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Flash Summary
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and Beer statistics. The tables related to barley are published in
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Malt Statistics section and the tables related to beer in
Beer Statistics section.
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E-Malt.com Flash 46a
November 13 - November 15, 2017
Quote of the Week
The best way to make your dreams come true is to wake up.
Paul Valery
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Currency Rates
Base Currency: Euro
on November 15, 2017 |
Base Currency: US Dollar
on November 15, 2017 |
| |
1 EUR = 1.1745 USD
1 EUR = 0.8959 GBP
1 EUR = 1.4933 CAD
1 EUR = 1.5361 AUD
1 EUR = 133.2900 JPY
1 EUR = 3.8488 BRL
1 EUR = 69.6787 RUB
1 EUR = 7.7950 CNY
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|
1 USD = 0.8525 EUR
1 USD = 0.7618 GBP
1 USD = 1.2736 CAD
1 USD = 1.3104 AUD
1 USD = 113.5700 JPY
1 USD = 3.2887 BRL
1 USD = 59.6207 RUB
1 USD = 6.6378 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| November 15, 2017 |
French Barley/Malt
Crop 2017
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
188.50-190.50 |  |
| 6RW Malting Barley (FOB Creil) |
156.00-158.00 | |
| 2RS Malt (FOB Antwerp) |
386.50-388.50 | |
| 6RW Malt (FOB Antwerp) |
347.00-349.00 | |
| Feed Barley (FOB Creil) |
151.00-153.00 | |
French Barley/Malt
Crop 2018
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
191.50-193.50 |  0.52% |
| 6RW Malting Barley (FOB Creil) |
158.00-160.00 |  0.63% |
| 2RS Malt (FOB Antwerp) |
388.50-390.50 | 0.31% |
| 6RW Malt (FOB Antwerp) |
347.50-349.50 | 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 | 0.79% |
| Malting Barley (West) |
1,254.00-1,256.00 | 0.79% |
Danish Malting Barley
Crop 2018
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,194.00-1,196.00 | 0.83% |
| Malting Barley (West) |
1,194.00-1,196.00 | 0.83% |
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 |
|
| Feed Barley, basis Lethbridge |
211.00-213.00 |
|
| Feed Barley, basis Winnipeg |
211.00-213.00 |
|
| Feed Barley, bulk in store, Vancouver |
274.00-276.00 |
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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 |
|
| Feed Barley, basis Great Falls, Montana |
115.00-117.00 |
|
| Feed Barley, basis Minneapolis, Minnesota |
95.00-97.00 |
|
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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.
Ireland: Boortmalt to expand production capacity at its Athy malting plant
...Click here
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Vietnam: Government aims to complete Sabeco stake sale in December
...Click here
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Vietnam: Multinational brewers thirsting for Vietnam’s beer
...Click here
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USA: Craft beer expected to produce volume growth of up to 6% this year
...Click here
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Canada: Molson Coors to build new brewery in Longueil - report
...Click here
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Ireland: Molson Coors Ireland records mounting losses in 2016
...Click here
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UK: Higher barley exportable surplus forecast for the UK this year
...Click here
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Indonesia: Brewer Delta Jakarta expects sales to pick up by the end of the year
...Click here
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World: Diageo launches an prices EUR1.275 bln fixed rate bonds
...Click here
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Sri Lanka: Beer industry expected to regain market share due to more favourable tax regime in the 2018 budget
...Click here
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North America: AB InBev replacing North American chief to stem sales decline
...Click here
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Portugal: Portugal’s leading brewer changes its name to Super Bock Group
...Click here
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Tanzania: Foreign investors snap up Tanzania Breweries shares
...Click here
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Colombia: Leading brewer Bavaria lowers price of Aguila beer
...Click here
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Hong Kong: Hite Jinro expecting near sevenfold sales increase in Hong Kong this year
...Click here
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South Africa: Kabinet Brewery pushing to capture South Africa’s craft beer lovers
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Eastern Europe Beer Production by Country 2012-2016s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
LOOKING FOR THE WHOLE RANGE OF BITTER ACIDS?
ABSTRACT
The common bitter acids in beer are usually analysed using
different HPLC industry methods. In case you are in the
possession of an underused LC-Q-ToF-MS why not try
a HRMS (High Resolution Mass Spectometry) method?
HRMS is a promising technique that enables outstanding
performance in substance identification. With this method
the similtanious quantification of 33 bitter acids (from the
different iso-alpha acids to humulinones and xanthohumol,
etc.) is possible with an easy sample preparation and a short
analysis run time. Interested?
REFERENCES:
Hildebrandt, J.: Dilute and Shoot -Comprehensive LC-Q-ToF-MS analysis of beer bitter acids, Poster 47
Source: Barth Innovations
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These Days in Business History
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
14 November
1494 - Corporate balance sheets and income statements can trace their heritage to this day, as the first edition of Luca Pacioli's Summa de Arithmetica, Geometria, Proportioni et Proportionalita is printed in Venice
1957 - OPEC (Organization of Petroleum Exporting Countries), forms
1985 - Brewers release 39-year-old pitcher Rollie Fingers
1994 - 1st trains for public run in English Channel Tunnel
2008 - The first G-20 economic summit opens in Washington, D.C
15 November
1904 - King C Gillette patents Gillette razor blade
1971 - Intel advertises 4004-processor
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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Malt News
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Ireland: Boortmalt to expand production capacity at its Athy malting plant
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Boortmalt has decided to extend its malting capacity in Athy (72 kilometres southwest of Dublin) by 30 thousand tonnes in order to continue providing
...More info on site
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Brewery News
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Vietnam: Government aims to complete Sabeco stake sale in December
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The Vietnamese government aims to complete a stake sale in the country's biggest brewer Sabeco in December, the trade ministry said, in the clearest
...More info on site
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Japan: Asahi Group shares headed for more upside
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Already hovering at an all-time high, shares in Asahi Group Holdings are headed for more upside as Japan's largest beer maker looks set to
...More info on site
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Vietnam: Multinational brewers thirsting for Vietnam’s beer
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Every evening, large crowds quaff lager and munch on snacks at the 1B Bac Son beer garden next to Hanoi’s Ho Chi Minh museum
...More info on site
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USA: Craft beer expected to produce volume growth of up to 6% this year
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Craft beer's days of heady double-digit growth may be over, but it is expected to produce volume growth of 5 to 6 percent this year and outperform the broader category in the US, CNBC reported on November 10.
Susquehanna analyst Pablo Zuanic said craft beer is forecast to represent about 12 percent of total beer volume this year, up slightly from 2016 levels. He's basing the information on briefings with the Brewer Association's chief economist, Bart Watson.
Most of the new volume growth this year within the craft beer segment will come from the smaller breweries, the analyst said. Also, he points out that retail shelves won't help much since stores are not adding space to the packaged category.
The analyst said what's growing is essentially "concentrated mainly among the local and regional players," not the big-name brands like Boston Beer and Sierra Nevada.
As a result, Zuanic wrote that he's "somewhat concerned" when it comes to Boston Beer's medium-term outlook. Last month, Boston Beer reported weaker-than-expected revenue as its flagship Sam Adams and Angry Orchard brands remained challenged.
Indeed, the larger brands such as Boston Beer have suffered in recent years from a perception of being not viewed as authentic craft anymore. The company
...More info on site
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Indonesia: Brewer Delta Jakarta expects sales to pick up by the end of the year
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Indonesian beer producer Delta Djakarta expects sales to pick up by the end of this year despite weak figures in the first half caused by restrictive government regulation and weak purchasing power, the Jakarta Globe reported on November 13.
The company plans to expand its export market, improve business efficiency and apply a different marketing strategy to counter Indonesian customers' weakening purchasing power.
Delta — famous for its iconic beer Anker — expects its revenue to grow by 5 percent to 7 percent by the end of the year.
The Jakarta City Administration has a 23.3 percent stake in Delta, which produces and holds licenses for seven beer brands, including Philippine-produced San Miguel and Denmark-based Carlsberg.
The beer producer booked sales of Rp 723.45 billion ($53.4 million) in the first half of 2017, 11.8 percent lower than in the same period last year. However, its net income expanded by 18.23 percent to Rp 125.96 billion during the period.
"Weak sales in the first half of this year were due to government regulation [that bans sales of alcoholic beverages in minor retailers] and weak purchasing power," Delta marketing director Ronny Titiheruw told reporters in October.
In April 2015, The Trade Ministry issued a regulation that bans convenience
...More info on site
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Canada: Molson Coors to build new brewery in Longueil - report
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Longueuil, Quebec will be the new home to Molson Coors as the beer brewing behemoth has settled on a location near St-Hubert Airport and the Canadian Space Agency for its new production facility.
Several sources confirmed the plans in a La Presse report, saying the new plant will require a C$600 million investment and that the locale was decided on due to its proximity to highways.
The City of Montreal had reportedly proposed a site in the eastern part of the island which were found unsatisfactory due to traffic possibly disrupting the transport of raw materials and finished product. According to one source, one of the proposed sites was contaminated and didn’t contain enough space for the proposed project.
A spokesperson for Molson said no decision had been made and a meeting had been requested in recent days between company leaders and incoming mayor Valerie Plante.
Plante said she has not given up on keeping Molson in Montreal and plans to meet with Geoff Molson on November 11 at a Montreal Canadiennes’ hockey game at the Bell Centre.
In July, Molson Coors announced its intention to build the new facility rather than upgrade the 231-year-old facility near the Jacques-Cartier Bridge. That site will be home
...More info on site
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Ireland: Molson Coors Ireland records mounting losses in 2016
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The Irish wing of drinks giant Molson Coors recorded mounting losses last year despite a massive spike in turnover, Fora reported on November 15.
Molson Coors, a global drinks firm headquartered in North America, makes owns several well-known beer brands, including Coors Light, Miller Genuine Draft and Blue Moon.
The latest accounts for the US brewer’s local operation show that the company made a loss of just over €4 million last year.
Since the Irish division was incorporated in 2012, losses at the firm have progressively risen. Molson Coors bought the Cork-based Franciscan Well brewery in early 2013.
During the 12 months up to the end December 2015, Molson Coors made a loss of roughly €2.4 million, while it also lost €500,000 in 2014.
According to the latest accounts, Molson Coors has net liabilities of €10.7 million and will continue to receive financial support from its UK parent.
The directors’ report noted that the company is expected to become profitable within the next two financial years. Last year, Molson Coors took control of the Miller brand outside the US from its former joint venture partner SABMiller.
A spokesman for Molson Coors told Fora that the loss in 2016 was related to investments made by the firm to
...More info on site
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World: Diageo launches an prices EUR1.275 bln fixed rate bonds
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Diageo PLC said it has launched and priced 1.275 billion euros of fixed rate Euro denominated bonds under its European Debt Issuance Programme. The issuer of the bonds will be Diageo Finance plc, with payment of principal and interest fully guaranteed by Diageo plc, the Market Insider reported on November 14.
The issue consists of 775 million euro bonds due November 2020 with a coupon of 0.000 percent and 500 million euros bonds due June 2024 with a coupon of 0.500 percent.
Diageo will use the proceeds from this issuance for general corporate purposes.
Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited, Deutsche Bank AG, London branch, HSBC Bank plc, Nomura International plc and NatWest Markets are joint book-running managers.
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Sri Lanka: Beer industry expected to regain market share due to more favourable tax regime in the 2018 budget
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Sri Lanka's beer industry will regain market share from hard liquor following a more favourable tax regime for the segment announced in the 2018 budget, according to Fitch Ratings.
The budget reduced excise taxes on strong beer by 33 per cent and raised that on hard liquor by 2 per cent, effective immediately. The budget also introduced a Nation Building tax of 2 per cent on all alcoholic beverage sales, which will take effect from April 2018.
Fitch said in a media statement that with the latest tax revisions and barring further changes, beer's market share of total reported alcohol consumption in Sri Lanka would increase to around 24 – 25 per cent in the medium term.
“We expect hard liquor sales volumes to contract 2 per cent over this period, reversing some of the market share gains it made in the last few years. Hard liquor's share rose to 84 per cent in 2016 from 71 per cent in 2014, after a series of tax increases for beer. The market share for beer fell to 14 per cent from 27 per cent over the same period,” it said.
Beer makers will also be helped by the removal of a tax on beer
...More info on site
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North America: AB InBev replacing North American chief to stem sales decline
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The world’s biggest brewer, Anheuser-Busch InBev, is replacing its North American chief to stem a years-long sales decline in its largest market, Reuters reported on November 13.
The maker of Budweiser and Bud Light said on November 13 that Joao Castro Neves would be succeeded on Jan. 1 by another Brazilian company veteran, Michel Doukeris, currently chief sales officer of the global business.
“Neves had been viewed as a potential successor to Brito. If Doukeris can deliver on growth in the U.S., this would boost his chances for the top spot,” Jefferies analysts said.
Other contenders identified by the analysts are David Almeida, chief integration officer, and Ricardo Tadeu, president of African operations.
Brito said it was too early to speculate on CEO succession.
“It’s up to the board to make that decision. But for me, I’ve been here 20-plus years and I’ll be here another 20.”
Brito said he had discussed the departure of Neves with him for nearly a year and that it was a “personal decision”.
Doukeris, a 44-year-old Brazilian citizen with Greek heritage, last year moved his family to New York, the de facto headquarters of what is one of Europe’s biggest companies with a market value of about $200 billion.
The biggest challenge
...More info on site
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Portugal: Portugal’s leading brewer changes its name to Super Bock Group
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Portuguese beverage company Unicer has changed its name to Super Bock Group (SBG), ESM reported on November 13.
This change of the corporate identity incorporates the name of its most famous brand, Super Bock beer, which is celebrating 90 years of production this year.
The company is the market leader in Portugal and is present in over 50 countries, while the annual beer production surpasses 300 million litres.
During the year 2017, the company's beer exports to China have doubled, while overall exports have grown by 25%, reports daily Expresso. SBG is available at 5,000 points of sale in China, across three provinces boasting 200 million people, and is served by a local distributor.
China has become the company's main foreign market, accounting for 40% of SBG’s exports – i.e. 12% of global revenue (€451 million in 2016). Exports will account for 30% of turnover in 2017. Over the past two years, the company has seen its Angolan market slip back however.
The biggest shareholder in the company is Portugal’s Grupo Viacer (consisting of Violas, Arsopi and BPI), which holds 56%, while the remaining 44% is owned by the Carlsberg Group.
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Tanzania: Foreign investors snap up Tanzania Breweries shares
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Foreign investors snapped up Tanzania Breweries Limited (TBL) shares last week to send the weekly turnover at the Dar es Salaam Stock Exchange (DSE) to a record performance over five years, AllAfrica reported on November 13.
The beer maker transacted a total of 6,292,603 shares to contribute a cool Sh84.95 billion, almost equivalent to last week's Sh85.8 billion turnover.
The Sh85.8 billion-turnover was a rise from only Sh2.99 billion that was registered during the week ending November 3, 2017.
Last week's trading activities started slowly, with the maker of Kilimanjaro Premium Lager and Safari Lager transacting only 223 shares at a weighted average price of Sh13,200/share.
The situation was not very different on November 7 and on November 8 when the beer maker transacted only 2,153 and 200 shares respectively. However, the trend changed abruptly on November 9 when TBL moved a total of 5,898,570 shares on pre-arranged basis and some 9,066 more on normal basis at a weighted average price of Sh13,500/share to contribute a staggering Sh79.753 billion to the day's turnover.
Though stock market experts and authorities appeared coy to state who bought and sold the shares on November 9, The Citizen understands that they were sold in South Africa by employees' trust
...More info on site
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Colombia: Leading brewer Bavaria lowers price of Aguila beer
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Colombia’s leading brewer Bavaria has decided to lower price of one of its best-selling beers, Águila. The price per unit will go down to 1,500 COP per bottle, the same as during the Brazil World Cup of 2014, The Bogota Post reported on November 14.
The decision came after Colombia classified to the World Cup 2018 to be held in Russia. Following Colombia’s victory over Peru with a goal by James Rodriguez, Bavaria came forward with the announcement.
Alejandro Molina, brand director for Águila, explained in El Tiempo “We’ve noticed the bets and the buzz around the World Cup, and all the joy this victory has brought—how could we not join the party? We’d like Colombians to celebrate with domestic beer. That’s why we’ve lowered the price of Águila beer.”
While small, the 200-peso reduction has been received well by Colombians. Beer is the preferred alcoholic beverage in the country, after all.
However, it is less affordable than expected in a nation with a US $250 minimum wage. Average price of a domestic beer at a supermarket rivals that of Barcelona or Berlin; the same beer at a bar will cost you anywhere from two to six times the suggested price.
Águila is produced by
...More info on site
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Hong Kong: Hite Jinro expecting near sevenfold sales increase in Hong Kong this year
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Hite Jinro expects its beer sales in Hong Kong to see a near sevenfold increase this year compared to 2012, according to a company press-release published on November 14.
Last year, Hite Jinro sold 320,000 boxes of beer, a 31 percent on-year increase. This year, that number is expected to rise to 410,000 boxes, almost seven times more than the 60,000 boxes sold in 2012, when Hite Jinro entered the Hong Kong market with stout beer. One box contains 20 500-milliliter bottles.
Hite Jinro currently sells various brands in Hong Kong including Dry D, Max and Hite. In September, it began exporting Filite, a low-alcohol beverage that became a hit in Korea for its low prices. However, Filite is priced similar to other beers in Hong Kong, staking its competitiveness on quality rather than pricing.
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South Africa: Kabinet Brewery pushing to capture South Africa’s craft beer lovers
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The search for new beers in South Africa has taken to new levels. Analysts are saying that the country is in the throes of a craft beer revolution with independent brewers opening up, almost on a weekly basis, DeathRattleSports.com reported on November 12.
Serbia might not evoke ready memories for most Africans but the taste of Serbian beer made a lasting impression for the Brawlers that came for a round of golf at the Houghton Golf Estate last month.
Businesswoman Linda Khoza’s Kabinet Brewery makes no bones about the push to capture a slice of the local beer industry. Khoza says it is open season in the industry, and those who win will be judged, not on mass production, but on the quality of the brew.
“We consider ourselves to be passionate gourmets. We are searching for new and unusual tastes, while aiming to offer the highest quality craft beers from selected ingredients. We have created the Kabinet Brewery in South Africa, and it’s all about curiosities in the market,” Khoza says.
Kabinet is the brainchild of Serbian Branimir Melentijevic, whose passion for golden liquids inspired him to build a brewery in 2015.
The brand has not looked back since then, and is
...More info on site
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Barley News
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UK: Higher barley exportable surplus forecast for the UK this year
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Last month the AHDB’s Early Balance Sheet was published, highlighting a bigger barley export pool than last year and a return to stronger production
...More info on site
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