Myanmar that the Danish company had closely followed developments in the country and was encouraged by recent political developments.
"We believe that the timing is right for us to invest," he said in January of 2013. "We expect that the Myanmar beer market will grow strongly in coming years as the economy expands."
Carlsberg established a local partnership with Myanmar Golden Star Breweries (MGS) in 2013, taking a 51 per cent stake in their joint venture Myanmar Carlsberg Co Ltd, and building a US$50 million brewery in Bago.
The brewery's sales began for Tuborg, an international brand, and Yoma, a brand created for the local market, in April. Tuborg's pricing is to be similar to Tiger, and the beer is available in kegs, cans and bottles, while
...More info on site
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Russia: Heineken to use idle brewing capacity for producing kvass beverage
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Dutch brewer Heineken is to start production of the traditional Russian kvass brewed beverage in four factories across Russia. The company is using spare capacity as Russia’s beer market is shrinking, rt.com reported on April 23.
The Ostmark, Sheehan and Rusich brands will be produced in Heineken factories in Kaliningrad, Sterlitamak (the Republic of Bashkortostan), Khabarovsk and Irkutsk. All three are part of the company’s brand portfolio.
The decision to start producing kvass is aimed at using spare capacity due to a slump in the beer market, said company spokesman Cyril Bolmatov. Currently 40 percent of industry capacity remains underutilized. Companies don’t have to invest in reequipping bottling lines, as kvass production is similar to beer. Heineken intends to sell the kvass in nearby regions.
Heineken beer sales in Russia fell 10 percent in 2014, and if sales of kvass are successful, the company intends to market one of the brands nationwide. The beer market in Russia fell by 8.6 percent in 2014, according to Russia’s statistical service Rosstat.
Market decline began before the introduction of sanctions and the devaluation of the rouble. Between 2009 and 2014 excise duty on beer rose from 3 roubles to 18 roubles per litre, forcing a reduction in
...More info on site
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Fiji: Paradise Beverages’ beer sales volume decreases in 2014
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Paradise Beverages (Fiji) Ltd's beer sales volume in Fiji for the past 12 months totals 2.1 million nine-litre cases, The Fiji Times Online reports on April 21.
Over the 18 month period ending December 31, 2013, the company sold 3.2 mln nine-litre cases of beer.
According to the company 2014 annual report, spirits and alcoholic ready-to-drink (ARTD) volumes showed solid growth, recording 0.3 million nine-litre cases in the present period, with 0.4 million nine-litre cases in the prior reporting period.
It said underlying sales revenue increases were driven by a slight volume growth of 1.3 per cent, intra brand volume shift and price increases.
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Barley News
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Canada: Barley acreage to increase by 10% this year – Statistics Canada
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With the 2015 planting season fast approaching, Statistics Canada said on April 23 farmers are anticipating a surge in oat, barley and wheat acreages.
...More info on site
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France: Barley exports up to 3.5 mln tonnes in July-February 2014/15
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According to the French government, France’s barley exports reached 3.5 (3.3) mln tonnes in July-February 2014/15, thereof those to other EU countries 1.7 (1.9)
...More info on site
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