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Flash Summary
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E-Malt.com Flash 39a
September 21 - September 23, 2015
Quote of the Week
If you do what you've always done, you'll get what you've always gotten.
Tony Robbins
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Currency Rates
Base Currency: Euro
on September 23, 2015 |
Base Currency: US Dollar
on September 23, 2015 |
| |
1 EUR = 1.1155 USD
1 EUR = 0.7223 GBP
1 EUR = 1.4804 CAD
1 EUR = 1.5732 AUD
1 EUR = 133.7500 JPY
1 EUR = 4.4809 BRL
1 EUR = 73.9568 RUB
1 EUR = 7.1129 CNY
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1 USD = 0.8954 EUR
1 USD = 0.6471 GBP
1 USD = 1.3253 CAD
1 USD = 1.4063 AUD
1 USD = 120.1800 JPY
1 USD = 4.0042 BRL
1 USD = 66.1875 RUB
1 USD = 6.3652 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 23, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
180.00-182.00 |  |
| 6rw Barley |
158.00-160.00 | |
| 2rs Malt |
371.00-373.00 | |
| 6rw Malt |
343.50-345.50 | |
| Feed Barley |
151.00-153.00 |  1.33% |
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.
Asia: Tsingtao’s profits for Hong Kong, Macau and overseas down 51.8% in H1 2015
...Click here
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Brazil: Ambev admits current year is being difficult but does not cut on plans to launch more premium beers
...Click here
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Latin America: Brazilian Skol beer becomes Latin America’s most valued brand
...Click here
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Belgium: First-half beer consumption declines 4.76%
...Click here
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World: Barley crop may reach 144 mln tons this year
...Click here
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Australia: Barley production forecast to rise by 8% in 2015-16
...Click here
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Russia & Ukraine: Barley harvest finished in Ukraine, almost finished in Russia
...Click here
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USA: Final malting barley crop results delayed by some quality tests
...Click here
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UK: AB InBev may opt to switch tax domicile to Britain if takeover of SABMiller succeeds
...Click here
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Belgium: Societe Commerciale de Brasserie SA reports good results for H1 2015
...Click here
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Namibia: Namibia Breweries expect good performance to continue despite increase in local competition
...Click here
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Australia: Lion not in contact with AB InBev regarding the future of Corona distribution rights yet
...Click here
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Kenya: Keroche Breweries wants to set up modern plant in Central Kenya
...Click here
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Iran: Iran cancels import duties on wheat and barley
...Click here
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India: Vijay Mallya says beer should be treated as non-alcoholic beverage
...Click here
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Australia: Western Australia farmers try growing hops
...Click here
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South Korea: Chinese beer becoming very popular in South Korea
...Click here
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Graph of the week
Table of the week
World Beer Production by Continent
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
Are hops the isinglass of tomorrow ?
ABSTRACT
Here is a new aspect of our favourite plant! These British researchers found that hops
contain active fining compounds. Extracts of hop cones were shown to have the capacity to
flocculate yeast, resulting in their sedimentation. This activity has been identified
in extracts of many different hop varieties and especially in spent hops - the co-product
resulting from commercial extraction of hops with either CO2 or ethanol. The compounds
responsible for the fining activity appear to be large polyphenols (30 to 100kDa, or higher).
Preliminary data indicate that addition of the finings at optimal dose rates has minimal
impact on the organoleptic properties of beer. Isn't this a relief to all fishes that hops can do their job in beer?
Read more
Source: Barth Innovations
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These Days in Business History
21 September
1784 - The first daily newspaper in the United States, the Pennsylvania Packet and Daily Advertiser, begins publishing
1883 - 1st direct US-Brazil telegraph connection
1931 - The day after the Bank of England abandons the gold standard, U.S. stocks tumble
22 September
1893 - 1st auto built in US (by Duryea brothers) runs in Springfield
1910 - England's 1st aircraft flight
1988 - Canada begins production of a $5 silver Maple Leaf bullion coin
23 September
1889 - Nintendo Koppai (Later Nintendo Company, Limited) is founded
1908 - University of Alberta opens
1974 - BBC Ceefax begins 1st teletext service
1991 - ABN & AMRO Dutch banks merge
Agenda
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: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
24-26: Great American Beer Festival 2015 (Denver, USA)
October 2015:
01-03: Stockholm Beer & Whisky Festival 2015 (Stockholm, Sweden)
06-08: Beviale Moscow 2015 (Moscow, Russia)
09-10: Beertopia 2015 (Hong Kong)
09-11: The Finest Spirits & Beer Convention 2015 (Bochum, Germany)
17-19: BrouwPlus 2015 (Antwerp, Belgium)
23-25: Nordic Brew Festival 2015 (Frederikshavn, Denmark)
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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Brewery News
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Asia: Tsingtao’s profits for Hong Kong, Macau and overseas down 51.8% in H1 2015
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Tsingtao’s profits for the markets of Hong Kong, Macau and overseas declined 51.8 per cent year-on-year to 12.67 million yuan (MOP15.89 million) from 26.28
...More info on site
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Latin America: Brazilian Skol beer becomes Latin America’s most valued brand
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Beer brands feature strongly in the upper reaches of a ranking of the most valuable brands in Latin America with Skol topping the list.
The
...More info on site
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Brazil: Ambev admits current year is being difficult but does not cut on plans to launch more premium beers
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Bernardo Paiva, President of Brazil’s leading brewing company Ambev, said on September 18 the current year was being difficult for the nation’s brewing industry,
...More info on site
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Belgium: First-half beer consumption declines 4.76%
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Beer consumption in Belgium declined by 4.76% during the first half of 2015, l’avenir.net reported on September 22 citing Haacht Brewery.
“Last year the
...More info on site
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UK: AB InBev may opt to switch tax domicile to Britain if takeover of SABMiller succeeds
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Brewing giant Anheuser-Busch InBev is understood to be weighing up a plan to switch its tax domicile to Britain if successful in a mooted
...More info on site
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Belgium: Societe Commerciale de Brasserie SA reports good results for H1 2015
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Belgium-based Societe Commerciale de Brasserie SA (formerly known as Brouwerij Handelsmaatschappij Societe Commerciale de Brasserie SA) reported on September 22 first-half revenue of 48.3
...More info on site
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Namibia: Namibia Breweries expect good performance to continue despite increase in local competition
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Namibia Breweries expects its good performance to continue in Namibia with "continued solid growth in beer despite the expected increase in the local competitor
...More info on site
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Australia: Lion not in contact with AB InBev regarding the future of Corona distribution rights yet
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Stuart Irvine, the boss of Australia’s biggest brewer, Lion, has not been in contact with Belgium’s Anheuser-Busch InBev to discuss the future of his exclusive local distribution rights to its top-selling Corona beer since its audacious takeover play for rival SABMiller last week, The Australian reported on September 22.
Corona is Australia’s fourth biggest selling beer, with Lion winning the local rights to the brand three years ago after SABMiller swallowed up the then rights holder, Foster’s, for A$12 billion.
But with AB InBev now circling SABMiller to create a A$382 billion beer giant, a portfolio of international beers, including Corona, could now be reshuffled to align with the new corporate realties of the global brewing industry.
“We have not been specifically in touch with them because there is no need to, because we are just controlling what we need to control,’’ Mr Irvine said.
Mr Irvine declined to detail the contract he has with AB InBev to distribute Corona, which was recently renewed in June for a number of years, or if there was any clauses triggering compensation payments if AB InBev decided to seize back the beer brand.
“Actually this AB InBev merger has been rumoured a lot over the last few years
...More info on site
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Kenya: Keroche Breweries wants to set up modern plant in Central Kenya
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Keroche Breweries wants to tap into the liquor market in Central Kenya, kbc.co.ke reported on September 20.
The company says it plans to set up
...More info on site
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India: Vijay Mallya says beer should be treated as non-alcoholic beverage
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Beer should be treated as a non-alcoholic beverage to boost its consumption across the country, United Breweries Ltd chairman Vijay Mallya was quoted as saying by Deccan Herald on September 22.
"As beer has only five percent alcohol unlike 40 percent in hard liquor or spirits, it is irrational to charge the same prohibitive tax on both the beverages," Mallya told shareholders at the company's 16th AGM here.
Noting that the per capita consumption of beer in India was two litres as against 27 litres globally, Mallya said, as a result, beer contributed five percent to the total alcohol consumed across the country, with 280 million cases sold in 2015 as against 100 million cases in 2005.
As a leader in the low-alcoholic beverage, UBL has 52 percent market share in the country, with its nearest rival having less than half of its share.
Seeking a rational regulatory and taxation policy on beer, the liquor baron said unlike in India, beer was the preferred beverage of choice in most of the world, especially for young consumers and ranked third among all beverages after water and tea.
"Decades of perverse taxation policy that equates spirits and beer had resulted in beer being prohibitively expensive as a
...More info on site
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South Korea: Chinese beer becoming very popular in South Korea
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Chinese beer is becoming popular in the Korean market. According industry officials, the current leader is Tsingtao, a beer that first appeared on Korean shores in 2000, The Korea Bizwire reported on September 22.
Tsingtao’s roots trace back to 1903, when a brewery was established in Qingdao, China with German equipment and technology. It became the biggest Chinese beer export in 2011, and is now sold in 80 countries around the world, including Japan, Germany, France and the U.S.
Tsingtao is also popular in the Korean market, along with the Netherlands’ Heineken, America’s Budweiser and Japan’s Asahi.
According to Lotte Mart, sales of Tsingtao from January to August this year ranked third after Heineken and Asahi Super Dry. During the latter half of last year, Tsingtao ranked #1, grabbing 43.8 percent of the imported beer market, and topping sales of Budweiser and Miller.
Thanks to the popularity of Tsingtao, Harbin Beer will also enter the Korean market. OB Beer is planning to launch Harbin before the end of the year.
Harbin Beer is a product that AB InBev, the parent company of OB Beer, is selling in China. Based on sales, it ranks third in China, and 8th in the global market.
Harbin has been produced
...More info on site
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Barley News
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World: Barley crop may reach 144 mln tons this year
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The IGC has increased its global barley production forecast by 4.5 mln tons to 140.2 mln tons, only 0.6 mln tons less than last
...More info on site
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Australia: Barley production forecast to rise by 8% in 2015-16
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Australia’s barley production is forecast to rise by 8 per cent to 8.6 million tonnes in 2015-16, ABARES said in its September report.
In New
...More info on site
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Russia & Ukraine: Barley harvest finished in Ukraine, almost finished in Russia
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Russia harvested 13.9 mln tons of barley, bunker weight, by August 28, yields per ha are down to 2.39 from last year’s 2.54 tons,
...More info on site
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USA: Final malting barley crop results delayed by some quality tests
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Although most producers in the USA had good yields with their barley crop, some regions did report problems with vomitoxin. And tests for that
...More info on site
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Iran: Iran cancels import duties on wheat and barley
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Iran has cancelled import duties it imposed on wheat and barley in July, according to an official document seen by Reuters on September 22.
The document said the import duties ended on Sept. 6 for wheat and on Aug. 22 for barley. It gave no reason for the cancellation.
The Iranian government imposed a wheat duty of 1,500 rials per kilo, or about USD50 a tonne, a level that rendered wheat imports commercially unfeasible.
The government had originally said the wheat duty would last for one year and the barley until Sept. 22.
The cancellation comes despite a statement by the government in August saying that it did not need to import wheat this year.
“Russian ships have not been offloaded in the previous two weeks, possibly because they were waiting for the tax to be removed soon. After they complete offloading and finish checks at the customs, one can expect a spike in export activity to Iran,” a Russian industry source said.
Iran was the third largest buyer of Russian wheat last marketing year after Turkey and Egypt.
The import duties had applied to all private sector importers, traders and mills but not to the state import agencies Government Trading Corporation of Iran (GTC) or the
...More info on site
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Hops News
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Australia: Western Australia farmers try growing hops
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While vineyards can be spotted far and wide around southern Western Australia, towering hops bines are quite rare, abc.net.au reported on September 22.
Despite the growing number of boutique breweries across the state, fresh, or even locally grown hops are hard to source.
But with paddock-to-plate, or farm-to-glass, very much in-vogue, there are some producers looking to fill that supply gap.
With five generations of dairy and cattle farming behind him, and a job at a Margaret River craft beer brewery, Hamish Coates saw an opportunity to grow hops for local beer.
Mr Coates has already trialled hops in pots on the family farm at Jindong, in Western Australia's south-west.
He is now growing a 120 plant crop that will produce approximately 300 grams per plant initially and will increase to about one kilogram per plant over the next two to three years.
The hops will be grown on 12, five-metre high posts that will form a trellis for the long stem, or bine, of the hops to climb over.
Hops are predominantly grown in the eastern states, with Australia's largest producers located in Victoria and Tasmania.
With only very small quantities of hops grown in WA, Mr Coates said many local breweries sourced dried product from interstate
...More info on site
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