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E-Malt.com Flash 17a
April 25 - April 27, 2016
Quote of the Week
You must not lose faith in humanity. Humanity is an ocean; if a few drops of the ocean are dirty, the ocean does not become dirty.
Mahatma Gandhi
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Currency Rates
Base Currency: Euro
on April 27, 2016 |
Base Currency: US Dollar
on April 27, 2016 |
| |
1 EUR = 1.1287 USD
1 EUR = 0.7748 GBP
1 EUR = 1.4276 CAD
1 EUR = 1.4600 AUD
1 EUR = 125.4500 JPY
1 EUR = 3.9943 BRL
1 EUR = 74.9024 RUB
1 EUR = 7.3345 CNY
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|
1 USD = 0.8862 EUR
1 USD = 0.6877 GBP
1 USD = 1.2650 CAD
1 USD = 1.2938 AUD
1 USD = 111.0800 JPY
1 USD = 3.5408 BRL
1 USD = 66.4559 RUB
1 USD = 6.4925 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 27, 2016 |
| Type |
Crop 2015 |
Crop 2016 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
155.00-157.00 |  0.65% |
176.00-178.00 |  0.56% |
| 6rw Barley |
142.00-144.00 | 0.69% |
152.00-154.00 | 0.65% |
| 2rs Malt |
343.50-345.50 | 0.36% |
366.00-368.00 | 0.33% |
| 6rw Malt |
327.50-329.50 | 0.37% |
336.50-338.50 | 0.36% |
| Feed Barley |
131.00-133.00 | 2.22% |
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.
China: Tsingtao Brewery’s Q1 net profit falls short of market consensus
...Click here
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World: AB InBev looking to expand in low-alcohol and craft categories
...Click here
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Ukraine: Beer output up in January-March and in March alone
...Click here
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Switzerland: Number of breweries soars to 667 this year
...Click here
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EU: Domestic barley sales reported as small in March
...Click here
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World: Grain production expected to decrease in 2015/16 and 2016/17
...Click here
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Nigeria: Despite economy problems Nigerians consume more beer than last year
...Click here
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UK: AB InBev’s Camden Town Brewery to add second production facility in London
...Click here
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New Zealand: Craft beer market share is now 13% in New Zealand, research shows
...Click here
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Kazakhstan: Barley exports reach almost 750 thousand tonnes in the first half of 2015/16 MY
...Click here
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Uganda: Thing not moving on too well for Nile Breweries Ltd.
...Click here
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Ireland: Heineken to launch Heineken Light beer in Ireland
...Click here
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Ghana: Guinness Ghana launches Guinness Africa Special beer
...Click here
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India: UK-brewed craft beer Witlinger aiming for 30% share of premium imported beer market
...Click here
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Graph of the week
Table of the week
EU Barley Malt Export
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
25 April
1905 - World's largest diamond, Cullinan - 3106 carets, found in South Africa
1931 - Pynchon & Co., one of the Wall Street's largest and most prestigious brokerage firms, goes bust, with $40 million in liabilities -- the biggest failure of a brokerage yet on record
1955 - Columbia U scientists develope an atomic clock accurate to within one second in 300 years
26 April
1755 - 1st Russian university opens (Moscow)
1887 - Huntsville Electric Co forms to sell electricity
1904 - Bell Telephone Company of Antwerp Belgium forms
1970 - The Convention Establishing the World Intellectual Property Organization enters into force
27 April
1914 - W. H. Carrier patents air conditioner
1925 - Netherlands and Great Britain return to gold standard
1981 - Xerox PARC introduces the computer mouse
2005 - Airbus A380 makes its first flight from Toulouse, France
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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Brewery News
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China: Tsingtao Brewery’s Q1 net profit falls short of market consensus
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Goldman Sachs stated in a report on April 25 that Tsingtao Brewery's 1Q net profit beat its estimates, yet fell short of market consensus.
...More info on site
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World: AB InBev looking to expand in low-alcohol and craft categories
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Even as it prepares to gulp down SABMiller in the mother of all beer deals, Budweiser maker Anheuser-Busch InBev is looking to expand in
...More info on site
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Ukraine: Beer output up in January-March and in March alone
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Ukraine’s brewers produced a total of 1.62 mln hl of beer in March 2016 – an increase of 3.5% as compared to March 2015,
...More info on site
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Switzerland: Number of breweries soars to 667 this year
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Over the last three years, 257 new breweries have opened in Switzerland, Arcinfo reported on April 22.
Today the country is home to 667 breweries
...More info on site
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Nigeria: Despite economy problems Nigerians consume more beer than last year
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Nigeria’s economy has been battered in the last six months as the country reels from the effects of low oil prices and a currency slide. Nigerians are feeling the brunt as jobs have been cut and businesses closed down. To make matters worse, the country, Africa’s largest oil producer, is also in the grip of one of its worst fuel scarcity and power shortage difficulties, Quartz reported on April 24.
Yet, despite all this, first quarter results from Heineken show Nigerians are consuming more beer than at the same time last year despite the harsh times.
The Dutch brewery announced that organic consolidated beer volume grew 4.6% across the Africa, Middle East, Eastern Europe regions with Nigeria being a major driver of that growth. In its statement, Heineken says excluding Nigeria, volume would have been down for the region.
Heineken faced stiffer realities in other parts of the region as it said “both affordability and lower tourism” are “continuing to impact performance” but thanks to its performance in the Nigerian market, consolidated beer volume is up from first quarter a year ago.
Despite increased consumption, Heineken still faces challenges in Nigeria. The world’s third largest brewery says “underlying trading conditions remain tough” amid a
...More info on site
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UK: AB InBev’s Camden Town Brewery to add second production facility in London
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Anheuser-Busch InBev's recent UK acquisition Camden Town Brewery is to expand production to a second north London site.
The UK brewer said earlier this week that it has signed a lease on a new facility in Enfield that, when completed early next year, will bring all of its production in-house. Camden, which AB InBev agreed to buy four months ago, has a production site at its headquarters in the Camden borough of London, and outsources some brewing to Belgium.
The new 57,000-square-foot brewery will employ up to 70 people over the next two years, Camden said.
"The exciting events of last year have given us a great opportunity to transform Camden Town Brewery from an outstanding London brewery to a world famous one," said founder Jasper Cuppaidge. "With the support of AB InBev and this new addition to our family, Enfield will not only keep all our brewing close to home in North London, but also enable us to make more great beers."
AB InBev agreed to pay a reported GBP85 mln (US$124 mln) for Camden Town Brewery in December. At the time, the company said plans included a second brewery to keep up with demand.
Last week, AB InBev said it would take full
...More info on site
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New Zealand: Craft beer market share is now 13% in New Zealand, research shows
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ANZ research into craft brewing has found that niche craft beer market is the fastest growing category of beer, while mainstream beer consumption has fallen in New Zealand, stuff.co.nz reported on April 24.
Craft beer's market share has grown from nine per cent in 2013 to 13 per cent of all beers sold today, and the number of craft brewers has doubled in the last five years.
With all this growth, it's unsurprising that more than a third of Kiwi craft beer brewers are exporting their brews, and a further 30 per cent have ambitions to enter the export scene within two years.
Three are more than 100 craft breweries currently operating in New Zealand.
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Ireland: Heineken to launch Heineken Light beer in Ireland
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The Dutch brewing giant Heineken has picked Ireland as the first European country for the roll-out of Heineken Light - the latest addition to its stable of beers, which includes Murphy's, Beamish, Orchard Thieves, Desperados, Tiger, Coors Light, and Fosters, Irish Independent reported on April 24.
With a lower alcohol content than its stronger namesake, Heineken Light is already on sale in the US and the company intends to roll it out to the rest of European marketing over the coming months, while the Irish roll-out to pubs and off-licences will take place over the coming weeks.
This is Heineken Ireland's second major product launch in the space of a year. In 2015, the company launched the Orchard Thieves brand in the Irish market, pitting it against established cider brands like Bulmers.
The draught version of Heineken Light will be brewed at Heineken's brewery in Cork, where it employs 450 staff, while the bottled version will be imported from Holland.
According to Sharon Walsh, marketing director of Heineken Ireland: "Heineken Light is another exciting innovation for us, coming on the back of our successful entry into the cider market with Orchard Thieves.
"We are proud for Ireland to be leading the charge in Europe and
...More info on site
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Uganda: Thing not moving on too well for Nile Breweries Ltd.
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When it embarked on building a beer plant in Mbarara in 2012, Nile Breweries counted much of its fortune within the region's demand for beer. But the change in the political and economic environment has left top company officials scratching their heads for a solution, writes ALON MWESIGWA.
Things have not been moving on well for beer maker Nile Breweries Limited. The company faces a number of challenges across the region - high import taxes, for instance, according to company officials.
Speaking to journalists last week at the company's headquarters in Luzira, managing director Greg Metcalf said the market in the Democratic Republic of Congo and Tanzania were not flourishing because of the imposed import taxes.
"There was a little bit of disappointment when we built the Mbarara plant. We had in mind that we would be able to export to DRC but they imposed import tax on beer," said Metcalf. The Mbarara plant cost $90.6 million.
He added that beer sales first dropped by close to 20 per cent but now it is around five per cent. DRC introduced excise duty on soft drinks and beer in 2014 to the tune of 30 per cent. This led to an increase in beer prices,
...More info on site
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Ghana: Guinness Ghana launches Guinness Africa Special beer
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One of Ghana's top beverages makers has introduced a fresh home-grown beverage made of blended indigenous African herbs and spices, The Africa Report said on April 25.
Guinness Ghana Breweries said the beverage had been developed for both local and international markets.
The Guinness Africa Special brand is infused with local herbs including lemon grass, vanilla, cola nut, cayenne pepper and ginger to give exclusive and lip smacking original African flavour consumers.
"This is our own, this black brew is made from herb and spices grown in our soil, giving it a vibrant refreshing taste that is alive with the spirit of Africa," Guiness marketing manager Kweku Skyi-Cann said.
The beverage is made up of 70% sorghum sourced locally from Northern Ghana. Guinness' strategy is said to have enriched about 7000 farmers in communities where the materials are sourced, particularly in poverty stricken northern Ghana.
"As an iconic business, we are proud to set the pace, that is, why we are always innovating to meet the ever dynamic needs of our cherished consumers, this is our gift to Africa."
Company officials say the 'ground-breaking' product was developed by a group of young Africans who were assembled and asked to rouse the taste, look and branding of
...More info on site
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India: UK-brewed craft beer Witlinger aiming for 30% share of premium imported beer market
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Liquor firm Kaama Impex is aiming for 30 per cent market share in the premium imported beer segment in the next two years through its UK-brewed craft beer Witlinger, ETRetail.com reported on April 23.
The company, which has rights of several global beer brands in India, including Sol and Magners, on April 23 launched retail sales of Witlinger.
"This year, we are targeting to sell around 1.5 lakh cases. In 2017, we are expecting it to be around five lakh cases and capture 30 per cent market share in the premium imported beer segment," Kaama Impex Managing Director and founder Anuj Kushwah said.
The company was selling Witlinger beer in India from April 2014 in drafts, which was available only at selected places, and has now decided to go for retail sales after getting positive feedback from customers.
"The brand was accepted by the people and we have decided to take it further and get it in packaged format to target the retail consumption," he said.
Presently, the premium beer market in India is about 3.2 million cases, out of which 1.7-1.8 million cases are imported beer. The premium segment is growing in double digits, Kushwah added.
Witlinger has been launched in two variants - Witlinger
...More info on site
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Barley News
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EU: Domestic barley sales reported as small in March
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The EU’s domestic trading activities were disappointingly small, in both feed and malting barley last month, H. M. Gauger GmbH said in their April
...More info on site
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World: Grain production expected to decrease in 2015/16 and 2016/17
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World grain production is estimated at 2.042 bln tonnes in 2014/15, and forecast at 2.006 bln and 1.997 bln tonnes in 2015/16 and 2016/17,
...More info on site
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Kazakhstan: Barley exports reach almost 750 thousand tonnes in the first half of 2015/16 MY
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Over the first half of the season, Kazakhstan exported nearly 750 thousand tonnes of barley, which was 100% more than during the same period last season and nearly 60% more than all barley exports in 2014/15 MY, Black Sea Grain reported on April 25.
During the reporting period, Iran imported 78% more barley from Kazakhstan than in all last season (714.8 thousand tonnes compared to 402 thousand tonnes in 2014/15 MY).
The USA bought 9.5 thousand tonnes of Kazakh barley in February 2016, it is reported.
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