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Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

India. United Breweries’ Q3 net up 40 pct

Vijay Mallya-controlled United Breweries Ltd said its net profit rose by 40.26 per cent to Rs 29.82 crore in the third quarter ended December 31, 2010, over the corresponding period a year ago.
The company had a net profit of Rs 21.26 crore in the same quarter last fiscal, United Breweries said in a filing with the Bombay Stock Exchange.
Net income of the company increased to Rs 609.62 crore in the quarter under review from Rs 442.11 crore during the same period previous year, it said.
For the nine-month period ended December 31, 2010, net profit jumped up to Rs 127.91 crore from Rs 68.44 crore in the same period previous year.
Net income rose to Rs 1939.19 crore in the nine-month period under review from Rs 1406.78 crore during the same period last fiscal.
In another regulatory filing, the company informed the BSE that the Scheme of Amalgamation of Associated Breweries and Distilleries Limited, Millennium Alcobev Private Limited and Empee Breweries Limited into United Breweries Limited has been approved by the respective High Courts of Karnataka and Madras.
The company is engaged in manufacture, purchase and sale of beer including licensing of brands, which constitute single business segment, it said
Shares of the company closed at Rs 378.30, up 2.51 per cent from the previous close on the BSE.

11 Фев. 2011



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