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Flash Summary
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E-Malt.com Flash 14b
April 07 - April 10, 2016
Quote of the Week
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J. P. Morgan
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Currency Rates
Base Currency: Euro
on April 08, 2016 |
Base Currency: US Dollar
on April 08, 2016 |
| |
1 EUR = 1.1364 USD
1 EUR = 0.8073 GBP
1 EUR = 1.4906 CAD
1 EUR = 1.5092 AUD
1 EUR = 123.1500 JPY
1 EUR = 4.1617 BRL
1 EUR = 77.3688 RUB
1 EUR = 7.3535 CNY
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1 USD = 0.8779 EUR
1 USD = 0.7093 GBP
1 USD = 1.3103 CAD
1 USD = 1.3219 AUD
1 USD = 108.7500 JPY
1 USD = 3.6557 BRL
1 USD = 67.7960 RUB
1 USD = 6.4691 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 08, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
158.00-160.00 |  1.24% |
179.00-181.00 | 0.55% |
| 6rw Barley |
144.00-146.00 |  |
154.00-156.00 | |
| 2rs Malt |
347.00-349.00 | 0.70% |
369.50-371.50 | 0.33% |
| 6rw Malt |
330.00-332.00 | |
339.00-341.00 | |
| Feed Barley |
135.00-137.00 | |
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.
Russia: Cargill suspends production at malting facility in Tula region
...Click here
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South Africa: Competition Commission won’t meet new deadline to complete investigation into AB InBev’s takeover of SABMiller
...Click here
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Denmark: Carlsberg seeking 2.3 bln kroner in cost savings by fiscal 2018
...Click here
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India: United Breweries gets approval to expand capacity at Goa plant
...Click here
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South Korea: Tsingtao becomes South Korea’s No. 1 import beer brand
...Click here
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Russia: Russian Communist Party wants to copyright the red star used by Heineken among others
...Click here
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Graph of the week
Table of the week
Russia Malt Production 2010 - 2015
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
07 April
1348 - Prague University, 1st university in central Europe, formed by Charles IV
1902 - Texaco, Oil Company forms
1927 - First long-distance public television broadcast (from Washington, D.C., to New York City, displaying the image of Commerce Secretary Herbert Hoover)
1933 - Prohibition in the United States is repealed for beer of no more than 3.2% alcohol by weight, eight months before the ratification of the XXI amendment
1948 - World Health Organization forms by U.N.
1964 - IBM announces the System/360
1969 - The Internet's symbolic birth date: publication of RFC 1
1999 - The World Trade Organization rules in favor of the United States in its long-running trade dispute with the European Union over bananas
08 April
1862 - John D. Lynde patents aerosol dispenser
1904 - John R Hicks is born, British economist (Nobel 1972)
1908 - Harvard University votes to establish the Harvard Business School
1946 - Electricite de France, the world's largest utility company, is formed as a result of the nationalisation of a number of electricity producers, transporters and distributors
09 April
1799 - Income Tax introduced in UK
1957 - The Suez Canal in Egypt is cleared and opens to shipping
2007 - Apple Computer unveils the revolutionary iPhone
10 April
1790 - U.S. Patent system forms
1816 - The Federal government of the United States approves the creation of the Second Bank of the United States
1930 - Synthetic rubber 1st produced
1956 - Philips broadcasts 1st Dutch color TV programs
Agenda
April 2016:
03-07: Trends in Brewing 2016 (Ghent, Belgium)
07-09: Warsaw Beer Festival 2016 (Warsaw, Poland)
13-15: Siberian Beer 2016 (Novosibirsk, Russia)
15-16: Helsinki Beer Festival 2016 (Helsinki, Finland)
23-24: Zythos Beer Festival 2016 (Leuven, Belgium)
May 2016:
03-06: Craft Brewers Conference & BrewExpo America 2016 (Philadelphia, USA)
17-20: Beer (Pivo) 2016 (Sochi, Russia)
18-19: Brewing Equipment and Technology 2016 (Birmingham, UK)
19-21: Copenhagen Beer Festival 2016 (Copenhagen, Denmark)
20-18 June: Great Australian Beer Spectacular (GABS) 2016 (Melbourne - Sydney - Auckland, Australia)
25-29: Latvia Beer Fest 2016 (Riga, Latvia)
June 2016:
08-12: Mondial de la Biere 2016 (Montreal, Canada)
09-11: South Beer Cup 2016 (Curitiba, Brazil)
14-16: Shanghai International Brew & Beverage Manufacturing Technology and Equipment 2016 (Shanghai, China)
July 2016:
02: Beer Boot Camp 2016 (Johannesburg, South Africa)
07-10: Artbeerfest 2016 (Caminha, Portugal)
09: Beer Boot Camp 2016 (Cape Town, South Africa)
13-15: ProPack China 2016 (Shanghai, China)
August 2016:
05-07: The 20th International Berlin Beer Festival (Berlin, Germany)
09-13: The Great British Beer Festival 2016 (London, UK)
10-13: Vietfood & Beverage - ProPack 2016 (Ho Chi Minh, Vietnam)
13-17: World Brewing Congress 2016 (Denver, USA)
September 2016:
08-10: Irish Craft Beer Festival 2016 (Dublin, Ireland)
14-15: Food and Drink Technology Africa 2016 (Johannesburg, South Africa)
19-03 October: Oktoberfest 2016 (Munich, Germany)
24-25: Whisky Live Paris 2016 (Paris, France)
26-28: VLB Ibero-American VLB Symposium 2016 (Santiago de Chile, Chile)
28-30: Beer and Soft Drinks Industry - 2016 (Kyiv, Ukraine)
29-01 October: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
October 2016:
06-08: Stockholm Beer & Whisky Festival 2016 (Stockholm, Sweden)
06-08: Great American Beer Festival 2016 (Denver, USA)
08-10: Brouwplus 2016 (Antwerp, Belgium)
11-14: China Brew, China Beverage 2016 (Shanghai, China)
21-23: The Finest Spirits & Beer Convention 2016 (Bochum, Germany)
November 2016:
08-10: Brau Beviale 2016 (Nuremberg, Germany)
09-12: Vietfood & Beverage - ProPack 2016 (Hanoi, Vietnam)
December 2016:
15-17: drink technology India 2016 (Mumbai, India)
More events are available on site e-malt.com
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Malt News
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Russia: Cargill suspends production at malting facility in Tula region
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Cargill said on April 8 it has suspended the production at its malting plant in Efremov, Tula region (around 300 km from Moscow) -
...More info on site
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Brewery News
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South Africa: Competition Commission won’t meet new deadline to complete investigation into AB InBev’s takeover of SABMiller
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South Africa’s Competition Commission probably won’t meet a new April 12 deadline to complete an investigation into Anheuser-Busch InBev NV’s takeover of SABMiller Plc,
...More info on site
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Denmark: Carlsberg seeking 2.3 bln kroner in cost savings by fiscal 2018
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Carlsberg A/S is seeking 2.3 billion kroner ($351 million) in cost savings by fiscal 2018, 15 percent higher than the upper range of a
...More info on site
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India: United Breweries gets approval to expand capacity at Goa plant
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The Goa government on April 7 granted in-principle approval to Vijay Mallya-promoted United Breweries to expand the capacity of its plant in the state
...More info on site
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South Africa: SABMiller’s success story overview
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South African Breweries (SAB) owned brands that could be counted on two hands 20 years ago, and four of them were Castle: Lager, Draught, Lite and Milk Stout. The other big brands were Carling Black Label and Hansa, BDLive reported on April 7.
The previously iconic Lion Lager was slowly being squeezed to death, there were labels of little consequence and some licence agreements.
Founded in 1895, SAB took a commanding grip on the domestic beer market and saw off many aspirant interlopers through ruthless attention to detail, costs and distribution channels. Marketing was largely irrelevant.
In the ’70s and ’80s, SAB chairman Frans Cronje and CEO Dick Goss were two of the most influential business leaders in SA. The beer division was larger than most of SAB’s other businesses, but an integral part of the Byzantine financial structures created when most doors around the world were closed to South African business.
In 1994, democracy arrived and new opportunities, the global stage and there was a need to recalibrate quickly. Graham Mackay was installed as SAB group MD, former investment banker Malcolm Wyman became financial director and long-serving chairman Meyer Kahn, more a retailer than a beer man, made up the top team. Norman
...More info on site
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South Korea: Tsingtao becomes South Korea’s No. 1 import beer brand
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The Chinese beer Tsingtao has emerged as the No. 1 import brand in South Korea at a leading supermarket chain amid the rising popularity of Chinese cuisine in the country, industry data showed on April 8.
According to the data compiled by E-Mart, Tsingtao outpaced other rivals in sales over the January-March period, pushing out traditional leaders, including the Netherlands' Heineken and Japan's Asahi.
In 2014, Heineken stood as the No. 1 player, trailed by Asahi and Belgium's Martens. At that time, Tsingtao was the fourth player.
"The rising popularity of Chinese food, including roasted lamb on skewers, helped Tsingtao gain further ground in South Korea," an E-Mart official said.
It marked the first time for the Chinese beer to take the throne since reaching the South Korean market in 2000.
Industry watchers also said restaurants that serve Chinese-style roasted lamb, which used to operate only in local Chinatowns, are expanding to other areas to reach a wider number of South Koreans. The trend eventually led to more consumers eyeing exotic beer, they added.
Separate data compiled by the state-run Korea Agro-Fisheries & Food Trade Corporation showed imports of Chinese beer brands in 2015 came to 11,490 tons, up 70.6 percent from a year earlier.
The amount,
...More info on site
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Russia: Russian Communist Party wants to copyright the red star used by Heineken among others
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Russian Communist Party officials have launched a revolution over their beloved red star — seeking to copyright the five-pointed proletariat symbol so that Macy’s and Heineken can’t use it, New York Post reported on April 7.
“Sometimes, our symbols are used for commercial purposes, and the state must protect state symbols from commercial use by foreign firms,” said Vadim Solovyov, the party’s chief lawyer, the Moscow Times reported.
Foreigners “have nothing to do with our symbolism,” he added.
Solovyov said his comrades would appeal to Prime Minister Dmitry Medvedev to ensure “protection of our symbols, including the red star — the symbol of victory that appears on our military flags.”
Red stars are featured in the logos of several prominent Western companies, including Macy’s, Heineken beer and Italy’s San Pellegrino mineral water.
Most of the firms predate the Communist Party, an inconvenient fact that leaves the Russians unmoved.
Solovyov said Russian companies can use the red stars — but only if they do not “intentionally distort [it] or use in an incorrect form.” But he did not specify what would constitute the correct or incorrect use of a red-star logo.
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