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Flash Summary
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E-Malt.com Flash 42a
October 17 - October 19, 2016
Quote of the Week
Live as if you were to die tomorrow. Learn as if you were to live forever.
Mahatma Gandhi
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Currency Rates
Base Currency: Euro
on October 19, 2016 |
Base Currency: US Dollar
on October 19, 2016 |
| |
1 EUR = 1.0993 USD
1 EUR = 0.8957 GBP
1 EUR = 1.4382 CAD
1 EUR = 1.4332 AUD
1 EUR = 114.3700 JPY
1 EUR = 3.5073 BRL
1 EUR = 69.2608 RUB
1 EUR = 7.4060 CNY
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1 USD = 0.9088 EUR
1 USD = 0.8158 GBP
1 USD = 1.3097 CAD
1 USD = 1.3043 AUD
1 USD = 103.9000 JPY
1 USD = 3.1944 BRL
1 USD = 62.8900 RUB
1 USD = 6.7374 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 19, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
180.50-182.50 |  0.55% |
| 6RW Malting Barley (FOB Creil) |
164.00-166.00 |  1.20% |
| 2RS Malt (FOB Antwerp) |
376.00-378.00 | 0.33% |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | 0.68% |
| Feed Barley (FOB Creil) |
132.00-134.00 | 0.76% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
185.50-187.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
164.00-166.00 | 1.20% |
| 2RS Malt (FOB Antwerp) |
381.00-383.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
355.00-357.00 | 0.69% |
| Feed Barley (FOB Creil) |
nq | |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,189.00-1,191.00 | 3.48% |
| Malting Barley (West) |
1,189.00-1,191.00 | 3.48% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,219.00-1,221.00 | 2.52% |
| Malting Barley (West) |
1,219.00-1,221.00 | 2.52% |
 No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Japan & Vietnam: Asahi, Kirin considering bidding for Sabeco
...Click here
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Zimbabwe: Delta Corporation continues to reel under worsening economic conditions
...Click here
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World: Malting barley supplies are tight and much depends on crops in Australia and Argentina this year
...Click here
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World: Barley production, trade, consumption forecasts reduced by USDA this month
...Click here
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Canada: Barley production estimate revised downwards, local industry and export trade not overly impressed by crop deterioration
...Click here
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South America: Argentina’s malting barley crop seems to be insufficient to satisfy Brazil’s and South American Pacific Coast countries’ needs
...Click here
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UK: Barley output this year may be the lowest since 2012
...Click here
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Brazil: Grupo Petrópolis changes to positive its sales forecast for this year
...Click here
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Vietnam: Habeco allowed to list on the Unlisted Public Company Market and trade 231.8 mln shares
...Click here
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Graph of the week
Table of the week
Canada Barley Supply and Disposition as of October 2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
BITTERNESS QUESTIONS
IN DRY HOPPED BEERS
ABSTRACT
A German research team looked into the bitterness
of dry hopped beers. They found that dry hopping
causes an increase in IBUs, alpha acids and
humulinones, and conversely a reduction of iso-alpha
acids. In addition, the correlation between measured
IBUs and sensory bitterness was rather poor. And
although a degradation of alpha acids and humulinones
was observed during storage, the sensory bitterness of
the beer was found to be almost unchanged. So there
are still a lot of questions to be answered about the
bitterness of dry hopped beers.
Mitter, W.: Bitterness assessment in dry hopped beers based on sensory tests and analyses
Read more
Source: Barth Innovations
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These Days in Business History
17 October
1929 - Radio Corporation of America is formed by General Electric Co. lawyer Owen D. Young
1977 - Mother Teresa of India awarded Nobel Peace Prize
1987 - Phillip Morris announces $11 billion tender offer for Kraft
18 October
1878 - Edison makes electricity available for household usage
1954 - Texas Instruments announces the first Transistor radio
1972 - American Congress authorizes bi-centennial quarter, half-dollar & dollar coin
1973 - Nobel Prize for economy awarded to Wassily Leontief
19 October
1819 - Joseph C Juglar is born, French physician/economist, Crises Commerciales
1987 - Wall Street takes its worst plunge of the modern era, as the Dow loses 508 points, or 22.6% (the worst daily loss on record), to close at 1738.74
1988 - Friedrich Weinreb, Polish/Neth theologist/economist, dies at 77
Agenda
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)
February 2017:
01-03: Finest Spirits 2017 (Munich, Germany)
04-05: Bruges Beer Festival 2017 (Bruges, Belgium)
10-12: Brau Kunst Live 2017 (Munich, Germany)
10-13: HoReCa 2017 (Athens, Greece)
17-19: Mondial de la Biere 2017 (Mulhouse, France)
18-21: Beer Attraction 2017 (Rimini, Italy)
22-25: CAMRA's National Winter Ales Festival 2017 (Norwich, UK)
23-25: Alltech Craft Brews & Food Fair 2017 (Dublin, Ireland)
28-02 March: Beviale Moscow 2017 (Moscow, Russia)
March 2017:
08-10: Expo Antad & Alimentaria Mexico 2017 (Mexico City, Mexico)
16-18: BeerX 2017 (Sheffield, UK)
24-26: Barcelona Beer Festival 2017 (Barcelona, Spain)
April 2017:
07-08: Helsinki Beer Festival 2017 (Helsinki , Finland)
10-13: Craft Brewers Conference & BrewExpo America 2017 (Washington, D.C., USA)
12-14: Siberian Beer 2017 (Novosibirsk, Russia)
22-23: Zythos Beer Festival 2017 (Leuven, Belgium)
May 2017:
14-18: EBC 2017 (Ljubljana, Slovenia)
25-27: South Beer Cup 2017 (Buenos Aires, Argentina)
June 2017:
06-07: Brewing Equipment and Technology 2017 (Birmingham, UK)
14-18: Mondial de la Biere 2017 (Montreal, Canada)
More events are available on site e-malt.com
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Brewery News
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Japan & Vietnam: Asahi, Kirin considering bidding for Sabeco
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Japan's Asahi Group Holdings and Kirin Holdings are considering bidding for shares of Vietnamese state-owned brewer Saigon Beer Alcohol Beverage, in an auction that
...More info on site
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Zimbabwe: Delta Corporation continues to reel under worsening economic conditions
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SABMiller’s associate unit in Zimbabwe, Delta Corporation, continues to reel under worsening economic conditions in the country, with a dollar crunch and weak consumer spending patterns forcing downwards lager beer volumes for the quarter period to the end of September, Independent Online reported on October 18.
Delta will become a unit of an enlarged entity following the merger of SABMiller and Anheuser-Busch InBev. The deal is expected to be finalised this month and the Zimbabwean unit has said that it does not anticipate any material changes from the amalgamation.
It has, however, reeled under the heavy saddle of Zimbabwe’s economy, which has been worsened by a biting cash crunch that is disrupting operations and curbing consumer spending power.
The difficult economy in Zimbabwe has also occasioned a shift in alcohol consumption patterns, with experts saying consumers are now trending their options downwards.
Cash shortages in Zimbabwe have also forced Delta to delay the commissioning of two new plants in Kwekwe and Masvingo as outbound remittances from Zimbabwe take longer to effect.
The company now anticipates that the new plants will start contributing to production before the end of this year.
“The shortages of foreign currency resulted in reduced importation of consumer goods leading to an increase
...More info on site
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Brazil: Grupo Petrópolis changes to positive its sales forecast for this year
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Grupo Petrópolis, Brazil’s second-largest brewery, has changed its forecast of a decline in sales this year to a single-digit growth thanks to inspiring sales results in the north-east of the country, Reuters reported on October 14.
The company, which is trying to expand its presence across the country by 2020, now expects this year’s sales to grow by 2-3%.
Grupo Petrópolis’ market share last year was 12.94% and reached 14.1% in September this year.
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Vietnam: Habeco allowed to list on the Unlisted Public Company Market and trade 231.8 mln shares
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Giving into the government’s urging, Vietnam’s two leading beer producers Hanoi Beer, Alcohol and Beverage JSC (Habeco) and Saigon Beer, Alcohol and Beverage JSC (Sabeco) have both registered to list their shares on stock exchanges and received approval.
On October 17, the Hanoi Stock Exchange (HNX) allowed Habeco to list on the Unlisted Public Company Market (UPCoM), VietNamNet Bridge reported on October 19.
Habeco, to be coded as BHN on UPCoM, will trade 231.8 million shares.
The fist transaction day and the starting share price will be published in the upcoming days.
In another move, on September 26, the Ministry of Industry and Trade (MoIT) approved Sabeco’s proposal to list on the Ho Chi Minh Stock Exchange (HoSE).
Sabeco will have 12 weeks from September 26 to complete its listing on HoSE. Deputy Minister of Industry and Trade Do Thang Hai said at the government’s regular press conference on August 31 that the state plans to complete the divestment from Sabeco and Habeco within 16 months.
Hai said that the MoIT had directed the two companies to list their shares on the stock exchanges and draw up their divestment schedules, identifying stages and deadlines.
Hai said that domestic and foreign investors alike can buy the shares. The
...More info on site
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Barley News
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World: Malting barley supplies are tight and much depends on crops in Australia and Argentina this year
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Malting barley supplies are tight. An export surplus of the EU does not exist (on paper), South America looks short. Much depends on the
...More info on site
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World: Barley production, trade, consumption forecasts reduced by USDA this month
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EU barley export forecast for 2016/17 is cut 300,000 tonnes to 6.2 million on smaller crop, USDA said in its October report.
Russian barley export
...More info on site
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Canada: Barley production estimate revised downwards, local industry and export trade not overly impressed by crop deterioration
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Statistic Canada estimates the barley production at 8.4 mln tonnes vs. 7.16 mln tonnes last year.
According to H. M. Gauger GmbH, the crop
...More info on site
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South America: Argentina’s malting barley crop seems to be insufficient to satisfy Brazil’s and South American Pacific Coast countries’ needs
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The latest crop estimates in Argentina are 2.6 – 2.8 mln tonnes of barley, but the selection of malting barley is still unknown. The
...More info on site
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UK: Barley output this year may be the lowest since 2012
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Defra’s first estimate of 2016 UK barley production at 6.652 mln tonnes is lower than last year and, if realised, will be the lowest
...More info on site
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