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Flash Summary
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E-Malt.com Flash 43a
October 24 - October 26, 2016
Quote of the Week
If you make an error, use it as a stepping stone to a new idea you might not have otherwise discovered.
Roger von Oech
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Currency Rates
Base Currency: Euro
on October 26, 2016 |
Base Currency: US Dollar
on October 26, 2016 |
| |
1 EUR = 1.0872 USD
1 EUR = 0.8900 GBP
1 EUR = 1.4478 CAD
1 EUR = 1.4229 AUD
1 EUR = 113.6500 JPY
1 EUR = 3.3872 BRL
1 EUR = 67.4958 RUB
1 EUR = 7.3685 CNY
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1 USD = 0.9191 EUR
1 USD = 0.8194 GBP
1 USD = 1.3335 CAD
1 USD = 1.3109 AUD
1 USD = 104.4000 JPY
1 USD = 3.1190 BRL
1 USD = 62.0480 RUB
1 USD = 6.7768 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| October 26, 2016 |
French Barley/Malt
Crop 2016
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
181.50-183.50 |  0.55% |
| 6RW Malting Barley (FOB Creil) |
164.00-166.00 |  |
| 2RS Malt (FOB Antwerp) |
377.50-379.50 | 0.33% |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | |
| Feed Barley (FOB Creil) |
132.00-134.00 |  0.75% |
French Barley/Malt
Crop 2017
Bulk |
| EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
186.50-188.50 | 0.54% |
| 6RW Malting Barley (FOB Creil) |
165.00-167.00 | |
| 2RS Malt (FOB Antwerp) |
382.50-384.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
356.00-358.00 | |
| Feed Barley (FOB Creil) |
nq | |
Danish Malting Barley
Crop 2016
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,179.00-1,181.00 | 0.84% |
| Malting Barley (West) |
1,179.00-1,181.00 | 0.84% |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
| DKK/T |
% |
| Malting Barley (East) |
1,219.00-1,221.00 | |
| Malting Barley (West) |
1,219.00-1,221.00 | |
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No change;
Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Zambia: Zambian Breweries’s malting plant ready for commissioning
...Click here
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Vietnam: Government looking to sell its stake in Sabeco to investors who would further the company’s expansion
...Click here
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Belgium: Number of breweries grows by 86% in just five years
...Click here
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Vietnam: Carlsberg now ranked fourth in Vietnam with a 10.8 percent market share
...Click here
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Russia: Crisis making Russians drink more beer and less vodka
...Click here
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Canada: 2016-17 barley output expected to increase by 4%
...Click here
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Russia & Ukraine & Kazakhstan: Latest estimate puts Russia’s barley crop at 18.5, Ukraine’s at 9.8 mln tonnes this year
...Click here
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World: Heineken to seek a rare fourth four-year term for CEO Jean-François van Boxmeer
...Click here
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South Korea: Market share of imported beers may hit 10% this year
...Click here
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Australia: Unions claim Carlton & United Breweries is facing the prospect of several millions of dollars in losses
...Click here
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Graph of the week
Table of the week
Latin America Beer Production by Country 2005 - 2015s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW MUCH OF MY HOP AROMA
GOES INTO THE LINER?
ABSTRACT
This question was addressed by a German research
group. They compared different crown liner material
with highly hopped beer packaged in bottles. For all
measured hop components, the first 20 days showed
a high absorption curve of these aroma components in
the different liner materials. There was little difference
observed between those liner materials but it was
shown that the hydrocarbon components are especially
susceptible to quick sorption while terpenoids showed
minor migration tendency. Drink your beer before the
liners get all the delicious hop flavours!
Wietstock, P.: Scalping of hop volatiles from beer into crown cork liner polymers
Read more
Source: Barth Innovations
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These Days in Business History
24 October
1836 - A. Phillips patents the match
1857 - World's 1st football club, Sheffield FC, founded in England
2008 - "Bloody Friday" saw many of the world's stock exchanges experience the worst declines in their history, with drops of around 10% in most indices
25 October
1492 - Christopher Columbus and ship Santa Maria land in Dominican Republic
1952 - Tappan sells 1st microwave oven
1960 - 1st electronic wrist watch placed on sale, New York City
26 October
1952 - Chevrolet unveils V-8 engine
1954 - Walt Disney's 1st television program, "Disneyland", premieres on ABC
1956 - U.N.'s International Atomic Energy Agency statute approved
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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Malt News
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Zambia: Zambian Breweries’s malting plant ready for commissioning
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Zambian Breweries’s US$33 million malting plant is now ready for commissioning following the successful testing of its barley acceptance systems at the Lusaka South
...More info on site
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Brewery News
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World: Heineken's Q3 beer sales beat forecasts
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Heineken, now the world's second-largest beer maker, sold more beer than expected in the third quarter and retained its full-year profit margin forecast, although
...More info on site
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Vietnam: Government looking to sell its stake in Sabeco to investors who would further the company’s expansion
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As the world’s largest brewers line up to buy a stake in Vietnam’s largest beer maker, government officials are looking for investors that will
...More info on site
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Belgium: Number of breweries grows by 86% in just five years
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In just five years, the number of breweries in Belgium increased by more than 86%, DH.be reported on October 24.
There are currently 296 breweries in Belgium and this number keeps growing, industry sources said. Last year saw a 15% increase in the number of breweries.
While domestic beer consumption is showing a stable decline, total beer output in Belgium is increasing thanks to a stable export demand, it is reported.
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Vietnam: Carlsberg now ranked fourth in Vietnam with a 10.8 percent market share
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Betting on Vietnam’s high beer consumption, Carlsberg Breweries has acquired almost 11 percent of the local market, which is still dominated by a state-owned
...More info on site
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Russia: Crisis making Russians drink more beer and less vodka
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As the crisis continues, Russians are not only eating less, but they are also drinking less – as far as vodka and other hard
...More info on site
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World: Heineken to seek a rare fourth four-year term for CEO Jean-François van Boxmeer
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Heineken NV, long content as the world’s third-largest brewer, is now a distant No. 2, facing off with suddenly much larger Anheuser-Busch InBev NV
...More info on site
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South Korea: Market share of imported beers may hit 10% this year
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Will the growth of imported beer brands reach the sales of Korean beer brewers? Recent data, which was announced by discount chains and industry sources, shows the answer to this question could be yes, the Korea Times reported on October 24.
NH Investment and Securities said that Hite Jinro's third quarter result will drop 10 percent year-on-year.
The nation's No. 2 brewer was estimated to have 516 billion won ($454 million) in sales and 48 billion won in profit for the third quarter, which is a 2.8 percent rise and 0.4 percent decrease, respectively.
This figure was due to the shift of consumption from Korean beers, which are increasingly being mixed with soju, to imported beers, according to industry officials. More young people in their 20s and 30s enjoy drinking premium alcohol, despite the expense.
According to the Fair Trade Commission, market share of imported beer was 8.4 percent in 2015, but the figure may hit 10 percent this year.
E-mart said its sales of imported beers reached 44 percent of total beer sales, between January and October. If the trend continues, the figure will mark 50 percent, the discount chain said.
One of Korea's leading convenience stores, CU, also said sales of imported beer have
...More info on site
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Australia: Unions claim Carlton & United Breweries is facing the prospect of several millions of dollars in losses
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Beer giant Carlton & United Breweries is facing the prospect of several millions of dollars in losses as it struggles to meet rising demand in the lead-up to Christmas, The Australian Financial Review reported on October 25 citing local unions.
The brewer has so far managed to survive the four-month industrial dispute affecting its Abbotsford plant in Victoria by transporting beer from its Queensland factory and sourcing warehoused stock.
However, the Electrical Trades Union says that stock is coming to an end and there is "no question" CUB will not be able to meet the doubling in alcohol demand for the summer months.
"There is no way, given the loss over the last 18 weeks, that they can match the next six weeks," ETU state secretary Troy Gray said.
"Everyone agrees on that. Even if they went back to the normal levels tomorrow they'd struggle to reach Christmas demands."
About 55 retrenched maintenance workers have picketed the Abbotsford site since July after the company offered them their jobs back on substantially reduced wages and conditions.
The union says the replacement maintenance staff are less experienced and have resulted in longer stoppages to the factory's intense 24-hour, six-day-a-week production schedule.
Reports from workers within the factory say production
...More info on site
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Barley News
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EU: Malting barley prices down in September
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Prices of malting barley came down sharply during September, in line with most other grains, however, premiums are maintained for spring malting vs. feed
...More info on site
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Canada: 2016-17 barley output expected to increase by 4%
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For 2016-17, Canada’s barley production is forecast to increase by 4% to 8.6 million tonnes as near record average yields more than offset lower
...More info on site
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Russia & Ukraine & Kazakhstan: Latest estimate puts Russia’s barley crop at 18.5, Ukraine’s at 9.8 mln tonnes this year
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In their latest report published in September, the IGC estimated Russia’s barley output this year at 18.5 mln tonnes, Ukraine’s at 9.8 mln tonnes,
...More info on site
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