​​"This is a little bit of Covid, a little bit of market dynamics over the long run," said Lester Jones, the Wholesalers Association chief economist.​​. Aluminum is at the center of a major pandemic-fueled disruption. 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. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Why is there an aluminum can shortage? Now, the lockdown has claimed its latest victim: aluminum cans. Beverages. coronavirus and changing habits related to it, American craft brewers were already in trouble. "We’ve been working with our distributors to try to manage it, we’ve been getting as many cans as possible from our suppliers, we’ve literally scoured the globe to source more cans from countries around the world, and we’re now seeing progress on the supply of 12-ounce industry-standard cans," Molson Coors chief communication officer Adam Collins said in an emailed statement. Due to the COVID-19 pandemic, more and more people are opting for drinks in cans. Sign up here, Walmart and Sam's Club to require masks nationwide starting July 20 as COVID-19 cases rise, Your California Privacy Rights/Privacy Policy. He did not say which products or specifically attribute the decision to a shortage of cans. All times are ET. 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"Our sales for that before COVID was about 10 … Canmaker Ball Corp. will open two new plants in America by the end of 2021 and add two production lines to U.S. facilities. He declined to name specific beers, citing competitive concerns. “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 Aluminum Association, an industry group representing the metal's manufacturers, said in a statement. Most stock quote data provided by BATS. Another pandemic-related supply chain issue to hit the shelves is a national can shortage that is affecting both the food and beverage industries. And Brooklyn Brewery is focusing on its best-selling brands rather than its newer beers, its CEO said. Beer sold in cans accounted for 50% of all beer sold in 2010 and 60% in 2019, a 20% increase, according to the National Beer Wholesalers Association, a trade association for US beer distributors. Oh Great—Now There's an Aluminum Can Shortage, Too Americans are drinking at home more, and canned beverage companies are having a hard time keeping up with demand. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Between the coronavirus pandemic, the surge in off-premise sales and more people buying beer at liquor or … ​​"Everyone who makes anything that goes into a 12-ounce can is being challenged to some respect," Adam Collins, Molson Coors' spokesperson, told CNN Business. In the short term, the company is working with its foreign plants to distribute cans to the North American market. Brewers increasingly turned to the vessel during the past 10 years. "We are working to have more stocked for you on the shelves ASAP," the company said. Aluminum was in high demand even before the pandemic, as many beverage companies were making the switch from plastic to the more environmentally-friendly metal. ​​That's partly because of the can shortage as well as increased consumer demand for brewers' biggest brands. San Francisco (CNN Business)A shortage of one of the most mundane items in daily life -- the humble aluminum can -- means beer fans are likely to find that some of their favorite brews are out of stock right now. SEATTLE — There’s a new shortage in America -- this time for aluminum cans -- and the COVID-19 pandemic is again to blame. Published on 11/2/2020 at 4:43 PM. Expect to hear more about can shortages across beverage companies.". But with the shortage of aluminum cans and demand at an all time high, business has been out of whack. Aluminum can shortage means your favorite soda may be hard to find. Beer maker Molson Coors did this in May amid what it called an "unprecedented shortage of 12-ounce recyclable aluminum cans.". Here's an apparent pandemic side effect you might not have imagined: a severe shortage of aluminum beverage cans. In some cases, beverage makers suspended output of products that sell in low volumes, so they can focus on their bestsellers. Industry-Wide Aluminum Can Shortages. Ball spokesperson Renee Robinson said the company experienced increasing demand for aluminum cans before COVID-19 from a surge of interest in hard seltzer and sparkling water. From soft drinks to hard seltzer, canned drinks are high in demand. U.S. faces shortage of up to 8 billion meals in next 12 months, leading food bank says The can shortage is set against a backdrop of on-again, off … Sign up here. There’s no shortage of aluminum, but aluminum cans, specifically. Disclaimer. "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 said Wednesday in an email. ​​To be sure, not everyone says they've been hurt by the shortages in cans. From a report on CBS8, San Diego, owner of Serpentine Cider, Sean Harris verified there is an aluminum can shortage. Much like manufacturers weren't prepared for a sudden rush of Americans buying toilet paper in the early days of the pandemic, canmakers and beverage companies weren't ready for drink consumption to go from the tap to the home. Karl Strauss has whittled down the number of beers it typically makes, putting the pause on specialty releases and seasonal beers. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. An aluminum can shortage and tariffs are increasing the price of canned beer for breweries — and maybe consumers. He verified there is an aluminum can shortage, saying consumers are turning to cans more now than ever before. And yet, President Trump has, according to Reuters, reinstated a 10% tariff on aluminum products entering the … Drink Beer Shortage The U.S. has been facing an aluminum can shortage caused by the pandemic for months, and local breweries are still being impacted. U.S. PepsiCo referred questions to the American Beverage Association, which represents nonalcoholic-drink makers. Beverage companies have been hit with a shortage of aluminum cans as soft drink and beer consumption has shifted from restaurants to homes amid the coronavirus pandemic. It's also vulnerable to crime, police say, All retail bankruptcies are not the same. “Every company that makes anything in the 12-ounce can has been challenged to some degree by the global can shortage,”’ said Chief Executive … “The big game right now is just figuring out how to get our hands on as many … News. "The can industry is working 24/7 on meeting the unprecedented demand," said Robert Budway, president of the Can Manufacturers Institute, the industry's trade association. ​​"From what we can piece together, everyone is now having issues meeting demand, and there is fear of lost business to wine and spirits," analysts Robert Ottenstein and Eric Serotta wrote. Molson Coors, which sells brands like Blue Moon and Coors Light, shifted production in its portfolio away from smaller, slower-moving brands as a result of the can shortage, Collins said. The coronavirus crisis is causing an aluminum can shortage as lockdowns accelerate demand for … COVID-19 ushered in an "unprecedented surge in demand" and "short supply" of certain canned drinks, Robinson said in an email. Don Ford explains. PepsiCo CEO Ramon Laguarta told analysts in a conference call Monday that the company "made some choices in our supply chain" to "eliminate the less" popular items in its lineup for now. HOUSTON - With summer weather heating up, consumers may find it difficult to find a cold, canned beverage to quench their thirst. Beer-makers such as D.G. Yuengling & Son, Oskar Blues and Artisanal Brewing Ventures say their supplies have not been interrupted. Can producers such as Broomfield, Colorado-based, ​​"Can supply is a big deal," said Paul Gatza, a senior vice president for the Brewers Association, the trade association representing America's craft breweries. "There is an aluminum shortage, specifically it’s a shortage of aluminum cans.” The Wisconsin Aluminum Foundry CEO says the cause of the shortage is … You might have trouble finding Coca-Cola in a can, or other soft drinks for that matter, because of a shortage of aluminum and high demand brought on by the coronavirus pandemic. National aluminum can shortage There's an unexpected shortage in aluminum cans as a result of the COVID-19 pandemic. Now, the lockdown has claimed its latest victim: aluminum cans. With thousands of Americans opting to crack open a can at home, rather than inside a bar or restaurant, beverage companies are seeing a remarkable shortage of one of their most important supplies — aluminum cans. “Beverages in convenient take-home packages like aluminum cans are particularly popular right now, and beverage company employees are doing all they can to make sure store shelves remain fully stocked," William Dermody Jr., the ABA's vice president for media and public affairs, said in an email. "Many new beverages are coming to market in cans, and other long-standing can customers are moving away from plastic bottles due to ongoing environmental concerns around plastic pollution. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. ​​Demand for the can was already strong before the pandemic. 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