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Beer Prices ‘To Rise By 70p’ Next Year
By Mr Ethanol | November 12, 2007
Scotsman:
Beer drinkers are facing an increase in the cost of their favourite tipples by the start of next year.
Brewers will be forced to put up the price of cans by an average of 70p on a pack of four and £2 on larger multi-packs because of the increase in costs of raw materials.
Scottish & Newcastle, Coors Brewers, SABMiller and Anheuser-Busch have each been affected by steep increases in the price of malt, barley, glass and aluminium.
Paul Heggarty, of Coors Brewers, explained: “We are facing very severe price pressures for barley as well as other raw materials. The increase in prices will ultimately be passed on to the consumer.”
Barley prices have risen in Europe partly because of poor harvests caused by heavy rains, reducing yield and quality, while crops in Australia were hit hard by droughts.
Fuel, aluminum and glass prices have soared in the last several years.
Barley and wheat prices have also skyrocketed as more farmers plant corn to meet increasing demands for biofuels such as ethanol.
Topics: Negatives, News, Prices |
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