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Flash Summary
Last five Flashes
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E-Malt.com Flash 05b
January 30 - February 02, 2014
Quote of the Week
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Apple Inc
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Currency Rates
Base Currency: Euro
on January 31, 2014 |
Base Currency: US Dollar
on January 31, 2014 |
| |
1 EUR = 1.3612 USD
1 EUR = 0.8241 GBP
1 EUR = 1.5218 CAD
1 EUR = 1.5553 AUD
1 EUR = 139.4650 JPY
1 EUR = 3.3087 BRL
1 EUR = 47.8566 RUB
1 EUR = 8.3143 CNY
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|
1 USD = 0.7347 EUR
1 USD = 0.6054 GBP
1 USD = 1.1179 CAD
1 USD = 1.1426 AUD
1 USD = 102.4590 JPY
1 USD = 2.4306 BRL
1 USD = 35.1569 RUB
1 USD = 6.1079 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| January 31, 2014 |
| Type |
Crop 2013 |
Crop 2014 |
| EUR |
% |
EUR |
% |
| 2rs Barley |
177.00-179.00 |  |
187.00-189.00 |  0.53% |
| 6rw Barley |
170.00-172.00 | 0.58% |
179.00-181.00 | |
| 2rs Malt |
369.00-371.00 | |
379.50-381.50 | 0.32% |
| 6rw Malt |
360.00-362.00 | 0.34% |
369.50-371.50 | |
| Feed Barley |
155.00-157.00 | |
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.
World: Diageo reports weakened first-half sales due to slowdown in Asian markets
...Click here
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The Netherlands & India: Increasing stake in United Breweries may prove to be not so easy for Heineken
...Click here
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Myanmar: Myanmar Carlsberg Ltd. imports first equipment to open beer factory
...Click here
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UK: Beer duty freeze would secure 2,400 jobs - brewers
...Click here
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Namibia & China: Namibia Breweries Limited starts shipping beer to China
...Click here
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Russia: Ban on beer at sporting events may be lifted as early as this year
...Click here
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Graph of the week
Table of the week
World Barley Imports, Production, Consumption, and Stocks by Region
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
January 30
1922 World Law Day, 1st celebrated
1951 Ferdinand Porsche, German car inventor (Porsche), dies at 75
1995 Belgium's TV channel 2 in Flanders goes on the air
January 31
1956 The twist off bottle cap is invented
1973 Ragnar Frisch Norwegian economist (Nobel 1969), dies at 77
1990 McDonald's opens its first restaurant in Russia.
February 1
1788 1st US steamboat patent issued, by Georgia to Briggs & Longstreet
1884 1st volume of the Oxford English Dictionary, A-Ant, published
1898 1st auto insurance policy in US issued, by Travelers Insurance Co
1968 World trade conference Unctad 2 opens in New Delhi
February 2
1914 The Hong Kong Stock Exchange (formerly the Association of Stock Brokers in Hong Kong) is established.
1947 Edwin H. Land, founder of Polaroid Corp., demonstrates the instant camera to 650 scientists assembled at the annual meeting of the Optical Society of America.
1995 Barings Bank, one of the oldest and most distinguished investment banks in the world, declares bankruptcy after rogue trader Nick Leeson loses more than $1.4 billion on unauthorized (and apparently unsupervised) trades in Japanese stock futures.
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:
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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Germany: Beer sales drop to levels of the 1990s
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Over the past years, Germans have drastically reduced their beer consumption. Fresh figures showed 2013 was no exception, with sales reaching their lowest level
...More info on site
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World: Diageo reports weakened first-half sales due to slowdown in Asian markets
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A slowdown in Asian markets such as China weakened sales, but Diageo said earlier this week a strong demand for premium spirits in North
...More info on site
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The Netherlands & India: Increasing stake in United Breweries may prove to be not so easy for Heineken
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With the alcohol beverage sector in India presenting lucrative opportunities, global behemoths have been eagerly waiting to swoop in and grab their catch before
...More info on site
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Ukraine: Beer exports decline 16.8% in 2013
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In 2013, Ukraine exported a total of 2.62 mln hl of beer, 16.8% less than in 2012, Pivnoe Delo reported on January 30.
In money
...More info on site
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Myanmar: Myanmar Carlsberg Ltd. imports first equipment to open beer factory
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Myanmar Carlsberg Ltd., a joint venture between Carlsberg and MGS Beverages, is importing equipment to open a beer factory in Bago, Eleven Myamar reported
...More info on site
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UK: Beer duty freeze would secure 2,400 jobs - brewers
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A freeze in beer duty in the 2014 budget would secure 2,400 jobs, promote growth and investment in Britain’s beer industry, The Drinks Business reported on January 30.
Last year the beer duty tax escalator was scrapped leading to renewed confidence in the sector and resulting in an increase in beer sales for two consecutive quarters for the first time in 10 years.
Industry CEOs are now pushing for a freeze on beer tax in this year’s budget and have put forward their case to Economic Secretary to the Treasury, Nicky Morgan MP.
Between 2008 to 2013 beer tax has increased by 42 per cent, despite beer sales dropping by 21 per cent.
In that time 7,000 pubs have closed representing a loss of 58,000 jobs in the UK.
British beer drinkers paying 42 per cent of the entire EU beer duty bill while beer and pubs contribute £22 billion to UK GDP and generate £11 billion in tax revenue.
A freeze in this year’s budget would lead to 2,400 additional jobs in the first year alone, at a cost of £4 million to the Government, and provide a further boost to the industry, according to new research from independent experts Oxford Economics.
Brigid Simmonds, chief
...More info on site
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Namibia & China: Namibia Breweries Limited starts shipping beer to China
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The Chinese authorities have accepted the first ever consignment of Namibian brewed beer, a significant feat in the trade relationship between Namibia and China, second only to the first ever conclusive agreement on Animal Health and Quarantine the two countries signed in 2011, All Africa reported on January 29.
Namibia Breweries Limited exported the Windhoek Lager beer brand in early December last year from the port of Walvis Bay and the consignment arrived in China on January 7.
"Windhoek Lager was exported and received with open arms as the demand for Windhoek Lager increases with [Chinese] locals travelling to Namibia and South Africa," the manager for Global Sales at Namibia Breweries Limited (NBL) Goose Goosen said this week.
The consignment was shipped to test and gauge market response, but Goosen says there is "a preference for Windhoek Lager and Windhoek Draught." Namibia has been working to diversify its exports to China, and to move away from the export of raw minerals and to promote greater value addition in Namibia. The breakthrough finally came in 2011 with a formalised agreement and subsequent visits by Chinese authorities to validate various export facilities in 2012. This was after years of negotiations, and intense diplomatic discussions,
...More info on site
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USA: Heineken introduces 8.5 oz slim can format
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Heineken US is to introduce the first 8.5 oz slim can format in the premium price segment. From 1 March 2014, Heineken 8.5 oz slim can 12-packs will roll out at retail outlets across the US, FoodBev.com reported on January 30.
"The 8.0 oz to 8.9 oz can size experienced explosive growth in 2012, growing 356% in case volume and 522% in dollar volume and now represents an 8.2 million case segment and growing," said Belen Pamukoff, Heineken brand director for Heineken US. "42% of that growth is generated in the c-store channel, where the 8.5 oz can format is outpacing all other sizes and is a preferred pack size among ethnic consumers.
"We are excited to now offer shoppers Heineken 8.5 oz slim cans, the first premium 8.5 oz format that caters to the growing Hispanic and African American demographic who prefer upscale beer and Heineken to mainstream counterparts.
"The 8.5 oz can is the perfect size for outdoor and sports-viewing occasions. The smaller can size ensures a colder liquid per serving, while Heineken's superior taste and contemporary upscale pack graphics provide consumers with a premium and memorable beer-drinking experience."
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Russia: Ban on beer at sporting events may be lifted as early as this year
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A leading lawmaker in Russia has called on the ban on selling beer at sporting events to be lifted ahead of the country hosting the football World Cup in 2018, echoing a similar earlier appeal by President Vladimir Putin, The Moscow News reported on January 31.
Igor Rudensky, who heads the Committee on Economic Policy, Innovation and Entrepreneurship in the State Duma, said that allowing the sale of beer in stadiums would be in tune with widely accepted international practice.
The ban could potentially be lifted as early as this year.
The sale of beer and beer advertising was banned at sports venues in 2005 as part of a wide series of measures aimed at slashing alcohol consumption in Russia.
Rudensky said that while the prohibition of beer could be reconsidered, spirits should remain banned and that fans needed to develop a more responsible drinking culture. Under proposal made by Rudensky, the sale of beer would be restricted to stadium eateries.
Then-Prime Minister Vladimir Putin said two years ago that beer should be allowed at the 2018 World Cup.
“In Europe and all over the world, beer is sold without problems,” Putin said. “During the World Cup, we have to allow it in any case, because
...More info on site
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