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E-Malt.com Flash 45b November 10 - November 13, 2016
Quote of the Week
Everything you've ever wanted is on the other side of fear.
George Addair
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Currency Rates
Base Currency: Euro on November 11, 2016 |
Base Currency: US Dollar on November 11, 2016 |
|
1 EUR = 1.0895 USD
1 EUR = 0.8779 GBP
1 EUR = 1.4689 CAD
1 EUR = 1.4336 AUD
1 EUR = 116.4000 JPY
1 EUR = 3.5815 BRL
1 EUR = 69.3392 RUB
1 EUR = 7.4065 CNY
|
|
1 USD = 0.9165 EUR
1 USD = 0.8033 GBP
1 USD = 1.3434 CAD
1 USD = 1.3065 AUD
1 USD = 106.0800 JPY
1 USD = 3.2828 BRL
1 USD = 63.4161 RUB
1 USD = 6.7935 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
November 11, 2016 |
French Barley/Malt Crop 2016 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
184.50-186.50 | |
6RW Malting Barley (FOB Creil) |
162.00-164.00 | |
2RS Malt (FOB Antwerp) |
381.50-383.50 | |
6RW Malt (FOB Antwerp) |
354.00-356.00 | |
Feed Barley (FOB Creil) |
132.00-134.00 | |
French Barley/Malt Crop 2017 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
187.50-189.50 | |
6RW Malting Barley (FOB Creil) |
163.00-165.00 | |
2RS Malt (FOB Antwerp) |
383.50-385.50 | |
6RW Malt (FOB Antwerp) |
353.50-355.50 | |
Feed Barley (FOB Creil) |
nq | |
German Malting Barley Crop 2016 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
173.50-175.50 | 0.26% |
Danish Malting Barley Crop 2016 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,179.00-1,181.00 | |
Malting Barley (West) |
1,179.00-1,181.00 | |
Danish Malting Barley Crop 2017 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,229.00-1,231.00 | |
Malting Barley (West) |
1,229.00-1,231.00 | |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
The Philippines: San Miguel Corp.’s beer unit posts 22% increase in January-September this year
...Click here
|
India: Carlsberg’s Indian volumes jump 20% in July-September
...Click here
|
Zimbabwe: Delta Corporation’s revenue for the half-year to September 30 declines 8%
...Click here
|
World: AB InBev left out of European markets’ “Trump rally”
...Click here
|
EU: Poland's state-run insurer PZU not interested in AB InBev’s beer brands
...Click here
|
USA & Mexico: Mexican beer stock feeling impact of US elections
...Click here
|
The Philippines: Craft beer maker Palaweño Brewery set on expansion next year
...Click here
|
Graph of the week
Table of the week
German Hop Production in 2013-2016s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HOW MEANINGFUL ARE IBU VALUES?
ABSTRACT
US researchers looked into several parameters
that can influence IBU values such as pH, ABV, alpha
acid addition and dry hopping in general. In a pH range
from 4.1 to 4.9 they found that below a pH of 4.35
bitterness is perceived less intensely and described with
sour and astringent. Above 4.35 bitterness is perceived
more intensely and described being lingering. It was also
found that dry hopping actually reduces the perceived
bitterness while increasing the tested IBU values.
Driesner K.: The IBU, pH, Dry Hopping, ABV and perceived bitterness
Read more
Source: Barth Innovations
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These Days in Business History
10 November
1544 - Antwerps painter John Matsys banished
1891 - Granville T. Woods patents electric railway
1951 - 1st long distance telephone call without operator assistance
1997 - WorldCom and MCI Communications announce a $37 billion merger (the largest merger in US history at the time)
11 November
1493 - Columbus discovers Saba
1925 - Robert Millikan announces discovery of cosmic rays
1988 - Oldest known insect fossils (390 million years) reported in Science
1993 - Bill Gates buys Leonardo da Vinci's "Codex" for $30,800,000
12 November
1765 - Robert Fulton is born. He invents the world's first practical steamboat in 1807, and for the first time humans can safely travel substantial distances without relying on animals or wind
13 November
1851 - Telegraph connection between London-Paris linked
1893 - Edward A Doisy Sr is born, U.S. bio-chemist, Vitamin K1, Nobel 1943
1910 - 1st modern elastic brassiere patented by Mary Phelps Jacob
Agenda
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)
16-19: Beer 2017 (Sochi, Russia)
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
Brewery News
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The Philippines: San Miguel Corp.’s beer unit posts 22% increase in January-September this year
|
Conglomerate San Miguel Corp. (SMC) booked a 54-percent year-on-year growth in core net profit to P31.1 billion at the end of September, bolstered by
...More info on site
|
India: Carlsberg’s Indian volumes jump 20% in July-September
|
Danish brewer Carlsberg saw volume sales jump 20 per cent in India on the back of rising demand for its strong beer brands even
...More info on site
|
Zimbabwe: Delta Corporation’s revenue for the half-year to September 30 declines 8%
|
Delta Corporation’s revenue for the half-year to September 30, 2016 was 8 percent down at $246.6 million compared to the prior year as the
...More info on site
|
World: AB InBev left out of European markets’ “Trump rally”
|
AB InBev has been left out of European markets' "Trump rally," as investor worry about the mega-brewer's exposure to the U.S. and Mexican markets, but some analysts have argued the concern is overdone, TheStreet reported on November 10.
Multi-national consumer stocks have performed below market benchmarks since Donald Trump's surprise victory amid bets the President-Elect's tough stance on trade agreements and a possible repeal of NAFTA could make life more difficult for international companies.
AB InBev lost 1.41% on November 10 to within a €1 distance of its 52-week low of €99.96 each, even as broader European markets rallied. Shares in the company have lost more than 11% since the beginning of 2016 as it completed its $100 million acquisition of SABMiller.
Investors have questioned whether AB InBev, which owns Mexico's leading brewer - Corona-maker Grupo Modelo - and controls 63% of the country's beer market, will suffer from a slowdown in the North American economy as a result of potentially frosty relations with the next U.S. President.
Analysts at London-based Liberum, however, argue that concern might be over-exaggerated, noting that Mexico has shrunk to just 7% of AB InBev's group sales since the SABMiller takeover.
The Mexican peso stabilized on November 9,
...More info on site
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EU: Poland's state-run insurer PZU not interested in AB InBev’s beer brands
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Poland's state-run insurer PZU is not interested in buying a group of beer brands being sold by Anheuser-Busch InBev, which include Pilsner Urquell in the Czech Republic and Tyskie and Lech in Poland, PZU's CEO said on November 10.
"We do not intend to invest equity in this sector. We do not aim to be a shareholder in beer assets, as we focus on our core business," Michal Krupinski told a news conference.
At least six indicative offers have been submitted by industry players and buyout funds for the Anheuser-Busch InBev beer brands in central and Eastern Europe, sources said on November 8. Polish juice maker Maspex Wadowice Group, Hungary's MOL and and PZU submitted a joint offer, the sources said.
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USA & Mexico: Mexican beer stock feeling impact of US elections
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Mexico played a big role in Donald Trump’s bid for the Presidency of the United States. One of Trump’s earliest and most popular schemes involved building a wall between the U.S. and Mexico to curb illegal immigration, and he promised to make Mexico pay for it. But it wasn’t just Trump’s voters who were paying attention to his plans. The stock of Constellation Brands, which imports Corona and other Mexican beers into the United States, was tightly correlated with the US race for the presidency. When the FBI recently decided to look at more of Hillary Clinton’s emails, Constellation’s stock dropped. When FBI Director James Comey announced no charges would be brought, it climbed right back up, surging with the promise of a Clinton presidency, VinePair reported on November 11.
These trends were actually fairly consistent with the markets overall. But things changed the day after Trump won the election. While U.S. markets rallied to record closing highs on November 9th, Constellation saw its stock collapse, closing down nearly 8%, off of even deeper lows.
It would be an ironic twist, since Mexican beer has been enjoying intense popularity in the U.S. in recent years. In 2015, Corona was the most popular
...More info on site
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The Philippines: Craft beer maker Palaweño Brewery set on expansion next year
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As the craft beer industry in the Philippines begins to grow, the first and only brewery of artisanal beer in Palawan is set to share its taste of success to more Filipinos through expansion, the Manila Bulletin reported on November 11.
Palaweño Brewery is a small, wooden brewery and taphouse that makes 300 cases of craft beer a month. It serves craft beer of all sorts—American amber ale, Belgian wheat beer, German Honey Kolsch to name a few.
The brewery’s part-owner, Ayah Javier, said that it’s only open from 1:00 p.m. and closes at 9:00 p.m. to give way to bars, restaurants and hotels that carry their beer.
Javier said that the place is frequented by more foreign tourists than local tourists, perhaps because that although the craft beer industry is slowly growing, it is still relatively new to Filipinos.
“When we started, there were only five (craft beer breweries) now, there are 33,” Javier said.
“We’re in the works for expanding,” she said, clarifying that this did not mean branching out but rather increasing its production rate from 300 cases of beer to 1,200 cases by March 2017.
She also hopes to be able to distribute their craft beer in more establishments and cities. Their
...More info on site
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