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Flash Summary
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E-Malt.com Flash 49b
December 5 - December 8, 2013
Quote of the Week
"The exciting thing about being a beer lover is that there is so much to enjoy beyond the sensory pleasure of drinking beer."
Author unknown
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Currency Rates
Base Currency: Euro
on December 06, 2013 |
Base Currency: US Dollar
on December 06, 2013 |
| |
1 EUR = 1.3615 USD
1 EUR = 0.8323 GBP
1 EUR = 1.4525 CAD
1 EUR = 1.5064 AUD
1 EUR = 138.9970 JPY
1 EUR = 3.2450 BRL
1 EUR = 45.0725 RUB
1 EUR = 8.3440 CNY
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|
1 USD = 0.7345 EUR
1 USD = 0.6113 GBP
1 USD = 1.0668 CAD
1 USD = 1.1065 AUD
1 USD = 102.0940 JPY
1 USD = 2.3833 BRL
1 USD = 33.1046 RUB
1 USD = 6.1284 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| December 06, 2013 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
183.00-185.00 |  0.55% |
194.00-196.00 | 0.52% |
| 6rw Barley |
174.00-176.00 |  |
183.00-185.00 | |
| 2rs Malt |
375.50-377.50 | 0.33% |
388.00-390.00 | 0.32% |
| 6rw Malt |
364.50-366.50 | |
374.50-376.50 | |
| Feed Barley |
171.00-173.00 | 1.18% |
nq | |
Note: Just click
here
and you will be led to our Market Price History. These are average French barley market prices estimated on FOB Creil basis. The theoretical average malt prices are based FOB Antwerp being estimated on French malting barley. The changes are compared to last Newsletter's prices. Arrows indicate the direction of the change.
Denmark & China: Carlsberg increases its stake in Chongqing Brewery to 60%
...Click here
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EU: Brewing sector can play a strong role in fighting unemployment and boosting the EU economy
...Click here
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The Czech Republic: Beer consumption increases to 148.6 litres per capita in 2012
...Click here
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Portugal: Beer market expected to shrink by 1-2% this year
...Click here
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Canada: Production of most field crops larger, barley output up 27.8% from 2012
...Click here
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China: Number of beer brands offered to consumers is on the rise, but brewers’ margins remain thin
...Click here
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Australia: Declining Australian dollar benefiting malting barley growers
...Click here
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Portugal & Angola: Sociedade Central de Cervejas expects to launch its Angolan brewery by 2016
...Click here
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The Czech Republic: Budějovický Budvar might appeal the French verdict on the “BUD” designation of origin
...Click here
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Greece: Olympic Brewery to expand in three new markets
...Click here
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Pakistan & India: Pakistan’s Murree Brewery looking to expand worldwide through a partnership in India
...Click here
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Graph of the week
Table of the week
EU Malt Exports
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
December 05
1492 Christopher Columbus discovers Hispaniola (El Espanola/Haiti)
1791 Wolfgang Amadeus Mozart, composer, dies in Vienna Austria at 35
1792 George Washington re-elected U.S. pres
1879 1st automatic telephone switching system patented
1880 Blue Jeans are invented
1901 Walter Elias Disney was born, Chicago IL, animator (father of Mickey Mouse)
1978 European Union establishes EMS, European Monetary System
1985 Dow Jones Industrial Average rises above the 1,500 level for 1st time
1989 France TGV train reaches world record speed of 482.4 kph
December 06
1492 Haiti discovered by Columbus, at Mole Saint Nicolas
1768 1st edition of "Encyclopedia Brittanica" published (Scotland)
1877 Washington Post publishes 1st edition
1922 1st electric power line commercial carrier in U.S., Utica, New York
December 07
1877 Thomas A Edison demonstrates the gramophone
1926 Gas refrigerator patented
1941 Japanese attack Pearl Harbor (a date that will live in infamy)
1945 Microwave oven patented
December 08
1794 1st issue of Herald of Rutland, VT published
1863 Abraham Lincoln announces plan for Reconstruction of South
1923 Salary and price freeze in Germany
1993 Dow-Jones hits record 3734.53
Agenda
World Beer Cup 2014 key dates:
-Call for Entries: Oct. 28, 2013-Nov. 1, 2013
-Judging: April 7-8, 2014 in Denver, Colorado
-Gala Awards Ceremony: April 11, 2014 in Denver, Colorado
February 2014:
02-05: RHEX - Rimini Horeca Expo 2014 (Rimini, Italy)
19-22: National Winter Ales Festival 2014 (Derby, UK)
March 2014:
12-15: Brazilian Beer Festival (Blumenau, Brazil)
18-19: Food and Drink Technology Africa 2014 (Johannesburg, South Africa)
23-28: IBD Convention - Asia Pacific Section (Ho Chi Minh City, Vietnam)
April 2014:
07-08: World Beer Cup 2014 (Denver, USA)
08-11: Craft Brewers Conference 2014 (Denver, USA)
13-17: Trends in Brewing 2014 (Ghent, Belgium)
22-24: Pivovar (Brewer) 2014 (Moscow, Russia)
26-27: Zythos Beer Festival 2014 (Leuven, Belgium)
May 2014:
21-24: Pivo (Beer) 2014 (Sochi, Russia)
22-24: Copenhagen Beer Festival 2014 (Copenhagen, Denmark)
June 2014:
11-15: Mondial de la Biere 2014 (Montreal, Canada)
August 2014:
12-16: Great British Beer Festival 2014 (London, UK)
September 2014:
08-11: Worldwide Distilled Spirits Conference 2014 - IBD Scottish Section (Glasgow, UK)
25-27: Drink Technology India 2014 (Mumbai, India)
October 2014:
13-16: China Brew and Beverage 2014 (Beijing, China)
November 2014:
11-13: Brau Beviale 2014 (Nuremberg, Germany)
12-14: Vietbrew 2014 (Ho Chi Minh City, Vietnam)
More events are available on site e-malt.com
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Brewery News
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Denmark & China: Carlsberg increases its stake in Chongqing Brewery to 60%
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Danish brewer Carlsberg upped its stake in China's Chongqing Brewery to 60 percent, strengthening its foothold in the world's largest beer market by volume,
...More info on site
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EU: Brewing sector can play a strong role in fighting unemployment and boosting the EU economy
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Europe’s 4,500 brewers can play a strong role in fighting youth unemployment and boosting the EU economy with the right government policies, according to
...More info on site
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The Czech Republic: Beer consumption increases to 148.6 litres per capita in 2012
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The Czech Republic’s alcohol consumption last year grew by 6.4 litres to 175.2 litres per capita. Beer consumption grew most, by 6.1 to 148.6
...More info on site
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Portugal: Beer market expected to shrink by 1-2% this year
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Portugal’s beer market is expected to shrink by 1-2% this year, Ronald den Elzen, CEO of Sociedade Central de Cervejas (SCC), was quoted as
...More info on site
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China: Number of beer brands offered to consumers is on the rise, but brewers’ margins remain thin
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Critics of beer might say the beverage lacks variety and leads to drunken, rowdy behaviour. But a causal stroll down supermarket isles in Wuhan
...More info on site
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Portugal & Angola: Sociedade Central de Cervejas expects to launch its Angolan brewery by 2016
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Heineken’s Sociedade Central de Cervejas (SCC) expects to start brewing its beers at a new facility in Angola by 2016, Sol reported on December 5.
The company’s CEO, Ronald den Elzen, said its joint Angolan venture with Sodiba is currently constructing a brewery, which is expected to start test-brewing in the first quarter of 2015.
Angola accounts for 60% of SCC total beer exports. The company expects its shipments to Angola to show a 15-20% decline this year, as the volumes have been affected by strikes of port employees, the introduction of a new certification by the Angolan government, and higher customs taxes.
Mr. den Elzen said it would be the first decline the company ever suffered on the Angolan market. “Next year we expect to register double-digit growth,” he added.
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The Czech Republic: Budějovický Budvar might appeal the French verdict on the “BUD” designation of origin
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Czech brewery Budějovický Budvar is considering whether it will file an appeal to the Supreme Court over the verdict of the French Appellate Court that the "BUD" designation of origin, owned by Budvar, is invalid, Budvar's spokesman Petr Samec was quoted as saying by Prague Post on December 5.
The French court ruled that the "BUD" trademark cannot be protected as a designation of origin in France, confirming an earlier verdict of a lower-instance court against that Budvar had appealed, brewing group and Budvar's rival Anheuser-Busch InBev said in a press release on December 5.
The decision strengthens the position in trademarks of Anheuser-Busch InBev in France, the company said.
"The court's verdict has not taken effect yet. We are now analyzing our chances of success in a possible appeal to the Supreme Court with our lawyers," Samec said.
Europe's Office for Harmonisation in the Internal Market (OHIM) had granted the registration for the "BUD" trademark in the entire European Union to AB InBev in June already.
It did so after Budvar lost a dispute over the trademark at an EU court in January this year.
Court disputes over the BUDWEISER trademark have dragged since 1907.
In 2000 to
...More info on site
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Greece: Olympic Brewery to expand in three new markets
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Greece’s Olympic Brewery SA is expanding its activities in three new markets - Canada, Brazil and Russia - expecting the first beer exports by the start of the new year, Capital.gr reported on December 5.
Yiannis Hitos, chairman and chief executive of the company, speaking to reporters, said Fix Hellas will become the first Greek beer to enter the Russian market, focusing initially in the Moscow region. At the same time, Olympic Brewery will seek to enter the Brazilian market through a local coffee chain.
Olympic Brewery has established presence in 20 countries, including the UK, Australia, Germany, Italy, Spain, China, Cyprus, South Africa, Sweden, Hong Kong and Chile. In 2013, the company signed an agreement to sell its products in all Duty Free Shops in the country.
Olympic Brewery continues implementing its investment programme which envisages the construction of its own brewery factory with a production capacity of 15,000 tons, part of an investment programme for the period 2014-2015. The investment has a budget of around 10 million euros.
Hitos said the domestic beer market will fall by 2-3 pct this year. Olympic Brewery expects to raise its market share to 13.5-14 pct, rising further to 16 pct in 2014. Its turnover is
...More info on site
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Pakistan & India: Pakistan’s Murree Brewery looking to expand worldwide through a partnership in India
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Pakistan’s premier spirit maker is looking for a partner in India to sell its malt beverage in the neighbouring country and harness international exports from there, as export of alcoholic drinks from Pakistan is banned, Dawn.com reported on December 5.
“We gave a franchise to a company over a year ago but that deal has not really materialised so far,” Sabihur Rehman, special assistant to the chief executive of the Murree Brewery Company, said.
“But we are being approached by many Indian firms and a serious discussion is under way with a large Chandigarh-based distribution company, which wants a brewing franchise.”
Murree Brewery was among the foremost companies to develop partnership in India, taking advantage of a liberalised investment regime approved by the Indian government in July last year.
Under the agreement, Murree Brewery allowed Rahul Chandra of Bangalore-based Elpha Engineering and Project to produce and market its beer in India.
However, Mr Chandra has not been able to make any headway and after waiting for more than a year Murree Brewery has decided to look for another partner.
Although the company also produces vodka, gin and rum, its prime brands are single malt whiskies.
“But our speciality is beer as the company has been producing it
...More info on site
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Barley News
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Canada: Malting barley supply seen as overflowing
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Canada is overflowing with malting barley and some of it is going to remain in bins longer than farmers had hoped, industry officials were
...More info on site
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Canada: Production of most field crops larger, barley output up 27.8% from 2012
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Production of most field crops in Canada increased in 2013 compared with 2012 as yields reached a number of record highs, Statistics Canada reported
...More info on site
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Australia: Declining Australian dollar benefiting malting barley growers
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A declining Australian dollar may well be the cherry on top of an already fantastic year for Western Australia grain growers, Farm Weekly reported
...More info on site
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