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Flash Summary
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E-Malt.com Flash 40a
September 28 - September 30, 2015
Quote of the Week
It is better to fail in originality than to succeed in imitation.
Herman Melville
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Currency Rates
Base Currency: Euro
on September 30, 2015 |
Base Currency: US Dollar
on September 30, 2015 |
| |
1 EUR = 1.1204 USD
1 EUR = 0.7391 GBP
1 EUR = 1.5000 CAD
1 EUR = 1.6009 AUD
1 EUR = 134.3800 JPY
1 EUR = 4.5834 BRL
1 EUR = 74.5825 RUB
1 EUR = 7.1316 CNY
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1 USD = 0.8893 EUR
1 USD = 0.6593 GBP
1 USD = 1.3409 CAD
1 USD = 1.4331 AUD
1 USD = 119.7500 JPY
1 USD = 4.0963 BRL
1 USD = 65.8302 RUB
1 USD = 6.3538 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| September 30, 2015 |
| Type |
Crop 2015 |
| EUR |
% |
| 2rs Barley |
182.00-184.00 |  1.10% |
| 6rw Barley |
159.00-161.00 | 0.63% |
| 2rs Malt |
373.00-375.00 | 0.66% |
| 6rw Malt |
345.00-347.00 | 0.36% |
| Feed Barley |
153.00-155.00 | 0.65% |
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: AB InBev may bid $106 bln for SABMiller already next week
...Click here
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Japan: Kirin Holdings to concentrate more on its beer business, make craft beers
...Click here
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China & Canada & USA: Molson Coors reported to be exiting Chinese beer market
...Click here
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USA: Barley harvest far advanced, quality predominantly good
...Click here
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Africa: One of AB InBev’s most obvious gains from acquiring SABMiller will be gaining the leading position on the African market
...Click here
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Japan & Australia: Japan’s Asahi buys Australian craft brewer Mountain Goat
...Click here
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USA: New malting plant may be built in the state of Wyoming
...Click here
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The Philippines: Philippines Katipunan Craft Ales toasting rapid growth
...Click here
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Vietnam: Ministry of Industry and Trade appoints new chairman at Sabeco
...Click here
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Graph of the week
Table of the week
Provisional EU Malting Barley Supply and Demand Estimate 2015/16
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
28 September
1879 - Sydney Australia inaugurates steam motor tram route
1923 - Radio Times 1st published
1953 - Dutch government proclaims 5% general pay increase on Jan 1, 1954
29 September
1915 - 1st transcontinental radio telephone message is sent
1950 - Telephone Answering Machine created by Bell Laboratories
1979 - Gold hits record $400.20 an ounce in Hong Kong
30 September
1452 - 1st book published, Johann Guttenberg's Bible
1988 - IBM announces shipment of 3 millionth PS/2 personal computer
1997 - Microsoft Corp releases Internet Explorer 4.0
Agenda
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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Malt News
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USA: New malting plant may be built in the state of Wyoming
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Wyoming officials are set to consider a proposal to provide $3.4 million in state funding for construction of a barley malting plant in Pine
...More info on site
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Brewery News
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World: AB InBev may bid $106 bln for SABMiller already next week
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Anheuser-Busch InBev SA could bid about $106 billion for SABMiller within days, with an opening offer expected as early as in the morning of
...More info on site
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Japan: Kirin Holdings to concentrate more on its beer business, make craft beers
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Kirin Holdings Co. plans to concentrate more on its beer business in part by making craft beers, President Yoshinori Isozaki said in a recent
...More info on site
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China & Canada & USA: Molson Coors reported to be exiting Chinese beer market
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Molson Coors Brewing Company is reported to be exiting the Chinese market because of increased competition from smaller beer brands, China Daily reported on
...More info on site
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Africa: One of AB InBev’s most obvious gains from acquiring SABMiller will be gaining the leading position on the African market
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Africa is Budweiser’s lost continent. For SABMiller, it is the jewel in the crown, The New York Times reported on September 25.
While Anheuser-Busch InBev is basically absent, Africa generated 28 percent of SABMiller’s revenue and 30 percent of its earnings before interest, taxes, depreciation and amortization last year. That is the key to a potential offer by Anheuser-Busch InBev, the Budweiser brewer, for SABMiller, its $89 billion rival.
Macroeconomic trends, and shifting African drinking habits, underpin SABMiller’s strength in Africa. For one thing, the population is growing across Africa. SABMiller forecast the rise at 2.6 percent this year. And it said that gross domestic product per capita was rising 5.4 percent – around twice the global average.
The beer story is even stronger. Africa’s annual average per-capita consumption of beer is in line with the annual global average, which is around 45 litres a head. Africans drink nine litres of branded beers a head, and much of the rest of their alcohol consumption comes from illicit or homemade liquor. As per-capita wealth rises, so does the chance that more Africans will drink more branded beer. Governments might even help that shift because branded beers, unlike the so-called informal brews, bring tax revenue.
SABMiller
...More info on site
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Japan & Australia: Japan’s Asahi buys Australian craft brewer Mountain Goat
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Japanese beer giant Asahi has scooped up its second Australian boutique brewer in as many years buying Melbourne-based brewer Mountain Goat, The Sydney Morning Herald reported on September 28.
The multinational beverage company's purchase of Mountain Goat, launched in 1997, continues the consolidation that has swept through the craft beer sector.
It comes after Asahi bought the Cricketers Arms brand, which it produces at a microbrewery at Laverton in Melbourne's west, in April 2013.
Cam Hines and David Bonighton founded Mountain Goat after "cranking out" home brews in Mr Bonighton's backyard in the early 1990s.
The pair said in a joint statement they would be "sticking around" at Mountain Goat, and had formed a good working relationship with Asahi.
"We've been contract partners with Asahi for three years now, and with their expert help our beer has grown in demand, expanded nationally, and found a special place with beer lovers," Mr Hines and Mr Bonighton said.
"We are confident that with Asahi on board, we will be able to convert many more people to craft beer than we could do on our own."
The pair said the sale would allow them to focus more on brewing beer and their aim of continuously improving quality.
"This was a key
...More info on site
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The Philippines: Philippines Katipunan Craft Ales toasting rapid growth
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When most people think of products that represent the Philippines on the world stage, few of them arrive at beer. Brett Lim is not one of them, Rappler reported on September 27.
“Filipinos should be proud of Filipino products that can stand up against global competition. I believe beer is one of those products,” said Lim, who co-founded craft beermaker Katipunan Craft Ales more than 3 years ago.
Lim said that plenty of local craft beers are world-class. As proof, Katipunan Craft Ales gets inquiries from many countries outside of the Philippines. He was in Hong Kong recently, where he was making small talk with the staff at a local craft beer bar. After mentioning that he was a part of the team behind Katipunan Craft Ales, the bartender’s face lit up.
“The bartender said he had tried ours before,” Lim said. “One of their patrons brought back a bottle from Manila for them to try. He said there were requests for them to stock us there.”
This anecdote highlights why Lim and his co-founding team decided to establish Katipunan Craft Ales. While they were toying with different ideas, they liked the universal appeal of beer. As it did for them, beer could connect
...More info on site
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Vietnam: Ministry of Industry and Trade appoints new chairman at Sabeco
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The Vietnam Ministry of Industry and Trade has appointed Vo Thanh Ha, former chief of the ministry office and secretary to the minister, as chairman of Saigon Beer, Alcohol and Beverage Corporation (Sabeco), representing the state ownership in this business, DealstreetAsia reported on September 29.
The news was initially reported by the Bao Dau tu (Investment Newspaper).
Ha replaces Phan Dang Tuat, the former 58-year-old chairman, who resigned last month. Bui Ngoc Hanh, a board member at Sabeco, then temporarily chaired the company.
Ha, born in 1974, used to head the ministry office from February 2015. Prior to that position, he served as the minister of industry and trade’s secretary.
Earlier in February this year, the ministry also appointed Vu Quang Hai, 29, to be the brewer’s deputy CEO and board member.
“The selection of young people for the leading roles in Vietnam’s largest beer producer implies that the ministry wants to see innovative changes from the corporation,” the Bao Dau tu report commented.
The state-owned brewer is facing aggressive competition from local private and foreign brands. Sabeco still leads the local market which saw production of around 1.4 billion litres of beer in 2015. However, the distance between Sabeco and foreign brands such as Heineken
...More info on site
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Barley News
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USA: Barley harvest far advanced, quality predominantly good
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Barley harvest in the U.S. is far advanced. Yields are far better than expected, quality predominantly very good with small incidents of fusarium and
...More info on site
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