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Flash Summary
Last five Flashes
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E-Malt.com Flash 47b
November 23 - November 26, 2017
Quote of the Week
It's kind of fun to do the impossible.
Walt Disney
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Currency Rates
Base Currency: Euro
on November 24, 2017 |
Base Currency: US Dollar
on November 24, 2017 |
| |
1 EUR = 1.1848 USD
1 EUR = 0.8901 GBP
1 EUR = 1.5024 CAD
1 EUR = 1.5532 AUD
1 EUR = 131.7900 JPY
1 EUR = 3.8403 BRL
1 EUR = 69.1783 RUB
1 EUR = 7.7881 CNY
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|
1 USD = 0.8445 EUR
1 USD = 0.7511 GBP
1 USD = 1.2704 CAD
1 USD = 1.3119 AUD
1 USD = 111.2300 JPY
1 USD = 3.2247 BRL
1 USD = 58.4622 RUB
1 USD = 6.5875 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 24, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
187.50-189.50 |  |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | |
| 2RS Malt (FOB Antwerp) |
385.50-387.50 | |
| 6RW Malt (FOB Antwerp) |
347.00-349.00 | |
| Feed Barley (FOB Creil) |
147.00-149.00 |  0.67% |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.50-190.50 | 0.53% |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | 0.63% |
| 2RS Malt (FOB Antwerp) |
385.00-387.00 | 0.32% |
| 6RW Malt (FOB Antwerp) |
345.00-347.00 | 0.35% |
| Feed Barley (FOB Creil) |
nq | |
German Malting Barley
Crop 2017
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) |
1,254.00-1,256.00 | |
| Malting Barley (West) |
1,254.00-1,256.00 | |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,174.00-1,176.00 | |
| Malting Barley (West) |
1,174.00-1,176.00 | |
Canadian Barley/Malt
Crop 2017 |
CAD/T |
% |
| 2-Row Malting Barley, bulk, truck/railcar, Winnipeg |
294.00-296.00 |
|
| 2-Row Malting Barley, bulk in store, Vancouver |
313.00-315.00 |
|
| 6-Row Malting Barley, bulk, truck/railcar, Winnipeg |
nq |
|
| 2-Row Malt, bulk, truck/railcar, Winnipeg |
561.00-563.00 |
|
| 2-Row Malt, bulk in store, Vancouver |
587.00-589.00 |
|
| 6-Row Malt, bulk, truck/railcar, Winnipeg |
nq |
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| Feed Barley, basis Lethbridge |
214.00-216.00 |
|
| Feed Barley, basis Winnipeg |
214.00-216.00 |
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| Feed Barley, bulk in store, Vancouver |
277.00-279.00 |
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US Barley
Crop 2017 |
USD/T |
% |
| 2-Row Malting Barley, bulk, railcar Great Falls, Montana |
170.00-172.00 |
|
| 6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
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| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
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| Feed Barley, basis Minneapolis, Minnesota |
109.00-111.00 |
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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.
Vietnam: Government kicks off process to find investors in Sabeco
...Click here
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Thailand & Singapore: ThaiBev reports 38.5%increase in full-year profit
...Click here
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Nigeria: AB InBev to spend $250 mln to build new brewery in Nigeria
...Click here
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World: Craft ‘good for us’ as it drives higher Guinness sales - Diageo
...Click here
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Vietnam: Beer industry forum warns against further tax hikes
...Click here
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World: Australian barley crop forecast at up to 8.5 mln tonnes this year
...Click here
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EU: Malting barley market busy on execution and logistics
...Click here
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China: Zhujiang Brewery Co Ltd expecting further expansion of offshore sales
...Click here
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Ukraine: Barley exports could fall 16% in 2017/18 - analysts
...Click here
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China: Asahi Group to begin distributing Pilsner Urquell and Peroni beer in China
...Click here
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Vietnam & Israel: Vietnam’s Saigon beer to be imported in Israel
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
US Hop Imports
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
DO YOU KNOW THE HOP CREEP?
ABSTRACT
Most brewers have seen the after fermentation of
dry hopped beers in the presence of yeast.
This phenomenon is not well understood but documented
in old British literature; the last reference goes back to
1941 where maltase activity was evidenced in dry hopped
casked ales. These U.S. researchers discovered that the
production of fermentable sugars, glucose and maltose in
dry hopped beer in the presence of yeast correlates with
increased temperature and dry hop exposure time. Enzyme
activities were found for amyloglucosidase and alpha and
beta amylases. Despite the low enzyme activites, significant
changes in residual extract, ABV and CO2 production can
occur in dry hopped beers. How should we be surprised?
Everybody likes sweet stuff!
REFERENCES:
Kirkpatrick, K.: Investigating Enzymatic Power of hops, Poster 35
Source: Barth Innovations
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These Days in Business History
23 November
1863 - Patent granted for a process of making color photographs
1936 - 1st issue of Life, picture magazine created by Henry R Luce
1992 - 10,000,000 cellular telephone sold
24 November
1914 - Louis de Raet, Belgian economist/Flemish People Party, dies
1951 - British auto manufacturers Austin/Moris Motors merge
25 November
1867 - Alfred Nobel patents dynamite
1884 - John B Meyenberg of St. Louis patents evaporated milk
26 November
1885 - 1st meteor photograph
1925 - Netherlands and Germany sign trade agreement
1987 - Matsushita purchases the movie and entertainment company MCA Inc. for $6.6 billion
Agenda
November 2017:
11: International MicroBrew Symposium 2017 (Munich, Germany)
22-23: Craft Beer Italy 2017 (Milan, Italy)
January 2018:
26-28: Finest Spirits 2018 (Munich, Germany)
February 2018:
02-04: Brau Kunst Live 2018 (Munich, Germany)
09-12: HoReCa 2018 (Athens, Greece)
17-20: Beer Attraction 2018 (Rimini, Italy)
20-24: Great British Beer Festival Winter 2018 (Norwich, UK)
27-01 March: Beviale Moscow 2018 (Moscow, Russia)
March 2018:
05-07: 105th Brewing and Engineering Conference (Munich, Germany)
06-08: Expo Antad & Alimentaria Mexico 2018 (Mexico City, Mexico)
07-10: Festival Brasileiro de Cerveja 2018 (Blumenau, Brazil)
08-10: Alltech Craft Brews & Food Fair 2018 (Dublin, Ireland)
14-15: BeerX 2018 (Sheffield, UK)
19-22: IBD Asia Pacific Convention 2018 (Wellington, New Zealand)
April 2018:
08-12: International Malting and Brewing Symposium "13th Trends in Brewing" (Ghent, Belgium)
13-14: Helsinki Beer Festival 2018 (Helsinki, Finland)
28-29: Zythos Beer Festival 2018 (Leuven, Belgium)
30-03 May: Craft Brewers Conference & BrewExpo America 2018 (Nashville, USA)
May 2018:
22-24: Beer 2018 (Sochi, Russia)
June 2018:
06-09: Mondial de la Biere 2018 (Montreal, Canada)
29-01 July: Mondial de la Biere 2018 (Paris, France)
August 2018:
03-05: The 22nd International Berlin Beer Festival (Berlin, Germany)
08-11: Vietfood & Beverage 2018 (Ho Chi Minh City, Vietnam)
10-11: Beervana 2018 (Wellington, New Zealand)
12-15: Brewing Summit 2018 (San Diego, USA)
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
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Brewery News
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Vietnam: Government kicks off process to find investors in Sabeco
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The government of Vietnam has kicked off a process to find potential investors for a large stake in the country’s biggest beer company, as
...More info on site
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Nigeria: AB InBev to spend $250 mln to build new brewery in Nigeria
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AB InBev has announced it will spend $250 mln to build a new brewery in south-west Nigeria as it launches Budweiser into the country,
...More info on site
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Thailand & Singapore: ThaiBev reports 38.5%increase in full-year profit
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A better performance from spirits and food and contributions from stakes in Fraser & Neave (F&N) and Frasers Centrepoint Limited (FCL) boosted full year
...More info on site
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World: Craft ‘good for us’ as it drives higher Guinness sales - Diageo
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A tech conference perhaps isn’t the most obvious destination for Diageo’s global head of beer Mark Sandys. However, with the alcohol giant recently appointing
...More info on site
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Vietnam: Beer industry forum warns against further tax hikes
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Taxes on alcohol and soft drinks should not be hiked again in the next few years since successive hikes in special consumption tax have had a strong impact on the market, a round table organised by the Viet Nam Beer, Alcohol and Beverage Association heard in HCM City on November 22.
Since 2013 the special consumption tax on alcoholic beverages and beer has been raised four times.
From next year it will be 65 per cent.
Speaking to Viet Nam News on the sidelines of the forum, Nguyen Van Viet, the association chairman, said the growth of the beverages market in the first eight months of this year was 7 per cent, the same level as previous years.
“The growth was mainly due to soft drinks, which have not been affected by the tax. Alcoholic drinks saw no growth while beer witnessed low and steady growth.”
The impact of the tax hikes would be clearer a year or two down the line and so the growth next year would not be higher than in 2017, he said.
Experts cited the example of Japan, which takes around 10 years to bring in a new policy, saying Viet Nam too should be consistency in policy making.
The tax on
...More info on site
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China: Zhujiang Brewery Co Ltd expecting further expansion of offshore sales
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Zhujiang Brewery Co Ltd, one of the major beer producers in China, is expecting the Belt and Road Initiative to help further expand its
...More info on site
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China: Asahi Group to begin distributing Pilsner Urquell and Peroni beer in China
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Asahi Group Holdings will begin distributing two European beer labels under its umbrella in China by next spring as the Japanese group seeks a bigger gulp of the world's biggest market for the drink, the Nikkei Asian Review reported on November 22.
Asahi will market Czech beer brand Pilsner Urquell and Italy's Peroni mostly in Shanghai and other mainland metropolises, targeting younger drinkers who frequent upscale supermarkets and restaurant. Pricing has not been set, but Pilsner Urquell and Peroni are expected to be more expensive than Asahi's Japanese top-seller Super Dry lager, which already costs about three times as much in China as local brands.
Asahi acquired the two brands earlier this year from Anheuser-Busch InBev as part of an asset buyout in five European countries. Global industry leader AB InBev needed to divest a portion of its portfolio to secure its mega-merger with SABMiller.
Although Pilsner Urquell and Peroni are well known in Europe, they are hard to find in China. But China's thirst for premium beer is growing, even as the overall mainland beer market has shrunk from its 2013 peak. Premium beers - a price range that includes Super Dry - are forecast to hold a 13% market share in
...More info on site
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Vietnam & Israel: Vietnam’s Saigon beer to be imported in Israel
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The first Asian food fair in Israel’s Tel Aviv in mid-November impressed the Israeli people, especially the Saigon beer from Viet Nam, the Viet Nam News reported on November 22.
This is the first time Saigon beer was introduced in Israel. The fair is a place to promote food and beverage products from Asian countries such as India, Thailand, Japan and South Korea, as well as Tibet (China) and Viet Nam.
The beer was introduced and promoted through Diplomat, one of the leading import and export companies of Israel having a system of super-wide and large restaurants in Israel.
Speaking at the event, General Director of Diplomat, Roni Bornstein, said he was impressed with the products of Viet Nam at the fair. Diplomat decided to import the Vietnamese beer to the Israeli market because it’s one of the most famous products in terms of high-quality and design.
He said his company took over two years to persuade Israeli authorities to import this beer to Israel due to barriers such as quality and food safety. Now, the entire brand on beer bottles is printed in Hebrew and maintains the Kosher standards of the Jewish people.
Bornstein said that many Israeli people had known about Viet Nam
...More info on site
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Barley News
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World: Australian barley crop forecast at up to 8.5 mln tonnes this year
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According to the latest IGC monthly report, Australian barley crop is estimated at 8.2 mln tonnes (vs GrainCom’s estimate of 8.5 mln tonnes).
According to
...More info on site
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EU: Malting barley market busy on execution and logistics
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The EU malting barley market for the crop year remains busy on execution and logistics, with local freight market up, and quality concerns around
...More info on site
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Ukraine: Barley exports could fall 16% in 2017/18 - analysts
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Ukraine’s 2017/18 barley exports may fall 16 percent to 4.5 million tonnes due to a smaller harvest, analyst UkrAgroConsult forecast on November 23.
Ukraine harvested
...More info on site
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