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Flash Summary
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E-Malt.com Flash 33a
August 10 - August 12, 2015
Quote of the Week
Winners take time to relish their work, knowing that scaling the mountain is what makes the view from the top so exhilarating.
Denis Waitley
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Currency Rates
Base Currency: Euro
on August 14, 2015 |
Base Currency: US Dollar
on August 14, 2015 |
| |
1 EUR = 1.1109 USD
1 EUR = 0.7106 GBP
1 EUR = 1.4455 CAD
1 EUR = 1.5121 AUD
1 EUR = 138.2300 JPY
1 EUR = 3.8793 BRL
1 EUR = 71.1475 RUB
1 EUR = 7.1078 CNY
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1 USD = nq EUR
1 USD = nq GBP
1 USD = nq CAD
1 USD = nq AUD
1 USD = nq JPY
1 USD = nq BRL
1 USD = 63.9988 RUB
1 USD = nq CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| August 14, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
nq | |
| 6rw Barley |
nq | |
| 2rs Malt |
nq | |
| 6rw Malt |
nq | |
| Feed Barley |
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.
EU: Latest reports show unchanged malting barley usage in France, decline in the UK, and increase in Germany
...Click here
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The Philippines: San Miguel Brewery’s first-half consolidated income up 10% thanks to higher revenues from brewery operations
...Click here
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Japan: Three of Japan’s four major brewers report yoy increase in group sales and operating profits in H1 2015
...Click here
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Asia: F&N’s beer profits hurt by unfavourable exchange rates, higher taxes and operating costs in Q3
...Click here
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UK: New brewery opens up every other day in the UK - report
...Click here
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World: Barley markets follow other grains down despite a rather tight barley S/D balance
...Click here
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France: Malting barley market active with maltsters covering their needs for 2015/16
...Click here
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Armenia: New Gyumri malting plant ready to accept quality malting barley from local farmers
...Click here
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China: A brief guidance on opening bar or microbrewery in China
...Click here
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North Korea: North Korean Government seeking foreign investors for building new brewery in Wonsan port city
...Click here
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Australia: Lion to be first to add nutritional information panels to its beer bottles and cartons
...Click here
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Graph of the week
Table of the week
World Barley Trade
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 August
1500 - Diego Diaz discovers Madagascar
1793 - The Musee du Louvre is officially opened in Paris, France
1961 - England applies for membership in the European Common Market
1981 - Coca-Cola Bottling Co agrees to pump $34 million into black business
1988 - UN estimates Asia's population hit 3 billion
11 August
1909 - SOS 1st used by an American ship, Arapahoe, off Cape Hatteras, NC
1950 - Steve Wozniak, future co-inventor of the Apple computer, is born
1992 - The world's largest shopping center, the US$650-million, 4.2-million-square-foot Mall of America, opens in Bloomington, Minnesota
12 August
1856 - Anthony Fass patents accordion
1877 - Thomas Edison invents Edisonphone, a sound recording device
1960 - Echo 1, 1st communications satellite, is launched
1981 - The IBM Personal Computer is released
Agenda
August 2015:
07-09: 19th International Berlin Beer Festival (Berlin, Germany)
11-15: The Great British Beer Festival 2015 (London, UK)
September 2015:
06: Craft Bier Festival 2015 (Rapperswil, Switzerland)
06-08: Belgian Brewing Conference 2015 (Leuven, Belgium)
19 September - 14 October: Oktoberfest 2015 (Munich, Germany)
24-26: Great American Beer Festival 2015 (Denver, USA)
24-26: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
November 2015:
10-12: Brau Beviale 2015 (Nuremberg, Germany)
19-22: Mondial de la Biere - Rio 2015 (Rio de Janeiro, Brazil)
More events are available on site e-malt.com
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Malt News
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EU: Latest reports show unchanged malting barley usage in France, decline in the UK, and increase in Germany
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Barley used for malt production in France in July/May 2014/15 was 1.536 mln tons, virtually unchanged from a year before, H. M. Gauger GmbH
...More info on site
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Armenia: New Gyumri malting plant ready to accept quality malting barley from local farmers
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New malting plant in Armenia’s Gyumri city is ready to get the entire volume of quality barley produced in the country, Ashot Baghdasaryan, General
...More info on site
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Brewery News
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The Philippines: San Miguel Brewery’s first-half consolidated income up 10% thanks to higher revenues from brewery operations
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San Miguel Brewery, Inc. (SMB), the beer subsidiary of San Miguel Corporation, reported a 10 percent growth in consolidated income in the first half
...More info on site
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Japan: Three of Japan’s four major brewers report yoy increase in group sales and operating profits in H1 2015
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Three of Japan’s four major brewers logged year-on-year increases in both group sales and operating profits in the first half of the business year
...More info on site
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Asia: F&N’s beer profits hurt by unfavourable exchange rates, higher taxes and operating costs in Q3
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Fraser & Neave (F&N) has recorded a weaker bottom line in the third quarter on lower earnings from beverages, printing and publishing, The Straits
...More info on site
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UK: New brewery opens up every other day in the UK - report
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Britain is undergoing a "beer boom" which is seeing a new brewery open up every other day, according to new figures.
The Government said the
...More info on site
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Australia: Craft beer sector enjoying boom times
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Once the domain of backyard hobbyists, the craft beer industry is enjoying boom times as Australian beer drinkers seek unique tastes to quench their
...More info on site
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Venezuela: Cerveceria Polar to restart operations
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Venezuela's largest beer manufacturer says it will restart operations after shortages of raw materials led it to close some breweries, AP reported on August 11.
Cerveceria Polar announced on August 11 that it's received the malted barley it needs to manufacture the golden brew that is a favorite in the South American country.
The company makes more than 70 percent of Venezuela's beer. Last week, bottles of Polar began to disappear from store shelves in Caracas due to difficulty obtaining ingredients.
Venezuela's socialist government controls access to foreign currency, which means companies often must wait for official approval to import essential materials.
Government officials did not address the brewery shutdowns. In the past, authorities have accused Polar of trying to destabilize the country by creating an illusion of shortages.
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China: A brief guidance on opening bar or microbrewery in China
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As the world’s largest beer market, China offers a lot of opportunities for beer aficionados and the seasoned brewer alike. Beer consumption has been steadily increasing in the country, with per-capita beer consumption rising at an annual rate of 5.1 percent from 2008-2013. As the Chinese middle class develops tastes for heavy lagers and IPAs, there has been a significant increase in demand for foreign imports, with U.S. beer imports to China more than doubling between March 2013 and 2014.
These trends have prompted many investors to start considering ways in which they can tap into China’s beer market, whether it be importing beer or opening up a bar or microbrewery in China. The process for opening a bar, entertainment venue, or microbrewery is in many ways quite similar to the process for opening a restaurant or café. However, there are some additional licensing procedures and considerations that investors need to be aware of before embarking on their business operations, Asia Briefing Ltd. informs.
Step 1: Finding the Right Location
Like finding a location for a café or restaurant, finding the right location for your bar or microbrewery can be a very tricky task. In order to avoid renting out a location that
...More info on site
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North Korea: North Korean Government seeking foreign investors for building new brewery in Wonsan port city
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The North Korean Government is seeking potential foreign investors to support the construction of a new $39 mln brewery in Wonsan port city in Kangwon Province, The Drinks Business Review reported on August 11.
The investment is a part of the North Korean president Kim Jong Un's plans to develop more than 100 new separate projects in an effort to turn the Wonsan-Kumgang Development Zone into an international tourism hub.
The Wonsan investment committee has reportedly secured more than $150 mln in foreign financing to fund the project development.
The brewery is designed to produce 50 million litres of beer including 20 million litres of draught beer and 30 million litres in plastic bottles, annually, according to the documents acquired by Reuters.
Independent consultant supporting Wonsan investment committee Michael Spavor was quoted as saying: "North Korean beer tastes great and despite the really big demand for it on the east coast, there's no large-scale brewery in the region capable of generating the supply."
The decision to build new brewery comes as a result of rising demand and poor infrastructure.
The country's largest beer production factory, Taedonggang Beer, is currently using old UK-manufactured equipment.
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Australia: Lion to be first to add nutritional information panels to its beer bottles and cartons
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As Lion announces an Australian beer industry first with adding nutritional information panels (NIPs) to bottles and cartons across its entire wholly-owned Australian beer portfolio, managing director James Brindley told TheShout, "this is the right thing to do", The Shout reported on August 12.
Starting this month Lion's beer bottles will carry nutritional information on sugar, preservative calorie (kilojoule) and carbohydrate content.
Brindley said labelling is part of a bigger "Beer the Beautiful Truth" program and that there were two main reasons behind the initiative.
"One is emotive and one is rational," Brindley said. "The emotive reason is that we are in the beer business, we love beer and it's not very well understood and it gets a bad rap. So we wanted to educate people so they can reappraise beer.
"The rational part is that beer is at its lowest level of consumption per capita since figures have been recorded and that's bit of an economic challenge for us, so if we can get people to reappraise beer and consume beer more frequently and enjoy beer more frequently it is going to be good for business."
Brindley said that pre-empting harsh government legislation on labelling was "absolutely not" behind this decision. He added:
...More info on site
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Barley News
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World: Barley markets follow other grains down despite a rather tight barley S/D balance
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In July, world barley markets followed other grains down, although its S/D balance is again rather tight. Interesting to note that the world barley
...More info on site
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France: Malting barley market active with maltsters covering their needs for 2015/16
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France’s malting barley prices gained some strength last week as compared to the previous week, La Depeche reported on August 11.
Maltsters are making
...More info on site
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