10998
0
ALUMINUM SHORTAGE IN THE US
Quarantine period changed people's habits.The demand for canned beer increased with the closure of the houses. This led to aluminum shortage in the USA.
Yazar: Tom Roberts
Yayınlanma: 24 Temmuz 2020 16:54
Güncellenme: 20 Eylül 2024 12:20
ALUMINUM SHORTAGE IN THE US
In the US, there is a shortage of a product that perhaps no one can think of: Aluminum can… According to the news in CNN, especially beer producers are in a difficult situation. Some beers are not currently on the shelves.
Due to the crisis in the aluminum can supply, brands such as Molson Coors, Brooklyn Brewery and Karl Strauss have gone to reduce product diversity in order to be in stock.
60 PERCENT OF THE BEER SOLD IN 2019 IS CANNED
One of the most important causes of this distress is the changing habits due to the corona virus outbreak. Beers are generally sold in barrels in places such as cafes, bars and restaurants. However, the fact that these places were closed due to quarantine caused people to buy more canisters in their homes. According to the figures of the US National Beer Wholesalers Association, the demand for canned beer has already increased in the period before the epidemic. According to this, while 50 percent of the beers sold in 2010 constituted cans, this rate increased to 60 percent in 2019."The problem is related to the corona virus and the dynamics of the market," said Lester Jones, chief economist of the Wholesalers Association. The fact that companies producing soft drinks also started using long thin aluminum cans is one of the important factors in increasing demand.
BILLIONS OF ALUMINUM CANISTERS ARE IMPORTED
Due to this problem, Molson Coors stopped the production of less sold beer varieties. Karl Strauss lowered its production capacity and stopped the production of special series and seasonal beers. Brooklyn Brewery gave priority to the best-selling varieties in production. The Box Manufacturers Association has announced that they have faced an unprecedented demand. For this reason, it has been stated that manufacturers have taken an unusual step by importing billions of empty boxes in overseas countries. Manufacturers such as Ball Corp and Crown Holdings are building new production lines and facilities. However, it will take at least 1 year for them to become operational.THERE ARE ALSO PRODUCERS WHO HAVE NO PROBLEMS
"Recycling times have increased from 4-5 days to 4-5 weeks," said Karl Strauss' Vice President of Sales and Marketing, Chad Heath. The prices of printed boxes have doubled, ”he said. D. G. Brewers such as Yuengling & Son, Oskar Blues and Artisanal Brewing Ventures announced that they had no problems with the supply of aluminum cans.İLGİLİ HABERLER
European stocks soared and focus shifted to German retail sales after Powell's speech!
Forex Signal For TRY/USD: Inflation Slowdown in November.
Forex Signal For GBP/USD: Bullish Trend Still Not Breaking While Recovery Continues.
Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.
Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.
En Popüler Haberler
Yorum Yap
Yorumlar
Henüz yorum yapan yok! İlk yorumu siz yapın...