Nov 12 2007
Beer to cost more this new year
Now beer drinkers have to pay more in order to quench their thirst. With the increase in the prices of beer, now this refreshing drink would get bitter for these brewers. It is known that with the increase in the prices of raw material this sudden hike in beer rates has came into picture. The new hike in prices would come into effect from next year. The steep rise in the prices of malt, barley, glass and aluminium is the main cause for this sudden rise.
Another factor responsible is the heavy rains which destroyed the barley cultivation in Europe and affected the quality of the barley crop. While it was noticed that, drought in Australia havocked the barley cultivation, creating a decline in the quantity of raw material for the preparation of beer. This in turn made the cost of barely to rise in the market, with the increase in the prices of glass, fuel and aluminium adding to the woes.
This unpredicted price rise has made the farmers worried and forced them to plant corn to cope up with the rapid demand for biofuels. On the other hand market analyst said that this upward trend in the prices of beer will not bother much to the big suppliers and supermarkets, but the small players will have to bear tough times ahead. Nigel Pollard of Scottish and Newcastle said even brewers would face the brunt of price rise and it will be tough for them to sustain this spiraling cost. He also hinted that lot much is in the offing to march upwards along with beer rates. He said this price rise will effect the rates of other alcoholic beverages like cider and soft drinks too.
The beer manufacturers and traders are not left with any other option, and have to up the rates of bear. It is for sure that this new year beer fans have to get ready to pay more to relish this bubbly delight.