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Flash Summary
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E-Malt.com Flash 19b
May 07 - May 10, 2015
Quote of the Week
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Angela Merkel
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Currency Rates
Base Currency: Euro
on May 08, 2015 |
Base Currency: US Dollar
on May 08, 2015 |
| |
1 EUR = 1.1305 USD
1 EUR = 0.7425 GBP
1 EUR = 1.3645 CAD
1 EUR = 1.4186 AUD
1 EUR = 134.7200 JPY
1 EUR = 3.4218 BRL
1 EUR = 57.2207 RUB
1 EUR = 7.0129 CNY
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1 USD = 0.8834 EUR
1 USD = 0.6565 GBP
1 USD = 1.2081 CAD
1 USD = 1.2579 AUD
1 USD = 119.4700 JPY
1 USD = 3.0307 BRL
1 USD = 50.4548 RUB
1 USD = 6.0948 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| May 08, 2015 |
| Type |
Crop 2014 |
Crop 2015 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
171.00-173.00 |  0.58% |
190.00-192.00 | 0.52% |
| 6rw Barley |
167.00-169.00 | 1.18% |
175.00-177.00 | 0.56% |
| 2rs Malt |
363.50-365.50 | 0.34% |
383.00-385.00 | 0.32% |
| 6rw Malt |
359.00-361.00 | 0.68% |
364.50-366.50 | 0.34% |
| Feed Barley |
163.00-165.00 | 1.80% |
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.
World: Molson Coors Brewing reports lower-than-expected quarterly net sales
...Click here
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USA: MillerCoors net income rises in Q1 despite 1% drop in net sales
...Click here
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Indonesia: Multi Bintang Indonesia sees Q1 net profits drop by more than 40% due to ban on beer sales in minimarkets
...Click here
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Singapore: Fraser and Neave announce Q2 FY 2015 results
...Click here
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The Philippines: San Miguel Brewery expected to report 20% hike in first-quarter net income
...Click here
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World: SABMiller shares rise on renewed talks of possible takeover by AB InBev
...Click here
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Myanmar: Carlsberg launches its first brewery in Myanmar
...Click here
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Romania: Heineken Romania’s turnover dropped 3% last year
...Click here
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Canada: SABMiller to launch Miller Lite nationwide next week
...Click here
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Japan: Consumers in uprising against beer market’s blandndess
...Click here
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USA: Gavin Hattersley named interim CEO of MillerCoors
...Click here
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Graph of the week
Table of the week
Europe Malt Imports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 May
1664 - Louis XIV of France inaugurates the Palace of Versailles
1955 - West Europe Union established
1979 - 5th UNCTAD-conference opens in Manila
1982 - IBM releases PC-DOS version 1.1
1998 - Mercedes-Benz buys Chrysler for $40 billion USD and forms DaimlerChrysler in the largest industrial merger in history
08 May
1888 - George Eastman patents "Kodak box camera"
1899 - Friedrich August von Hayek is born in Vienna (Nobel Prize in economics in 1974)
1929 - John Clifton Bogle, future founder of the Vanguard Group of Investment Cos., is born in Montclair, N.J.
09 May
1785 - British inventor Joseph Bramah patents beer-pump handle
1886 - At the soda fountain of Jacob's Pharmacy in Atlanta, Dr. John S. Pemberton sells the first glass of Coca-Cola, his new "tonic" beverage
10 May
1837 - As New York banks suspend payment of loans in specie (gold coins), the Panic of 1837 begins - setting off the deepest economic depression the United States will suffer until 1929
1869 - The First Transcontinental Railroad, linking the eastern and western United States, is completed at Promontory Summit, Utah (not Promontory Point, Utah) with the golden spike
1950 - The Digital Age takes a huge leap forward. At the National Physical Laboratory in the British village of Teddington, Alan Turing's Pilot Model Advanced Computing Engine (ACE), one of the world's earliest general-purpose electronic computers, runs its first program
1975 - Sony introduces the Betamax videocassette recorder in Japan
Agenda
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
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Brewery News
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World: Molson Coors Brewing reports lower-than-expected quarterly net sales
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Molson Coors Brewing Co reported on May 7 lower-than-expected quarterly net sales, hurt by lower demand for its beer and a strong dollar.
The dollar
...More info on site
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USA: MillerCoors net income rises in Q1 despite 1% drop in net sales
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MillerCoors LLC, the U.S. operations of brewers Molson Coors Brewing Co and SABMiller Plc , reported on May 7 a 1 percent fall in
...More info on site
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Indonesia: Multi Bintang Indonesia sees Q1 net profits drop by more than 40% due to ban on beer sales in minimarkets
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With beer now absent from minimarkets’ shelves following a government restriction, Indonesia’s largest brewer Multi Bintang Indonesia saw its first-quarter net profits drop by
...More info on site
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Singapore: Fraser and Neave announce Q2 FY 2015 results
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Fraser and Neave, Limited (“F&N” or the “Group”) on May 7 announced second-quarter FY2015 to 31 March 2015 (“2Q2015”) earnings from continuing operations of
...More info on site
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The Philippines: San Miguel Brewery expected to report 20% hike in first-quarter net income
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San Miguel Brewery Inc., the Philippines’ top beer producer, is expected to report a 20 percent hike in net income for the first quarter
...More info on site
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World: SABMiller shares rise on renewed talks of possible takeover by AB InBev
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Shares of brewer SABMiller rose more than 3 percent on May 7, with traders citing talk of a possible takeover bid from rival Anheuser-Busch InBev, Reuters reported.
Two London-based traders said billionaire Warren Buffett and investment firm 3G Capital were also cited as potential bidders.
SABMiller was not immediately available to comment.
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Myanmar: Carlsberg launches its first brewery in Myanmar
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Carlsberg opened its first beer production plant in Myanmar, company officials said on May 8.
The joint venture between the world’s fourth-largest beer maker and
...More info on site
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Romania: Heineken Romania’s turnover dropped 3% last year
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Beer producer Heineken Romania recorded last year a 3% drop in its turnover compared to 2013. The business amounted to EUR 245 million, Romania-Insider.com
...More info on site
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Canada: SABMiller to launch Miller Lite nationwide next week
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SABMiller PLC will mark on Monday, May 11 Miller Lite’s first nationwide launch in Canada with an ad campaign which will be using the beer’s history to promote it, The Globe and Mail reported.
“Mad Men correctly recounts Miller Lite as the pioneer of the light-beer segment,” said Stewart Cowan, vice-president of marketing at SABMiller Canada.
The ads, which will be in heavy rotation on television throughout the summer, tout the brand as “the light beer that invented light beer,” and will refer to its brewing heritage dating back to 1973.
Canadian consumers have high brand awareness of Miller Lite, SABMiller said, thanks to Canada’s proximity to the United States, where it has been sold for years. The beer was only available with limited marketing in Ontario and Newfoundland, and has not been sold at all here since 2010.
Until now, all of SABMiller’s products – including Miller Genuine Draft, Peroni, Pilsner Urquell and Grolsch – were sold through a partnership with Molson Coors Canada. That partnership ended last October after a lengthy legal dispute and SABMiller opened its own Canadian offices this year.
“Canadian consumers are world-renowned beer lovers,” said Paul Verdu, managing director for Canada.
That may be true, but it’s an awkward time
...More info on site
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Japan: Consumers in uprising against beer market’s blandndess
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Tatsuo Aoki’s low-key Tokyo bar, Popeye, has become a destination for beer fanatics from around Japan. They make the pilgrimage to sample Hokkaido ales and Shizuoka stouts, or for an impromptu lecture from Aoki on hops and yeast, The Sunday Times reported on May 7.
He’s part of an uprising in Japan against the staggering blandness of local beer. Four beverage behemoths dominate the market, all promoting pilsner-style lagers that account for more than 95% of the suds sold. It’s a bit like sidling up to a bar in 1980s Milwaukee: Miller or Budweiser?
Tastes are changing though. Craft beer is gaining popularity in Japan through the efforts of people such as Aoki, much like it has in the US and Europe.
The four giants — Asahi Group Holdings Ltd., Kirin Holdings Co., Suntory Holdings Ltd. and Sapporo Holdings Ltd. — are experimenting with alternative brews too as they face a slide in consumption.
The competition is changing the market and beginning to produce beer drawing acclaim around the world.
“There are dozens of brewers in Japan making fabulous, highly rated beers,” said Matt Simpson, owner of the Marietta, Georgia-based consulting firm The Beer Sommelier. “They’re not exposed yet.”
Japan has been the land of lager
...More info on site
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USA: Gavin Hattersley named interim CEO of MillerCoors
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The Board of Directors of MillerCoors, the U.S. and Puerto Rican joint venture between SABMiller plc and Molson Coors Brewing Company, on May 7 named Gavin Hattersley to the role of interim Chief Executive Officer to lead the business when current CEO Tom Long retires June 30, 2015.
Hattersley, 52, currently Chief Financial Officer (CFO) of Molson Coors and former CFO of MillerCoors, will serve as interim CEO for up to six months until the Board completes its search for a permanent successor.
"Gavin is an outstanding and trusted leader with ideal qualifications for the role. He has extensive beer industry knowledge and experience in the U.S. and on the global stage. His unique experience of having held top leadership positions with both parent companies and MillerCoors make him the right choice to take the business forward with integrity and a strong sense of purpose," noted Pete Coors, Chairman of MillerCoors and Molson Coors.
"Gavin is an excellent choice to lead MillerCoors through this transition," remarked Alan Clark, Deputy Chairman and CEO, SABMiller. "He has the respect and confidence of the MillerCoors Board as well as our most important stakeholders, including employees, distributors, and investors."
Hattersley will continue as CFO of Molson Coors
...More info on site
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