Can shortage has brewers feeling tapped out First is the 10 per cent tariff on aluminum placed on Canadian exports to the U.S. by the Trump administration earlier … Copyright © 2002-2020 Resource World Magazine Inc. All rights reserved. It has been reported that Molson Coors, Brooklyn Brewery, and Karl Strauss have moved production away from the smaller brands in response to the shortage in order that their flagship brands won’t run out of stock. Aluminum prices are collapsing and excess inventories are rising fast, but the market isn’t yet facing the crisis that ravaged the industry in 2008. And while can manufacturers try to keep up, it’s impacting local companies, like Fulton Brewing. Your email address will not be published. Beer and soda pop on tap in restaurants and bars don’t utilize cans. “The aluminum beverage can manufacturing industry has seen unprecedented demand for this environmentally-friendly container prior to and especially during the COVID-19 pandemic,” the association told USA Today in July. Quite a few brands have seen shortages, including Modelo, Corona, Coors Light, and Dos Equis, according to Forbes . Ecuador is expected to increasingly emerge as a ‘go to’ jurisdiction for mining investment in Latin... Headquartered in Calgary, Alberta, with an office in Vancouver, British Columbia, Olympia Trust Company provides a... PureGold Mining Inc. is in the final stages of preparing for first gold pour at its... CORPORATE PROFILE Lida Resources Inc.’s business strategy is to acquire mineral properties and place them into... You have successfully subscribed to the newsletter. “Plastic is in stock, and there appear to be no shortages in the future. The shortage is primarily due to people staying at home and imbibing soda pop and beer in aluminum cans as opposed to going to restaurants, pubs and bars. There’s an unprecedented demand for aluminum, leading to a shortage. Resource World Magazine will use the information you provide on this form to be in touch with you and to provide updates and marketing. Canada is facing an aluminum can shortage and White Claws could be threatened Bad news, Canada; our country is facing an aluminum can shortage, which means that popping into your local liquor store for a White Claw, Mike's Hard Lemonade or beer might prove more difficult in the coming months. Aluminum News: The 2020 Aluminum Can Shortage. "Aluminum cans are in very tight supply with so many people buying more multi-pack products to … Coca-Cola said: “Like many companies, we are seeing greater demand for products consumed at home, and we are … Budway says he is not afraid that aluminum cans could lose market share in the long term as a result of the current shortage. Certain products are sold only in cans.”, Tiedt adds there are steps shoppers can take to alleviate the burden on aluminum can producers. Fulton pours drinks at their taproom and sells beer and hard seltzer in cans around the region. That’s because small craft brews have exploded and completely changed the way alcoholic beverages are marketing and sold. “We do still receive occasional shipments of some of the more popular flavors in cans, however those are sporadic shipments, so shoppers may not always find their favorite flavors in can form.”. November 23, 2020. Shoppers who typically buy cans can look to buy flavors in plastic bottles if available.”. Like toilet paper, when the pandemic struck, people began to stockpile cans of beer and soda pop – probably because they are easier to stack and store than bottles. What does this all mean for consumers? “We make a machine that cans beer. Shivaram tells Action 2 News the only two major players producing aluminum cans faced an up to 25% increase in demand brought on by the pandemic. Companies are facing an aluminum can shortage, KHOU 11 reports. That switch launched the country into an aluminum can shortage, putting small businesses in competition with beer giants for the same product. “It is true," said Shivaram. Consumers also appear to be favoring the portability and storability cans as they spend more time at home.” The Can Manufacturers Institute said that their industry was “working 24/7” in an attempt to meet the current demand for canned drinks. A good chunk of those popular brands are based in Mexico, where non-essential breweries have closed as the country continues to battle the pandemic. Aluminum tariffs could worsen can shortage Back to video “It is scary because the effect it could have is enormous,” said Iain Hill, owner and brewmaster at Strange Fellows Brewing in Vancouver. Sprott bullish on high quality gold stocks, Teck mulls alternatives as coal strike looms, Americas Gold sets 50 million-ounce Idaho silver target, Endeavour Silver selling El Cubo mine to VanGold, Sokoman drills 26.88 g/t gold over 5 metres at Moosehead, Mountain Province sells $80.2 million in diamonds in Q4, Ecuador encouraging foreign mining investment, PureGold Mining prepares to become Red Lake’s next gold producer, Lida Resources placing Peruvian mines back into production. … “We understand that brands may need to use other packages temporarily,” he says, but the factors that had led the can to take market share away from plastic and glass are still at play. An unexpected consequence of the pandemic is a shortage of aluminum cans. Now, the lockdown has … Fewer and fewer people are going out to bars and drinking draft beverages, which means an uptick in home alcohol consumption, which also means that more bottles and cans are being consumed than ever before. “This is at the same time there were a lot of disruptions to trade because of COVID but also because of tariffs and everything happening in the world,” said Shivaram. Lately, I have been having all kinds of trouble finding certain cans of soda to stock my vending machines with. Aluminum can shortage means some soda flavors could disappear from store shelves ... Can makers have seen a significant increase in demand over the … Research firm IRI found that retail sales of aluminum drink cans jumped 24% by volume in March and hasn't stopped increasing since. Aluminum Can Shortage Affects Northern Michigan Breweries. Attempts to import aluminum cans from outside of the also came with some challenges. But an increase in demand for aluminum cans over the past few months has resulted in a shortage, leaving breweries left facing long order times and … In an email to Action 2 News on Wednesday afternoon, Festival Foods Buyer Merchandiser Travis Tiedt writes, “When the pandemic hit, the volume of aluminum spiked and the three major soft drink companies used a large amount of their 2020 forecast prior to the month of May. A nationwide shortage of aluminum cans has sent breweries into a frenzy. Article continues below advertisement Why is there an aluminum can shortage? There's An Aluminum Can Shortage, So Finding Your Favorite Sodas Might Be A Challenge During the pandemic, people have been turning to canned beverages. A shortage of 12-ounce aluminum cans is prompting many soda and beer makers to cut back on the quantities of the beverages they are producing, the latest being the makers of Dr. Pepper. HOUSTON - With summer weather heating up, consumers may find it difficult to find a cold, canned beverage to quench their thirst. According to a recent article on CNN Business, an aluminum can shortage is causing some beer and soda brands to be out of stock or to have to cut back on their product offerings. The aluminum conundrum has made a dent in the beer industry, too. Required fields are marked *. By Alexis Morillo Soda pop manufacturers are focusing on their main brands to keep them in stock. “Aluminum cans are in very tight supply with so many people buying more multi-pack products to consume at home,” Coca-Cola spokesperson Ann Moore told USA Today. “The consumer will see an increase in the price of a soda can and the price of a can of beer, because producers will try to pass that cost increase down to the consumer,” said Shivaram. : aluminum shortage, … “It is true," said Shivaram. 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