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E-Malt.com Flash 27a
July 03 - July 05, 2017
Quote of the Week
I've always believed that paradise will have my favorite beer on tap.
Rudyard Wheatley
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Currency Rates
Base Currency: Euro
on July 05, 2017 |
Base Currency: US Dollar
on July 05, 2017 |
| |
1 EUR = 1.1353 USD
1 EUR = 0.8781 GBP
1 EUR = 1.4730 CAD
1 EUR = 1.4922 AUD
1 EUR = 128.5700 JPY
1 EUR = 3.7503 BRL
1 EUR = 67.2966 RUB
1 EUR = 7.7220 CNY
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|
1 USD = 0.8805 EUR
1 USD = 0.7730 GBP
1 USD = 1.2974 CAD
1 USD = 1.3114 AUD
1 USD = 113.2000 JPY
1 USD = 3.3029 BRL
1 USD = 59.2295 RUB
1 USD = 6.7992 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| July 05, 2017 |
French Barley/Malt
Crop 2016
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
nq | |
| 6RW Malting Barley (FOB Creil) |
nq | |
| 2RS Malt (FOB Antwerp) |
nq | |
| 6RW Malt (FOB Antwerp) |
nq | |
| Feed Barley (FOB Creil) |
nq | |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
183.50-185.50 |  0.54% |
| 6RW Malting Barley (FOB Creil) |
162.00-164.00 |  2.52% |
| 2RS Malt (FOB Antwerp) |
378.50-380.50 | 0.32% |
| 6RW Malt (FOB Antwerp) |
352.50-354.50 | 1.41% |
| Feed Barley (FOB Creil) |
143.00-145.00 | |
German Malting Barley
Crop 2016
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
Danish Malting Barley
Crop 2017
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,314.00-1,316.00 | 2.33% |
| Malting Barley (West) |
1,314.00-1,316.00 | 2.33% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,334.00-1,336.00 | 2.30% |
| Malting Barley (West) |
1,334.00-1,336.00 | 2.30% |
Canadian Barley/Malt
Crop 2016 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
319.00-321.00 |
 |
| 2-Row Malting Barley, bulk in store, Vancouver |
329.00-331.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk in store, Vancouver |
nq |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
|
| Feed Barley, basis Lethbridge |
184.00-186.00 |
|
| Feed Barley, basis Winnipeg |
184.00-186.00 |
|
| Feed Barley, bulk in store, Vancouver |
246.00-248.00 |
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US Barley/Malt
Crop 2016 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
148.00-150.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
| 6-Row Malt, bulk, railcar Minneapolis, Minnesota |
nq |
|
| Feed Barley, basis Great Falls, Montana |
104.00-106.00 |
|
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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.
Australia & Vietnam: CBH Group and Interflour Group unveil 110 thousand tonne malting plant in Vietnam
...Click here
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Australia: Independent brewing up by over tenfold in the decade to 2016
...Click here
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Canada: Molson Coors to invest C$500 mln to build new brewery in Montreal
...Click here
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Nigeria: Guinness Nigeria launches share sale to help lower financial costs
...Click here
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Vietnam: Vietnam welcomes more than a dozen microbreweries over past two years
...Click here
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South Korea: Domestic beers challenging dominance of imported brands
...Click here
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Estonia: Estonian brewers concerned about sped-up increase in excise duty
...Click here
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New Zealand: Lion adds a number of new Australian beers to its portfolio
...Click here
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Nepal: Gorkha Brewery launches new Tuborg Classic beer
...Click here
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Graph of the week
Table of the week
Austria Brewing Industry 1980-2016
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
MORE ABOUT BITTERNESS IN DRY
HOPPED BEERS
ABSTRACT
A German research team developed a method to
quantify nine hop flavonoids in a single HPLC-MS/MS
run. By doing so they discovered that in dry hopped
beer trials, the flavour threshold concentrations for the
bitter components co-multifidol glucoside, quercetin
glucoside, and kaempferol glucoside (1.8, 0.9, and 0.5
mg/L, respectively) were exceeded, meaning that these
compounds may contribute to the bitterness of dry
hopped beers.
Schmidt, Ch: LC-MS/MS analysis of hop flavonoids in dry-hopped beers, P008, EBC
Congress, Slovenia 2017
Source: Barth Innovations
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These Days in Business History
03 July
1790 - In Paris, the marquis of Condorcet proposed granting civil rights to women
1878 - John Wise flew the first dirigible in Lancaster, PA
1886 - 1st New York Tribune printing using 1st commercial linotype machine
1886 - In Germany, Karl Benz drives 1st automobile
1903 - The first cable across the Pacific Ocean was spliced between Honolulu, Midway, Guam and Manila
1928 - 1st color TV broadcast in London (John Logic Baird)
04 July
1776 - The U.S. declared independence from Great Britain
1876 - 1st public exhibition of electric light in SF
1884 - The Statue of Liberty was presented to the United States in Paris
1886 - 1st scheduled transcontinental passenger train reaches Pt Moody, BC
1952 - Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted
1997 - NASA's Pathfinder space probe lands on the surface of Mars
05 July
1643 - 1st recorded tornado in U.S. (Essex County, Massachusetts)
1841 - Thomas Cook opens 1st travel agency
1922 - 1st general election in Netherlands
1948 - The British government adopts the National Health Service Act
1954 - The BBC broadcasts its first television news bulletin
Agenda
July 2017:
08: Beer Boot Camp 2017 (Johannesburg, South Africa)
15: Beer Boot Camp 2017 (Cape Town, South Africa)
26-28: Brasil Brau 2017 (Sao Paulo, Brazil)
August 2017:
04-06: The 21st International Berlin Beer Festival (Berlin, Germany)
08-12: The Great British Beer Festival 2017 (London, UK)
09-12: Vietfood & Beverage 2017 (Ho Chi Minh City, Vietnam)
September 2017:
03-06: 18th Australian Barley Technical Symposium (Hobart, Tasmania)
07-09: Irish Craft Beer Festival 2017 (Dublin, Ireland)
11: International MicroBrew Symposium 2017 (Munich, Germany)
11-15: drinktec 2017 (Munich, Germany)
16-03 October: Oktoberfest (Munich, Germany)
23-24: Whisky Live Paris 2017 (Paris, France)
October 2017:
16-17: 104 VLB October Convention 2017 (Berlin, Germany)
23-25: 8th Ibero-American VLB Symposium 2017 in Guatemala (Guatemala City)
26-28: drink technology India 2017 (New Delhi, India)
November 2017:
22-23: Craft Beer Italy 2017 (Milan, Italy)
More events are available on site e-malt.com
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Malt News
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Australia & Vietnam: CBH Group and Interflour Group unveil 110 thousand tonne malting plant in Vietnam
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A huge 110,000-tonne capacity malt processing plant has been opened in Vietnam, fdfworld reported on July 5.
The CBH Group and Interflour Group have unveiled
...More info on site
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Brewery News
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Australia: Independent brewing up by over tenfold in the decade to 2016
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Australians have never had more choice when it comes to craft beers, with independent brewing growing by over tenfold in the decade to 2016,
...More info on site
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Canada: Molson Coors to invest C$500 mln to build new brewery in Montreal
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A landmark tract of land at the edge of Old Montreal will undergo a transformation after Molson Coors announced plans to spend up to
...More info on site
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Thailand: Beer sales up 10% in May
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In Thailand, beer sales registered a 10% growth in May, the Singapore Business Review reported on July 3.
RHB noted that Thailand's volume of beer sales has registered positive YoY growth of 5% and 10% in April and May, a stark turnaround from the 17% decline year-on-year in October last year after the passing of the late King.
According to RHB, this could mean that beer consumption has already normalised in the country.
"We expect 2H17 to continue to see positive growth in beer volumes. According to management, Thai Beverage (ThaiBev) has maintained its 40% market share in the beer segment as at April 2017. As such, we expect ThaiBev’s beer segment to perform in line with the market," the brokerage firm noted.
On the other hand, whilst there is no market data released on spirits, RHB reckoned that the recovery in beer consumption can also be seen as a proxy for the consumption of spirits.
"We anticipate the decline in spirit volumes to dissipate in 2H17. In addition, we note that agents stock up on spirits inventories in anticipation of a tax hike during January-March 2016, which resulted in strong sales number for ThaiBev in 2Q16. We expect a similar restocking phase by agents
...More info on site
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Nigeria: Guinness Nigeria launches share sale to help lower financial costs
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Guinness Nigeria on July 4 launched a share sale to raise 39.7 billion naira ($126 million) from existing shareholders to help lower its financing costs after reporting its first annual loss in 30 years last year, Reuters said.
The beer maker, the local division of the world's leading spirit maker Diageo, said funds raised will support Guinness in executing its strategy in the face of a recession in Africa's biggest economy.
Guinness plans to issue five new shares to existing shareholders for every 11 held at 58 naira each, a 10.2 percent discount to July the 4th’s market price of 64.57 naira.
"Our expectation is that funds raised will help mitigate the impact of increasing finance costs, optimize our balance sheet and improve the company's financial flexibility," Chief Executive Peter Ndegwa said in a statement.
The company, which is 54 percent owned by Diageo, reported in September last year a pretax loss of 2.35 billion naira for the year ended June 30, its first annual loss in 30 years, triggering the share sale.
Shareholders approved the sale in January. It said it had also received the green light from the Securities and Exchange Commission and the Nigerian Stock Exchange.
Last year Guinness acquired the rights to
...More info on site
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Vietnam: Vietnam welcomes more than a dozen microbreweries over past two years
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A night out drinking in Vietnam used to mean one thing: sipping Bia Hoi, a local draft beer with 3% alcohol content, from a tiny stool on the sidewalk.
But feather-light lagers aren't the only game in town anymore, CNN reported on July 5.
The country's craft beer scene is booming, having welcomed more than a dozen micro-breweries in the past two years.
"The beer culture in Vietnam starts with Bia Hoi," Hao Tran, managing editor of lifestyle website Vietcetera, tells CNN. The craft beer scene that has evolved has done so from people drinking beer in the Old Quarter in Hanoi or Bui Vien Street in Saigon, he says.
"But there's so much more to beer culture in Vietnam now than just that particular image."
Vietnam is one of the biggest beer consumers in Asia drinking 3.8 billion litres a year in 2016, according to Ministry of Industry and Trade.
While stalwart brands such as Tiger, Saigon Beer, and Bia Hoi still account for the lion's share of that consumption, in Ho Chi Minh City alone artisan brewers such as Platinum, Pasteur Street Brewing Co, Winking Seal, Heart of Darkness, and Fuzzy Logic are providing a real alternative, says Tran.
The brands have, for example, introduced
...More info on site
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UK: Carlsberg acquires Fields Brewery in London
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Carlsberg has bought London Fields Brewery, which has been up for sale since its founder was charged with tax fraud, The Guardian reported on July 3.
The beer firm in Hackney, east London, which built a cult following for brews such as Easy IPA and Shoreditch Triangle IPA, is the latest in a string of craft breweries to be bought by a multinational firm, joining AB InBev-owned Camden and Meantime, now owned by Asahi.
But the deal was struck in unique circumstances, with the brewery having been on the market for £1 mln since last year after founder Jules De Vere Whiteway-Wilkinson was charged with several counts of tax fraud, allegations which he denies. Carlsberg did not disclose the value of the takeover.
Whiteway-Wilkinson and wife, Rosemary Spence, appeared in court in January, but a trial was put on hold after three jurors pulled out for personal reasons. Proceedings are scheduled to begin again on July 10.
It is not clear whether Whiteway-Wilkinson will benefit from the sale of the brewery because his businessman father Juan now owns it, according to accounts filed with Companies House.
The brewery enjoyed rapid success with beers such as Hackney Hopster and Love Not War, and it was visited
...More info on site
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South Korea: Domestic beers challenging dominance of imported brands
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South Korea’s domestic beer brands are challenging the dominance of imported beer in the Korean market with new products featuring low prices and light, clean tastes that they hope will stand out against global top brands, the Korea Herald reported on July 4.
Such moves are proving effective, with domestic beer gaining a majority of beer sales in June, at above 50 percent, up from an average of 47.8 percent for the first five months of 2017, according to discount chain E-mart, citing its stores’ statistics.
Standing in the lead are domestic powerhouses Hite Jinro and Lotte Liquor, who respectively released the new brands FiLite and Fitz ahead of the peak season for beer sales.
Launched in April, FiLite sold over 1.2 million cans in just two months, as it created buzz on social media for its low prices and crisp finish. The sparkling liquor is made with 100 percent aroma hops and Korean barley, offering a carbonated alternative to beer.
Fitz, meanwhile, sold 15 million bottles in its first month, approximately six bottles per second, according to Lotte. It is a light lager beer made with a so-called “super yeast” that increases fermentation to reduce lingering aftertaste.
Unlike Fitz, which is sold
...More info on site
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Estonia: Estonian brewers concerned about sped-up increase in excise duty
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Estonian beverage producers Saku Õlletehas and A. le Coq have both expressed concerns about multiple negative effects the sped-up increase in the excise duty on beer and cider, the second hike of which went into effect on July 1, could have, ERR News reported.
"The drastic hike in the excise duty on low-alcohol beverages taking place this and next year will put our activity on the domestic market under serious pressure," Saku Õlletehas board member Jaan Härms told BNS. "It can be expected that already considerable cross-border trade with Latvia will multiply and up to half of internal sales may head for the border."
According to alcohol producers' forecasts, the state will lose a total of €174 million in tax revenue next year due to an increase in cross-border trade, he said. Manufacturers of low-alcohol beverages also said that the increase in excise duty on beer can have a negative impact on people's health, as a price increase may motivate consumers to consume more hard liquor instead. "In this regard, we in Estonia are already currently in a noticeably worse situation compared to the EU average, as opposed to, for example, average beer consumption in Europe," he noted.
Härms said that a hike
...More info on site
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New Zealand: Lion adds a number of new Australian beers to its portfolio
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New Zealand's largest beverage brewer Lion has added a number of new Australian beer and cider brands to its portfolio, the New Zealand Herald reported on July 2.
The Australasian-based company on June 30 said it will undertake the exclusive distribution in New Zealand of AB InBev's Pure Blonde, Fosters, Victoria Bitter, and Crown Lager beers and Scrumpy, Harvest, Bulmers, and Thomas & Rose ciders.
Lion's Managing Director Rory Glass said the addition of the AB InBev brands will increase Lion's share of the beer category in New Zealand by 2 per cent and of the cider category by almost 20 per cent.
"This is a significant addition to our portfolio. These iconic brands will complement the existing Lion beer and cider range and extend Lion NZ's strategic partnership with AB InBev."
AB InBev's Commercial Director for New Zealand & Pacific Richard Goatcher said the deal would be good for the development of both companies.
"We are delighted to have entered into this arrangement with Lion NZ and look forward to continued growth of our brands in New Zealand".
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Nepal: Gorkha Brewery launches new Tuborg Classic beer
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Gorkha Brewery on July 2 said that it has launched 'Tuborg Classic' - Nepal's first premium strong beer with Scottish malts, myRepublica reported.
In a statement, Gorkha Brewery said that it was highly optimistic and confident about keeping up the momentum to be innovative which is expected to be a growth driver in the market. "The launch of Tuborg Classic, Nepal's first premium strong beer with Scottish malts, is an example of that, the company said in the statement.
Tuborg was first introduced in Nepal by Gorkha Brewery Pvt Ltd in 1990 and is the first international brand to be launched in the country.
According to the statement, Tuborg Classic's tagline - Stronger & Smoother - offers a refreshing drinking experience to the beer connoisseurs with imported malts for a stronger and smoother taste.
The company has indicated that a 650ml bottle of Tuborg Classic has 6.5% alcohol content is available for Rs 310.
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